Apartments for Rent in Greenwood, IN

Prices and availability in Greenwood, IN were last updated on 8 Aug 2026.

The best apartments in Greenwood, IN are: Ashmore Trace, Auburn Place, Westminster Apartments and Townhomes, Barton Farms Apartments and Duplexes and The Court at Sandstone Apartments.

The average rent in Greenwood, IN is $1,320.

The price range for a studio apartment in Greenwood, IN is between $817 and $1,237.

The price range for a 1-bedroom apartment in Greenwood, IN is between $857 and $2,680.

The price range for a 2-bedroom apartment in Greenwood, IN is between $979 and $3,370.

The price range for a 3-bedroom apartment in Greenwood, IN is between $993 and $3,746.

In Greenwood, 41% of the residents are renting compared to 59% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Greenwood's rentals, 60% are small-scale complexes with under 50 units, and 31% are single-family rentals.

The average age of rental buildings in Greenwood is 30 years old, with 42% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Greenwood come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Greenwood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.