Apartments for Rent in Greenwood, IN

Prices and availability in Greenwood, IN were last updated on 24 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 $819 and $1,212.

The price range for a 1-bedroom apartment in Greenwood, IN is between $859 and $2,721.

The price range for a 2-bedroom apartment in Greenwood, IN is between $973 and $3,089.

The price range for a 3-bedroom apartment in Greenwood, IN is between $821 and $3,748.

In Greenwood 41% of the housing is rented out compared to 59% of homes are owned, according to the most recent Census Bureau estimates. 8% of Greenwood's apartments are found in large buildings of 50 units or more, 60% are located in smaller apartment complexes with less than 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.

Studio apartments in Greenwood are around 1% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 51% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.