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Apartments for Rent in Greenwood, IN
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Frequently Asked Questions

When were prices and availability in Greenwood, IN last updated?

Prices and availability in Greenwood, IN were last updated on 24 May 2022.

What are the best apartments in Greenwood, IN?

The best apartments in Greenwood, IN are: Emerald Lakes, Ashmore Trace, Polo Run Apartments, Devonshire Apartments and Honey Creek.

What is the average rent in Greenwood, IN?

The average rent in Greenwood, IN is $1,094. Start your search for apartments in Greenwood, IN now.

What is the price range for a studio apartment in Greenwood, IN?

The price range for a studio apartment in Greenwood, IN is between $920 and $2,006. View all studio apartments in Greenwood, IN.

What is the price range for a 1-bedroom apartment in Greenwood, IN?

The price range for a 1-bedroom apartment in Greenwood, IN is between $678 and $2,138. Browse all available 1-bedroom apartments in Greenwood, IN now.

What is the price range for a 2-bedroom apartment in Greenwood, IN?

The price range for a 2-bedroom apartment in Greenwood, IN is between $627 and $2,445. Browse and find a 2-bedroom apartment in Greenwood, IN.

What is the price range for a 3-bedroom apartment in Greenwood, IN?

The price range for a 3-bedroom apartment in Greenwood, IN is between $935 and $2,445. Browse all available 3-bedroom apartments in Greenwood, IN.

Living in Greenwood, IN

Located approximately 15 miles south of Indianapolis, Greenwood is a small Indiana town with a charming suburban feel. This area has become a great renting option among families and is very quiet and safe. Greenwood has an excellent school system and there are dozens of parks and trails throughout town. One of the most popular parks here is the Freedom Springs Greenwood Aquatics Park, which is known for its water slides and splash pads. While many renters commute to downtown Indianapolis, there are also plenty of employment opportunities in Greenwood. These include regional offices and distribution centers as well as small businesses. If you enjoy spending time outside and being active, Greenwood is a great place to live. It’s just a short drive away from Big Oaks National Wildlife Refuge and Brown County State Park. These natural areas are popular places for camping, hiking, horseback riding and wildlife observation.

Greenwood, IN Demographics

  • Total Population57,764
  • Female 27,867
    Male 29,897
  • Median Age35

Greenwood, IN has a population of 57,764 according to the most recent data from the U.S. Census Bureau. 29,897 of Greenwood’s residents are women and 27,867 are men. The median age of those who live in Greenwood, IN is 35.

Average Rent in Greenwood, IN

  • Greenwood, IN Average Rental Price, April 2022 $1,094 /mo

The average monthly rent of apartments in Greenwood, IN is $1,094.

Greenwood, IN Apartment Rent Ranges

Greenwood, IN Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Apr / 2022
Greenwood, IN $830 $880 $883 $871 $895 $913 $925 $1,034 $1,071 $1,094
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

Compared to the national average rent of $1,628, the average rent in Greenwood, IN is $1,094.

Check out the average rent prices in Greenwood by neighborhood.

Shopping in Greenwood, IN

The Greenwood Park Mall is the biggest shopping area in Greenwood, located on the north end of town on County Line Road. This mall contains popular department stores and boutiques as well as a large food court. There are also two movie theaters, a gym and even more shopping in the surrounding area. Another popular shopping area among renters is located on the west side of town along U.S. Highway 31. Here renters have access to a Target, Walmart, Menards and Home Depot, as well as grocery stores like Kroger, Meijer and Aldi. This area is also home to many popular local restaurants. There are many smaller organic grocery stores and ethnic food stores scattered throughout town as well.

Transportation in Greenwood, IN

Like many suburbs, Greenwood is very spread out, and most neighborhoods here are not walkable. As a result, most renters in Greenwood rely on their cars to get around and explore other parts of the Indianapolis metropolitan area. Most properties in Greenwood come with easy and accessible parking. For renters who use public transit, IndyGo runs bus service from the Greenwood Park Mall to downtown Indianapolis. This can serve as a good alternative for renters who don’t want to drive to work. However, there aren’t any other bus routes within Greenwood and the nearest Amtrak station is located in Indianapolis. For air travel, the Indianapolis International Airport is the closest airport to Greenwood, located some 23 miles southwest away.

Greenwood, IN Households

  • Total Number of Households22,360
  • Family 14,515
    Non-family 7,845
  • Children 8,231
    No Children 14,129
  • Average People Per Household2.56
  • Median Household Income$63,474
  • Median Housing Costs Per Month$999

According to U.S. Census data, there are 22,360 households in Greenwood, IN. 14,515 are family households and 7,845 are non-family households. There are 8,231 households with children in Greenwood and 14,129 households without children. On average, about 2.56 people live in a household in Greenwood, IN. The median income of a Greenwood household living in Greenwood is $63,474 per year. The median housing costs per month are $999.

Greenwood, IN Education Statistics

The level of education of the population of Greenwood, IN is as follows: 2% have no high school education, 38% completed some high school, 24% partially completed college, 7% have an Associate Degree, 21% have a Bachelor Degree, and 7% have a Graduate Degree.

Renting in Greenwood, IN

Like many other towns in the Midwest, Greenwood offers a good selection of affordable rental properties. Greenwood is even more affordable than many other Indianapolis suburbs of a comparable size. It is a relatively short drive from Indianapolis as well, which makes it very popular among renters who commute for work. Most rental properties in Greenwood are single-family homes and there are very few multifamily buildings. Many of these homes are relatively new and have a very spacious footprint. Greenwood’s architecture is very homogenous, which means that many homes have a traditional urban feel and there isn’t much variety between buildings.

RentCafe is your one-stop shop for finding a great new apartment in Greenwood, IN. Easily search through a wide selection of apartments for rent in Greenwood, IN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Greenwood, IN apartments with rents starting from $627 and submit your rental application today!

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