Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Greenwood, IN Rental Market Trends
What is the average rent in Greenwood?
The average rent for an apartment in Greenwood is $1,094. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Greenwood, IN
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,094 | 905 sq. ft. |
What is the average apartment size in Greenwood?
The average size for a Greenwood, IN apartment is 905 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Greenwood, IN Apartment Rent Ranges
Greenwood, IN Occupied Housing Units
7,839 or 34% of the households in Greenwood, IN are renter-occupied while 15,142 or 65% are owner-occupied.
Greenwood, IN Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 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 |
How Greenwood Compares to Other Cities
| City | Average Rent |
|---|---|
| Indianapolis | $1,055 |
| Greenwood | $1,094 |
| Fort Wayne | $980 |
| Lawrence | $914 |
| Bloomington | $1,217 |
| Lafayette | $896 |
| Noblesville | $1,281 |
| South Bend | $1,151 |
| Carmel | $1,455 |
| Fishers | $1,399 |
| Franklin | $947 |
| Camby | $1,189 |
| Avon | $1,369 |
| Greenfield | $988 |
| Plainfield | $1,313 |
| Whitestown | $1,387 |
| Westfield | $1,452 |
| Brownsburg | $1,332 |
| Anderson | $857 |
| Cumberland | $895 |
| Beech Grove | $1,026 |
Most Popular Apartments in Greenwood
Sandstone Court Apartments
1039 Paz Drive North, Greenwood, IN 46142- 1 BED
- 2 BEDS
- 3 BEDS
- $935+
- $1,126+
- Ask for pricing
Ashmore Trace
902 Wallington Circle, Greenwood, IN 46143- 1 BED
- 2 BEDS
- 3 BEDS
- $1,200+
- $1,304+
- Ask for pricing
Polo Run Apartments
800 Kings Mill Road, Greenwood, IN 46142- Studio
- 1 BED
- 2+ BEDS
- $903+
- $921+
- $1,013+
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greenwood apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.