How much is rent in Greenwood?

In Greenwood, the average rent is $1,310+ for a studio, $1,223+ for a 1-bedroom, $1,444+ for a 2-bedroom, and $1,624+ for a 3-bedroom.* For more information on rental trends in Greenwood, check out our monthly Greenwood Rent Report . *Based on base prices that don’t include fees

How can I find a cheap apartment in Greenwood?

You can find the lowest-priced apartments in Greenwood by using the cheap apartments filter or you can search by apartments that are offering move-in specials .

How can I find a pet-friendly apartment in Greenwood?

You can use the pet-friendly filter to find Greenwood apartments that allow pets.

How much should I pay for rent in Greenwood?

The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Greenwood.

How can I find off-campus housing in Greenwood?

You can use the off-campus housing filters to find apartments near colleges located in or around Greenwood. Some of the colleges and universities in the area include Indiana University-Bloomington , Indiana University-Purdue University-Indianapolis , Ivy Tech Community College , Marian University , Butler University , and Franklin College .

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Apartments for Rent in Greenwood, IN

54 rentals available

Stonehedge Apartments
$1,119
1563 Stonehedge West Dr, Greenwood, IN 46142
(463) 300-6074
15 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Cost-effective Living
Bright apartments in relaxed Greenwood setting
Stonehedge Apartments offers a serene respite with bright, airy spaces and convenient amenities like in-unit laundry and modern kitchens, all at a great value in Greenwood. The property is surrounded by parks, enhancing the peaceful atmosphere, and includes an array of features such as dog-friendly facilities, a fitness center, and recently renovated units. Reviews highlight accommodating staff and a well-maintained environment.
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Verge Luxury Flats
$1,314
764 Greenwood Springs Dr, Greenwood, IN 46143
(317) 526-5905
16 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Pet friendly, Garage, Walk in closets, 24hr gym, Pool + more
Premium Living
Exceptional apartments with luxurious amenities in Greenwood.
Verge Luxury Flats in Greenwood offers a perfect blend of modern finishes and spacious layouts. Residents rave about the superb management and well-maintained community. Conveniently located near shopping, groceries, and dining, you'll find everything you need just a short drive away. Enjoy amenities like a gym, pool, and exclusive dog park.
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Village Crossing
$1,299
20 Village Crossing Dr S, Greenwood, IN 46143
(317) 406-0884
18 units available
2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Garage, Gym, Pool + more
Top Amenities
Exceptional amenities enhance lifestyle at Village Crossing.
Village Crossing in Greenwood, IN boasts an impressive array of amenities, including a top-notch pool and fitness center. Residents love the friendly, helpful staff and the overall peaceful and well-maintained community. With in-unit laundry and pet-friendly policies, life here is both comfortable and convenient.
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BayShore Apartments
$1,230
1534 Sandy Bay Drive, Greenwood, IN 46142
(463) 583-1772
11 units available
1 bed • 2 bed • 3 bed
Amenities
Pet friendly, Garage, Gym, Pool, Dog park, Volleyball court + more
Pet Paradise
Enjoy lakeside views and premier amenities in Greenwood.
BayShore Apartments in Greenwood offers a pet-friendly environment with beautiful lakeside views from select units. Residents commend the responsive and efficient staff, enhancing an already exceptional living experience. With access to a gym, pool, and more, your ideal home awaits.
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Greenwood city guide
Everything you need to know
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Best market deals
These units are the best deal in town.
634 Wooddale Terrace Apt 1010
1 Bed • 1 Bath • 882 sqft
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Available
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Westminster Apartments & Townhomes 15-1502
1 Bed • 1 Bath • 701 sqft
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628 Wooddale Terrace Apt 1005
2 Beds • 2 Baths • 1013 sqft
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Yorktowne Farms 1
1 Bed • 1 Bath • 684 sqft
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Feb 23
Mission Hills Apartments 1064D
1 Bed • 1 Bath • 685 sqft
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The Fairways at Valle Vista Apartment Homes
$1,229
610 Paradise Court, Greenwood, IN 46143
(205) 255-3477
24 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, New construction + more
Convenience Haven
Comfort and Convenience in Greenwood
The Fairways at Valle Vista Apartment Homes offer a retreat-like experience with a modern, spacious design set in tranquil surroundings. Just minutes from Greenwood's top shopping and dining, you'll enjoy the best of suburban and urban life. With high praise for its well-maintained grounds and responsive management, it's a place to relax and enjoy.
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Court at Sandstone
$1,026
1039 Paz Drive North, Greenwood, IN 46142
(317) 836-2791
9 units available
2 bed
Amenities
On-site laundry, Nest technology, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance + more
Comfort Oasis
Spacious Living with Excellent Amenities
Court at Sandstone offers a comfortable living experience in Greenwood, IN. Enjoy modern amenities like a pool, gym, and tennis court, along with thoughtful additions like Nest technology and recently renovated interiors. Friendly staff and responsive maintenance make this community a pleasure to call home.
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4.0
Summit Pointe
Ask for price
2400 E Main St, Greenwood, IN 46143
(463) 251-7465
Top rated for Location
“The location is great! Called the office the day I moved in to verify information I needed because I was driving, the staff member was rude and didn’t want to help. Maintenance was on top on some of my requests made at move in.”
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Hardwood floors, 24hr maintenance, Gym, Pool + more
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Westminster Apartments & Townhomes
$950
921 Parliament Place, Greenwood, IN 46142
(801) 418-9468
Rent Savings
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Carport, Recently renovated + more
Great Value
Pet-friendly oasis with amenities and convenience
Discover Westminster Apartments & Townhomes in Greenwood, IN, where comfort meets convenience with a stunning variety of amenities like a resort-style swimming pool and fitness center. With both dogs and cats allowed, it offers a pet lover's paradise. Its proximity to downtown Indianapolis and vibrant local shops enhances its appeal as a great value choice below the metro average.
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Bexley Village Apartments
$1,066
700 Bexley Pl, Greenwood, IN 46143
(317) 680-7081
30 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Carport, Walk in closets + more
Spacious Living
Serene community with great amenities and pet-friendly policies.
Bexley Village Apartments offers a peaceful retreat with spacious, bright interiors and a host of conveniences. Residents love the welcoming environment with plentiful amenities including a pool, gym, and tennis court. Located in Greenwood, enjoy easy living with your pets welcomed and management known for their prompt, professional service.
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Arlington Farms
$1,420
6580 E County Line Road, Greenwood, IN 46143
(463) 243-6668
Rent Savings
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Pet Paradise
Luxury living with top-notch amenities in Greenwood.
Arlington Farms in Greenwood offers a garden-style luxury living experience. Enjoy modern design and upscale finishes, complemented by a resort-style heated pool and state-of-the-art fitness center. Pet lovers will appreciate the on-site pet park and pet spa, making it ideal for both cats and dogs. With proximity to Indianapolis, residents enjoy easy access to shopping, dining, and entertainment.
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Luxury apartments
Top units for an elevated lifestyle.
2945 Grand Ridge Drive 5 Bed
5 Beds • 3 Baths • 2288 sqft
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1750 Buckeye Ct 6 Bed
6 Beds • 3 Baths • 2924 sqft
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PRICE REDUCED: Now showing this 5BR, 3BA home located at 891 Norfolk Ln., Greenwood, IN 5 Beds, 3 Baths, $2295
5 Beds • 3 Baths • 2460 sqft
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315 Dietz Drive 4 Bed
4 Beds • 3 Baths • 3040 sqft
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1184 Lakeshore Drive 4 Bed
4 Beds • 3 Baths • 2362 sqft
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Mission Hills Apartments
$999
1014 Mission Hills Drive, Greenwood, IN 46143
(251) 292-1450
21 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Convenient Living
Greenwood gem with numerous amenities and pet-friendly spaces.
Mission Hills Apartments in Greenwood, IN, offers a tranquil living experience just minutes from Indianapolis. With diverse amenities such as a pool, gym, and a pet-friendly environment, including spaces for both dogs and cats, this community caters to various lifestyles. Conveniently located near shops, restaurants, and parks, residents enjoy easy access to local conveniences.
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601 Wooddale Terrace
$1,174
601 Wooddale Terrace, Greenwood, IN 46142
(804) 538-4199
2 units available
2 bed
Amenities
Patio / balcony
Convenient Location
Spacious townhomes near shopping and schools
601 Wooddale Terrace offers spacious 2-bedroom townhomes with ample storage and private parking. Situated conveniently near US-31 in Greenwood, IN, this community provides easy access to shopping, schools, and employment opportunities. Dog owners will delight in the dog-friendly sidewalks throughout the neighborhood, creating the perfect setting for morning walks.
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Park Madison
$1,275
614 Park Madison Dr, Greenwood, IN 46142
(888) 660-6959
Rent Savings
7 units available
2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Garden Oasis
Top-viewed Greenwood apartments in a park-like setting.
Located in Greenwood, Park Madison offers garden-style apartments with spacious layouts and sunlit rooms. Experience easy access to downtown Indianapolis and extensive shopping, dining, and entertainment options. Enjoy the well-maintained, park-like setting and pet-friendly amenities, including both dogs and cats.
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Copper Chase at Stones Crossing
Ask for price
2345 Thorium Drive, Greenwood, IN 46143
(317) 672-0779
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Walk in closets + more
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Devonshire Apartments
$1,272
1100 Devonshire East Dr, Greenwood, IN 46143
(463) 282-7220
Rent Savings
20 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Recently renovated + more
Pet Paradise
Spacious apartments in top school district
Devonshire Apartments offers a serene and spacious living environment in Greenwood, Indiana. Conveniently located near major highways, residents enjoy an easy commute to Downtown Indianapolis. The community is highly praised for its well-kept grounds and prompt service, providing an excellent living experience for all. Plus, cats and dogs are welcome here, enhancing the appeal for pet owners.
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5.0
The Madison at Greenwood
$1,249
523 South Madison Avenue, Greenwood, IN 46142
(317) 707-9943
Rent Savings
Top rated for Location
“Parking is a MAJOR problem. Fortunate for me I have parking garage under my bldg w assigned parking space. But when guests of mine come they often have to park over 2-3 blocks. The Field-house should not be able to park up against buildings. The should park in public parking lots. Noise from older cars on Madison disturbs the community. Side note I did not expect to have to leave my building to get my mail and packages.”
37 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Enjoy Prime Downtown Greenwood Living
The Madison at Greenwood offers a luxurious lifestyle with its modern architecture and high-quality design. Located in downtown Greenwood, residents enjoy easy access to dining, shopping, and entertainment. With top-notch amenities like a resort-style pool and a 24-hour gym, it's an ideal place for relaxation and recreation. Cats and dogs are welcomed, with dedicated facilities for their care.
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City Guide

The average rent for a 1 bedroom apartment in Greenwood is $1,223+, while the average rent for a 2 bedroom apartment is $1,444+. Rent rates updated 5 days ago

Studio: $1,310+Trending down
1 Bed: $1,223+Trending down
2 Beds: $1,444+Trending down
3+ Beds: $1,624+Trending down

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

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Bedrooms

1 Bedroom Apartments in Greenwood (21)

Price

Amenities

Property Type

Greenwood Short-term Apartments (11)

Find an apartment for rent in Greenwood, IN

Searching for an apartment for rent in Greenwood, IN? Look no further! Apartment List will help you find a perfect apartment near you. There are 54 available rental units listed on Apartment List in Greenwood. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The average rent in Greenwood is $1,310 for a studio, $1,223 for a one-bedroom apartment, and $1,444 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Greenwood apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust Apartment List to help you find your next Greenwood, IN apartment rental! After all, everyone deserves a home they love.

Frequently Asked Questions (FAQs)

Greenwood, Indiana, is one of the fastest-growing cities in the United States. Since 2000, when the population was at a respectable 36,000 residents, there has been a population boom that spurred the community to a whopping 50,000.

Greenwood, Indiana, is one of those towns where the government officials saw the writing on the wall and decided to do something positive for the community. While many areas around it were hit hard by the economic downturn, Greenwood redoubled its efforts to attract and keep businesses that provided good-paying jobs for its citizens. As a result, this is a thriving city that is one of the fastest growing in the nation. It helps, a lot, that it is located so close to Indianapolis. With this prime location, the residents of Greenwood can take advantage of all that Indy, as it is called by Hoosiers, has to offer while retreating back to the lovely community of Greenwood when the party is over.

Moving to Greenwood

Moving here is about as easy as it gets. Try to avoid moving in winter because it does get cold and snowy. It's not generally a problem, but considering Murphy's Law, moving day will turn into a blizzard.

As for getting your papers in order, that's not a problem here. People are pretty laid back when it comes to renting, but you can expect a credit check. If your credit is less than outstanding and you want to move to a high-demand area, you might want to include a few references from your previous landlord as well as proof of income. Pets are the norm here, but you should include a reference for them as well. It can help you avoid a pet deposit and/or a monthly pet fee. Plan to pay a good-sized security deposit at most apartment complexes.

If you are from virtually anyplace in the United States, you will be amazed by how inexpensive it is to live in the Midwest. The cost of living here is not bad compared to the nation as a whole, and it's downright cheap compared to most cities of this size.

Neighborhoods

With the exception of Indianapolis, you will not find neighborhood designations in Indiana that mean anything more than a designation of where you go to vote or what school you attend. Carving towns and cities up like a Thanksgiving turkey seems to run contrary to the Hoosier spirit. Still, people of like minds do tend to live close to each other for various reasons, and as such, some neighborhoods feel different from others.

Waterloo:This is a prime location with lots of doctors, lawyers, and retirees. It also, thanks to the average rents, has almost no vacancies. That's a bummer because the average commute time here is roughly about 30 minutes. $$$$$

Frances: This is an affluent area that is absolutely stuffed with government workers, most at the city level. Those who don't work for the government are primarily mid- to upper-level executives and other professionals. There are few vacancies here, so you can't negotiate rates. The apartment homes are very nice, mostly 2 to 3 bedrooms apartments that are moderately sized. Just be ready to rent one as soon as it becomes available. $$$$

Smith Valley: This area is the home of the executive set! This is where you will find the upper-level managers, the CEOs and the local wheelers and dealers. There's an average number of vacancies here but not so many that you have negotiating power. The schools are good, the people are friendly and this is a nice place to settle. The area also boasts great commute times, which average around 20 minutes or so. $$$$

McCarty: This area is a bit longer on the commute time, but it's not horrible at around 30 minutes one way. Expect to find middle managers, teachers and some IT professionals inhabiting this area. It's quiet here, and the schools are good, so people put up with the commute. $$$

Critchfield:This neighborhood is pretty much middle everything, except commute times. It's full of middle-level managers, middle-aged people and middle-range rents for apartment rentals that are about middle range on size. The commutes, however, are beyond outstanding; the average person has only a 15-minute or less commute to work. If you are living in one of the larger urban areas, you are swooning right now. Admit it! $$$

Spring Hill: This is a great place to start off your new life in Greenwood. Most people here have a fairly short commute at around 20 minutes one way. There are also a lot of vacancies here, so you can negotiate a better rate. Roughly a 5th of the places are empty, so you have a big bargaining chip. The neighbors are great here as well. This is a prime location for college graduates to live in while they work their way up the corporate ladder, start a family and pay off their student loans. $$

Imperial Hills and Rocklane: This is a strange little part of the community. You have a lot of teachers, cops and work-from-home IT people. It's a rather strange mix, but the cops keep the place safe, the teachers educate the kids and the IT guys keep everyone connected! It's about average on vacancies, so no negotiating here. The rents are reasonable though, so it shouldn't be a problem. $$

Sheek:This is where you go to find young families just starting out and retirees who are waiting for the grandchildren to come visit. There aren't many rental vacancies here, but the few that exist are nicely done and reasonably priced. $$

City Center:This is the historic part of town. It's been well maintained and there's a fair number of vacancies. These are primarily older homes and mansions that were converted into apartment rentals. They are generally spacious, remodeled within the past few years and fairly inexpensive, even by Greenwood standards. The best part is that the average commute time is under 15 minutes. Sweet! $

Living in Greenwood

If you're relocating from another part of Indiana, you already understand Hoosiers. For those relocating from out of state, or heaven forbid, from one of the coasts, you need to understand a few things about living in Indiana. This is the heart of the Midwest, and the people here take a largely no-nonsense approach to most of life. That is not to say that they aren't happy, friendly people who know how to have a good time; nothing could be further from the truth! But in Indiana, you are going to find that people work hard. They play hard too, but there is no overlap between work and play. This work ethic permeates throughout Indiana and especially Greenwood.

Life here is very good and generally very simple. The norm here is to go to work Monday through Friday, mow the grass and wash the car on Saturday, and attend church on Sunday. There's lunch with the family after church and then a nap. That's how Ma and Pa did it and their ma and pa before them. Think Little House on the Prairie meets _Leave it to Beaver, _without all the drama or corsets.

Frivolity is tightly regulated and controlled by means of local community events. Do not be surprised to see churches on every corner and as part of the daily life; that is an Indiana trait. The big festivals all have religious input, and there is no more obvious example than the yearly Freedom Festival held over the 4th of July weekend. The only thing that Hoosiers take more seriously than their jobs is their patriotism. This festival is chock full of bands, flags and speeches. Of course, there's also a street fair, carnival, truck pull and fireworks.

The best local mall is the Greenwood Park Mall. Many people drive into Indy to attend concerts, and all of the big names have appeared there. Local dining is very good, with several local places rivaling the big chains. Stone Creek on North State Road is great, and its steaks receive rave reviews from locals and visitors alike. Be sure to try the garlic potatoes and the Durango Beef Medallions as well. For a touch of whimsey as well as some great food, pay a visit to Roscoe's Tacos on Madison. Its tacos are considered tops in the area.

Apartments for Rent in Greenwood, IN

Stonehedge Apartments

Verge Luxury Flats

Village Crossing

BayShore Apartments

The Fairways at Valle Vista Apartment Homes

Court at Sandstone

Summit Pointe

Westminster Apartments & Townhomes

Bexley Village Apartments

Arlington Farms

Mission Hills Apartments

601 Wooddale Terrace

Park Madison

Copper Chase at Stones Crossing

Devonshire Apartments

The Madison at Greenwood

Average rent in Greenwood, Indiana

More Rental Options

Find an apartment for rent in Greenwood, IN

Frequently Asked Questions (FAQs)

Greenwood, IN Rental Market Trends

Greenwood Rent Report: February 2026

Greenwood Rent Report: February 2026

Living in Greenwood, IN

Greenwood Apartment Renter's Guide

Greenwood Apartment Renter's Guide