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152 Apartments for rent in Greenwood, IN

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 boo... Read Guide >
Featured
Ashmore Trace Apartments of Greenwood
902 Wallington Cir
Greenwood, IN
Updated January 16 at 06:16am
1 Bedroom
$804
2 Bedrooms
$955
3 Bedrooms
Ask
Utilities included in rent. Apartments and townhouses available. All units include lots of closet space and in-unit laundry hookups. Residents have access to clubhouse, gym and pool. Adjacent to Woodman Park and near schools.
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Featured
Mission Hills Apartments
1014 Mission Hills Dr
Greenwood, IN
Updated January 16 at 05:17am
1 Bedroom
$884
2 Bedrooms
$719
3 Bedrooms
Ask
Property includes deluxe features like gym, pool, tanning beds and fishing ponds. On-, two- and three-bedroom units available. Property is conveniently located close to I-65 and within walking distance of retail stores and restaurants.
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Featured
Westminster Apartments & Townhomes
921 Parliament Pl
Greenwood, IN
Updated January 16 at 06:38am
1 Bedroom
$725
2 Bedrooms
$820
3 Bedrooms
$985
Pool, gym, tanning beds and tech center are all on site. One-, two- and three-bedroom apartments are carpeted with walk-in closets. Close to I-65 and I-465 and minutes from shopping and dining.
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Featured
Summit Pointe
2400 E Main St
Greenwood, IN
Updated January 16 at 05:17am
1 Bedroom
$930
2 Bedrooms
$1,015
3 Bedrooms
$1,340
Community has classic brick architecture, manicured grounds, and laundry facilities. Units include oversized windows, vast living areas, and designer finishes. Located close to grocery stores and shopping options.
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Devonshire
1100 Devonshire E Dr
Greenwood, IN
Updated January 16 at 04:24am
1 Bedroom
$790
2 Bedrooms
$830
3 Bedrooms
$1,020
Featured
Emerald Lakes
1180 Emerald Lakes Dr
Greenwood, IN
Updated January 16 at 04:23am
1 Bedroom
$870
2 Bedrooms
$1,030
Nestled in 27 acres near I-65 and 20 minutes from Downtown Indianapolis. Amenities include a fitness center, cyber cafe, playground, and pool. Apartments feature wood-burning fireplaces and new appliances.
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Featured
Honey Creek Apartments
1786 Honey Ln
Greenwood, IN
Updated January 16 at 01:53am
2 Bedrooms
$736
3 Bedrooms
$813
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Auburn Place
745 Wooddale Terrace
Greenwood, IN
Updated January 16 at 06:09am
1 Bedroom
$709
2 Bedrooms
$752
3 Bedrooms
$1,195
Ideally located within minutes of I-69 as well as the Greenwood Park Mall and Greendale Center. Residents have access to top features like a clubhouse, pool and gym. One- and two bedroom units available.
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Featured
Clearview Apartments
715 Clearview D
Greenwood, IN
Updated January 16 at 04:23am
Studio
$504
1 Bedroom
$644
2 Bedrooms
Ask
742 Pine Lake Drive
742 Pine Lake Drive
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,250
693 Cembra Drive
693 Cembra
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,175
639 Shady Creek Court
639 Shady Creek
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,365
2455 Summerwood Lane
2455 Summerwood Lane
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,245
2717 Grand Fir Drive
2717 Grand Fir Dr
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,200
1441 Dowell Street
1441 Dowell Street
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,315
1929 Fountain Circle
1929 Fountain Circle
Greenwood, IN
Updated January 16 at 06:48am
4 Bedrooms
$1,495
1469 Osprey Way
1469 Osprey Way
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,325
990 Bull Run West Drive
990 Bull Run West Drive
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,245
301 Sunbeam Lane
301 Sunbeam Lane
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,195
1660 Blue Lake Drive
1660 Blue Lake Drive
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,145
1321 Freemont Lane
1321 Freemont Lane
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,200
736 Pine Lake Drive
736 Pine Lake Drive
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,195
348 Winterset Way
348 Winterset Way
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,245
670 Cross Wind Drive
670 Cross Wind Drive
Greenwood, IN
Updated January 16 at 06:48am
3 Bedrooms
$1,195
City GuideGreenwood
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.

January 2019 Greenwood Rent Report

Welcome to the January 2019 Greenwood Rent Report. Greenwood rents remained steady over the past month. In this report, we'll evaluate trends in the Greenwood rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

January 2019 Greenwood Rent Report

Welcome to the January 2019 Greenwood Rent Report. Greenwood rents remained steady over the past month. In this report, we'll evaluate trends in the Greenwood rental market, including comparisons to cities throughout the state and nation.

Greenwood rents increased over the past month

Greenwood rents have increased 0.1% over the past month, and have increased marginally by 0.9% in comparison to the same time last year. Currently, median rents in Greenwood stand at $730 for a one-bedroom apartment and $900 for a two-bedroom. Greenwood's year-over-year rent growth leads the state average of 0.7%, but is in line with the national average of 0.9%.

    Rents rising across cities in Indiana

    Throughout the past year, rent increases have been occurring not just in the city of Greenwood, but across the entire state. Of the largest 10 cities that we have data for in Indiana, 8 of them have seen prices rise. The state as a whole logged rent growth of 0.7% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Fishers is the most expensive of all Indiana's major cities, with a median two-bedroom rent of $1,200; of the 10 largest cities in Indiana that we have data for, Kokomo and Evansville, where two-bedrooms go for $780 and $860, are the only two major cities in the state to see rents fall year-over-year (-1.0% and -0.6%).
    • Noblesville, Fort Wayne, and Fishers have all experienced year-over-year growth above the state average (7.7%, 1.2%, and 1.0%, respectively).

    Greenwood rents more affordable than many large cities nationwide

    As rents have increased marginally in Greenwood, a few large cities nationwide have also seen rents grow modestly. Greenwood is still more affordable than most large cities across the country.

    • Greenwood's median two-bedroom rent of $900 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year, which matches the increase in Greenwood.
    • While Greenwood's rents rose marginally over the past year, many cities nationwide also saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
    • Renters will find more reasonable prices in Greenwood than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is nearly three-and-a-half times the price in Greenwood.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Indianapolis
    $690
    $860
    0.1%
    1%
    Carmel
    $960
    $1,190
    -0.9%
    0.8%
    Fishers
    $970
    $1,200
    0.2%
    1%
    Noblesville
    $840
    $1,030
    0.3%
    7.7%
    Greenwood
    $730
    $900
    0.1%
    0.9%
    Plainfield
    $770
    $960
    0.9%
    0.5%
    Greenfield
    $720
    $890
    -1.4%
    1.8%
    Zionsville
    $1,250
    $1,550
    0.8%
    6.3%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.