133 Luxury Apartments for rent in Greenwood, IN

Last updated July 16 at 6:57pm UTC
791 Heartland Drive
Greenwood
Greenwood, IN
Updated July 16 at 2:40pm UTC
3 Bedrooms
$1,450
413 Pleasantview Boulevard
Greenwood
Greenwood, IN
Updated July 16 at 2:40pm UTC
3 Bedrooms
$1,225
710 Executive Park Drive
Greenwood
Greenwood, IN
Updated July 16 at 2:38pm UTC
Studio
$1,642
165 South Madison Avenue
Greenwood
Greenwood, IN
Updated July 16 at 2:38pm UTC
Studio
$2,000
2650 Fairview Place
Greenwood
Greenwood, IN
Updated July 16 at 2:38pm UTC
Studio
$1,770
2801 Fairview Place
Greenwood
Greenwood, IN
Updated July 16 at 2:38pm UTC
Studio
$1,500
916 East Main Street
Greenwood
Greenwood, IN
Updated July 16 at 2:38pm UTC
Studio
$1,800
121 Winterwood Drive
Greenwood
Greenwood, IN
Updated July 16 at 11:38am UTC
3 Bedrooms
$1,250
633 Locust Grove Lane
Greenwood
Greenwood, IN
Updated July 16 at 11:38am UTC
3 Bedrooms
$1,125
1329 Odell Lane
Greenwood
Greenwood, IN
Updated July 16 at 11:38am UTC
3 Bedrooms
$1,125
258 Clayton Lane
Greenwood
Greenwood, IN
Updated July 16 at 11:38am UTC
3 Bedrooms
$1,125
1185 Freemont Lane
Greenwood
Greenwood, IN
Updated July 16 at 11:38am UTC
3 Bedrooms
$1,145
1737 Feather Reed Ln
Greenwood
Greenwood, IN
Updated July 14 at 9:38am UTC
3 Bedrooms
$1,095
781 WHEATGRASS DR
Greenwood
Greenwood, IN
Updated July 12 at 9:34am UTC
3 Bedrooms
$1,125
1457 Green Spring Way
Greenwood
Greenwood, IN
Updated July 12 at 2:59am UTC
3 Bedrooms
$1,395
210 Frostwood Ln
Greenwood
Greenwood, IN
Updated July 16 at 5:20pm UTC
3 Bedrooms
$1,050
2927 Hearthside Dr
Greenwood
Greenwood, IN
Updated July 16 at 5:20pm UTC
4 Bedrooms
$1,575
1193 Freemont Lane
Greenwood
Greenwood, IN
Updated July 16 at 11:40am UTC
3 Bedrooms
$1,145

July 2018 Greenwood Rent Report

Welcome to the July 2018 Greenwood Rent Report. Greenwood rents declined 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 Greenwood Rent Report
Rent Report
Greenwood

July 2018 Greenwood Rent Report

Welcome to the July 2018 Greenwood Rent Report. Greenwood rents declined 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 declined slightly over the past month

Greenwood rents have declined 0.2% over the past month, but are up slightly by 1.2% in comparison to the same time last year. Currently, median rents in Greenwood stand at $720 for a one-bedroom apartment and $890 for a two-bedroom. Greenwood's year-over-year rent growth is level with the state average of 1.2%, but lags the national average of 1.4%.

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, all of them have seen prices rise. The state as a whole logged rent growth of 1.2% 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 Indiana cities that we have data for, all have seen rents rise year-over-year, with South Bend experiencing the fastest growth (+9.6%).
  • Noblesville, Indianapolis, and Bloomington have all experienced year-over-year growth above the state average (5.6%, 1.8%, and 1.4%, respectively).

Greenwood rents more affordable than many large cities nationwide

As rents have increased slightly in Greenwood, large cities nationwide have seen rents grow more quickly. Greenwood is still more affordable than most large cities across the country.

  • Greenwood's median two-bedroom rent of $890 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.2% rise in Greenwood.
  • While Greenwood's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.0%) and Minneapolis (-0.1%).
  • Renters will find more reasonable prices in Greenwood than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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 0.3% 1.8%
Carmel $960 $1,190 -0.6% 0.3%
Fishers $970 $1,200 0.5% 0.1%
Noblesville $820 $1,020 1.2% 5.6%
Greenwood $720 $890 -0.2% 1.2%
Plainfield $780 $970 -0.1% 4.4%
Zionsville $1,260 $1,560 1.9% 3.6%

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.