Average Rent in Greenwood, IN
What is the average rent in Greenwood, IN?
The average listed apartment rent in Greenwood, IN is $1,341 per month, as of November 8, 2026. This sample includes 303 priced apartments in 29 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 1, 2026 through November 8, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
29 apartment buildings, 303 units. Recorded asking prices and price history where available.
Browse apartments in Greenwood, INCheapest
$855/mo
Clearview
Properties
29
tracked daily
Units
303
available now
Greenwood, IN Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 29 properties in Greenwood, IN.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Greenwood, IN Rent Prices
All 29 properties ranked by lowest available rent.
Main Street Commons Apartments
635 E Main St Apt 310, Greenwood, IN 46143, USA
Clearview
715 Clearview Dr, Greenwood, IN 46143, USA
Polo Run Apartments
800 Kings Mill Rd, Greenwood, IN 46142, USA
Southport at Buck Creek
1451 E Southport Rd, Indianapolis, IN 46227, USA
Fountain Lake Villas
8960 S Keystone Ave, Indianapolis, IN 46227, USA
Auburn Place
745 Wooddale Terrace, Greenwood, IN 46142, USA
Westminster Apartments
921 Parliament Pl, Greenwood, IN 46142, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Main Street Commons Apartments 635 E Main St Apt 310, Greenwood, IN 46143, USA | $522 as of Oct 10 | $700 | -- | 3.9 (14) | 2 |
| 2 | Clearview 715 Clearview Dr, Greenwood, IN 46143, USA | $855 | $958 | $2.22/ft² | 3.5 (55) | 10 |
| 3 | Polo Run Apartments 800 Kings Mill Rd, Greenwood, IN 46142, USA | $862 | $1,021 | $1.72/ft² | 4 (934) | 20 |
| 4 | Southport at Buck Creek 1451 E Southport Rd, Indianapolis, IN 46227, USA | $920 | $1,382 | $0.93/ft² | 3.9 (441) | 23 |
| 5 | Fountain Lake Villas 8960 S Keystone Ave, Indianapolis, IN 46227, USA | $925 as of Oct 9 | $1,213 | -- | 3.8 (193) | 6 |
| 6 | Auburn Place 745 Wooddale Terrace, Greenwood, IN 46142, USA | $971 | $1,166 | $1.28/ft² | 3 (129) | 9 |
| 7 | Westminster Apartments 921 Parliament Pl, Greenwood, IN 46142, USA | $999 | $1,262 | $1.40/ft² | 3.7 (362) | 28 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Main Street Commons Apartments
3.9 (14)635 E Main St Apt 310, Greenwood, IN 46143, USA
Clearview
3.5 (55)715 Clearview Dr, Greenwood, IN 46143, USA
Polo Run Apartments
4 (934)800 Kings Mill Rd, Greenwood, IN 46142, USA
Southport at Buck Creek
3.9 (441)1451 E Southport Rd, Indianapolis, IN 46227, USA
Fountain Lake Villas
3.8 (193)8960 S Keystone Ave, Indianapolis, IN 46227, USA
Auburn Place
3 (129)745 Wooddale Terrace, Greenwood, IN 46142, USA
By Area
Greenwood, IN neighborhoods
Tracked buildings across 4 named neighborhoods. Pick one to see its apartments.
Greenwood, IN Average Rent Prices 2026
The average listed rent in Greenwood, IN is $1,341 per month, based on 303 units across 29 apartment communities. Prices range from $855 at Clearview to $1,952 at Summit Pointe.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $856/mo | $855/mo | 6 |
| 1 Bed | $1,175/mo | $907/mo | 81 |
| 2 Bed | $1,385/mo | $1,046/mo | 162 |
| 3 Bed | $1,578/mo | $1,150/mo | 43 |
| 4 Bed | $1,596/mo | $1,400/mo | 2 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Greenwood, IN, and what they pay
Tracked one-bedroom rent in Greenwood, IN averages $1,175/mo , with two-bedroom units averaging $1,385/mo. At the local median household income of $78,765, that works out to 20% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Greenwood, IN at $1,252/mo. The current tracked market average runs 7% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Greenwood, IN while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Greenwood, IN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$54,000/year
Based on the 30 percent rule, using our tracked average rent of $1,341/mo.
Comfortable income
$64,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($855/mo), you need to earn at least $34,000/year.
Median household income in Greenwood, IN is $78,765 , about 22% above the comfortable-living threshold.
Cost of living in Greenwood, IN
Overall prices in Greenwood, IN runs below the national average by about 5% (BEA Regional Price Parity index 94.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Greenwood, IN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,341 |
| Utilities | $374 |
| Groceries | $512 |
| Transportation | $892 |
| Healthcare | $435 |
| Other goods and services | $696 |
| Estimated total | $4,250/mo |
Population
64,237
Median household income
$78,765
Census median rent
$1,252/mo
Census rent burden
26.3%
Median age
36.4
Mean commute
25 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Indiana
How Greenwood, IN rent compares to other markets in the state.
| City | Avg Rent | vs Greenwood, IN | 30-Day Change | Properties |
|---|---|---|---|---|
| Fishers, IN | $2,014 | +50% | +1.8% | 14 |
| Westfield, IN | $1,872 | +40% | +7.2% | 13 |
| Terre Haute, IN | $1,352 | +1% | -2.1% | 12 |
| Indianapolis, IN | $1,775 | +32% | +6.5% | 11 |
| Kokomo, IN | $1,116 | -17% | -2.2% | 11 |
| Carmel, IN | $1,587 | +18% | -2.4% | 10 |
Frequently asked questions
What is the average rent in Greenwood, IN?
The average listed apartment rent in Greenwood, IN is $1,341 per month, as of November 8, 2026. This sample includes 303 priced apartments in 29 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Greenwood, IN?
The median asking rent in Greenwood, IN is $1,334 per month, computed from 303 priced listings; check the observation dates shown on this page. The average is $1,341/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Greenwood, IN?
The lowest available rent in Greenwood, IN starts at $855 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Greenwood, IN?
1-bedroom apartments in Greenwood, IN average $1,175/mo. The lowest listed 1-bedroom starts at $907/mo across 81 units tracked.
How much is a 2-bedroom apartment in Greenwood, IN?
2-bedroom apartments in Greenwood, IN average $1,385/mo. Units start from $1,046/mo across 162 units currently listed.
Rent Trends in Greenwood, IN
Track how apartment prices are changing over time.
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