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Average Rent in Greenwood 46142 & Rent Trends

Rent prices and market trends across 1 apartment community in Greenwood 46142, Greenwood, IN. Updated daily.

Greenwood 4614246143
Indianapolis 46237

Market Average

$1,454/mo

Lowest Available

$1,394/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

8

available now

Greenwood 46142 vs Greenwood, IN Average

Greenwood 46142 is more expensive the Greenwood, IN average by $11/mo (1%). The citywide average is $1,443/mo across all neighborhoods.

Is Rent Going Up or Down in Greenwood 46142?

As of July 2026, the average rent in Greenwood 46142 is $1,454 per month across 1 apartment community and 8 available units.

The most affordable option is The Madison at Greenwood starting at $1,394/mo. By unit type, a 1-bedroom averages $1,454/mo.

Prices range from $1,394 to $1,569 per month. The most common price point is the $1,400 range, where 6 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Greenwood 46142

1 Bed
$1,454
from $1,394 · 8 units

Rent Prices by Apartment in Greenwood 46142

Property Starting at Average Units Rating
The Madison at Greenwood $1,394/mo $1,454/mo 8 4.4

Frequently Asked Questions About Rent in Greenwood 46142

What is the average rent in Greenwood 46142?

The average rent in Greenwood 46142 is $1,454 per month as of July 2026, based on 8 units across 1 apartment communities.

Is rent going up or down in Greenwood 46142?

The current average rent in Greenwood 46142 is $1,454/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Greenwood 46142?

The most affordable apartment in Greenwood 46142 is The Madison at Greenwood with units starting at $1,394/mo.

How much is a 1-bedroom apartment in Greenwood 46142?

A 1-bedroom apartment in Greenwood 46142 averages $1,454/mo, with prices starting at $1,394/mo across 8 available units.

How many apartments are available in Greenwood 46142?

There are 8 units available across 1 apartment communities in Greenwood 46142.

What salary do I need to live comfortably in Greenwood 46142?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$58,000/year

Based on the 30 percent rule, using our tracked average rent of $1,454/mo.

Comfortable income

$70,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,394/mo), you need to earn at least $56,000/year.

Cost of living in Greenwood 46142

We only have live rent data for Greenwood 46142 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,454
Estimated total $1,454/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

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

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

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 are refreshed annually.

Explore Greenwood 46142 Apartments

Browse all 1 communities with daily-updated pricing and availability.

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