Average Rent in Greenwood, IN
6 apartment buildings, 50 units. Real asking prices, refreshed daily.
Avg Rent
$1,556/mo
market average
Cheapest
$1,002/mo
Bradford Lake
Properties
6
tracked daily
Units
50
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 6 properties in Greenwood, IN.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Greenwood, IN Rent Prices
All 6 properties ranked by lowest available rent.
Bradford Lake
7626 Portage Ave, Indianapolis
Sundance Apartments
7213 Sundance Dr, Indianapolis
Latitudes Apartments
8940 Latitudes Dr, Indianapolis
Flats at Stones Crossing
1490 St Clare Wy, Greenwood
Redwood Indianapolis
7925 Carlington Rd Apt B, Indianapolis
Redwood Greenwood
5934 Redwood Wy, Greenwood
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Bradford Lake 7626 Portage Ave, Indianapolis | $1,002 | $1,191 | $1.11 | 4.3 (190) | 4 |
| 2 | Sundance Apartments 7213 Sundance Dr, Indianapolis | $1,188 | $1,407 | $1.48 | 4.1 (620) | 8 |
| 3 | Latitudes Apartments 8940 Latitudes Dr, Indianapolis | $1,205 | $1,445 | $1.37 | 4.3 (730) | 12 |
| 4 | Flats at Stones Crossing 1490 St Clare Wy, Greenwood | $1,340 | $1,688 | $1.64 | 4 (111) | 23 |
| 5 | Redwood Indianapolis 7925 Carlington Rd Apt B, Indianapolis | $1,849 | $1,849 | -- | 4.8 (261) | 1 |
| 6 | Redwood Greenwood 5934 Redwood Wy, Greenwood | $1,910 | $1,910 | -- | 4.7 (93) | 1 |
Explore Each Property
Bradford Lake
4.3 (190)7626 Portage Ave, Indianapolis
Sundance Apartments
4.1 (620)7213 Sundance Dr, Indianapolis
Latitudes Apartments
4.3 (730)8940 Latitudes Dr, Indianapolis
Flats at Stones Crossing
4 (111)1490 St Clare Wy, Greenwood
Redwood Indianapolis
4.8 (261)7925 Carlington Rd Apt B, Indianapolis
Redwood Greenwood
4.7 (93)5934 Redwood Wy, Greenwood
Greenwood, IN Average Rent Prices 2026
The average rent in Greenwood, IN is $1,556 per month, based on 50 units across 6 apartment communities. Prices range from $1,002 at Bradford Lake to $1,910 at Redwood Greenwood.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,348/mo | $1,002/mo | 14 |
| 2 Bed | $1,622/mo | $1,129/mo | 32 |
| 3 Bed | $1,748/mo | $1,378/mo | 4 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
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
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,556/mo.
Comfortable income
$75,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,002/mo), you need to earn at least $40,000/year.
Cost of living in Greenwood, IN
We only have live rent data for Greenwood, IN so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,556 |
| Estimated total | $1,556/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.
Compare
Nearby cities in Indiana
How Greenwood, IN rent compares to other markets in the state.
| City | Avg Rent | vs Greenwood, IN | Properties |
|---|---|---|---|
| Fishers, IN | $1,910 | +23% | 9 |
| Carmel, IN | $1,714 | +10% | 9 |
| Bloomington, IN | $1,827 | +17% | 8 |
| Indianapolis, IN | $2,116 | +36% | 7 |
| Fort Wayne, IN | $1,192 | -23% | 7 |
| South Bend, IN | $1,493 | -4% | 6 |
Frequently asked questions
What is the average rent in Greenwood, IN?
The average rent in Greenwood, IN is $1,556 per month, based on 50 units across 6 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Greenwood, IN?
The lowest available rent in Greenwood, IN starts at $1,002 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Greenwood, IN?
1-bedroom apartments in Greenwood, IN average $1,348/mo. The lowest listed 1-bedroom starts at $1,002/mo across 14 units tracked.
How much is a 2-bedroom apartment in Greenwood, IN?
2-bedroom apartments in Greenwood, IN average $1,622/mo. Units start from $1,129/mo across 32 units currently listed.
Rent Trends in Greenwood, IN
Track how apartment prices are changing over time.
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