Updated 5+ Days Ago
Highlights
- Off-street parking
- On-site laundry facility
Location
600 Wood Dale Ter, Greenwood, IN 46142, USA
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Property Overview
Greenwood Terrace offers strong overall value, with a Zumper Expert Rating of 8.4 out of 10 and standout marks for price, location, amenities, and trustworthiness. It also stands out for off-street parking and an on-site laundry facility, while nearby grocery and school options add to its convenience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
Great for
Pet owners
Floor plans
| 1 Bed 1 Bath - Greenwood | 1 bed | 1 bath | 600 sqft | $849 /mo | 1 unit available | This spacious 1-bedroom, 1-bath apartment is located in a clean and secure building just moments from US-31, offering convenient access to local shopping, dining, quality schools, and more! Enjoy a bright open-concept living room and kitchen, ample storage space, and convenient amenities that make this home a perfect choice for comfortable, affordable living. Residents will appreciate off-street parking, secure building entry, and an on-site laundry facility for added convenience. Key Features: 1 bedroom, 1 bathroom Open living room–kitchen layout Secure building entry On-site laundry facility Off-street parking Conveniently located near US-31, shopping, dining & schools Rental Terms: 12-month lease Security Deposit: 1× up to 2× rental amount (based on credit) Resident responsible for all utilities Application & Requirements: $55 non-refundable application fee per occupant 18+ evictions, or felonies School Zone: Southwest Elementary | Greenwood Middle School | Greenwood Community High School Pet Policy: Cats and small dogs allowed (breed restrictions apply) $250 Non refundable Pet deposit / $30 pet rent per month |
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Amenities for Greenwood Terrace
Building
| Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 10 |
|---|
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About Greenwood Terrace
This spacious 1-bedroom, 1-bath apartment is located in a clean and secure building just moments from US-31, offering convenient access to local shopping, dining, quality schools, and more! Enjoy a bright open-concept living room and kitchen, ample storage space, and convenient amenities that make this home a perfect choice for comfortable, affordable living. Residents will appreciate off-street parking, secure building entry, and an on-site laundry facility for added convenience. Key Features: 1 bedroom, 1 bathroom Open living room–kitchen layout Secure building entry On-site laundry facility Off-street parking Conveniently located near US-31, shopping, dining & schools Rental Terms: 12-month lease Security Deposit: 1× up to 2× rental amount (based on credit) Resident responsible for all utilities Application & Requirements: $55 non-refundable application fee per occupant 18+ evictions, or felonies School Zone: Southwest Elementary | Greenwood Middle School | Greenwood Community High School Pet Policy: Cats and small dogs allowed (breed restrictions apply) $250 Non refundable Pet deposit / $30 pet rent per month
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, Greenwood Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Greenwood Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Greenwood Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Greenwood Terrace is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Greenwood Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Greenwood Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Greenwood Terrace is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Greenwood Terrace compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Greenwood
1-bedroom apartments at Greenwood Terrace cost about 30% less than the average rent price for 1-bedroom apartments in Greenwood.
Median rents as of Aug 15 2026.
Greenwood
| Month | Median Rent |
|---|---|
| August 2024 | $1,134 |
| September 2024 | $1,138 |
| October 2024 | $1,177 |
| November 2024 | $1,203 |
| December 2024 | $1,147 |
| January 2025 | $1,186 |
| February 2025 | $1,145 |
| March 2025 | $1,149 |
| April 2025 | $1,158 |
| May 2025 | $1,211 |
| June 2025 | $1,221 |
| July 2025 | $1,241 |
| August 2025 | $1,151 |
| September 2025 | $1,234 |
| October 2025 | $1,261 |
| November 2025 | $1,273 |
| December 2025 | $1,226 |
| January 2026 | $1,139 |
| February 2026 | $1,166 |
| March 2026 | $1,242 |
| April 2026 | $1,225 |
| May 2026 | $1,257 |
| June 2026 | $1,240 |
| July 2026 | $1,152 |
| August 2026 | $1,189 |
Affordability calculator
Can I afford to live at 600 Wood Dale Ter?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$33,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,960 annually to afford this 1-bedroom monthly rent price of $849.
For more information on rent affordability, visit our rent calculator.
Schools near Greenwood Terrace
Southwest Elementary School
619 w smith valley
greenwood, IN, 46142
K-5Public
B+
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Walnut Grove Elementary School
4079 north morgantown rd
bargersville, IN, 46106
K-5Public
A
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Internet available near Greenwood Terrace
Neighborhood
Getting around Greenwood near 600 Wood Dale Ter
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 600 Wood Dale Ter, Greenwood
Groceries
2/10
No grocery stores within walking distance
Shopping
7/10
Variety of shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
5/10
Limited amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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