Zumper
modified
12 Hours Ago

Highlights

  • Off-street parking
  • Convenient location
  • Open concept living room-kitchen layout
  • On-site coin-operated laundry facility

Location

600 Wood Dale Ter, Greenwood, IN 46142, USA
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Contact

Management

Compass Property Management LLC

Leasing office

(844) 966-7368

Property Overview

Greenwood Terrace offers strong overall value with an 8.4/10 expert rating, including perfect pricing marks and high scores for amenities, location, and trustworthiness. Residents benefit from a convenient setting near a highly rated high school and grocery options, plus off-street parking, an open concept living room-kitchen layout, and an on-site coin-operated laundry facility.

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.

Zumper Expert Rating

8.4
Very Good
With 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.

Things you’ll love

  • Less expensive
  • High school nearby

Great for

  • Pet owners

Floor plans

2 Bed 1 Bath - Greenwood2 bed1 bath750 sqft$999 /mo1 unit availableEnjoy comfort and convenience in this well-maintained 2-bedroom, 1-bath apartment, ideally located just moments from US-31 and close to local shopping, dining, quality schools, and more. This home features a bright, open concept living room and kitchen area, ample storage space, and is part of a quiet, secure building that residents love to call home. Additional community amenities include off-street parking, secure building entry, and an on-site laundry facility for your convenience. Key Features: 2 bedrooms, 1 bathroom Open living room–kitchen layout Clean and secure building with coded entry On-site coin-operated laundry facility Off-street parking Convenient location near US-31, shopping, and dining Rental Terms: 12-month lease Security Deposit: 1× up to 2× monthly rent (based on credit) **Resident responsible for all utilities Application Requirements: $55 non-refundable application fee per occupant 18+ Credit and background checks required School Zone: Southwest Elementary | Greenwood Middle School | Greenwood Community High School Pet Policy: $250 Nonrefundable deposit / $30 monthly pet rent Cats and small dogs allowed (breed restrictions apply)

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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

Units10
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About Greenwood Terrace

HomeApartments in Greenwood Greenwood Terrace

Enjoy comfort and convenience in this well-maintained 2-bedroom, 1-bath apartment, ideally located just moments from US-31 and close to local shopping, dining, quality schools, and more. This home features a bright, open concept living room and kitchen area, ample storage space, and is part of a quiet, secure building that residents love to call home. Additional community amenities include off-street parking, secure building entry, and an on-site laundry facility for your convenience. Key Features: 2 bedrooms, 1 bathroom Open living room–kitchen layout Clean and secure building with coded entry On-site coin-operated laundry facility Off-street parking Convenient location near US-31, shopping, and dining Rental Terms: 12-month lease Security Deposit: 1× up to 2× monthly rent (based on credit) **Resident responsible for all utilities Application Requirements: $55 non-refundable application fee per occupant 18+ Credit and background checks required School Zone: Southwest Elementary | Greenwood Middle School | Greenwood Community High School Pet Policy: $250 Nonrefundable deposit / $30 monthly pet rent Cats and small dogs allowed (breed restrictions apply)


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 Good
With 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.
How we rated Greenwood Terrace
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:

Pet owners

  • 1 dog park within 1 mile
  • 6 pet supply stores near the property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area

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
Less expensive
The 2-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

2-bedroom apartments at Greenwood Terrace cost about 29% less than the average rent price for 2-bedroom apartments in Greenwood.

Median rents as of May 16 2026.
Greenwood
A table of 1-bedroom apartment rental data trends in Greenwood
MonthMedian Rent
June 2024$1,106
July 2024$1,144
August 2024$1,133
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$1,250

Affordability calculator

Can I afford to live at 600 Wood Dale Ter?

Bedrooms

2 bedrooms

Rent-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

$39,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this 2-bedrooms monthly rent price of $999.
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

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

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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