How much is the average rent in Greenwood, IN for 1-bedroom and 2-bedroom apartments?

One-bedroom apartments in Greenwood average around $1,200 per month in 2025, while two-bedroom units rent for around $1,400 monthly. These figures represent the current market rates across the city's rental inventory.

When is the best time to look for an apartment in Greenwood, IN?

December offers the most affordable rental prices in Greenwood, with rents approximately 6% lower than during peak season. June has the highest rent throughout the year, making winter months the optimal time for budget-conscious apartment hunting.

Are there pet-friendly apartments in Greenwood, IN?

Greenwood offers excellent options for pet owners, with 73% of rental listings welcoming pets. The city's rental market is particularly accommodating to residents with furry companions, making it relatively easy to find pet-friendly housing across different apartment types.

Are utilities usually included in rent in Greenwood, IN?

Utilities are rarely included in Greenwood rental properties, appearing in less than 1% of all listings. This pattern holds consistent across apartment sizes, with minimal utility-inclusive options available for studios, one-bedroom, two-bedroom, and three-bedroom units.

Are most apartments in Greenwood, IN largely older buildings or new developments?

Greenwood's rental market is dominated by ranch-style homes, which comprise 60% of available properties. These single-story homes feature the classic post-World War II design with open floor plans, large windows, and horizontal lines that emphasize practical, comfortable living.

Cheap Apartments for Rent in Greenwood, IN

25 rentals available

2d ago

9.5

Excellent

Verified

South and Madison

1834 Madison Village Dr, Indianapolis, IN 46227

Affordable

Studio–3 beds

0–2 baths

$809–$1,578

Price drop

Apartment for rent

Available Jan 25

Call

6933 Buckridge West Drive - Photo 1 of 1

5d+ ago

9.1

Excellent

6933 Buckridge West Drive

6933 Buckridge West Dr, Indianapolis, IN 46227

Affordable | Dishwasher | Microwave

1–2 beds

1 bath

$900–$1,100

Apartment for rent

Overlook at Valley Ridge Apartments - Photo 1 of 1

17h ago

9.9

Excellent

Verified

Overlook at Valley Ridge Apartments

6810 Valley Ridge Dr, Indianapolis, IN 46237

Affordable | In-unit laundry | Garage parking

1–3 beds

1–2 baths

$1,081–$5,730

Apartment for rent

Top amenities

Business Center

Carpet

Garage Parking

In-Unit Laundry

On-Site Laundry

Storage

Call

Rent special

1d ago

Excellent

Verified

The Jacob

2110 E Southport Rd, Southport, IN 46227

Affordable | In-unit laundry

Studio–2 beds

1–2 baths

$1,399–$1,899

Price drop

Apartment for rent

Top amenities

In-Unit Laundry

Call

5d+ ago

Cheap townhouse for rent in Greenwood

TOWNHOME - Other - Greenwood, IN

637 Joy Dr, Greenwood, IN 46142

Affordable | Garage parking | Dishwasher

3 beds

1.5 baths

$1,550

House for rent

902 Ashmore Trace 902 Wallington Circle - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Greenwood

Affordable | Fitness center | Residents lounge

3 beds

1.5 baths

$1,673

Apartment for rent

Nearby rental good for eco-living

$1,935

Greenwood

Nearby rental good for pet owners

$999

600 Wood Dale Ter

3d ago

Cheap house for rent in Greenwood

1542 Creekside Ln, Greenwood, IN 46142

Affordable | In-unit laundry | Dishwasher

3 beds

2 baths

$1,699

House for rent

Top amenities

Concierge Service

Dishwasher

In-Unit Laundry

On-Site Management

5d+ ago

Cheap house for rent in Greenwood

1335 Millridge Dr, Greenwood, IN 46143

Affordable | Walk-in closets | High ceilings

3 beds

2 baths

$1,715

House for rent

Available Jun 16

Top amenities

High Ceilings

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3d ago

Verified

10610 Crackling Dr, Indianapolis, IN 46259

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$1,820

$1,725

Price drop

House for rent

Available May 21

Top amenities

On-Site Laundry

5d+ ago

Cheap house for rent in Greenwood

Private home in a quiet Greenwood neighborhood

585 Meadowview Ln, Greenwood, IN 46142

Affordable | On-site laundry | Garage parking

3 beds

1.5 baths

$1,750

House for rent

Available Jun 26

Top amenities

Carpet

Fireplace

Garage Parking

Microwave

On-Site Laundry

Find sweet deals near Greenwood

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$999

Greenwood

$1,395

Greenwood

$1,550

Greenwood

$1,865

Greenwood

5d+ ago

Verified

1418 Green Spring Way, Greenwood, IN 46143

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$1,860

House for rent

Available Jul 28

Top amenities

Garage Parking

On-Site Laundry

5d+ ago

Verified

3210 Montgomery Dr, Indianapolis, IN 46227

Affordable

3 beds

2.5 baths

$1,995

$1,870

Price drop

House for rent

Available Jun 22

2h ago

Verified

1396 Pencross Ln, Greenwood, IN 46143

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$1,995

$1,870

Price drop

House for rent

Available May 26

Top amenities

Ceiling Fan

Fireplace

Garage Parking

On-Site Laundry

5d+ ago

Cheap house for rent in Greenwood

1422 Dowell St, Greenwood, IN 46143

Affordable | Garage parking | Storage

4 beds

2.5 baths

$1,900

House for rent

Available Feb 27

Top amenities

Fireplace

Package Service

5d+ ago

Verified

476 Spring Dr, Greenwood, IN 46143

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$2,035

$1,935

Price drop

House for rent

Available Aug 5

Top amenities

Hardwood Floor

High Ceilings

On-Site Laundry

5d+ ago

Verified

672 Cloverfield Ln, Greenwood, IN 46143

Affordable | On-site laundry | Garage parking

4 beds

2.5 baths

$1,955

House for rent

Available Aug 11

Top amenities

Ceiling Fan

Garage Parking

On-Site Laundry

5d+ ago

Verified

103 Snowflake Cir, Greenwood, IN 46143

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$1,965

House for rent

Available Aug 12

Top amenities

Ceiling Fan

On-Site Laundry

5d+ ago

Verified

1228 N Aberdeen Dr, Franklin, IN 46131

Affordable

4 beds

2.5 baths

$1,970

House for rent

Available Aug 17

2d ago

Verified

7315 Chimney Rock Ct, Indianapolis, IN 46217

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$1,970

House for rent

Available Jun 26

Top amenities

Garage Parking

On-Site Laundry

5d+ ago

Verified

7352 Southern Lakes Dr, Indianapolis, IN 46237

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$2,120

$1,995

Price drop

House for rent

Available Jul 17

Top amenities

Ceiling Fan

Garage Parking

On-Site Laundry

5d+ ago

Cheap house for rent in Greenwood

1723 Elijah Blue Dr, Greenwood, IN 46143

Affordable | In-unit laundry | Garage parking

4 beds

2.5 baths

$2,100

House for rent

Top amenities

Garage Parking

In-Unit Laundry

On-Site Laundry

5d+ ago

Verified

333 Sunburst Ln, Greenwood, IN 46143

Affordable | On-site laundry | Garage parking

3 beds

2.5 baths

$3,030

$2,245

Price drop

House for rent

Available Jun 29

Top amenities

On-Site Laundry

5d+ ago

Cheap apartment for rent in Greenwood

2679 Spurlock Ln, Greenwood, IN 46143

Affordable | In-unit laundry | Dishwasher

5 beds

3 baths

$2,400

Apartment for rent

Top amenities

Dishwasher

In-Unit Laundry

5d+ ago

Verified

1531 Creekside Ln, Greenwood, IN 46142

Affordable | On-site laundry | Garage parking

5 beds

2 baths

$2,605

$2,470

Price drop

House for rent

Available Jul 6

Top amenities

Garage Parking

High Ceilings

On-Site Laundry

5d+ ago

Cheap house for rent in Greenwood

1321 Horse Shoe Bnd, Greenwood, IN 46143

Affordable

5 beds

3 baths

$2,600

House for rent

Showing 1 - 25 of 25 results

Home > Apartments in Greenwood > Greenwood Cheap Apartments For Rent

Updated: June 22, 2026

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🔑Available apartment rentals	25
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