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Apartments for Rent in Greenwood, IN

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Updated: May 18, 2026

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Local insights: What it's like to live in Greenwood, IN

Greenwood, IN offers a blend of suburban living with easy access to urban amenities. Many residents appreciate the variety of shopping and dining options, especially around the Mall at Greenwood, along with the abundance of parks and recreational spaces. Families often highlight the quality of local schools and the neighborhood feel in areas like Old Town. However, some express concerns about traffic congestion during peak hours and the ongoing development, which can create noise and disruption in certain areas. Overall, Greenwood caters well to those seeking a quieter lifestyle while still being close to Indianapolis.

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.

Methodology: How we got this data

Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.

Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.

Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.

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🔑Available apartment rentals128
Popular amenities
🧦In-unit laundry
🍽With dishwasher
🏠With photos