Last updated on July 31, 2026

Average rent in
Greenwood, IN

Key takeaways for renters

  • The bottom line

    Greenwood, IN rent rose modestly year over year, with a current median of $1,712/month. Renters are paying $37 more per month than last year, with rent near the peak of $1,702/month from June 2026.

  • Greenwood is 11.3% more affordable than the $1,930/month national median. With 85 total rentals dominated by houses, it represents a mid-tier market for renters seeking value.

  • Price ranges

    Studios rent for $800/month, 1-bedrooms for $1,129/month, 2-bedrooms for $1,384/month, 3-bedrooms for $1,800/month, and 4+ bedrooms for $2,362/month in Greenwood, IN.

  • Neighborhood spotlight

    The 4+ bedroom segment climbed 11.7% year over year, contrasting with the 1-bedroom segment, which fell 8.2%. This divergence shows varied rent trends within Greenwood, IN's rental market.

Median rent

Median rent in Greenwood

$1,712/mo

increased by1%

vs previous year

The average rent in Greenwood is $1,712 per month as of July 2026. This is 11% below the national average rent, or $217 less per month.

$1.09

average price per square foot

Total rentals

Available rentals in Greenwood

85

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Greenwood rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Greenwood, IN

Average rent prices in Greenwood have remained the same over the last month and have increased by 1% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Greenwood, IN

Rent prices in Greenwood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Greenwood is $1,300, whereas a house costs $1,885. 1-bedroom apartments in Greenwood run $1,129 on average, while 2-bedroom apartments are $1,365.

Listings

Studio

$800

4%

2%

1 bedroom

$1,129

7%

4%

2 bedroom

$1,384

3%

12%

3 bedroom

$1,800

1%

No Change

4 bedroom

$2,362

2%

8%

Studio

Average rent

$800

Last 30 days

4%

Last year

2%

1 bedroom

Average rent

$1,129

Last 30 days

7%

Last year

4%

2 bedroom

Average rent

$1,384

Last 30 days

3%

Last year

12%

3 bedroom

Average rent

$1,800

Last 30 days

1%

Last year

No Change

4 bedroom

Average rent

$2,362

Last 30 days

2%

Last year

8%

The table above reflects average rent prices in Greenwood, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Greenwood, IN compare to other cities?

Compare median rent prices in Greenwood and Avon by all bedroom counts and property types.

Greenwood

Median rent price$1,712
decreased by11%

lower than the national median

Median rent price$2,097
increased by9%

higher than the national median

Takeaway

The median rent for all rentals in Greenwood, IN is 18% lower than the median rent in Avon, IN.

Discover rentals in Greenwood, IN

Cedarbrook - Photo 1 of 1

11h ago

8.3

Very good

Cedarbrook

505 W Smith Valley Rd, Greenwood, IN 46142

2 beds

1 bath

$1,025

Apartment for rent

3895 W Fairview Rd - Photo 1 of 1

5d+ ago

House for rent in Greenwood

3 beds

2 baths

$1,595

$1,495

Price drop

House for rent

637 Joy Dr - Photo 1 of 1

5d+ ago

Townhouse for rent in Greenwood

TOWNHOME - Other - Greenwood, IN

637 Joy Dr, Greenwood, IN 46142

3 beds

1.5 baths

$1,500

House for rent

1473 Frontier Dr - Photo 1 of 1

5d+ ago

Condo for rent in Greenwood

CONDOS - Other - Greenwood, IN

1473 Frontier Dr, Greenwood, IN 46143

3 beds

2.5 baths

$1,550

Condo for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Greenwood, IN

Quick answers to common questions about the Greenwood rental market.

How much is rent in Greenwood?

The average rent in Greenwood is $1,712 per month as of July 25, 2026.

Is rent up or down in Greenwood?

Average rent prices in Greenwood have remained the same over the last month and have increased by 1% since last year.

How does Greenwood rent compare to the national average?

Rent in Greenwood is 11% below the national average, which means renters are paying approximately $217 less per month.

What salary do I need to afford rent in Greenwood?

To comfortably afford rent in Greenwood, you'd need to earn approximately $69,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Greenwood?

Based on Zumper's July 2026 data, one-bedroom apartments in Greenwood average around $1,230/month and two-bedrooms approximately $1,430/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Avon