Last updated on October 29, 2026

Average rent in
Greenwood, IN

Key takeaways for renters

  • The bottom line

    Greenwood, IN rent slipped 3.1% year over year, with a current median of $1,648/month. Renters today are paying $52 less per month on average than last year, while month-to-month rent is essentially flat.

  • Greenwood sits 13.3% more affordable than the $1,900/month national median, offering a moderately priced market with 61 total rentals available.

  • Rent ranges by bedroom

    Studios in Greenwood rent for $800/month, 1-bedrooms for $1,070/month, and 2-bedrooms for $1,308/month, while 3-bedrooms reach $1,715/month and 4+ bedrooms top out at $2,147/month.

Median rent

Median rent in Greenwood

$1,648/mo

decreased by3%

vs previous year

The average rent in Greenwood is $1,648 per month as of October 2026. This is 13% below the national average rent, or $252 less per month.

$1.10

average price per square foot

Total rentals

Available rentals in Greenwood

61

for rent on Zumper.com as of October 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 decreased by 3% 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 $1,264, whereas a house costs $1,825. 1-bedroom apartments in Greenwood run $1,104 on average, while 2-bedroom apartments are $1,292.

Listings

Studio

$800

No Change

26%

1 bedroom

$1,070

1%

16%

2 bedroom

$1,307

No Change

9%

3 bedroom

$1,715

1%

1%

4 bedroom

$2,147

2%

4%

Studio

Average rent

$800

Last year

26%

1 bedroom

Average rent

$1,070

Last 30 days

1%

Last year

16%

2 bedroom

Average rent

$1,307

Last 30 days

No Change

Last year

9%

3 bedroom

Average rent

$1,715

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$2,147

Last 30 days

2%

Last year

4%

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$1,648
decreased by13%

lower than the national median

Median rent price$1,995
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Greenwood, IN is 17% lower than the median rent in Avon, IN.

Discover rentals in Greenwood, IN

2525 Summerwood Ln - Photo 1 of 1

2d ago

House for rent in Greenwood

3 beds

2.5 baths

$1,050

Price dropped $850Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
601 Wooddale Terrace - Photo 1 of 1

13h ago

8.4

Very good

601 Wooddale Terrace

601 Wood Dale Ter, Greenwood, IN 46142

2 beds

1 bath

$1,099

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
514 W Broadway St - Photo 1 of 1

5d+ ago

House for rent in Greenwood

3 beds

1 bath

$1,525

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
902 Ashmore Trace 902 Wallington Circle - Photo 1 of 1

5d+ ago

Apartment for rent in Greenwood

3 beds

1.5 baths

$1,529

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $1,648 per month as of October 24, 2026.

Is rent up or down in Greenwood?

Average rent prices in Greenwood have remained the same over the last month and have decreased by 3% since last year.

How does Greenwood rent compare to the national average?

Rent in Greenwood is 13% below the national average, which means renters are paying approximately $252 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 $66,000/year, based on spending no more than 30% of your income on rent.

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

December offers the best rental rates in Greenwood, with prices running about 6% lower than the summer peak in June.

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