Last updated on September 13, 2026

Average rent in
Greenwood, IN

Key takeaways for renters

  • Where Greenwood rent stands today

    Greenwood, IN rent is essentially flat year over year, with a current median of $1,695/month. Renters are paying about the same as last year, with no month-over-month change observed recently.

  • Greenwood is 10.8% more affordable than the $1,900/month national median, with 76 total rentals primarily composed of houses and apartments.

  • Price ranges

    Studios rent for about $800/month, 1-bedrooms around $1,122/month, and 2-bedrooms at $1,400/month, while 3-bedrooms and 4+ bedrooms rise to $1,780/month and $2,292/month respectively in Greenwood, IN. The 3-bedroom segment represents the largest share of rentals at 46.6%.

  • Neighborhood spotlight

    The condo segment in Greenwood, IN saw a year-over-year rent increase of 24.9%, outpacing the broadly flat citywide trend. This gain contrasts with the overall market where rents have remained essentially unchanged.

Median rent

Median rent in Greenwood

$1,695/mo

Flat

vs previous year

The average rent in Greenwood is $1,695 per month as of September 2026. This is 11% below the national average rent, or $205 less per month.

$1.11

average price per square foot

Total rentals

Available rentals in Greenwood

76

for rent on Zumper.com as of September 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 remained the same 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 $1,288, whereas a house costs $1,895. 1-bedroom apartments in Greenwood run $1,160 on average, while 2-bedroom apartments are $1,300.

Listings

Studio

$800

4%

8%

1 bedroom

$1,121

No Change

16%

2 bedroom

$1,399

1%

7%

3 bedroom

$1,780

1%

1%

4 bedroom

$2,292

No Change

6%

Studio

Average rent

$800

Last 30 days

4%

Last year

8%

1 bedroom

Average rent

$1,121

Last 30 days

No Change

Last year

16%

2 bedroom

Average rent

$1,399

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$1,780

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$2,292

Last 30 days

No Change

Last year

6%

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$1,695
decreased by11%

lower than the national median

Median rent price$2,075
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

1218 Freemont Ln - Photo 1 of 1

5d+ ago

House for rent in Greenwood

Freemont 1

1218 Freemont Ln, Greenwood, IN 46143

1 bed

1 bath

$550

Cedarbrook - Photo 1 of 1

3d ago

8.3

Very good

Cedarbrook

505 W Smith Valley Rd, Greenwood, IN 46142

2 beds

1 bath

$1,075

601 Wooddale Terrace - Photo 1 of 1

2d ago

8.4

Very good

601 Wooddale Terrace

601 Wood Dale Ter, Greenwood, IN 46142

2 beds

1 bath

$1,149

514 W Broadway St - Photo 1 of 1

5d+ ago

House for rent in Greenwood

3 beds

1 bath

$1,525

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 $1,695 per month as of September 12, 2026.

Is rent up or down in Greenwood?

Average rent prices in Greenwood have remained the same over the last month and have remained the same 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 $205 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 $68,000/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