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Apartments for Rent in Greenwood IN

1,538 Rentals Available

Explore Rent Prices Near Greenwood, IN

Greenwood, IN’s average rent price is $1,201 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.

Average Rent
Southport $320
Bargersville $1,559
Beech Grove $900
Franklin $1,090
Indianapolis $1,287

Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.

Greenwood, IN Apartments for Rent

Located 11 miles south of downtown Indianapolis in Johnson County, Greenwood combines residential comfort with easy access to metropolitan amenities. The city maintains 17 parks across 400 acres, including Freedom Park and City Center Park, featuring splash pads, playgrounds, and more than 20 miles of trails. Housing options include both contemporary apartment communities and properties in historic buildings. Current average rents start at $951 for studios and reach $1,718 for three-bedroom homes, with a 2-4% year-over-year increase across most unit sizes.

Greenwood's Old Town district preserves local history, while the Greenwood Park Mall area serves as the city's primary retail destination. Notable areas include the Center Grove neighborhood and the developing Worthsville Road corridor near the Interstate 65 interchange. Major employers in the area include Endress+Hauser and Amazon. The city, established in 1823, was initially called "Smocktown" after the Smock brothers who built the first cabin where Greenwood Park Mall now stands. The name changed to Greenwood in 1833. Current rental data shows one-bedroom apartments averaging $1,157.

Learn more about living in Greenwood, IN

Greenwood, IN Rental Insights

The average rent in Greenwood, IN is $1,159 per month. By comparison, renters across the U.S. pay an average of $1,632, which means housing in Greenwood, IN is slightly less expensive than much of the country.

Find affordable apartments for rent in Greenwood, IN by browsing listings in budget-friendly neighborhoods such as The Reserve at Timbers Edge, Imperial Hills South, and Lakeview. Use filters by price, number of bedrooms, and amenities to narrow your search.

You can find flexible rentals in Greenwood, IN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.

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