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from $750Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
Cheap Apartments for Rent in Greenwood, IN from $300 (22 Rentals)
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Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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from $849Studio to 2 Bedroom Apartments Available Now
Sherbrook
8026 McFarland CtIndianapolis, IN 46227
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from $8871 to 3 Bedroom Apartments Available Now
SOUTHPORT AT BUCK CREEK
1451 E Southport RdIndianapolis, IN 46227
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Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
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Showing Results 1-22, Page 1 of 1
Greenwood, IN Local Guide
Main Street in downtown Greenwood by Wiki User: Nyttend is licensed under Internal
How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Greenwood Studio Apartments | $1,236 | $750 | $2,150 |
| Cheap Greenwood 1 Bedroom Apartments | $1,267 | $846 | $1,893 |
| Cheap Greenwood 2 Bedroom Apartments | $1,527 | $909 | $2,795 |
| Cheap Greenwood 3 Bedroom Apartments | $1,892 | $1,325 | $2,997 |
| Cheap Greenwood 4 Bedroom Apartments | $1,710 | $1,710 | $1,710 |
Browse Top Apartments in Greenwood
See all Apartments in GreenwoodExplore Greenwood
Greenwood, IN Local Guide
- Greenwood Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Greenwood, IN
Pricing Updated: 03/26/2025Current apartment rentals in the Greenwood, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Greenwood Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Southside Indianapolis | $2,547 | $850 | 829 |
Cheapest Available Greenwood Apartments for Rent
The cheapest available apartment rental in Greenwood, IN is a 1 Bed unit found at 3321 Eastwind Ct in the Buffalo Creek neighborhood priced from $325. 8149 Trevellian Way in the Buffalo Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $395. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3321 Eastwind Ct | 3321 Eastwind Ct | 1BR,1BA | $325 |
| 8149 Trevellian Way | 8149 Trevellian Way | 1BR,1BA | $395 |
| 8109 Johnstown Ct | 8109 Johnstown Ct | 1BR,1BA | $425 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| South & Madison | E2 | Studio,1BA | $840 |
Best Value Apartments for Rent in Greenwood, IN
As of March 26, 2025 the best value apartment in the Greenwood area is the $0.74 price per square foot 7924 Valley Trace Ln Model at 7924 Valley Trace Ln in the in the Edgewood Avenue neighborhood starting from $2,125. The second greatest value Greenwood apartment is the 6327 Lonestar Dr Model at 6327 Lonestar Dr starting at $2,545 with a $1.02 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7924 Valley Trace Ln | 7924 Valley Trace Ln | 4BR,2.5BA | $0.74 |
| 6327 Lonestar Dr | 6327 Lonestar Dr | 4BR,2.5BA | $1.02 |
| 748 Wheatgrass Dr | 748 Wheatgrass Dr | 3BR,2.5BA | $0.97 |
| 6722 Smithfield Blvd | 6722 Smithfield Blvd | 4BR,2.5BA | $1.05 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.14 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.13 |
| Auburn Place Apartments | Merlot | 2BR,1.5BA | $1.19 |
| Oak Park | Forest | 1BR,1BA | $1.12 |
| Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.18 |
| Windsor Court | Two Bedroom One Bathroom (CN1) | 2BR,1BA | $1.06 |
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Pet Friendly LifestyleGreenwood, IN
Ranked #7
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Greenwood, IN
Clark Pleasant Middle School
Clark-Pleasant Com School Corp
Public School - Grades 6-8 (1553)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenwood, IN Rentals by Map
See the most popular apartments and homes in Greenwood, IN
Greenwood, IN Apartments MapGreenwood, IN Rental Homes MapGetting Around Greenwood, IN
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Greenwood Apartments
What is the Cheapest Studio apartment in Greenwood?
Currently the most affordable Cheap Studio Apartment in Greenwood is at Waterbury Apartments listed at $750.
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $325 at 3321 Eastwind Ct.
What is the lowest price for a Cheap Two Bedroom Greenwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greenwood is starting from $1,025 at The Sterling.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at South & Madison and starts from $1,263.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.