
Studio Apartments for Rent in Greenwood, IN (13 Rentals)


Furnished Studio-Indianapolis - Greenwood
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

ARLO Apartments

Oak Park

Sherbrook
Greenwood - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Greenwood, IN Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $1,145 | $750 | $1,675 |
Greenwood 1 Bedroom Apartments | $1,242 | $350 | $1,973 |
Greenwood 2 Bedroom Apartments | $1,542 | $920 | $2,787 |
Greenwood 3 Bedroom Apartments | $1,856 | $1,330 | $3,006 |
Greenwood 4 Bedroom Apartments | $2,117 | $1,710 | $2,515 |
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Greenwood, IN Local Guide
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Greenwood Studio Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: April 23, 2025There are currently 20 available Studio apartment units in Greenwood, IN neighborhoods that range in price from $750 to $1,675. Heres is today's list of the top neighborhoods in Greenwood with the most available Studio apartments:
Neighborhood | Available Units | Median Price | Min Price |
---|---|---|---|
Southside Indianapolis | 20 | $999 | $750 |
Largest Available Greenwood Studio Apartments
The largest available Studio apartment unit in Greenwood, IN is found at South & Madison in the Thompson-Edgewood neighborhood and is 681 square feet priced from $840. ARLO Apartments in the Southeast Indianapolis neighborhood has the second largest Studio, which is sized at 641 square feet and currently listed start at $1,370. Here is today’s list of the largest available Studio units in Greenwood:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
South & Madison | E2 | 681 Sq Ft | $840 |
ARLO Apartments | Finn | 641 Sq Ft | $1,370 |
The Madison at Greenwood | The McKinley | 602 Sq Ft | $1,244 |
Sherbrook | One Bed One Bath | 576 Sq Ft | $989 |
Polo Run Apartments | The Shetland Studio | 467 Sq Ft | $790 |
Cheapest Available Greenwood Studio Apartments
As of April 23, 2025 the lowest priced Studio apartment unit in Greenwood, IN is the Studio Model starting from $750 at Waterbury Apartments in the Tracy Commons neighborhood. The second most affordable Greenwood Studio is the The Shetland Studio Model at Polo Run Apartments starting at $790 in the Buffalo Creek neighborhood. The average price for all Studio apartments in Greenwood is currently $1,145. Here is today’s list of the cheapest available Studio options in Greenwood:
Apartment Listing | Model Name | Priced From |
---|---|---|
Waterbury Apartments | Studio | $750 |
Polo Run Apartments | The Shetland Studio | $790 |
South & Madison | E2 | $840 |
Sherbrook | One Bed One Bath | $989 |
The Madison at Greenwood | The McKinley | $1,244 |
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Pet Friendly LifestyleGreenwood, IN
Ranked #8
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Greenwood, IN
Getting Around Greenwood, IN
Walk Score®
41 / 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 Studio Greenwood Apartments
What is the Cheapest apartment in Greenwood with Studio?
Currently the most affordable Studio in Greenwood is at Waterbury Apartments listed at $750.
How much is the average rent for a Studio Greenwood Apartment?
The average rent for a Studio Apartment in Greenwood is $1,145.
What is the largest available Studio Greenwood Apartment for rent?
Today's apartment with the most square footage in Greenwood is a 681 square feet unit starting from $840 at South & Madison.
What is the average size for Greenwood Studio Apartments for rent?
The average size for a Studio rental in Greenwood is currently 485 sq ft.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.