8109 Johnstown Ct
IndianapolisIN46217
Cheap Homes for Rent in Greenwood, IN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.
8149 Trevellian Way
IndianapolisIN46217
3321 Eastwind Ct
IndianapolisIN46227
640 Wooddale Terrace
GreenwoodIN46142
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.
742 Loews Blvd
GreenwoodIN46142
628 Wooddale Terrace
GreenwoodIN46142
634 Wooddale Terrace
GreenwoodIN46142
99 1/2 E Pearl St
GreenwoodIN46143
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!
499 E Main St
GreenwoodIN46143
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Greenwood, IN Local Guide
Main Street in downtown Greenwood by Wiki User: Nyttend is licensed under Internal
How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $1,299 | $903 | $1,700 |
| Greenwood 3 Bedroom Homes for Rent | $1,893 | $1,400 | $2,799 |
| Greenwood 4 Bedroom Homes for Rent | $2,217 | $1,750 | $3,000 |
| Greenwood 5 Bedroom Homes for Rent | $2,472 | $2,450 | $2,495 |
Browse Top Homes for Rent in Greenwood
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Greenwood, IN Local Guide
- Greenwood Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Greenwood, IN
Pricing Updated: 04/23/2025Current 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 | $2,624 | $350 | 530 |
Cheapest Available Greenwood Apartments for Rent
The cheapest available apartment rental in Greenwood, IN is a Studio unit found at Waterbury Apartments in the Tracy Commons neighborhood priced from $750. Windsor Court in the Winchester Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Windsor Court | Standard One Bedroom (SN4) | 1BR,1BA | $784 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $790 |
Best Value Apartments for Rent in Greenwood, IN
As of April 23, 2025 the best value apartment in the Greenwood area is the $1.11 price per square foot Rosewood Model at Auburn Place Apartments in the in the Tracy Commons neighborhood starting from $1,617. The second greatest value Greenwood apartment is the 2 Bedroom Townhome Model at SOUTHPORT AT BUCK CREEK starting at $1,299 with a $0.93 price per square foot in the Thompson-Edgewood 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. |
|---|---|---|---|
| Auburn Place Apartments | Rosewood | 3BR,1.5BA | $1.11 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom Townhome | 2BR,1.5BA | $0.93 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.14 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.07 |
| Oak Park | Timber | 2BR,1BA | $1.11 |
| Berkley Commons | Two Bedroom 1.5 Bath TH | 2BR,1.5BA | $1.27 |
| Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.16 |
| Summit Pointe | The Tanzania | 1BR,1BA | $1.29 |
| The Sterling | The Remington | 2BR,1BA | $1.22 |
| South & Madison | A1 | 1BR,1BA | $1.27 |
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Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 117 Apartments for Rent in Greenwood, IN with pricing that ranges from $350 to $3,006. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $817 to $3,000.
What is the current price range for Rental Homes in Greenwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $817 to $3,000 with an average monthly rent of $1,742.
How much are larger Three and Four Bedroom Rentals in Greenwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenwood range from $1,330 to $3,006, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,799. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,710.
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.
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.