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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 (26 Rentals)
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from $765Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
807 Riverside Dr
GreenwoodIN46142
811 Riverside Dr
GreenwoodIN46142
303 N Madison Ave
GreenwoodIN46142
8149 Trevellian Way
IndianapolisIN46217
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
3321 Eastwind Ct
IndianapolisIN46227
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8231 Bold Forbes Ct
8231 Bold Forbes CtIndianapolis, IN 46217
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from $805Studio to 2 Bedroom Apartments Available Now
Encore Apartments
8035 Preidt PlIndianapolis, IN 46237
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from $834Studio to 2 Bedroom Apartments Available Now
Sherbrook
8026 McFarland CtIndianapolis, IN 46227
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from $8401 to 2 Bedroom Apartments Available Now
Meridian Court
7266 Lockwood LnIndianapolis, IN 46217
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from $8751 to 4 Bedroom Apartments Available Now
Berkley Commons
8201 Madison AveIndianapolis, IN 46227
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from $8991 to 3 Bedroom Apartments Available Jul 15
Greentree Apartments
2524 Tamarack LnIndianapolis, IN 46227
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-26, 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 | $1,179 | $750 | $1,769 |
| Cheap Greenwood 1 Bedroom Apartments | $1,243 | $650 | $2,024 |
| Cheap Greenwood 2 Bedroom Apartments | $1,559 | $898 | $3,590 |
| Cheap Greenwood 3 Bedroom Apartments | $1,888 | $1,130 | $2,857 |
| Cheap Greenwood 4 Bedroom Apartments | $1,700 | $1,675 | $1,725 |
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: 07/02/2025Current 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 | $1,798 | $650 | 587 |
Cheapest Available Greenwood Apartments for Rent
The cheapest available apartment rental in Greenwood, IN is a 1 Bed unit found at Windsor Court in the Winchester Village neighborhood priced from $728. Waterbury Apartments in the Tracy Commons neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Court | Standard One Bedroom (SN1) | 1BR,1BA | $728 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Polo Run Apartments | The Shetland Studio | Studio,1BA | $765 |
| South & Madison | E2 | Studio,1BA | $840 |
| Berkley Commons | One Bedroom One Bath | 1BR,1BA | $875 |
| Meridian Court | Hideaway 1 | 1BR,1BA | $900 |
| The Sycamores | A1 The Sycamores 1/1 | 1BR,1BA | $950 |
| Keeneland Crest Apartments | Classic | 1BR,1BA | $974 |
| The Sterling | The Lexington | 1BR,1BA | $975 |
| Yorktowne Farms Community | 1 Bed 1 Bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in Greenwood, IN
As of July 02, 2025 the best value apartment in the Greenwood area is the $1.09 price per square foot Rosewood Model at Auburn Place Apartments in the in the Winchester Village neighborhood starting from $1,586. The second greatest value Greenwood apartment is the Palladium Model at Copper Chase at Stones Crossing starting at $1,413 with a $1.02 price per square foot in the Barton Lakes 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 | $1.09 |
| Copper Chase at Stones Crossing | Palladium | 2BR,2BA | $1.02 |
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.24 |
| Greenwood Oaks | 2 Bed/2.5 Bath Town Home | 2BR,2.5BA | $1.16 |
| Stonehedge Apartments | The Luna | 2BR,1BA | $1.28 |
| Fountain Lake Villas | The Herrington | 2BR,1BA | $1.27 |
| Oak Park | Forest | 1BR,1BA | $1.17 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| SOUTHPORT AT BUCK CREEK | 2 Bedroom | 2BR,1BA | $1.32 |
| The Sterling | The Lexington | 1BR,1BA | $1.32 |
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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
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®
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 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 $728 at Windsor Court.
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 $1,015 at Berkley Commons.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Berkley Commons and starts from $1,130.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.