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$750 - $1,015Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
Cheap Apartments for Rent in Greenwood, IN from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.
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$8152 Bedroom Apartments Contact Us For Availability
Library Park Apartments
1613 Library BlvdGreenwood, IN 46143
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$837 - $2,258Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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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807 Riverside Dr
GreenwoodIN46142
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
811 Riverside Dr
GreenwoodIN46142
303 N Madison Ave
GreenwoodIN46142
3321 Eastwind Ct
IndianapolisIN46227
8149 Trevellian Way
IndianapolisIN46217
8109 Johnstown Ct
IndianapolisIN46217
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$805 - $1,235Studio to 2 Bedroom Apartments Available Now
Encore Apartments
8035 Preidt PlIndianapolis, IN 46237
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$840 - $1,4651 to 2 Bedroom Apartments Available Now
Meridian Court South
7266 Lockwood LnIndianapolis, IN 46217
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$899 - $1,0991 to 3 Bedroom Apartments Available Now
Greentree Apartments
2524 Tamarack LnIndianapolis, IN 46227
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.
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Showing Results 1-25, 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 | $1,208 | $750 | $1,391 |
| Cheap Greenwood 1 Bedroom Apartments | $1,262 | $600 | $1,944 |
| Cheap Greenwood 2 Bedroom Apartments | $1,537 | $815 | $2,970 |
| Cheap Greenwood 3 Bedroom Apartments | $1,871 | $1,228 | $2,947 |
| Cheap Greenwood 4 Bedroom Apartments | $1,710 | $1,695 | $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: 08/04/2025Current 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 | $1,899 | $600 | 503 |
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 $736. 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 (SN3) | 1BR,1BA | $736 |
| Waterbury Apartments | Studio | Studio,1BA | $750 |
| Polo Run Apartments | The Morgan 1 BR 1 BA | 1BR,1BA | $839 |
| South & Madison | A1 | 1BR,1BA | $842 |
| Fountain Lake Villas | The Monroe | Studio,1BA | $925 |
Best Value Apartments for Rent in Greenwood, IN
As of August 04, 2025 the best value apartment in the Greenwood area is the $1.11 price per square foot Palladium Model at Copper Chase at Stones Crossing in the in the Barton Lakes neighborhood starting from $1,544. The second greatest value Greenwood apartment is the The Grand With Sun Room 2 BR 2 BA Model at Sundance Apartments starting at $1,647 with a $1.36 price per square foot in the Winchester Village 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. |
|---|---|---|---|
| Copper Chase at Stones Crossing | Palladium | 2BR,2BA | $1.11 |
| Sundance Apartments | The Grand With Sun Room 2 BR 2 BA | 2BR,2BA | $1.36 |
| Stonehedge Apartments | The Luna | 2BR,1BA | $1.28 |
| Oak Park | Timber | 2BR,1BA | $1.14 |
| Keeneland Crest Apartments | Camden | 2BR,1BA | $1.34 |
| The Sycamores | B2 The Spruce 2/2 | 2BR,2BA | $1.38 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Pinebrook & Library Park Apartments | Two Bed, Two Bath (C) | 2BR,2BA | $1.26 |
| The Sterling | The Lexington | 1BR,1BA | $1.32 |
| South & Madison | A1 | 1BR,1BA | $1.20 |
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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
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 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 $842 at South & Madison.
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 $958 at Polo Run Apartments.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.