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$750 - $2,785Studio to 2 Bedroom Apartments Available Now
Clearview
715 Clearview DrGreenwood, IN 46143
Cheap Apartments for Rent in Greenwood, IN from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.
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$775 - $1,015Studio to 2 Bedroom Apartments Available Now
Waterbury Apartments
421 Waterbury StGreenwood, IN 46142
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$786 - $2,167Studio to 3 Bedroom Apartments Available Now
Polo Run Apartments
800 Kings Mill RdGreenwood, IN 46142
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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8149 Trevellian Way
IndianapolisIN46217
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.
3321 Eastwind Ct
IndianapolisIN46227
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$805 - $1,235Studio to 2 Bedroom Apartments Available Now
Encore Apartments
8035 Preidt PlIndianapolis, IN 46237
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$839 - $1,119Studio to 2 Bedroom Apartments Available Now
Sherbrook
8026 McFarland CtIndianapolis, IN 46227
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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.
Showing Results 1-18, 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 | $1,078 | $750 | $1,381 |
| Cheap Greenwood 1 Bedroom Apartments | $1,196 | $841 | $2,710 |
| Cheap Greenwood 2 Bedroom Apartments | $1,470 | $920 | $2,785 |
| Cheap Greenwood 3 Bedroom Apartments | $1,667 | $1,130 | $2,628 |
| Cheap Greenwood 4 Bedroom Apartments | $1,725 | $1,725 | $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: 11/03/2025Current 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 | $665 | 585 |
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 $775. 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 | $775 |
| Sherbrook | Studio | Studio,1BA | $839 |
| South & Madison | E2 | Studio,1BA | $840 |
| Polo Run Apartments | The Morgan 1 BR 1 BA | 1BR,1BA | $840 |
Best Value Apartments for Rent in Greenwood, IN
As of November 03, 2025 the best value apartment in the Greenwood area is the $1.06 price per square foot Rosewood Model at Auburn Place Apartments in the in the Winchester Village neighborhood starting from $1,540. The second greatest value Greenwood apartment is the The Cottage Model at Waterford Place Apartments starting at $1,485 with a $1.24 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. |
|---|---|---|---|
| Auburn Place Apartments | Rosewood | 3BR,1.5BA | $1.06 |
| Waterford Place Apartments | The Cottage | 2BR,2BA | $1.24 |
| Park Madison Apartments | 2x2 R-Prem | 2BR,2BA | $1.26 |
| Yorktowne Farms Community | 2 Bed 2.5 Bath Townhome | 2BR,2.5BA | $1.25 |
| Devonshire Apartments | The Wellington | 2BR,2BA | $1.30 |
| Oak Park | Dale | 2BR,1BA | $1.25 |
| Encore Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.30 |
| Copper Chase at Stones Crossing | Bismuth | 1BR,1BA | $1.29 |
| Summit Pointe | The Tanzania | 1BR,1BA | $1.31 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.32 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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
Center Grove Middle School Central
Center Grove Com Sch Corp
Public School - Grades 6-8 (1213)
8 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 $775.
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 $965 at South & Madison.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.