Cheap Apartments for Rent in Greenwood, IN from $749 (92 Rentals)

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Search the lowest-cost Apartments available for rent right now in Greenwood.

Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Summit Pointe
Rent Specials
$1,229 - $1,790

Total Monthly Price

Base Rent$1,229 - $1,790
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Summit Pointe

2400 E Main StGreenwood, IN 46143
Corporate Housing
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property at 426 Christy Drive
$1,340

Total Monthly Price

Base Rent$1,340
Total Monthly Price$1,340
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

426 Christy Drive

GreenwoodIN46143
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Grove Crossing
$1,345 - $1,675

Total Monthly Price

Base Rent$1,345 - $1,675
Total Monthly Price$1,345 - $1,675
1 to 2 Bedroom Apartments Contact Us For Availability

Grove Crossing

1680 Grove Crossing BlvdGreenwood, IN 46143
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The Hangar on Emerson
Rent Specials
$1,370 - $3,808

Total Monthly Price

Base Rent$1,370 - $3,808
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Hangar on Emerson

1140 E Emerson Pointe DrGreenwood, IN 46143
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Main Street Commons
1 to 2 Bedroom Apartments

Main Street Commons

635 E Main StGreenwood, IN 46143
Senior Living
  • Utilities Included

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

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Beacon Pointe Apartments
1 to 4 Bedroom Apartments

Beacon Pointe Apartments

1206 Beacon Pointe DrGreenwood, IN 46143
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Blackstone
1 to 2 Bedroom Apartments

Blackstone

611 N Meridian StGreenwood, IN 46143
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Breeza 32 Apartments
1 to 2 Bedroom Apartments

Breeza 32 Apartments

622 Wooddale TerGreenwood, IN 46142
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Greenwood MHP
2 to 3 Bedroom Apartments

Greenwood MHP

7248 W Stones Crossing RdGreenwood, IN 46143
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Clearview
Studio to 2 Bedroom Apartments

Clearview

715 Clearview DrGreenwood, IN 46143
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The Gables
1 to 4 Bedroom Apartments

The Gables

826 Ryland StGreenwood, IN 46143
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Pebble Creek
2 to 4 Bedroom Apartments

Pebble Creek

225 Pebble Creek DrGreenwood, IN 46143

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Barton Farms
1 to 2 Bedroom Apartments

Barton Farms

1630 Saddle WayGreenwood, IN 46143
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Stonehedge Apartments
1 to 2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
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Meridian Oaks
1 to 3 Bedroom Apartments

Meridian Oaks

187 Love AveGreenwood, IN 46142
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Bexley Village
1 to 2 Bedroom Apartments

Bexley Village

700 Bexley PlGreenwood, IN 46143
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Emerald Lakes
1 to 2 Bedroom Apartments

Emerald Lakes

1180 Emerald Lakes DrGreenwood, IN 46143
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Honey Creek
2 to 3 Bedroom Apartments

Honey Creek

1786 Honey LnGreenwood, IN 46143
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Verge
1 to 3 Bedroom Apartments

Verge

764 Greenwood Springs DrGreenwood, IN 46143

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Greenwood, IN Local Guide

Cheapest Neighborhoods for Apartments in Greenwood, IN

Pricing Updated: 09/04/2026

Current apartment rentals in the Greenwood, IN area range in price from $683 to $5,412 with an overall median price of $1,389. Here is today’s list neighborhoods with the lowest median pricing for Greenwood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Southside Indianapolis$1,389$683663

Cheapest Available Greenwood Apartments for Rent

 

The cheapest available apartment rental in Greenwood, IN is a 1 Bed unit found at Fountain Lake Villas in the Winchester Village neighborhood priced from $715. Berkley Commons in the Winchester Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain Lake VillasThe Laurel1BR,1BA$715
Berkley CommonsOne Bedroom One Bath1BR,1BA$749
Waterbury ApartmentsStudioStudio,1BA$775
SherbrookStudioStudio,1BA$789
South & MadisonE2Studio,1BA$809
ClearviewThe BristolStudio,1BA$815
The SterlingThe Lexington1BR,1BA$900
Courts of Valle Vista1Bed/1Ba-Up (A)1BR,1BA$924
Auburn Place1 Bedroom 1 Bath1BR,1BA$942
Meridian Court SouthHideaway 1 & 21BR,1BA$980

Best Value Apartments for Rent in Greenwood, IN

As of September 05, 2026 the best value apartment in the Greenwood area is the $1.32 price per square foot 3 Bedroom 2.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $2,175. The second greatest value Greenwood apartment is the 2 Bed/2.5 Bath Town Home Model at Greenwood Oaks starting at $1,509 with a $1.17 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mansfield Village Townhomes3 Bedroom 2.5 Bath Townhome3BR,2.5BA$1.32
Greenwood Oaks2 Bed/2.5 Bath Town Home2BR,2.5BA$1.17
Park Madison ApartmentsGarden Style 2 Bedroom/2 Bath Apartments2BR,2BA$1.09
Devonshire ApartmentsThe Wellington Renovated2BR,2BA$1.30
Auburn Place2 Bedroom 1.5 Bath2BR,1.5BA$1.17
Oak ParkA1 Forest Upgrade1BR,1BA$1.19
Windsor CourtTwo Bedroom One Bathroom (CN1)2BR,1BA$1.15
SOUTHPORT AT BUCK CREEK2 Bedroom2BR,1BA$1.10
The SterlingThe Remington2BR,1BA$1.28
Fountain Lake VillasThe Laurel1BR,1BA$0.92

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.

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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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Your 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Greenwood, IN
Population: 58,778

Ranked #645

in US Census Population by City

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Best Local Schools in
Greenwood, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greenwood, IN Rentals by Map

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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 $715 at Fountain Lake Villas.

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 $800 at Fountain Lake Villas.

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 $1,149.

Expert Rental Resources

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.

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