3321 Eastwind Ct
IndianapolisIN46227
Cheap Homes for Rent in Greenwood, IN from $300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.
8149 Trevellian Way
IndianapolisIN46217
303 N Madison Ave
GreenwoodIN46142
316 Elmead Ct, Unit 316 Elmead ct. 1005
316 Elmead Ct
GreenwoodIN46142
3741 Lima Ct
IndianapolisIN46227
92 Greenwood Trail N Dr
GreenwoodIN46142
426 Christy Drive
GreenwoodIN46143
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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$1,349Studio Apartments Available Now
Furnished Studio-Indianapolis - Greenwood
1009 Greenwood Springs DrGreenwood, IN 46143
845 Middle Dr
New WhitelandIN46184
47 Meadow Ct W
WhitelandIN46184
744 Adagio Dr
GreenwoodIN46143
808 W Smith Valley Rd
GreenwoodIN46142
1804 Feather Reed Ln
GreenwoodIN46143
1108 N Morgantown Rd
GreenwoodIN46142
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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Greenwood, IN Local Guide
How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $1,418 | $1,250 | $1,770 |
| Greenwood 3 Bedroom Homes for Rent | $1,963 | $1,450 | $4,500 |
| Greenwood 4 Bedroom Homes for Rent | $2,347 | $1,775 | $4,950 |
| Greenwood 5 Bedroom Homes for Rent | $2,496 | $2,250 | $2,755 |
| Greenwood 6 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Greenwood, IN Local Guide
- Greenwood Neighborhoods
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Cheapest Neighborhoods for Apartments in Greenwood, IN
Pricing Updated: 08/19/2026Current apartment rentals in the Greenwood, IN area range in price from $775 to $4,047 with an overall median price of $1,390. 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 | $1,390 | $775 | 673 |
Cheapest Available Greenwood Apartments for Rent
The cheapest available apartment rental in Greenwood, IN is a 1 Bed unit found at Berkley Commons in the Winchester Village neighborhood priced from $749. 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 |
|---|---|---|---|
| Berkley Commons | One Bedroom One Bath | 1BR,1BA | $749 |
| Waterbury Apartments | Studio | Studio,1BA | $775 |
| Sherbrook | Studio | Studio,1BA | $799 |
| South & Madison | E2 | Studio,1BA | $809 |
| Clearview | The Bristol | Studio,1BA | $815 |
Best Value Apartments for Rent in Greenwood, IN
As of August 19, 2026 the best value apartment in the Greenwood area is the $1.27 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,699. The second greatest value Greenwood apartment is the 2x2 R Model at Park Madison Apartments starting at $1,250 with a $1.09 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. |
|---|---|---|---|
| Mansfield Village Townhomes | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.27 |
| Park Madison Apartments | 2x2 R | 2BR,2BA | $1.09 |
| Meridian Oaks | The Beech | 2BR,2BA | $1.25 |
| Auburn Place | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.18 |
| Oak Park | B2 Timber Upgrade | 2BR,1BA | $1.21 |
| Windsor Court | Two Bedroom Two Bathroom (C3M) | 2BR,2BA | $1.15 |
| The Sterling | The Lexington | 1BR,1BA | $1.22 |
| St. Andrews | 1Bd/1Ba Superior Tub | 1BR,1BA | $1.35 |
| SOUTHPORT AT BUCK CREEK | 1 Bedroom | 1BR,1BA | $1.22 |
| Berkley Commons | One Bedroom One Bath | 1BR,1BA | $1.20 |
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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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
Read ArticleReal 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, INPopulation: 58,778
Ranked #645
in US Census Population by City
Best Local Schools in Greenwood, IN
Center Grove Middle School North
Center Grove Com Sch Corp
Public School - Grades 6-8 (1080)
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
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 124 Apartments for Rent in Greenwood, IN with pricing that ranges from $775 to $4,047. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $300 to $4,950.
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 $300 to $4,950 with an average monthly rent of $2,039.
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 $1,399 to $4,047, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $1,699.
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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