What's the average rent in Greenwood, IN?

Rental Market Trends in Greenwood, IN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Greenwood, IN is $1,822 per month, which is 7% lower than the national average rent of $1,965 per month.

AVERAGE RENT

$1,822

-1.2%-$23 decrease month-over-month

2.7%$47 increase year-over-year

AVAILABLE RENTALS

189

APARTMENTS

$1,323

HOUSES

$1,970

TOWNHOUSES

$1,800

As of August 2026, apartments are the most affordable rental option in Greenwood, IN at $1,323 per month, while houses are the most expensive at $1,970 per month. Townhomes average $1,800 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,188
2 Bedrooms	$1,399
3 Bedrooms	$1,800
4 Bedrooms	$2,200
All	$1,822

As of August 2026, the average rent for a 1 bedroom rental in Greenwood, IN is $1,188 per month, followed by $1,399 for a 2 bedroom rental, $1,800 for a 3 bedroom rental, and $2,200 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,300
3 Bedrooms	$1,800
4 Bedrooms	$2,200
All	$1,800

As of August 2026, the average rent for a 2 bedroom townhome in Greenwood, IN is $1,300 per month, followed by $1,800 for a 3 bedroom townhome, and $2,200 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,395
3 Bedrooms	$1,550
4 Bedrooms	—
All	$1,400

As of August 2026, the average rent for a 1 bedroom apartment in Greenwood, IN is $950 per month, followed by $1,395 for a 2 bedroom apartment, and $1,550 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,595
3 Bedrooms	$1,883
4 Bedrooms	$2,201
All	$1,970

As of August 2026, the average rent for a 1 bedroom house in Greenwood, IN is $1,400 per month, followed by $1,595 for a 2 bedroom house, $1,883 for a 3 bedroom house, and $2,201 for a 4 bedroom house.