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Cheap Apartments for Rent in Greenwood, IN

1,697 Rentals
.
  3. Building Photo - Windsor Court
    1 BED
    $796+
    2 BEDS
    $1,050+

    Windsor Court

    7302 Queen Anne Ct, Indianapolis, IN 46227
  6. Building Photo - Sherbrook
    STUDIO
    $799+
    1 BED
    $989+

    Sherbrook

    8026 McFarland Ct, Indianapolis, IN 46227
  7. Building Photo - South & Madison
    STUDIO
    $809+
    1 BED
    $830+
    2 BEDS
    $1,030+
    3 BEDS
    $1,263+

    South & Madison

    1819 Madison Village Dr, Indianapolis, IN 46227
  8. Building Photo - Clearview
    STUDIO
    $815+
    1 BED
    $950+
    2 BEDS
    $1,125+

    Clearview

    715 Clearview Dr, Greenwood, IN 46143
  10. Building Photo - Buckridge at Southport
    $110 Off
    Price Drop. $110 Off
    1 BED
    $825+
    2 BEDS
    $950+

    Buckridge at Southport

    6933 Buckridge West Dr, Indianapolis, IN 46227
  14. Interior Photo - The Sterling
    1 BED
    $900+
    2 BEDS
    $975+

    The Sterling

    8020 Madison Ave, Indianapolis, IN 46227
  17. State-of-the-Art Kitchen | Apartments For Rent In Indianapolis In | Fountain Lake Villas - Fountain Lake Villas
    Rent Special
    Rent Special
    1 BED
    $1,075+
    2 BEDS
    $1,170+

    Fountain Lake Villas

    2220 E Stop 13 Rd, Indianapolis, IN 46227
  26. Building Photo - The Sycamores
    Rent Special
    Rent Special
    |
    1 BED
    $1,000+
    2 BEDS
    $1,200+
    3 BEDS
    $1,650+

    The Sycamores

    7913 Ella Dobbs Ln, Indianapolis, IN 46227
    (463) 300-5399
  28. Building Photo - 7817 Bayard Dr
    1 BED, 1 BATH
    $1,000
    Total Monthly Price Total Monthly Price New
    Base Rent$1,000
    Required Monthly FeesNone
    Total Monthly Price$1,000

    7817 Bayard Dr Unit Basement

    7817 Bayard Dr, Indianapolis, IN 46259
    Apply
  35. Building Photo - Dakota Ridge
    1 BED
    $1,055+
    2 BEDS
    $1,385+
    3 BEDS
    $1,435+

    Dakota Ridge

    1510 Dakota Ridge Dr, Indianapolis, IN 46217
  37. Building Photo - Oak Park
    Rent Special
    Rent Special
    |
    1 BED
    $1,069+
    2 BEDS
    $1,149+

    Oak Park

    2100 E Stop 12 Rd, Indianapolis, IN 46227
    (463) 209-8483
Showing 42 of 214 results, Page 1 of 6

Greenwood at a Glance

Average Rent

$1,162
(All bedrooms and property types)
Learn more about
Average Rent in Greenwood
7

School Rating

out of 10 Rating
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Schools in Greenwood

Greenwood, IN Apartments for Rent

Greenwood sits just 11 miles south of downtown Indianapolis and traces its roots back to 1823, when the Smock brothers built a cabin on land that's now home to Greenwood Park Mall. If you're searching for apartments for rent in Greenwood, you'll discover everything from contemporary apartment communities to charming properties near the historic Old Town district. Studios typically start around $967, while three-bedroom homes average about $1,660.

Renting in Greenwood means enjoying suburban comfort with big-city perks right at your fingertips. Popular neighborhoods like Center Grove and the Worthsville Road corridor near Interstate 65 make commuting to Indianapolis and beyond a breeze. You'll love having Greenwood Park Mall nearby for shopping and dining, plus 17 parks covering more than 400 acres. Freedom Park and City Center Park offer over 20 miles of trails for outdoor adventures. Major employers including Endress+Hauser and Amazon help drive the local economy, while Interstate 65 and Interstate 69 keep you connected to everywhere you need to go.

Renting in Greenwood

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Greenwood

(For 1 bedroom apartments)

Education

Private University
Public University
Public University
Public University
Private University
GreatSchools Rating
Center Grove High School

Public High School

Public
Grades 9-12
2,851 Students
GreatSchools Rating
Greenwood Community High School

Public High School

Public
Grades 9-12
1,229 Students
GreatSchools Rating
Center Grove Middle School Central

Public Middle School

Public
Grades 6-8
1,278 Students
GreatSchools Rating
Center Grove Middle School North

Public Middle School

Public
Grades 6-8
1,080 Students
GreatSchools Rating
Clark Pleasant Middle School

Public Middle School

Public
Grades 6-8
1,690 Students
GreatSchools Rating
Greenwood Middle School

Public Middle School

Public
Grades 6-8
964 Students
GreatSchools Rating
Southwest Elementary School

Public Elementary School

Public
Grades K-5
543 Students
GreatSchools Rating
Center Grove Elementary School

Public Elementary School

Public
Grades K-5
691 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Greenwood

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