Rental market snapshot for Greenwood, Indiana

Greenwood, Indiana Rental Property Market Overview

Greenwood, Indiana is a vibrant city located in the heart of the Indianapolis metropolitan area. With a population of 64,918 as of 2021, according to the US Census, Greenwood is a diverse and growing community. The city offers a variety of amenities, including shopping, dining, entertainment, and recreational activities. Greenwood is also home to a number of parks, trails, and other outdoor attractions, making it a great place to live and visit.

The average rent for an apartment in Greenwood is $1,720. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Greenwood Indiana | Cost of Living

  • The most expensive ZIP code in Greenwood is 46142 with an average price of $1,769.
  • The cheapest ZIP code in Greenwood is 46142 with an average price of $1,769.

Greenwood ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
146142$1,769

Live near Greenwood, Indiana's Top Sights and Attractions

Freedom Springs is a family-friendly aquatic center located in a scenic park setting. It features a large outdoor pool with a lazy river, two water slides, a splash pad, and a zero-depth entry pool. There are also two sand volleyball courts, a concession stand, and a picnic area. The facility also offers a variety of special events, such as movie nights and pool parties.

Craig Park is a large outdoor recreation area located in a small town in Indiana. It features a variety of activities for visitors of all ages, including a playground, walking trails, a fishing pond, and a disc golf course. The park also has a picnic shelter, restrooms, and a large open field perfect for sports and other activities. In addition, the park is home to a variety of wildlife, including birds, deer, and other animals.

Woodmen Park is a large outdoor recreational area located in Greenwood, Indiana. It features a variety of activities for visitors to enjoy, including a large playground, walking trails, a fishing pond, and a picnic area. The park also has a disc golf course, a basketball court, and a sand volleyball court. In addition, there is a large pavilion with a stage for outdoor concerts and events. The park is a great place to spend a day outdoors with family and friends.

University Park is a large outdoor park located in Greenwood, Indiana. It features a variety of attractions, including a large lake, a playground, a walking trail, and a picnic area. The park also has a large open field, perfect for playing sports or having a picnic. There are also several pavilions and shelters available for rent, making it a great spot for hosting events. The park is a great place to spend the day with family and friends, and is a popular destination for locals and visitors alike.

Northeast Park is a large outdoor recreational area located in the heart of Greenwood, Indiana. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields and courts. The park also has a large pavilion, perfect for hosting events such as weddings and family reunions. The park is a popular spot for fishing, boating, and bird watching, and is home to a variety of wildlife. The park also offers a variety of educational programs and activities for visitors of all ages.

Northwest Park Annex is a large outdoor park located in Greenwood, Indiana. It features a variety of activities for visitors to enjoy, including a large playground, walking trails, a fishing pond, and a picnic area. The park also has a variety of sports courts, including basketball, tennis, and volleyball. In addition, the park is home to a variety of wildlife, including birds, deer, and other animals. Visitors can also enjoy the park's beautiful scenery, which includes a variety of trees and flowers.

Surina Square Park is a beautiful outdoor attraction located in a small town in Indiana. It features a large pond with a fountain in the center, surrounded by lush green grass and trees. There are several walking paths that wind through the park, and visitors can enjoy a variety of activities such as fishing, picnicking, and bird watching. The park also has a playground, a gazebo, and a pavilion for special events. The park is a great place to relax and enjoy the beauty of nature.

Old City Park is a picturesque park located in a historic area of town. It features a large pond with a fountain, a walking path, and plenty of green space. There are several benches and picnic tables scattered throughout the park, making it a great spot for a relaxing afternoon. The park also has a playground, a gazebo, and a bandstand, making it a great place to host events. The park is surrounded by beautiful old buildings, giving it a unique charm.

Westside Park is a beautiful outdoor attraction located in Greenwood, Indiana. It features a large lake with a walking path around it, a playground, and plenty of picnic tables and benches. There are also several sports fields, including baseball, soccer, and basketball courts, as well as a disc golf course. The park also has a large pavilion with a stage for concerts and other events. The park is a great place to spend a day outdoors, enjoying the fresh air and beautiful scenery.

City Center Park is a large public park located in the heart of the city. It features a large lake with a fountain, a playground, a walking path, and plenty of green space for picnicking and other outdoor activities. There are also several pavilions and gazebos for special events, as well as a bandstand for concerts. The park is surrounded by a variety of shops and restaurants, making it a great place to spend an afternoon.

Greenwood, Indiana area median rent change by ZIP code map

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How does Greenwood compare to other cities in Indiana?

citymedian price
Camden$1,690
Granger$1,668
Shelbyville$1,645
West Lafayette$1,500
Beech Grove$1,455
New Castle$800

Average household income in Greenwood area graph - US Census

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The median household income in Greenwood in 2021 was $71,159. This represents a 28.0% change from 2011 when the median was $55,600.

#categorypercent
0Less than $10,0002.8%
1$10,000 to $14,9993.4%
2$15,000 to $19,9992.7%
3$20,000 to $24,9994.4%
4$25,000 to $29,9993.5%
5$30,000 to $34,9994.8%
6$35,000 to $39,9994.0%
7$40,000 to $44,9995.0%
8$45,000 to $49,9993.9%
9$50,000 to $59,9999.2%
10$60,000 to $74,99914.8%
11$75,000 to $99,99916.3%
12$100,000 to $124,9998.4%
13$125,000 to $149,9997.6%
14$150,000 to $199,9995.7%
15$200,000 or more3.4%

Neighborhoods in Greenwood

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Greenwood is $1,720.
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