1-Bedroom Apartment Rent in Greenwood, IN
Median asking rent for a 1-bedroom apartment in Greenwood, Indiana as of July 2026. That's +28% lower than the citywide median of $1,609 and +16% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Greenwood
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Greenwood
Compare Greenwood's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Frankfort | $604 |
| 2 | La Porte | $689 |
| 3 | Richmond | $720 |
| 4 | New Castle | $730 |
| 5 | Angola | $740 |
| 6 | Marion | $740 |
| 7 | Crawfordsville | $754 |
| 8 | East Chicago | $770 |
| 9 | Logansport | $780 |
| 10 | Kokomo | $790 |
| 11 | Muncie | $800 |
| 12 | Fortville | $801 |
| 13 | Terre Haute | $810 |
| 14 | Delphi | $820 |
| 15 | Evansville | $835 |
Most expensive cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,600 |
| 2 | Whitestown | $1,530 |
| 3 | Carmel | $1,527 |
| 4 | McCordsville | $1,390 |
| 5 | Lawrence | $1,385 |
| 6 | Avon | $1,370 |
| 7 | Westfield | $1,350 |
| 8 | Fishers | $1,343 |
| 9 | Granger | $1,310 |
| 10 | Brownsburg | $1,290 |
| 11 | Noblesville | $1,210 |
| 12 | Sellersburg | $1,200 |
| 13 | Munster | $1,190 |
| 14 | Merrillville | $1,190 |
| 15 | Plainfield | $1,180 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Greenwood.
| City | Distance | 1-Bedroom rent | vs Greenwood |
|---|---|---|---|
| Beech Grove, IN | 8.3 mi | $1,040 | $-125 (-11%) |
| Franklin, IN | 11.7 mi | $1,050 | $-115 (-10%) |
| Indianapolis, IN | 12.5 mi | $1,159 | $-6 (-1%) |
| Speedway, IN | 15 mi | $1,040 | $-125 (-11%) |
| Plainfield, IN | 17.8 mi | $1,180 | +$15 (+1%) |
| Avon, IN | 20.8 mi | $1,370 | +$205 (+18%) |
| Lawrence, IN | 21.8 mi | $1,385 | +$220 (+19%) |
| Brownsburg, IN | 24 mi | $1,290 | +$125 (+11%) |
| Carmel, IN | 24.1 mi | $1,527 | +$362 (+31%) |
| McCordsville, IN | 25.6 mi | $1,390 | +$225 (+19%) |
| Shelbyville, IN | 26.2 mi | $1,040 | $-125 (-11%) |
| Zionsville, IN | 27.6 mi | $1,600 | +$435 (+37%) |
1-Bedroom rent in Greenwood — common questions
How much is a 1-bedroom apartment in Greenwood?
As of July 2026, the median 1-bedroom apartment rent in Greenwood, Indiana is $1,165 per month. This is +28% below the citywide median of $1,609.
What income do you need to afford a 1-bedroom in Greenwood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $46,600 ($3,883/month gross), which works out to roughly $22.40/hour at a full-time job.
Is Greenwood expensive for a 1-bedroom compared to the rest of the US?
Greenwood's 1-bedroom median of $1,165 is +16% below the national 1-bedroom median of $1,395. It ranks in the 33th percentile of US cities tracked.
How does Greenwood rank for 1-bedroom rent in Indiana?
Among the 65 cities in Indiana with 1-bedroom data, Greenwood ranks #50 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Greenwood?
Yes — nearby cities with cheaper 1-bedroom rents include Beech Grove ($1,040), Franklin ($1,050), Indianapolis ($1,159).