2-Bedroom Apartment Rent in Greenwood, IN
Median asking rent for a 2-bedroom apartment in Greenwood, Indiana as of July 2026. That's +15% lower than the citywide median of $1,609 and +18% below the national 2-bedroom median of $1,655.
Income needed for a 2-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 2-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 2-bedroom in Indiana
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Frankfort | $709 |
| 2 | Crawfordsville | $884 |
| 3 | East Chicago | $930 |
| 4 | Logansport | $930 |
| 5 | Marion | $930 |
| 6 | New Castle | $930 |
| 7 | Richmond | $940 |
| 8 | Angola | $970 |
| 9 | Delphi | $970 |
| 10 | La Porte | $978 |
| 11 | Muncie | $978 |
| 12 | Kokomo | $990 |
| 13 | Michigan City | $1,020 |
| 14 | Terre Haute | $1,023 |
| 15 | Elkhart | $1,055 |
Most expensive cities for a 2-bedroom in Indiana
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,870 |
| 2 | Whitestown | $1,790 |
| 3 | Carmel | $1,783 |
| 4 | McCordsville | $1,620 |
| 5 | Lawrence | $1,620 |
| 6 | Avon | $1,600 |
| 7 | Westfield | $1,580 |
| 8 | Fishers | $1,577 |
| 9 | Granger | $1,540 |
| 10 | Brownsburg | $1,510 |
| 11 | Sellersburg | $1,460 |
| 12 | Munster | $1,450 |
| 13 | Merrillville | $1,440 |
| 14 | Noblesville | $1,415 |
| 15 | Lowell | $1,390 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Greenwood.
| City | Distance | 2-Bedroom rent | vs Greenwood |
|---|---|---|---|
| Beech Grove, IN | 8.3 mi | $1,220 | $-145 (-11%) |
| Franklin, IN | 11.7 mi | $1,230 | $-135 (-10%) |
| Indianapolis, IN | 12.5 mi | $1,358 | $-7 (-1%) |
| Speedway, IN | 15 mi | $1,220 | $-145 (-11%) |
| Plainfield, IN | 17.8 mi | $1,380 | +$15 (+1%) |
| Avon, IN | 20.8 mi | $1,600 | +$235 (+17%) |
| Lawrence, IN | 21.8 mi | $1,620 | +$255 (+19%) |
| Brownsburg, IN | 24 mi | $1,510 | +$145 (+11%) |
| Carmel, IN | 24.1 mi | $1,783 | +$418 (+31%) |
| McCordsville, IN | 25.6 mi | $1,620 | +$255 (+19%) |
| Shelbyville, IN | 26.2 mi | $1,220 | $-145 (-11%) |
| Zionsville, IN | 27.6 mi | $1,870 | +$505 (+37%) |
2-Bedroom rent in Greenwood — common questions
How much is a 2-bedroom apartment in Greenwood?
As of July 2026, the median 2-bedroom apartment rent in Greenwood, Indiana is $1,365 per month. This is +15% below the citywide median of $1,609.
What income do you need to afford a 2-bedroom in Greenwood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $54,600 ($4,550/month gross), which works out to roughly $26.25/hour at a full-time job.
Is Greenwood expensive for a 2-bedroom compared to the rest of the US?
Greenwood's 2-bedroom median of $1,365 is +18% below the national 2-bedroom median of $1,655. It ranks in the 30th percentile of US cities tracked.
How does Greenwood rank for 2-bedroom rent in Indiana?
Among the 65 cities in Indiana with 2-bedroom data, Greenwood ranks #47 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Greenwood?
Yes — nearby cities with cheaper 2-bedroom rents include Beech Grove ($1,220), Franklin ($1,230), Indianapolis ($1,358).