Madison Ave is a main throughfare North and South in Greenwood, IN.,
Welcome to Center Grove Middle School North.
Grassy Creek Elementary School provides education in the neighborhood of Greenwood
Greenwood Community High School provides education in the neighborhood of Greenwood
This historic residential district has many unique home styles built 1905 and 1925.

Greenwood, IN Area Guide

Avg Rent

$1,163

Population

63,052

Renter Mix

37% Rent

Explore Indy’s south side

Suburban Welcoming Walkable

Located 11 miles south of downtown Indianapolis in Johnson County, Greenwood combines residential comfort with easy access to metropolitan amenities. The city maintains 17 parks across 400 acres, including Freedom Park and City Center Park, featuring splash pads, playgrounds, and more than 20 miles of trails. Housing options include both contemporary apartment communities and properties in historic buildings.

Greenwood's Old Town district preserves local history, while the Greenwood Park Mall area serves as the city's primary retail destination. Notable areas include the Center Grove neighborhood and the developing Worthsville Road corridor near the Interstate 65 interchange. Major employers in the area include Endress+Hauser and Amazon. The city, established in 1823, was initially called "Smocktown" after the Smock brothers, who built the first cabin where Greenwood Park Mall now stands. The name changed to Greenwood in 1833.

Explore the City

Grassy Creek Elementary School provides education in the neighborhood of Greenwood

Greenwood Community High School provides education in the neighborhood of Greenwood

This historic residential district has many unique home styles built 1905 and 1925.

Craig Park, Greenwood, IN

Children's Garden Park, Greenwood, IN

Old City Park, Greenwood, IN

Demographics

Median Household Income

$74,373

Average: $90,648

Education

16,731

Residents Have a Degree

Job Market

33,873

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

38 Years

Largest Age Group

30-39 Years

Approximately 15% of Residents

Under 20

26%

Over 65

16%

Housing Distribution

Greenwood has more homeowners than renters.

Renters
37%
Non-Renters
63%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
22%
Other Education
78%

Rent Trends

As of August 2026, the average apartment rent in Greenwood, IN is $957 for a studio, $1,163 for one bedroom, $1,411 for two bedrooms, and $1,714 for three bedrooms. Apartment rent in Greenwood has decreased by -1.0% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,163/month
702 Sq Ft
House
$2,122/month
1,941 Sq Ft
Condo
$1,410/month
1,593 Sq Ft
See Rental Market Trends in Greenwood, IN

Learn More About Greenwood

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Pleasant Grove Elementary School

Public

Grades PK-5

739 Students

Southwest Elementary School

Public

Grades K-5

543 Students

Grassy Creek Elementary School

Public

Grades PK-5

847 Students

Center Grove Elementary School

Public

Grades K-5

691 Students

Westwood Elementary School

Public

Grades PK-5

510 Students

Center Grove Middle School Central

Public

Grades 6-8

1,278 Students

Center Grove Middle School North

Public

Grades 6-8

1,080 Students

Clark Pleasant Middle School

Public

Grades 6-8

1,690 Students

Greenwood Middle School

Public

Grades 6-8

964 Students

Center Grove High School

Public

Grades 9-12

2,851 Students

Greenwood Community High School

Public

Grades 9-12

1,229 Students

Points of Interest

Parks and Recreation

  • Craig Park
  • Children's Garden Park
  • Summerfield Park
  • Westside Park
  • Northwest Park

Commuter Rail

Airports

  • Indianapolis International

Top Apartments in Greenwood

Houses for Rent in Greenwood

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.