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Overview of Greenwood

Greenwood apartments for rent are situated just about 12 miles south of downtown Indianapolis, making it easy for residents to take advantage of big-city amenities at their leisure. This family-friendly neighborhood has 14 municipal parks, a community center, entertainment venues, an art institute, two libraries, golf courses and much more to please every member of the family. AreaVibes gave Greenwood a score of 74 for its abundance of local amenities, stable housing market, high graduation rate and high income per capita. It's no wonder the city saw drastic growth since 1990, according to the U.S. Census Bureau. Today, more than 51,500 people call Greenwood home.

Living in Greenwood

This suburban city has plenty of retail and dining options, many of which are nationally recognized names. Greenwood apartments for rent put prospective residents in close proximity to the city's amenities, and you'll only be a short drive away from the culture, entertainment, sports, art and dining of downtown Indianapolis. Families making the move here will enjoy the high graduation rate that is 8 percent higher than the state's average, as well as an excellent health care system and local schools.

Greenwood Apartments and Cost of Living

Greenwood apartments for rent have a median rental rate 18 percent greater than the rest of the state, and an overall cost of living that is 9 percent more than Indiana's average. However, the cost of living is only 1 percent higher than the nation's average. People are attracted to this central Indiana community for its prosperous business economy, which is made apparent in the median household income that is 22 percent more than the rest of the state.

Although people moving to Greenwood apartments will not have access to a pedestrian-friendly lifestyle, the cost of transportation isn't too high here. The average cost of gasoline is on par with the rest of the state, and the commute time is about 8 percent longer.

Apartments in Greenwood Work and Study

Students looking at apartments for rent in Greenwood are near some of the state's most-sought after higher education institutes. Indiana Tech and ITT Technical Institute both have campuses in town, as do Franklin College, University of Indianapolis and Indiana University-Purdue University Indianapolis.

Even if you're not a student looking at apartments in Greenwood, you'll have plenty of opportunities to take advantage of. Some of the top employers in the region include Holland, Meijer, Pasquale's Pizza, Sears and Greenwood Village South. However, Greenwood's close proximity to Indianapolis makes it easy to commute downtown for work.

Market Trends

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