What is the rental vacancy rate in Greenwood, IN?
The rental vacancy rate in Greenwood, IN is 5.7% (±2.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.4 points).
1,306 (±458) homes, 4.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Greenwood, the rental vacancy rate went from 5.5% in 2015–2019 to 5.7% in 2020–2024 (+0.2 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.7% (±2.7 points)
- Homeowner vacancy rate
- 0.5% (±0.4 points)
- Vacant homes
- 1,306 (±458)
Vacancy in Greenwood against Johnson County, its state and the nation
| Greenwood | Johnson County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.7% (±2.7 points) | 5.8% (±2.2 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.4 points) | 0.4% (±0.3 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 1,306 (±458) | 3,361 (±633) | 260,559 (±6,417) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Greenwood, the rental vacancy rate is not measurably different from Johnson County (5.8%).
It is not measurably different from Indiana (5.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Greenwood
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Greenwood | — | 5.7% (±2.7 points) | — |
| Pleasant Township (Johnson County) | 1.5 mi | 8.0% (±3.5 points) | Not measurably different |
| New Whiteland | 2.9 mi | 12.7% (±16.9 points) | Not measurably different |
| Whiteland | 3.7 mi | 0.0% (±28.8 points) | Not measurably different |
| Southport | 4.0 mi | 0.0% (±25.0 points) | Not measurably different |
| Homecroft | 4.8 mi | 0.0% (±96.0 points) | Not measurably different |
| White River Township (Johnson County) | 5.1 mi | 0.0% (±1.0 points) | Lower |
| Perry Township (Marion County) | 5.7 mi | 4.0% (±1.5 points) | Not measurably different |
| Clark Township (Johnson County) | 5.9 mi | 0.0% (±47.5 points) | Not measurably different |
Nearby places with a measurably lower figure: White River Township (Johnson County), IN (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Johnson County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 2 | New Whiteland | 12.7% (±16.9 points) |
| 3 | Needham Township | 9.3% (±9.0 points) |
| 4 (tie) | Trafalgar | 8.0% (±14.6 points) |
| 4 (tie) | Hensley Township | 8.0% (±14.6 points) |
| 4 (tie) | Pleasant Township (Johnson County) | 8.0% (±3.5 points) |
| 7 | Prince's Lakes | 6.8% (±13.4 points) |
| 8 | Greenwood | 5.7% (±2.7 points) |
| 9 | Franklin | 5.2% (±3.9 points) |
| 10 | Franklin Township (Johnson County) | 4.8% (±4.2 points) |
| 11 | Nineveh Township | 4.7% (±11.0 points) |
| 12 | Blue River Township (Johnson County) | 3.8% (±6.3 points) |
| 13 | Edinburgh | 3.6% (±5.9 points) |
| 14 (tie) | Bargersville | 0.0% (±3.7 points) |
Showing 13 of 17 places in Johnson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Greenwood
Is it hard to find a rental in Greenwood?
The rental vacancy rate in Greenwood, IN is 5.7% (±2.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Greenwood tighter than it was?
In Greenwood, the rental vacancy rate went from 5.5% in 2015–2019 to 5.7% in 2020–2024 (+0.2 percentage points), not a measurable change.
How many homes are vacant in Greenwood?
An estimated 1,306 (±458) housing units, 4.7% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Greenwood city, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Greenwood city, Indiana
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Greenwood city, Indiana (place:29898, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Fair Market Rent in Greenwood
- Indiana landlord and tenant rules
- Housing across Johnson County
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- Housing data for every place in Indiana