Greenfield, IN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Greenfield is $1,372, a 2.73% increase compared to the previous year, when the average rent was $1,336.
One-bedroom apartments provide 709 square feet for $1,124, balancing privacy and affordability.
Two-beedroom units at $1,384 offer 947 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,328 sq ft) for $1,698, suitable for larger households.
Average rent in Greenfield, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,372 | 954 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,124 | 709 sq. ft. |
| 2 Beds | $1,384 | 947 sq. ft. |
| 3 Beds | $1,698 | 1,328 sq. ft. |
Greenfield, IN rent trends
Rental prices in Greenfield, IN have increased by 2.73% over the past year. The average rent moved from $1,336 to $1,372.
What's the typical rent budget in Greenfield, IN?
The largest share of rentals in Greenfield, IN (57%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Greenfield, IN?
3,873 or 38% of the households in Greenfield, IN are renter-occupied while 6,238 or 62% are owner-occupied.
How Greenfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Greenfield | $1,372 |
| Hammond | $1,235 |
| Jeffersonville | $1,231 |
| New Albany | $1,106 |
| Greenwood | $1,358 |
| Indianapolis | $1,253 |
| South Bend | $1,310 |
| Fort Wayne | $1,143 |
| Evansville | $1,016 |
| Lafayette | $1,174 |
| Bloomington | $1,579 |
| Fishers, IN | $1,633 |
| Carmel, IN | $1,645 |
| Lawrence, IN | $1,195 |
| Westfield, IN | $1,611 |
| Noblesville, IN | $1,566 |
| Franklin, IN | $1,330 |
| Anderson, IN | $1,065 |
| McCordsville, IN | $1,719 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Greenfield apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.