Westfield, 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 Westfield is $1,611, a 5.44% decrease compared to the previous year, when the average rent was $1,704.
Studio Apartments at $1,206 offer the most budget-friendly option with 569 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 776 square feet for $1,431, balancing privacy and affordability.
Two-beedroom units at $1,707 offer 1,084 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,315 sq ft) for $2,193, suitable for larger households.
Average rent in Westfield, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,611 | 960 sq. ft. |
| Studio | $1,206 | 569 sq. ft. |
| 1 Bed | $1,431 | 776 sq. ft. |
| 2 Beds | $1,707 | 1,084 sq. ft. |
| 3 Beds | $2,193 | 1,315 sq. ft. |
Westfield, IN rent trends
Rental prices in Westfield, IN have decreased by 5.44% over the past year. The average rent moved from $1,704 to $1,611.
What's the typical rent budget in Westfield, IN?
The largest share of rentals in Westfield, IN (44%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Westfield, IN?
3,889 or 20% of the households in Westfield, IN are renter-occupied while 15,260 or 80% are owner-occupied.
How Westfield Compares to Other Cities
| City | Average Rent |
|---|---|
| Westfield | $1,611 |
| 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 |
| Avon, IN | $1,548 |
| Brownsburg, IN | $1,605 |
| Noblesville, IN | $1,566 |
| Plainfield, IN | $1,551 |
| Kokomo, IN | $1,015 |
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 Westfield 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.