Greenfield is a historic city.
The downtown square in Greenfield is a great place for to visit local businesses.
The Pennsy Trail in Greenfield explands 14.5 miles to Ellenberger Park in Indianapolis.
A great place to hang out and hear some great music in Greenfield is Depot Street Park.
Greenfield has many quiet neighborhoods.

Greenfield, IN Area Guide

Avg Rent

$1,157

Population

25,970

Renter Mix

33% Rent

Savor small-town living near big-city amenities

Suburban Convenient Active

Greenfield, Indiana sits about 20 miles east of Indianapolis as the county seat of Hancock County, giving it the grounded feel of a self-sufficient small city while keeping downtown Indianapolis well within reach via I-70. With a population approaching 26,000 spread across roughly 13 square miles, the city strikes a comfortable balance between open residential streets and a compact, walkable downtown core.

Greenfield carries a deep sense of local identity rooted in its history. It is the birthplace of James Whitcomb Riley, Indiana's beloved "Hoosier Poet," and the James Whitcomb Riley Old Home and Museum remains one of the city's most recognized landmarks. That civic pride carries into the present through events like the annual Riley Festival, which draws visitors from across the state each fall. Healthcare and manufacturing anchor the local economy, with Hancock Health serving as a major employer.

The housing mix reflects the city's steady growth, offering everything from single-family rental homes and duplexes to newer apartment communities with modern layouts and community amenities. Renters can choose between established residential neighborhoods near the historic downtown and newer developments along the city's expanding edges, providing real options at a range of price points well below what Indianapolis proper typically commands.

Explore the City

The Pennsy Trail in Greenfield explands 14.5 miles to Ellenberger Park in Indianapolis.

A great place to hang out and hear some great music in Greenfield is Depot Street Park.

Greenfield has many quiet neighborhoods.

Ranch-style homes line many streets in Greenfield.

Brandywine Park is a place loved by locals.

Aerial view of the Hancock County Courthouse in downtown Greenfield.

Demographics

Median Household Income

$72,232

Average: $82,699

Education

5,775

Residents Have a Degree

Job Market

13,364

Workers Employed

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

Median Age

40 Years

Largest Age Group

30-39 Years

Approximately 14% of Residents

Under 20

24%

Over 65

20%

Housing Distribution

Greenfield has more homeowners than renters.

Renters
33%
Non-Renters
67%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
17%
Other Education
83%

Rent Trends

As of July 2026, the average apartment rent in Greenfield, IN is $865 for a studio, $1,158 for one bedroom, $1,409 for two bedrooms, and $1,742 for three bedrooms. Apartment rent in Greenfield has decreased by -0.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,158/month
700 Sq Ft
House
$2,000/month
1,845 Sq Ft
See Rental Market Trends in Greenfield, IN

Learn More About Greenfield

Getting Around

Fairly Walkable

Walkability

40 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Eden Elementary School

Public

Grades K-5

152 Students

J B Stephens Elementary School

Public

Grades PK-5

587 Students

Brandywine Elementary School

Public

Grades PK-5

338 Students

Harris Elementary School

Public

Grades K-5

273 Students

Mt Comfort Elementary School

Public

Grades K-5

650 Students

Greenfield Central Junior High School

Public

Grades 6-8

675 Students

Greenfield-Central High School

Public

Grades 9-12

1,462 Students

Points of Interest

Top Apartments in Greenfield

Houses for Rent in Greenfield

Living in Greenfield

History

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Greenfield became the seat of Hancock County in 1828, establishing itself as a central hub for the surrounding agricultural region. The city gained prominence as the birthplace of James Whitcomb Riley, the beloved Hoosier Poet whose work captured small-town American life in the late 1800s. Today, residents and visitors can explore the James Whitcomb Riley Old Home and Museum, which preserves the Victorian-era house where Riley spent his childhood. The Old Log Jail Museum offers another window into the area's past, showcasing what frontier justice looked like in the early days of the county.

The Hancock County Historical Society maintains exhibits and collections that document the community's evolution from frontier settlement to modern suburb. Annual events like the Riley Festival celebrate the city's literary heritage with parades, performances, and family activities each October. Historic downtown Greenfield features preserved buildings that reflect the city's 19th-century railroad roots, when it served as a stop on the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad. These visible reminders of the past give the community its distinctive character while newer development continues to expand around the historic core.

Restaurants

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Greenfield's dining scene reflects its welcoming small-town character, offering residents a comfortable mix of classic American comfort food, casual eateries, and local favorites along its historic Main Street corridor. The city's growing population has brought added variety, with options ranging from hearty Midwestern fare to Mexican and Italian cuisine. Greenfield is also home to community food-centered events like the annual Chocolate Walk, a beloved local tradition where residents sample sweets from downtown businesses each winter. For those craving more diverse dining options, Indianapolis is just 20 miles west and easily accessible, putting world-class restaurants and vibrant food districts within a short drive.

Transportation

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Getting around Greenfield relies primarily on a personal vehicle. Interstate 70 runs through the city and provides a direct connection to Indianapolis, about 20 miles to the west, making it a practical option for daily commuters. U.S. Route 40 and State Route 9 also serve as key local corridors for running errands and navigating town. The Pennsy Trail is a popular off-road path for walkers and cyclists, offering a car-free way to get around parts of the city. Indianapolis International Airport is roughly 39 miles away, about a 57-minute drive. Public transit options are limited, so most residents plan around having their own car.

Parks

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Greenfield offers a welcoming mix of parks and outdoor spaces. The Pennsy Trail is one of the city's most beloved amenities, providing a paved multi-use path perfect for walking, jogging, and cycling through the community. Local parks throughout Greenfield offer green space, playgrounds, and areas for relaxed outdoor recreation. The surrounding Hancock County countryside adds a scenic backdrop to everyday life, and nearby Tuttle Orchards provides a charming destination for outdoor fun across the seasons, from pick-your-own produce to fall festivals.

Cost

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Greenfield offers a relatively affordable rental market compared to many Indiana cities and well below the cost of renting in major metro areas. One-bedroom apartments average around $1,133 per month, while two-bedroom units average approximately $1,416 and three-bedroom homes rent for around $1,674. The housing mix in Greenfield includes both apartment rentals and single-family homes, giving renters a range of options across the city's 13 square miles. Nearby Fortville shows comparable pricing, suggesting that Greenfield's rents are generally in line with the surrounding east-central Indiana region.

Shopping

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Greenfield's retail scene reflects its welcoming small-town character, with shopping centers like Weston Village, Northgate Plaza, and McKenzie Plaza offering everyday essentials and local services within just a few minutes of most neighborhoods. The corridor along U.S. 40 provides convenient access to a mix of national retailers and locally owned shops. Downtown Greenfield adds a charming dimension to the city's retail identity, where storefronts and specialty shops line the historic streets. Residents also enjoy community-centered shopping experiences through events like the Chocolate Walk and the annual Chalk Fest, which bring a festive, browsable atmosphere to the heart of the city throughout the year.

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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.