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Rental Market Trends in Greenfield, IN

What is the average rent in Greenfield, IN?

$1,151/month

Average Rent

700 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

As of March 2026, the average rent in Greenfield, IN is $1,151 per month. This is 29% lower than the national average rent of $1,626/month, making renting in Greenfield more affordable than most cities in the US. When you rent an apartment in Greenfield, you can expect to pay about $865 per month for a studio, $1,151 for a one-bedroom apartment, and around $1,393 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,692 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$865/month
400 Sq Ft
One Bedroom
$1,151/month
700 Sq Ft
Two Bedroom
$1,393/month
982 Sq Ft
Three Bedroom
$1,692/month
1,309 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,790/month
1,611 Sq Ft
Four Bedroom
$2,292/month
2,475 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Greenfield, IN?

In the past year, rent has decreased by 1.9%, which averages out to $21 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Greenfield, IN
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Greenfield, IN
Percentage*
Rent Range
0% Below $700/month
12% $700 - $1,000/month
59% $1,001 - $1,500/month
24% $1,501 - $2,000/month
6% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Greenfield?

Based on current rent prices, Copeland Farms is the most affordable neighborhood in Greenfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Copeland Farms
$1,185/month
665 Sq Ft

What are the most expensive neighborhoods in Greenfield?

Based on current rent prices, Copeland Farms is the most expensive neighborhood in Greenfield.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Copeland Farms
$1,185/month
665 Sq Ft

Which Greenfield neighborhoods have the most rentals available?

The neighborhood in Greenfield with the most apartments available is Copeland Farms .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Copeland Farms
$1,185/month
665 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Greenfield, IN?

Because the average rent in Greenfield is $1,151, you’ll want to make about $3,836 per month or $46,032 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Greenfield, IN

338 Available Apartments for Rent

Search for Nearby Apartments

How does Greenfield, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Greenfield, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Greenfield, IN

Apartment Averages

Copeland Farms

Greenfield, IN

Copeland Farms

Greenfield, IN

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Apartment communities in Greenfield we think you'll love

Riley Crossing at Gateway Park

Riley Crossing at Gateway Park

6857 Poetry Pl,
Greenfield, IN 46140

$1,400 - $1,950

1-3 Beds

Washington Village Apartments

Washington Village Apartments

4211 W Potomac Dr,
Greenfield, IN 46140

$1,075 - $1,715

1-3 Beds

Redwood Greenfield

Redwood Greenfield

2982 Red Spruce Dr,
Greenfield, IN 46140

$1,674 - $2,544

2 Beds

Whitman Villas at Gateway Park

Whitman Villas at Gateway Park

1801 Walt Whitman Dr,
Greenfield, IN 46140

$1,950 - $2,600

2-3 Beds

Learn More with Helpful Articles

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United States Indiana Greenfield Rental Trends

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 February 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity