Rentometer, Inc. | Data as of 10/22/2025
Hancock County, Indiana, offers a balanced rental market that appeals to both families and professionals seeking a blend of suburban comfort and easy access to Indianapolis. The county’s neighborhoods, such as Greenfield, McCordsville, and the historic town of New Palestine, provide a variety of housing options, from charming single‑family homes to modern apartment communities near major thoroughfares like US‑36 and State Road 109. Residents enjoy proximity to local attractions including the scenic Eagle Creek Park, the vibrant downtown Greenfield square, and cultural events at the Hancock County Historical Museum, all of which contribute to a high quality of life while keeping commuting times reasonable.
Rental rates in Hancock County reflect the diverse property types available. One‑bedroom apartments typically fall in the $1200s, with median rents near $1300, while two‑bedroom units move into the $1500 range, and three‑bedroom apartments often approach the $1700 bracket. For those preferring a house, one‑bedroom homes are commonly found in the $800–$900 range, with two‑bedroom homes averaging around $1400 and median rents near $1300. Larger homes with three bedrooms generally rent in the $1800s, and four‑plus‑bedroom houses command prices in the $2100 range, reflecting the space and privacy they provide.
The county’s rental environment is supported by a stable employment base, good schools, and a range of amenities that attract renters looking for affordable yet comfortable living. Whether you’re drawn to the quiet neighborhoods of the southern townships or the more active lifestyle of the central communities, Hancock County’s rental market offers competitive options that cater to a variety of needs and preferences.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,233 | $1,261 | $470 - $1,599 | $1,139 - $1,399 |
| Apartment | 2 Bedroom | $1,521 | $1,474 | $780 - $2,274 | $1,304 - $1,680 |
| Apartment | 3 Bedroom | $1,683 | $1,745 | $1,410 - $1,995 | $1,425 - $1,900 |
| House | 1 Bedroom | $877 | $817 | $775 - $1,100 | $785 - $1,100 |
| House | 2 Bedroom | $1,413 | $1,237 | $799 - $2,700 | $1,100 - $1,730 |
| House | 3 Bedroom | $1,812 | $1,800 | $1,250 - $3,900 | $1,655 - $1,945 |
| House | 4+ Bedroom | $2,132 | $2,132 | $216 - $2,755 | $1,965 - $2,325 |
In the current period, the average rent in Hancock was
$1,189 for 1 Bedroom,
$1,499 for 2 Bedroom,
$1,803 for 3 Bedroom, and
$2,138 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.