Rentometer, Inc. | Data as of 10/22/2025
Greenfield, Indiana offers a balanced rental landscape that appeals to both young professionals and families seeking a Midwestern lifestyle with easy access to Indianapolis. The city’s historic downtown, tree‑lined avenues, and vibrant community events create a welcoming atmosphere, while numerous parks, schools, and local businesses provide convenient amenities for everyday living. Its strategic location along major highways makes commuting straightforward, positioning Greenfield as an attractive option for those who desire a small‑city feel without sacrificing connectivity.
The rental market reflects a diverse mix of apartments and single‑family homes. One‑bedroom apartments typically sit in the $1,100 range, while two‑bedroom units are commonly found in the $1,300‑$1,500 bracket, and three‑bedroom apartments often reach the $1,800 level. For house renters, one‑bedroom homes are budget‑friendly around the $850‑$900 mark, two‑bedroom residences trend near $1,300, and three‑bedroom homes see averages close to $1,700. Larger families looking for four or more bedrooms can expect rentals in the $2,000 range, offering ample space for growing households.
Several neighborhoods stand out for their unique charm and convenience. The historic downtown district features renovated lofts and walkable streets near boutique shops and cafés. Riverside and Oak Hill neighborhoods provide quiet, family‑oriented environments with easy access to Greenfield’s top‑rated schools and recreational areas such as Gannett Lake and the local community park. Proximity to IU Health University Hospital and major retail corridors further enhances the appeal, making Greenfield a well‑rounded choice for renters seeking quality housing and a vibrant community setting.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,109 | $1,148 | $470 - $1,379 | $1,099 - $1,294 |
| Apartment | 2 Bedroom | $1,492 | $1,390 | $780 - $2,274 | $1,304 - $1,699 |
| Apartment | 3 Bedroom | $1,800 | $1,854 | $1,499 - $1,995 | $1,745 - $1,995 |
| House | 1 Bedroom | $877 | $817 | $775 - $1,100 | $785 - $1,100 |
| House | 2 Bedroom | $1,329 | $1,237 | $975 - $1,750 | $1,110 - $1,730 |
| House | 3 Bedroom | $1,740 | $1,715 | $1,250 - $2,250 | $1,645 - $1,885 |
| House | 4+ Bedroom | $2,029 | $2,010 | $216 - $2,750 | $1,923 - $2,195 |
In the current period, the average rent in Greenfield was
$1,052 for 1 Bedroom,
$1,442 for 2 Bedroom,
$1,743 for 3 Bedroom, and
$2,034 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.