Greenfield, Indiana Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Greenfield, Indiana rental market.

Greenfield, Indiana

Average Apartment Rent

$1,400

Y-o-Y Change in Average
Apartment Rent

2.8%

As of July 2026

Compared to a year ago, Greenfield, Indiana apartments have recorded a 2.8% rent increase.

Greenfield, Indiana Average apartment rent trend

Median Rent Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026 Jul 2026
Greenfield $1,251 $1,336 $1,376 $1,340 $1,380 $1,354 $1,357 $1,334 $1,400
National $1,728 $1,734 $1,755 $1,747 $1,753 $1,767 $1,752 $1,750 $1,771
Greenfield
National
Nov 2023
$1,251
$1,728
Mar 2024
$1,336
$1,734
Jul 2024
$1,376
$1,755
Nov 2024
$1,340
$1,747
Mar 2025
$1,380
$1,753
Jul 2025
$1,354
$1,767
Nov 2025
$1,357
$1,752
Mar 2026
$1,334
$1,750
Jul 2026
$1,400
$1,771

Greenfield, Indiana Average Apartment Rent

Greenfield, Indiana Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 67.13%, apartments priced $1,000 - $1,500 represent the bulk of Greenfield, Indiana rentals, while condos priced Under $1,000 hold the lowest share of the market – 5.33%.

Greenfield, Indiana Housing tenure**

Renter occupied housing units 3,547
Owner occupied housing units 6,160

Renters take up 37% of Greenfield, Indiana real estate, occupying a total of 3,547 units, while homeowners live in 6,160 properties.

Median number of rooms of renter-occupied housing units**

4.5

Renter median household income**

$51,409

Average household size of renter-occupied housing units**

2.11

Greenfield, Indiana Renter-occupied housing units by no. of bedrooms**

No bedrooms 45
1 bed 993
2 beds 1,509
3 beds 796
4 beds 187

There are 1,509 rentals in Greenfield, Indiana with 2 beds making up the highest share of the market, at 43%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 45 units. Overall, the median number of rooms in Greenfield, Indiana homes for rent is 4.5.

Greenfield, Indiana Renter-occupied units by age of householder**

15 - 24 years 349
25 - 34 years 742
35 - 44 years 848
45 - 54 years 466
55 - 59 years 191
60 - 64 years 202
65 - 74 years 468
75 - 84 years 157
85 years and over 124

Most condos for rent in Greenfield, Indiana are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Greenfield, Indiana Renter-occupied housing units by family type**

Family households 1,730
Non-Family Households 1,817

Greenfield, Indiana Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 860
No related children of the householder under 18 2,687

A total of 1,730 apartments for rent in Greenfield, Indiana, or 49% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 860 units. All in all, the median size of a renter-occupied household in Greenfield, Indiana is 2.11.

Greenfield, Indiana Renter-occupied housing units by educational attainment**

Less than high school graduate 245
High school graduate (including equivalency) 1,221
Some college or associate's degree 1,324
Bachelor's degree or higher 757

In terms of education, renters holding bachelor degrees or higher make up 21% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Greenfield, Indiana.

Greenfield, Indiana Renter-occupied units by year structure built**

Built 2010 - 2019 381
Built 2000 - 2009 587
Built 1990 - 1999 812
Built 1980 - 1989 409
Built 1970 - 1979 414
Built 1960 - 1969 359
Built 1950 - 1959 186
Built 1940 - 1949 110
Built 1939 or earlier 289

The highest share of Greenfield, Indiana apartment rentals, namely 23% or 812 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (17%, 587 units), and the ones Built 1970 - 1979 (12%, 414 units).

Greenfield, Indiana Renter-occupied units by year householder moved in**

Moved in 2021 or later 212
Moved in 2018 to 2020 1,235
Moved in 2010 to 2017 1,865
Moved in 2000 to 2009 205

Median year renter moved into unit 2017

Most Greenfield, Indiana renters (53%) moved in 2010 to 2017, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Greenfield, Indiana condos for rent is 2017.

Greenfield, Indiana Renter-occupied housing units by vehicles available**

No vehicle available 362
1 vehicle available 1,840
2 vehicles available 1,044
3 vehicles available 248
4 or more vehicles available 53

When it comes to transportation options, 52% of Greenfield, Indiana renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 10% have No vehicle available.

Greenfield, Indiana Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,327
Car, truck, or van - carpooled 390
Walked 65
Taxicab, motorcycle, bicycle, or other means 163
Worked at home 251

Greenfield, Indiana Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,882
Moved within same county 671
Moved from different county within same state 543
Moved from different state 215

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greenfield, Indiana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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