2-Bedroom Rent · June 2026

2-Bedroom Apartment Rent in Greencastle, IN

$1,030/mo

Median asking rent for a 2-bedroom apartment in Greencastle, Indiana as of June 2026. That's +2% lower than the citywide median of $1,050 and +38% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,030
June 2026
vs city overall
-2%
$1,050 city median
vs national
-38%
$1,655 US median
Indiana rank
#11
of 61 cities

Income needed for a 2-bedroom in Greencastle

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$41,200
Monthly gross
$3,433
Hourly (full-time)
$19.81

Rent by apartment size in Greencastle

Compare Greencastle's median rent across every apartment size.

Studio
$750
1-Bedroom
$800
2-Bedroom (current)
$1,030
3-Bedroom
$1,370
4+ Bedroom
$1,610

Cheapest cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1East Chicago$930
2Marion$930
3New Castle$930
4Richmond$940
5Angola$970
6La Porte$978
7Muncie$978
8Kokomo$990
9Michigan City$1,020
10Terre Haute$1,023
11Greencastle (this page)$1,030
12Elkhart$1,055
13Warsaw$1,060
14Fortville$1,065
15Evansville$1,068

Most expensive cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Zionsville$1,870
2Whitestown$1,790
3Carmel$1,783
4McCordsville$1,620
5Lawrence$1,620
6Avon$1,600
7Westfield$1,580
8Fishers$1,577
9Granger$1,540
10Brownsburg$1,510
11Sellersburg$1,460
12Munster$1,450
13Merrillville$1,440
14Noblesville$1,415
15Highland$1,390

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 1 of these cities have cheaper 2-bedroom rents than Greencastle.

CityDistance2-Bedroom rentvs Greencastle
Crawfordsville, IN26.5 mi$1,360+$330 (+32%)
Plainfield, IN34.6 mi$1,380+$350 (+34%)
Avon, IN34.7 mi$1,600+$570 (+55%)
Terre Haute, IN36.6 mi$1,023$-7 (-1%)
Brownsburg, IN38.1 mi$1,510+$480 (+47%)
Lebanon, IN40.4 mi$1,220+$190 (+18%)
Bloomington, IN42.5 mi$1,198+$168 (+16%)
Speedway, IN45 mi$1,220+$190 (+18%)
Whitestown, IN46.4 mi$1,790+$760 (+74%)
Zionsville, IN47.9 mi$1,870+$840 (+82%)
Lafayette, IN51.5 mi$1,133+$103 (+10%)
Greenwood, IN51.7 mi$1,365+$335 (+33%)

2-Bedroom rent in Greencastle — common questions

How much is a 2-bedroom apartment in Greencastle?

As of June 2026, the median 2-bedroom apartment rent in Greencastle, Indiana is $1,030 per month. This is +2% below the citywide median of $1,050.

What income do you need to afford a 2-bedroom in Greencastle?

Using the standard 30% rent-to-income rule, you would need an annual income of about $41,200 ($3,433/month gross), which works out to roughly $19.81/hour at a full-time job.

Is Greencastle expensive for a 2-bedroom compared to the rest of the US?

Greencastle's 2-bedroom median of $1,030 is +38% below the national 2-bedroom median of $1,655. It ranks in the 7th percentile of US cities tracked.

How does Greencastle rank for 2-bedroom rent in Indiana?

Among the 61 cities in Indiana with 2-bedroom data, Greencastle ranks #11 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Greencastle?

Yes — nearby cities with cheaper 2-bedroom rents include Terre Haute ($1,023).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Greencastle, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (June 2026) and exclude cities with median rent below $400 or above $20,000.