Studio Rent · June 2026

Studio Apartment Rent in Greencastle, IN

$750/mo

Median asking rent for a studio apartment in Greencastle, Indiana as of June 2026. That's +29% lower than the citywide median of $1,050 and +42% below the national studio median of $1,290.

Studio median
$750
June 2026
vs city overall
-29%
$1,050 city median
vs national
-42%
$1,290 US median
Indiana rank
#9
of 59 cities

Income needed for a studio 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 studio at the current median rent.

Annual income
$30,000
Monthly gross
$2,500
Hourly (full-time)
$14.42

Rent by apartment size in Greencastle

Compare Greencastle's median rent across every apartment size.

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

Cheapest cities for a studio in Indiana

#CityStudio rent
1Marion$650
2East Chicago$670
3Michigan City$700
4Richmond$710
5Angola$730
6New Castle$730
7Muncie$735
8Mishawaka$740
9Greencastle (this page)$750
10South Bend$775
11Kokomo$780
12Evansville$792
13Anderson$793
14Terre Haute$803
15Lafayette$810

Most expensive cities for a studio in Indiana

#CityStudio rent
1Zionsville$1,390
2Whitestown$1,330
3Carmel$1,327
4McCordsville$1,210
5Lawrence$1,205
6Avon$1,190
7Westfield$1,180
8Fishers$1,170
9Brownsburg$1,120
10Sellersburg$1,100
11Granger$1,070
12Noblesville$1,050
13Columbus$1,045
14Munster$1,040
15Plainfield$1,030

Nearby cities — studio rent

Most nearby cities have similar or higher studio rents than Greencastle.

CityDistanceStudio rentvs Greencastle
Crawfordsville, IN26.5 mi$990+$240 (+32%)
Plainfield, IN34.6 mi$1,030+$280 (+37%)
Avon, IN34.7 mi$1,190+$440 (+59%)
Terre Haute, IN36.6 mi$803+$53 (+7%)
Brownsburg, IN38.1 mi$1,120+$370 (+49%)
Lebanon, IN40.4 mi$890+$140 (+19%)
Bloomington, IN42.5 mi$938+$188 (+25%)
Speedway, IN45 mi$890+$140 (+19%)
Whitestown, IN46.4 mi$1,330+$580 (+77%)
Zionsville, IN47.9 mi$1,390+$640 (+85%)
Lafayette, IN51.5 mi$810+$60 (+8%)
Greenwood, IN51.7 mi$1,015+$265 (+35%)

Studio rent in Greencastle — common questions

How much is a studio apartment in Greencastle?

As of June 2026, the median studio apartment rent in Greencastle, Indiana is $750 per month. This is +29% below the citywide median of $1,050.

What income do you need to afford a studio in Greencastle?

Using the standard 30% rent-to-income rule, you would need an annual income of about $30,000 ($2,500/month gross), which works out to roughly $14.42/hour at a full-time job.

Is Greencastle expensive for a studio compared to the rest of the US?

Greencastle's studio median of $750 is +42% below the national studio median of $1,290. It ranks in the 6th percentile of US cities tracked.

How does Greencastle rank for studio rent in Indiana?

Among the 59 cities in Indiana with studio data, Greencastle ranks #9 from cheapest to most expensive.

Are there cheaper studio options near Greencastle?

Most nearby cities have similar or higher studio rents than Greencastle.

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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.