City Report · IN

Plainfield

Pop. 36,369·14th most expensive in Indiana·Rental market data updated monthly for Plainfield, IN
Median rent (all units)
$1,722/mo
Year-over-Year
+3.2%
Month-over-Month
+0.9%
vs US Median
-$210
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Plainfield · $1,722
More affordable than 59% of US cities · National median $1,932/mo
Rent Reality Score
64/100
Good value
OverheatedFairGreat value

Rents are 7% below what Plainfield's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,722/mo
Expected by trend
$1,851/mo
The Rent Reality Score compares today's median rent to where Plainfield's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,030
1 BR
$1,180
2 BR
$1,380
3 BR
$1,800
4 BR+
$2,180
Fair Market Rent (HUD)
$1,380/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,722 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Plainfield is at its highest level since Zillow's records here began in January 2021.

Past year vs. the rest of Indiana

Rent in Plainfield changed +3.2% over the year to September 2026. Across the 49 Indiana cities Zillow tracks, the typical change was +4.5%.

Recent direction

Rent has risen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($87,272) is $2,182 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,180).

Cheaper nearby

Indianapolis, 15 miles away, rents for 20% less ($1,375/mo), about $4,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Plainfield. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$20,664/yr
At $1,722/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.2% YoY, +0.9% MoM), not inventory.
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Demographics

Who lives here

Plainfield, IN is majority owner-occupied, 32.7% of residents hold a bachelor's degree or higher.

Population
36,369
Median income
$87,272
Median age
38.4
Renters
37.7%
Age distribution
20.3%
24.1%
29%
16%
Under 1820.3%
18–3424.1%
35–5429%
55–6410.5%
65+16%
Gender
55.5%
44.5%
Male55.5%
Female44.5%
Race & ethnicity
70.8%
White70.8%
Black11.8%
Hispanic6.6%
Asian6.6%
Other4.2%
Education (25+)
32.4%
23.3%
32.7%
No HS diploma11.6%
HS diploma32.4%
Some college23.3%
Bachelor's+32.7%
Housing tenure
62.3%
37.7%
Owner62.3%
Renter37.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Plainfield, IN has changed in 5 years

Rent
$1,252 → $1,722
up 37.5%
Income
$68,541 → $87,272
up 27.3%
Population
34,311 → 36,369
up 6.0%
Renter share
36.6% → 37.7%
+1.1 pts
Bachelor's+
31.6% → 32.7%
+1.1 pts

The median rent in Plainfield, IN stood at $1,252 in 2021 and currently runs about $1,722, reflecting a 37.5% increase over the period. Household income in the area moved from $68,541 to $87,272 across the same window, up 27.3% versus 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.0% since 2021, moving from about 34,311 residents to roughly 36,369. Reading these numbers side by side helps frame whether current listings in Plainfield, IN look reasonable against where the market sat half a decade ago.

Community

Discussions about Plainfield

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View Plainfield rent history (2015–2026) →
Salary vs rent

Can you afford rent in Plainfield on your salary?

At $1,722/mo, how Plainfield rent compares to typical pay (30% rule).

By apartment size

Plainfield rent by bedroom count

Median rent for each apartment size in Plainfield. Click any size for full breakdown.

Local insights

Tips for renters in Plainfield

About renting in Plainfield, IN

Last updated: October 17, 2026

The median rent in Plainfield is $1,722/mo as of October 2026. A studio apartment averages $1,030/mo while a 2-bedroom runs $1,380/mo. One-bedroom apartments average $1,180/mo and 3-bedroom units go for $1,800/mo.

At 24% of local median household income ($87,272/yr), Plainfield ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Plainfield?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,722/mo in Plainfield. The local median household income is $87,272/yr, so the typical household meets that bar.

Is rent going up or down in Plainfield?

Rent in Plainfield has risen 3.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2021.

How does Plainfield rent compare to other cities in Indiana?

Plainfield is one of the pricier among Indiana cities for rent, ranking #14 of 60 tracked cities at $1,722/mo. Over the year to September 2026, rent in Plainfield changed +3.2%, against a typical +4.5% across the 49 Indiana cities Zillow tracks.

Which nearby cities are cheaper to rent in than Plainfield?

Nearby cities with lower median rent than Plainfield ($1,722/mo) include Indianapolis ($1,375/mo), Greenwood ($1,554/mo), and Speedway ($1,615/mo).
Income Affordability
24%
VERY AFFORDABLE

At $1,722/mo, rent takes ~24% of Plainfield's median household income ($87,272/yr). The standard benchmark is 30%.

Plainfield 24%Benchmark 30%
State income tax3.05%
Run the Plainfield affordability calculator →
Lowest-rent ZIP codes in Plainfield
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Plainfield, IN

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