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City Report · IN

Plainfield

Pop. 36,369·17th most expensive in Indiana·Plainfield rents are up 5.2% over the past year
Median rent (all units)
$1,774/mo
Year-over-Year
+5.2%
Month-over-Month
+1.0%
vs US Median
-$191
Rising (Monthly)
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Most AffordableMost Expensive
Plainfield · $1,774
More affordable than 56% of US cities · National median $1,965/mo
Rent Reality Score
62/100
Good value
OverheatedFairGreat value

Rents are 6% below what Plainfield's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,774/mo
Expected by trend
$1,884/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
Research median
$1,380/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,288/yr
At $1,774/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.2% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.2% YoY, +1.0% 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
$1,248 → $1,774
up 42.1%
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 $1,248 in 2021 and currently runs about $1,774, reflecting a 42.1% 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

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

Can you afford rent in Plainfield on your salary?

At $1,774/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: July 20, 2026

The median rent in Plainfield is $1,774/mo as of July 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 5.2% over the past year.

FAQ

Frequently asked questions

Is Plainfield an affordable city for renters?

Plainfield is considered very affordable for renters. At $1,774/mo, rent takes approximately 24% of the local median household income ($87,272/yr). The standard benchmark is 30%. Plainfield falls comfortably within that range.

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 $71,000/year (~$34/hour full-time) to afford the median rent of $1,774/mo in Plainfield. The local median household income is $87,272/yr, meaning the typical Plainfield household meets that threshold.

Is rent going up or down in Plainfield?

Rent in Plainfield has increased 5.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Plainfield rent compare to other cities in Indiana?

Plainfield is one of the pricier cities in Indiana for rent, ranking #17 out of 65 tracked cities at $1,774/mo.

Which nearby cities are cheaper to rent in than Plainfield?

Several nearby cities have lower median rents than Plainfield ($1,774/mo): Indianapolis ($1,411/mo), Greenwood ($1,609/mo), Speedway ($1,645/mo).

What percentage of Plainfield residents rent vs. own?

According to Census data, approximately 37.7% of Plainfield households are renters, while 62.3% are owner-occupied. Plainfield leans toward homeownership, which can mean a smaller rental inventory.

How does Plainfield rent compare to the national average?

Plainfield's median rent of $1,774/mo is $191 (10%) below the US national median of $1,965/mo. Within Indiana, it ranks #17 out of 65 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,774/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Plainfield, IN

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