Rents are 4% below what Westfield's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,922 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in Westfield usually run 1.6% below trend in February and 1.5% above it in July, about $60 a month apart at today's median. Based on 5 years of data.
Rent in Westfield is at its highest level since Zillow's records here began in January 2021.
Rent in Westfield changed +5.7% over the year to September 2026. Across the 49 Indiana cities Zillow tracks, the typical change was +4.5%.
Rent has risen 7 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($122,789) is $3,070 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,500).
Noblesville, 10 miles away, rents for 12% less ($1,692/mo), about $2,800 a year in savings.
From Zillow's monthly rent index (ZORI) for Westfield. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Westfield, IN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 59.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Westfield, IN has changed in 5 years
Compared with 2021, rent in Westfield, IN has increased by $535 per month, settling near $1,922 after starting the period at $1,387. Census figures show median household income at $122,789 today, compared with $106,777 five years earlier. Rent outpaced income growth by roughly 23.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 45,695 to 54,677 between 2021 and 2024, a 19.7% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 55.9% to 59.8%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Westfield on your salary?
At $1,922/mo, how Westfield rent compares to typical pay (30% rule).
Westfield rent by bedroom count
Median rent for each apartment size in Westfield. Click any size for full breakdown.
Tips for renters in Westfield
Last updated: October 17, 2026
The median rent in Westfield is $1,922/mo as of October 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,580/mo. One-bedroom apartments average $1,350/mo and 3-bedroom units go for $2,060/mo.
At 19% of local median household income ($122,789/yr), Westfield ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.7% over the past year.
Frequently asked questions
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How does Westfield rent compare to other cities in Indiana?
Which nearby cities are cheaper to rent in than Westfield?
At $1,922/mo, rent takes ~19% of Westfield's median household income ($122,789/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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