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City Report · WI

Greenfield

Pop. 37,345·25th most expensive in Wisconsin·Rental market data updated monthly for Greenfield, WI
Median rent (all units)
$1,575/mo
Year-over-Year
Stable
Month-over-Month
+10.5%
vs US Median
-$387
Rising (Monthly)
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Most AffordableMost Expensive
Greenfield · $1,575
More affordable than 71% of US cities · National median $1,962/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $1,575/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$63,000/yr
Local median income
$70,459/yr
Based on the 30%-of-income rule using Greenfield's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,147
1 BR
$1,043
2 BR
$1,217
3 BR
$1,664
Fair Market Rent (HUD)
$1,217/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,575 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: August 17, 2026

Annual cost
$18,900/yr
At $1,575/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +10.5% MoM), not inventory.
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Demographics

Who lives here

Greenfield, WI is roughly split between renters and owners, has a large retiree population, 33.5% of residents hold a bachelor's degree or higher.

Population
37,345
Median income
$70,459
Median age
42
Renters
45.2%
Age distribution
19.1%
22%
23.9%
13.1%
21.9%
Under 1819.1%
18–3422%
35–5423.9%
55–6413.1%
65+21.9%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
68.8%
16.6%
White68.8%
Black4.1%
Hispanic16.6%
Asian7.2%
Other3.2%
Education (25+)
30.1%
30.6%
33.5%
No HS diploma5.8%
HS diploma30.1%
Some college30.6%
Bachelor's+33.5%
Housing tenure
54.8%
45.2%
Owner54.8%
Renter45.2%

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

2021 vs 2026

How Greenfield, WI has changed in 5 years

Income
$62,806 → $70,459
up 12.2%
Population
37,623 → 37,345
down 0.7%
Renter share
43.9% → 45.2%
+1.3 pts
Bachelor's+
30% → 33.5%
+3.5 pts
Median age
43.7 → 42
-1.7 yrs

Census figures show median household income at $70,459 today, compared with $62,806 five years earlier. Bachelor's-degree-or-higher attainment moved from 30% to 33.5% across the same window.

Community

Discussions about Greenfield

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

Can you afford rent in Greenfield on your salary?

At $1,575/mo, how Greenfield rent compares to typical pay (30% rule).

By apartment size

Greenfield rent by bedroom count

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

Local insights

Tips for renters in Greenfield

About renting in Greenfield, WI

Last updated: August 17, 2026

The median rent in Greenfield is $1,575/mo as of August 2026. A studio apartment averages $1,147/mo while a 2-bedroom runs $1,217/mo. One-bedroom apartments average $1,043/mo and 3-bedroom units go for $1,664/mo.

At 27% of local median household income ($70,459/yr), Greenfield ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Greenfield an affordable city for renters?

Greenfield is considered affordable for renters. At $1,575/mo, rent takes approximately 27% of the local median household income ($70,459/yr). The standard benchmark is 30%. Greenfield falls comfortably within that range.

How much income do you need to rent in Greenfield?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,575/mo in Greenfield. The local median household income is $70,459/yr, meaning the typical Greenfield household meets that threshold.

Is rent going up or down in Greenfield?

Rent in Greenfield has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Greenfield rent compare to other cities in Wisconsin?

Greenfield is middle-of-the-pack for Wisconsin for rent, ranking #25 out of 62 tracked cities at $1,575/mo.

Which nearby cities are cheaper to rent in than Greenfield?

Several nearby cities have lower median rents than Greenfield ($1,575/mo): West Allis ($1,332/mo), Milwaukee ($1,458/mo).

What percentage of Greenfield residents rent vs. own?

According to Census data, approximately 45.2% of Greenfield households are renters, while 54.8% are owner-occupied. Greenfield leans toward homeownership, which can mean a smaller rental inventory.

How does Greenfield rent compare to the national average?

Greenfield's median rent of $1,575/mo is $387 (20%) below the US national median of $1,962/mo. Within Wisconsin, it ranks #25 out of 62 tracked cities.
Income Affordability
27%
AFFORDABLE

At $1,575/mo, rent takes ~27% of Greenfield's median household income ($70,459/yr). The standard benchmark is 30%.

Greenfield 27%Benchmark 30%
State income tax3.5–7.65%
Run the Greenfield affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Greenfield, WI

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