Greencastle, IN rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Greencastle, IN is $1,200.

Average rent

$1,200

Month-over-month change

+$300

Year-over-year change

-$44

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $450 to $2,500.

Rent frequencies
Rent priceNumber of rental properties
$01
$9002
$1,1001
$1,2002
$1,3001
$1,4001
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has decreased by $44 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$800$950
Feb$800$1,100
Mar$800$1,200
Apr$650$1,000
May$1,200$1,200
Jun$890$875
Jul$990$900
Aug$850$900
Sep$1,100No data
Oct$950No data
Nov$850No data
Dec$950No data

Market temperature

The Greencastle, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Greencastle, IN is 43% lower than the national average.

Greencastle, INvs.

$1,200

$2,100

Rent in Greencastle, IN

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Frequently asked questions

1. What is the average rent in Greencastle, IN?

The average rent in Greencastle, IN is $1,200.

2. How much does it cost to rent a house in Greencastle, IN?

Houses in Greencastle, IN rent between $450 - $2,500 with an average rent of $1,200.

3. How has the rent in Greencastle, IN changed in the last year?

In the last year, the rent in Greencastle, IN decreased by $44

4. How much has the rent in Greencastle, IN increased/decreased in the last month?

In the last month, the rent in Greencastle, IN increased by $300

5. How many available rentals are there in Greencastle, IN?

There are currently 7 rentals available in Greencastle, IN.

6. How do rent prices in Greencastle, IN compare with the national average?

The average rent in Greencastle, IN is $1,200 — 42.86% lower the national average of $2,100.

Zip codes in Greencastle, IN