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Average Rent in Westfield, IN & Rent Trends

Rent prices and market trends across 5 apartment communities in Westfield, IN. Updated daily.

Market Average

$1,843/mo

Lowest Available

$1,184/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

134

available now

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Is Rent Going Up or Down in Westfield, IN?

As of October 2026, the average rent in Westfield, IN is $1,843 per month across 5 apartment communities and 134 available units.

The most affordable option is Hamilton Square Apartments starting at $1,184/mo. By unit type, a 1-bedroom averages $1,617/mo, a 2-bedroom averages $1,883/mo, a 3-bedroom averages $2,494/mo.

Prices range from $1,184 to $3,200 per month. The most common price point is the $1,600 range, where 56 units are currently listed.

Westfield, IN Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,669 - 8
August 2026 $1,730 +$61 10
September 2026 $1,757 +$27 10
October 2026 $1,741 -$16 10

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Westfield, IN

1 Bed
$1,617
from $1,264 · 36 units
2 Bed
$1,883
from $1,184 · 91 units
3 Bed
$2,494
from $2,204 · 7 units

Rent Prices by Apartment in Westfield, IN

Property Starting at Average Units Rating
Hamilton Square Apartments $1,184/mo $1,468/mo 4 4.5
Maple Knoll $1,306/mo $1,675/mo 38 4.6
Farmhouse at Lantern Commons $1,450/mo $2,027/mo 26 4.6
GrandView 55+ Luxury Living $1,575/mo $1,891/mo 65 4.8
Redwood Westfield Hamilton Way $1,874/mo $1,874/mo 1 4.8

Frequently Asked Questions About Rent in Westfield, IN

What is the average rent in Westfield, IN?

The average rent in Westfield, IN is $1,843 per month as of October 2026, based on 134 units across 5 apartment communities.

Is rent going up or down in Westfield, IN?

The current average rent in Westfield, IN is $1,843/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Westfield, IN?

The most affordable apartment in Westfield, IN is Hamilton Square Apartments with units starting at $1,184/mo.

How much is a 1-bedroom apartment in Westfield, IN?

A 1-bedroom apartment in Westfield, IN averages $1,617/mo, with prices starting at $1,264/mo across 36 available units.

How many apartments are available in Westfield, IN?

There are 134 units available across 5 apartment communities in Westfield, IN.

What salary do I need to live comfortably in Westfield, IN?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$74,000/year

Based on the 30 percent rule, using our tracked average rent of $1,843/mo.

Comfortable income

$88,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,184/mo), you need to earn at least $47,000/year.

Median household income in Westfield, IN is $119,598 , about 35% above the comfortable-living threshold.

Cost of living in Westfield, IN

Overall prices in Westfield, IN runs below the national average by about 5% (BEA Regional Price Parity index 94.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Westfield, IN's regional price parities.

Category Monthly estimate
Rent (market average) $1,843
Utilities $374
Groceries $512
Transportation $892
Healthcare $435
Other goods and services $696
Estimated total $4,752/mo

Population

51,109

Median household income

$119,598

Census median rent

$1,526/mo

Census rent burden

26.2%

Median age

36.6

Mean commute

25 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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