CostBy County

Cost of Living in Greene County, Indiana

$797/mo
Median Monthly Rent
$153,200
Median Home Value

At a Glance

Median Monthly Rent
$797/mo
13% below state average
Median Home Value
$153,200
54% below national
Census GRAPI
27.0%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Greene County Compares

Median monthly rent comparison

Greene County$797/mo
Indiana Average$911/mo
National Median$1,413/mo

Detailed Housing Stats

$797/mo
Median Gross Rent
$153,200
Median Home Value
$789/mo
Monthly Owner Cost
27.0%
Census GRAPI

National Ranking

Affordability Rank

Greene County ranks #1,142 of 3,142 counties for affordability (top 36%)

Most AffordableLeast Affordable

Sourced county brief

Greene County Median Gross Rent Estimated at $797

Median gross rent in Greene County was estimated at $797 per month, which is below the Indiana unweighted county mean of $911. For households in renter-occupied units, the median gross rent as a percentage of household income, or official ACS B25071 GRAPI, was 27.0%. This figure is 0.1 percentage points above the state unweighted county mean of 26.9%. The median renter-household income was recorded at $31,548. Among homeowners, the median home value was $153,200 and the median selected monthly owner costs were $789. These are both below the state unweighted county means of $191,899 and $951, respectively. All data points are sourced from the U.S. Census Bureau ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Greene County

Affordability Verdict

ACS B25071 estimates median gross rent at 27.0% of renter household income in Greene County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $797 per month; median selected monthly owner costs are $789. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $31,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Indiana unweighted mean of county median rents is $911 per month. Greene County's $797 median is 12.5% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Greene County

$

Rent Burden

15.4%

of gross income

Max Housing (28% Rule)

$1,449

per month

Owner Cost Burden

15.2%

of gross income

You can likely afford the median home in Greene County

Median home value is $153,200. Estimated monthly cost: $1,223 vs. your max of $1,449.

Rent Affordability Guide

Your entered rent as a share of entered income15.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,094Needed: $31,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,094Needed: $33,814
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,094Needed: $35,654

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Greene County, Indiana?
Greene County, Indiana has a median monthly rent of $797/mo and a median home value of $153,200. The affordability rating is Affordable, with median gross rent equal to approximately 27.0% of renter household income.
What is the median rent in Greene County?
The median gross rent in Greene County is $797/mo. This is 13% below state average for Indiana.
Is Greene County affordable?
Greene County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 27.0%. Median gross rent is under 30% of renter household income.
How does Greene County's rent compare to the state average?
Greene County's median rent of $797/mo is 13% below state average of $911/mo for Indiana.
What is the median home value in Greene County?
The median home value in Greene County, Indiana is $153,200. This is 54% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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