Cost of Living in Greene County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Greene County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Greene County, Indiana
Greene keeps housing manageable
Greene County renters spend just 15.8% of income on rent—below the state average and competitive nationally—despite earning $59,753, about 20% less than the U.S. median. At $788 monthly, Greene offers some of Indiana's cheapest rents without sacrificing rural livability.
Indiana's affordability sweet spot
Greene's 15.8% rent-to-income ratio edges just above Indiana's 15.6% average, placing it among the state's most balanced housing markets. The median rent of $788 is the second-lowest in this group, undercutting the state average by $95 monthly.
Best value in south-central Indiana
Greene's $788 rent and $129,900 median home value offer solid value against nearby counties, trailing only Grant in rental pricing while maintaining stronger incomes ($59,753 vs. Grant's $54,007). The combination makes Greene attractive for budget-conscious households seeking rural stability.
Greene's balanced housing equation
Renters allocate $788 monthly while homeowners pay $742—making ownership the more affordable path and freeing roughly 15% of the $59,753 median income for non-housing needs. This leaves Greene residents among the most balanced in the analysis.
Rural Indiana's underrated gem
Greene County delivers rare affordability: low rents, achievable home prices, and reasonable income-to-housing ratios in a quiet, rural setting. If you're weighing south-central Indiana options, Greene's fundamentals outpace Grant County's lower absolute costs and match or beat nearby alternatives.
Affordability Calculator
See how your income compares to housing costs in Greene County
Rent Burden
15.8%
of gross income
Max Housing (28% Rule)
$1,394
per month
Owner Cost Burden
14.9%
of gross income
You can likely afford the median home in Greene County
Median home value is $129,900. Estimated monthly cost: $1,037 vs. your max of $1,394.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.