Last updated
Average Rent in Westfield 46074 & Rent Trends
Rent prices and market trends across 5 apartment communities in Westfield 46074, Westfield, IN. Updated daily.
Market Average
$2,377/mo
▲ +0.9% from last month
Lowest Available
$2,200/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
19
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Westfield 46074 vs Westfield, IN Average
Westfield 46074 is more expensive than the Westfield, IN average by $540/mo (29%). The citywide average is $1,837/mo across all neighborhoods.
Is Rent Going Up or Down in Westfield 46074?
As of October 2026, the average rent in Westfield 46074 is $2,377 per month across 5 apartment communities and 19 available units. Rents have increased $20 (0.9%) over the past month.
The most affordable option is Hamilton Square Apartments starting at $2,200/mo. By unit type, a 3-bedroom averages $2,377/mo.
Prices range from $2,200 to $3,200 per month. The most common price point is the $2,200 range, where 15 units are currently listed.
Westfield 46074 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,632 | - | 5 |
| August 2026 | $1,742 | +$110 | 6 |
| September 2026 | $1,754 | +$12 | 6 |
| October 2026 | $1,721 | -$33 | 6 |
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.
Rent Price Distribution
Rent by Bedroom Type in Westfield 46074
Rent Prices by Apartment in Westfield 46074
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Hamilton Square Apartments | $2,200/mo | $2,200/mo | 1 | 4.5 |
| The Carlyle at Chatham Hills | $2,225/mo | $2,325/mo | 11 | 5 |
| Maple Knoll | $2,257/mo | $2,302/mo | 3 | 4.6 |
| The James at Chatham Hills | $2,300/mo | $2,300/mo | 1 | 4.4 |
| Farmhouse at Lantern Commons | $2,445/mo | $2,730/mo | 3 | 4.6 |
Frequently Asked Questions About Rent in Westfield 46074
What is the average rent in Westfield 46074?
Is rent going up or down in Westfield 46074?
What is the cheapest apartment in Westfield 46074?
How many apartments are available in Westfield 46074?
What salary do I need to live comfortably in Westfield 46074?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$95,000/year
Based on the 30 percent rule, using our tracked average rent of $2,377/mo.
Comfortable income
$114,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,200/mo), you need to earn at least $88,000/year.
Median household income in Westfield 46074 is $119,598 , about 5% above the comfortable-living threshold.
Cost of living in Westfield 46074
Overall prices in Westfield 46074 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 46074's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,377 |
| Utilities | $374 |
| Groceries | $512 |
| Transportation | $892 |
| Healthcare | $435 |
| Other goods and services | $696 |
| Estimated total | $5,286/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.
Google Search Trends for Westfield 46074 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Westfield 46074 Apartments
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