In Greensburg, a typical home is worth $191,400 and typical rent is $859 a month. Compared with all of Decatur County, typical household income is 10% lower and the share of households that own their home is 13 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $201,902 to $263,030.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Greensburg is in Decatur County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Decatur County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Rushville, the typical home value is $127,300: 33% less than in Greensburg ($191,400).
2
63% of households in Greensburg own their home, against 76% in Decatur County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Greensburg
What homes there are in Greensburg, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Greensburg
Decatur County
Indiana
United States
Kind of home: Greensburg and its comparisons
Measure
Greensburg
Decatur County
Indiana
United States
Detached house
72%
83%
73%
61%
Attached house
Unreliable estimate
Unreliable estimate
4%
6%
Building of 2 to 4
10%
5%
6%
8%
Apartments (5 or more)
14%
7%
13%
19%
Mobile home
Unreliable estimate
3%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Greensburg, 7 in 10 homes are single-family detached houses; in Decatur County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or later
Greensburg
Decatur County
Indiana
United States
Year built: Greensburg and its comparisons
Measure
Greensburg
Decatur County
Indiana
United States
Before 1960
36%
36%
31%
26%
1960–1979
22%
23%
24%
24%
1980–1999
24%
24%
23%
25%
2000–2009
11%
10%
12%
14%
2010 or later
8%
8%
10%
11%
By age, homes in Greensburg look like those in Decatur County: the typical year built is 1973.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K16%
$100K–$200K37%
$200K–$300K36%
$300K–$500K8%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Greensburg and its comparisons
Measure
Greensburg
Under $100K
16%
$100K–$200K
37%
$200K–$300K
36%
$300K–$500K
8%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
At least 97% of owner-occupied homes in Greensburg are worth less than $500,000, below the FHA loan limit for Decatur County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99963%
$1,000–$1,49923%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Greensburg and its comparisons
Measure
Greensburg
Under $500
Unreliable estimate
$500–$999
63%
$1,000–$1,499
23%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,221 a month
Decatur County: $1,256 a month
Without a mortgage
$455 a month
Decatur County: $470 a month
Owners with a mortgage
62%
Decatur County: 60%
Owning costs about the same in Greensburg as in Decatur County: with a mortgage, $1,221 a month; without one, $455.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Greensburg+58%
Decatur County+48%
Indiana+54%
United States+53%
Typical rent
Greensburg+11%
Decatur County+9%
Indiana+29%
United States+33%
Typical household income
Greensburg+16%
Decatur County+20%
Indiana+28%
United States+29%
Change since 2015–2019: Greensburg and its comparisons
Measure
Greensburg
Decatur County
Indiana
United States
Typical home value
+58%
+48%
+54%
+53%
Typical rent
+11%
+9%
+29%
+33%
Typical household income
+16%
+20%
+28%
+29%
Since 2015–2019, homes in Greensburg gained value faster than in Decatur County: 58% against 48%.
Much as in Decatur County, the typical rent in Greensburg rose 11% since 2015–2019.
The typical household income in Greensburg rose 16% over that time; home values changed +58% and rent +11%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Greensburg and its comparisons
Measure
Greensburg
Decatur County
Indiana
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.6%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
1.8%
3.4%
People per household
2.23
2.42
2.46
2.53
Drive alone
80%
79%
76%
69%
Carpool
9%
8%
9%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
2%
3%
Work from home
9%
11%
11%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.23 on average, against 2.42 in Decatur County.
In Greensburg, 80% of workers drive alone to work; in Decatur County, 79%.
Do the math
What would you pay each month for a home in Greensburg?
A typical home is tight for the typical income
We start with a typical home in Greensburg, worth $191,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Greensburg, which is $62,655 a year. For that payment to be 28% of income, a household would need to earn about $66,120 a year.
The calculator's FHA and conventional loan limits are those of all of Decatur County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Greensburg. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,699 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,543
at 7.18% · 30 years
Loan amount
$187,933
Total interest
$270,392
Paid off in
November 2056
Includes $3,232 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,462 a month
Tight
$1,462 to $1,880 a month
Your payment · 30%
Hard
more than $1,880 a month
Compared with the typical household income in Greensburg ($62,655 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,273
Property tax
$105
Home insurance
$80
FHA mortgage insurance (MIP)
$85
You need at least $6,699 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,543; principal and interest $1,273.
The city and its county
Greensburg and Decatur County
Greensburg is in Decatur County, Indiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Greensburg
Map of Decatur County, Indiana, with Greensburg marked. Around it, the neighboring counties.
Greensburg
Decatur County
Other cities with a page
Greensburg's own numbers
Typical home value
$191,400
Typical monthly rent
$859
Typical yearly household income
$62,655
Households that own their home
63%
Effective property tax rate
0.66%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Decatur County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,112
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
1.4%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Decatur County.
A typical home in Greensburg is worth $191,400: 4% below the county and 12% below Indiana. With the typical household income in Greensburg ($62,655 a year), a typical home costs 3.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Greensburg3.1 years
Decatur2.9 years
Indiana3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Decatur County
According to FHFA’s house price index, home prices in Decatur County rose 89% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Decatur County.
Yearly change in FHFA’s price index in Decatur County, 2016 to 2025
2016: +4.2% +4.2% 2016
2017: +3.7% +3.7% 2017
2018: +3.3% +3.3% 2018
2019: +6.6% +6.6% 2019
2020: +6.4% +6.4% 2020
2021: +10.5% +10.5% 2021
2022: +10.8% +10.8% 2022
2023: +12.8% +12.8% 2023
2024: +7.7% +7.7% 2024
2025: +0.5% +0.5% 2025
Change in FHFA’s price index in Decatur County, Indiana and the United States
Period
County
Indiana
U.S.
Last year (2025)
+0.5%
+4.3%
+2.9%
5 years (2020–2025)
+50%
+53%
+47%
10 years (2015–2025)
+89%
+95%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Greensburg next to Decatur County, Indiana and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Greensburg$191,400
Decatur$199,100
Indiana$218,200
United States$332,700
Typical monthly rent
Greensburg$859
Decatur$861
Indiana$1,062
United States$1,413
Typical yearly household income
Greensburg$62,655
Decatur$69,783
Indiana$71,957
United States$80,734
See the full table
Greensburg next to Decatur County and Indiana
Measure
Greensburg
Decatur County
Indiana
U.S.
Typical home value
$191,400 ▼4% below the county
$199,100
$218,200
$332,700
Typical monthly rent
$859
$861
$1,062
$1,413
Typical yearly household income
$62,655 ▼10% below the county
$69,783
$71,957
$80,734
Households that own their home
63% ▼13 points below the county
76%
71%
65%
Typical yearly property tax
$1,270 ▲3% above the county
$1,230
$1,614
$3,119
Effective property tax rate
0.66% ▲0.04 points above the county
0.62%
0.74%
0.94%
Renters with high rent for their income
38% ▲2 points above the county
36%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Decatur County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Greensburg
For a typical $191,400 home in Greensburg, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Greensburg's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,543a month
Least cash to close
Down payment
$6,699
Cash to close
$12,441
Rate
7.18%
Mortgage insurance
FHA MIP · $85
Conventional, 5% down$1,508a month
Down payment
$9,570
Cash to close
$15,312
Rate
7.18%
Mortgage insurance
PMI · $91
Conventional, 20% down, no PMI$1,222a month
Down payment
$38,280
Cash to close
$44,022
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,399a month
Down payment
$28,710
Cash to close
$34,452
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Greensburg
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,543
$6,699
$187,933
7.18%
FHA MIP · $85
$12,441
580
Conventional, 5% down
$1,508
$9,570
$181,830
7.18%
PMI · $91
$15,312
620*
Conventional, 20% down, no PMI
$1,222
$38,280
$153,120
7.18%
None
$44,022
620*
ITIN, 15% down (example)
$1,399
$28,710
$162,690
8.18%
None
$34,452
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Greensburg is $859 a month: about the same as the county. In Greensburg, 38% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Decatur County, by unit size. To pay the 2-bedroom one ($1,112 a month) without spending more than 30% of your income, you would need to earn $21.38 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Decatur County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$832
$16.00
$33,280
1 bedroom
$850
$16.35
$34,000
2 bedrooms
$1,112
$21.38
$44,480
3 bedrooms
$1,325
$25.48
$53,000
4 bedrooms
$1,461
$28.10
$58,440
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Greensburg
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Greensburg is in ZIP code 47240.
For 2 bedrooms it is $1,120: $8 more than the fair market rent for Decatur County ($1,112).
Fair market rent by ZIP code and size in Greensburg, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
47240
$840
$860
$1,120
$1,340
$1,560
ZIP code2 bd3 bd
47240 $1,120$1,340
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Greensburg when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 11 buildings with rents for lower incomes in Greensburg. These are the largest.
Windermere Apts1300 N Brantford Dr, Greensburg 4724080 homes, 76 low-income · 1 bd: 6 · 2 bd: 40 · 3 bd: 26 · 4 bd: 8 · In service since 2003
Tree City Estates2015 Moscow Rd, Greensburg 4724060 low-income homes · 1 bd: 4 · 2 bd: 14 · 3 bd: 36 · 4 bd: 6 · In service since 2010 · For people with disabilities, families, people experiencing homelessness
Skybird Manor Apts302 E 10th St, Greensburg 4724060 homes, 59 low-income · For older adults(812) 663-2200
Grace Lutheran Community737 N West St, Greensburg 4724040 low-income homes · For older adults(812) 663-6265
September Place Apartments720 W Washington St, Greensburg 4724040 low-income homes · For older adults(812) 663-2332
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Decatur County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Greensburg or Decatur County. The ones below are statewide in Indiana: they work in Greensburg the same as in the rest of the state.
Indiana state agency program with down payment assistance of 2.5% or 3.5% of the price, alongside a 30-year FHA or conventional mortgage.Offered by Indiana Housing and Community Development Authority (IHCDA).
Indiana state agency 30-year FHA or conventional mortgage for first-time buyers (or homes in designated areas), with down payment assistance as a second mortgage with no interest or payments, repaid when the first mortgage ends.Offered by Indiana Housing and Community Development Authority (IHCDA).
No legal help resource on our list is for Greensburg or Decatur County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Greensburg and all of Decatur County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Greensburg?
The typical home value in Greensburg is $191,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Decatur County it is $199,100.
How much does it cost to rent in Greensburg?
Typical rent in Greensburg is $859 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Decatur County is $1,112.
What is the FHA loan limit in Greensburg?
Greensburg uses the FHA limit for all of Decatur County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Greensburg?
The typical homeowner in Greensburg pays $1,270 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Decatur County, the rate is 0.62%.
Where can I find free help to buy or rent in Greensburg?
We found no HUD-approved counseling agencies with an office in Decatur County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
