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City · 36,369 residents · Hendricks County, Indiana

Plainfield , Indiana

In Plainfield, a typical home is worth $280,600 and typical rent is $1,499 a month. Compared with all of Hendricks County, typical household income is 14% lower, the typical home value is 9% lower, and the share of households that own their home is 16 points lower.

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  • Typical home value

    $280,600

    9% below the county

    29% above Indiana

    • Plainfield
    • Hendricks
    • Indiana

  • Typical rent

    $1,499a month

    4% above the county

    41% above Indiana

    • Plainfield
    • Hendricks
    • Indiana

  • Typical household income

    $87,272a year

    14% below the county

    21% above Indiana

    • Plainfield
    • Hendricks
    • Indiana

  • Households that own their home

    62%

    16 points below the county

    8 points below Indiana

    • Plainfield
    • Hendricks
    • Indiana

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$333,979
1.6% more than 12 months ago
Typical rent
$1,722 a month
3% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Plainfield is in Hendricks 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 Hendricks County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Plainfield apart

What this place has that others do not, from public data, most unusual first.

  1. 62% of households in Plainfield own their home, against 78% in Hendricks County.

  2. Nearby, in Mooresville, the typical rent is $1,089: 27% less than in Plainfield ($1,499).

  3. Nearby, in Mooresville, the typical home value is $206,400: 26% less than in Plainfield ($280,600).

  4. Plainfield has the 13th highest typical rent of the 132 cities in Indiana with more than 5,000 people ($1,499).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Plainfield

What homes there are in Plainfield, 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

The detached house is still the most common home in Plainfield, but it weighs less than in Hendricks County: 64% against 80%.

Year built

By age, homes in Plainfield look like those in Hendricks County: the typical year built is 2000.

There are fewer big homes in Plainfield than in Hendricks County: 62% have 3 bedrooms or more, against 77%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

About 95% of owner-occupied homes in Plainfield are worth less than the FHA loan limit for Hendricks County ($541,287).

Monthly rent with utilities

With a mortgage

$1,569 a month

Hendricks County: $1,710 a month

Without a mortgage

$579 a month

Hendricks County: $622 a month

Owners with a mortgage

66%

Hendricks County: 71%

The typical cost for an owner with a mortgage in Plainfield is $1,569 a month, less than in Hendricks County ($1,710); without one, $579.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Plainfield rose 65%; in Hendricks County, it rose 61%.

Since 2015–2019, the typical rent in Plainfield rose 50%, more than in Hendricks County (34%).

The typical household income in Plainfield rose 43%: less than home values (+65%) and rent (+50%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePlainfieldHendricks CountyIndianaUnited States
Rental vacancy Unreliable estimate5.2%5.6%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room Unreliable estimate1.2%1.8%3.4%
People per household 2.522.662.462.53
Drive alone 75%76%76%69%
Carpool 7%7%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 14%15%11%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.52 on average, against 2.66 in Hendricks County.

The car rules in Plainfield: 75% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Plainfield?

A typical home is tight for the typical income

We start with a typical home in Plainfield, worth $280,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Plainfield, which is $87,272 a year. For that payment to be 28% of income, a household would need to earn about $98,037 a year.

The calculator's FHA and conventional loan limits are those of all of Hendricks County.

Your numbers

Local data
$

Starts at the typical home value in Plainfield. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,821 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,288

at 7.18% · 30 years

Loan amount
$275,518
Total interest
$396,405
Paid off in
November 2056

Includes $4,739 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,036 a month

  • Tight

    $2,036 to $2,618 a month

    Your payment · 31%

  • Hard

    more than $2,618 a month

Compared with the typical household income in Plainfield ($87,272 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,288
Principal & interest$1,866
Property tax$180
Home insurance$117
FHA mortgage insurance (MIP)$124

You need at least $9,821 for the down payment, plus closing costs.

Next step

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.

The city and its county

Plainfield and Hendricks County

Plainfield is in Hendricks 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).

Plainfield's own numbers

Typical home value
$280,600
Typical monthly rent
$1,499
Typical yearly household income
$87,272
Households that own their home
62%
Effective property tax rate
0.77%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Hendricks County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,536
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.7%

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 Hendricks County.

Everything about Hendricks County

Buying

Buying a home in Plainfield

A typical home in Plainfield is worth $280,600: 9% below the county and 29% above Indiana. With the typical household income in Plainfield ($87,272 a year), a typical home costs 3.2 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.

  • Plainfield 3.2 years
  • Hendricks 3.0 years
  • Indiana 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Hendricks County

According to FHFA’s house price index, home prices in Hendricks County rose 94% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Hendricks County.

Period County Indiana U.S.
Last year (2025) +2.5% +4.3% +2.9%
5 years (2020–2025) +51% +53% +47%
10 years (2015–2025) +94% +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

Plainfield next to Hendricks 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
  • Plainfield $280,600
  • Hendricks $307,600
  • Indiana $218,200
  • United States $332,700
Typical monthly rent
  • Plainfield $1,499
  • Hendricks $1,436
  • Indiana $1,062
  • United States $1,413
Typical yearly household income
  • Plainfield $87,272
  • Hendricks $101,144
  • Indiana $71,957
  • United States $80,734
See the full table
Plainfield next to Hendricks County and Indiana
Measure Plainfield Hendricks County Indiana U.S.
Typical home value $280,600 $307,600 $218,200 $332,700
Typical monthly rent $1,499 $1,436 $1,062 $1,413
Typical yearly household income $87,272 $101,144 $71,957 $80,734
Households that own their home 62% 78% 71% 65%
Typical yearly property tax $2,153 $2,482 $1,614 $3,119
Effective property tax rate 0.77% 0.81% 0.74% 0.94%
Renters with high rent for their income 43% 47% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hendricks 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 Plainfield

For a typical $280,600 home in Plainfield, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Plainfield's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,288a month

    Least cash to close
    Down payment
    $9,821
    Cash to close
    $18,239
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $124

  • Conventional, 5% down $2,236a month

    Down payment
    $14,030
    Cash to close
    $22,448
    Rate
    7.18%
    Mortgage insurance
    PMI · $133

  • Conventional, 20% down, no PMI $1,818a month

    Down payment
    $56,120
    Cash to close
    $64,538
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,077a month

    Down payment
    $42,090
    Cash to close
    $50,508
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Plainfield and for Hendricks County.

Property tax

Effective rate in Plainfield

0.77%of the home’s value each year

$2,153 a year for the typical owner in Plainfield.

  • Plainfield 0.77%
  • Hendricks 0.81%
  • Indiana 0.74%

What Indiana publishes Homestead standard deduction: the amount drops each year (Indiana Department of Local Government Finance (DLGF), Form HC10)

Exemptions and deadlines in Indiana

Flood risk in Hendricks County

FEMA does not publish these numbers by city: they are for all of Hendricks County.

Homes in the high-risk zone
0.7%
386
Of those, with NFIP insurance
18%
County Indiana U.S.
Homes in the high-risk zone 0.7% 2.3% 3.5%
Of those, with NFIP insurance 18% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Plainfield

Typical rent in Plainfield is $1,499 a month: 4% above the county. In Plainfield, 43% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Hendricks County, by unit size. To pay the 2-bedroom one ($1,536 a month) without spending more than 30% of your income, you would need to earn $29.54 an hour working full time.

HUD fair market rent for all of Hendricks County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,187 $22.83 $47,480
1 bedroom $1,336 $25.69 $53,440
2 bedrooms $1,536 $29.54 $61,440
3 bedrooms $1,991 $38.29 $79,640
4 bedrooms $2,425 $46.63 $97,000

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 Plainfield

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Plainfield has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,740 in 46168 to $1,980 in 46231.

2 of the 2 are above the fair market rent for Hendricks County ($1,536).

  • 46168 $1,740$2,260
  • 46231 $1,980$2,570

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Plainfield 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Plainfield

HUD lists 4 buildings with rents for lower incomes in Plainfield. These are the largest.

  • Gladden Farms Apts I 311 Country Ln, Plainfield 46168 140 low-income homes · 1 bd: 24 · 2 bd: 64 · 3 bd: 24 · 4 bd: 28 · In service since 1996
  • Mill Run Apartments 230 Mill Run Dr, Plainfield 46168 116 low-income homes · For families (317) 839-5055
  • Gladden Farms Apts II 311 Country Ln, Plainfield 46168 80 low-income homes · 2 bd: 32 · 3 bd: 31 · 4 bd: 17 · In service since 1997
  • Kinnley Court 3650 Clarks Creek Rd, Plainfield 46168 64 low-income homes · 1 bd: 20 · 2 bd: 44 · In service since 2018 · For older adults

See all 15 buildings in Hendricks County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Plainfield

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 Hendricks County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Plainfield

No down payment, repair or rent-help program on our list is for Plainfield or Hendricks County. The ones below are statewide in Indiana: they work in Plainfield the same as in the rest of the state.

Which programs do I qualify for? All programs in Indiana

  • Next Home

    Statewide in Indiana

    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).

    Type not stated

    See the program Official page

  • First Step

    Statewide in Indiana

    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).

    Deferred

    See the program Official page

Housing counselors near Plainfield

The HUD-approved agencies closest to the center of Plainfield, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Indianapolis Neighborhood Housing Partnership

    2690 N Meridian St, Indianapolis · 14 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (317) 610-4663

  • Intend Indiana, Inc

    1704 Bellefontaine St, Indianapolis · 14 miles away · Spanish

    • Pre-purchase counseling
    • Homebuyer education workshops
    (317) 924-8116

  • Indianapolis Neighborhood Housing Partnership Homeownership Center at Glendale

    2960 N Meridian St, Indianapolis · 14 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (317) 610-4663

All counseling agencies in Indiana

Help in Spanish near Plainfield

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Plainfield

HUD lists no housing authority with an office in Hendricks County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Indiana Source: HUD

Cities

Other cities in Hendricks County

These cities are also in Hendricks County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Hendricks County Housing in Indiana

Nearby cities

The cities closest to Plainfield, with the typical home value.

Neighboring counties

If Hendricks County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Plainfield.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Plainfield

Short answers with the numbers for Plainfield and all of Hendricks 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 Plainfield?

The typical home value in Plainfield is $280,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hendricks County it is $307,600.

How much does it cost to rent in Plainfield?

Typical rent in Plainfield is $1,499 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hendricks County is $1,536.

What is the FHA loan limit in Plainfield?

Plainfield uses the FHA limit for all of Hendricks 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 Plainfield?

The typical homeowner in Plainfield pays $2,153 a year, according to the U.S. Census Bureau. That is 0.77% of the home’s value; in Hendricks County, the rate is 0.81%.

Where can I find free help to buy or rent in Plainfield?

We found no HUD-approved counseling agencies with an office in Hendricks County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).