5+ Days Ago
Highlights
Pet Friendly
- Spacious rooms
- On-site management
- Small town feel
- High ceilings
- Elevator in building
Location
316 W Walnut St, Greensburg, IN 47240, USA
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Property Overview
Jerman Place earns an impressive overall Zumper Expert Rating of 8.5, showcasing its excellent amenities and competitive pricing. Featuring spacious rooms, high ceilings, and on-site management, it also benefits from a prime location, with top-rated schools nearby and numerous pet-friendly resources. With strong ratings in value and location, this property presents an attractive option for those seeking quality living.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- High school nearby
- Less expensive
Great for
Pet owners
Floor plans
| 1/1 | 1 bed | 1 bath | 721 sqft | $750 /mo | |||
| 2/1 | 2 bed | 1 bath | 934 sqft | $925 /mo |
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Amenities for Jerman Place
Apartment Amenities
| Air Conditioning | Central Heat |
| Heating | Linen Closet |
| Pantry | Vintage |
| Vinyl Flooring | Washer/Dryer Hookups |
Appliances
| Range | Refrigerator |
Building
| Cats OK | Dogs OK |
| Elevator |
Services
| On-Site Maintenance | On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Application Fee
One-time.
Contact Property
REQUIRED FEES
Admin Fee
One-time.
$50
Security Deposit
One-time. Refundable.
Contact Property
OPTIONAL FEES
Dog Policy
Allowed
Limit1
Breed restrictionsYes
pet fee $20/month and $150 pet fee at move in
Cat Policy
Allowed
Limit1
Cat
Pet Terms
1 cat max.
Pet Fee
One-time fee per pet.
$0
Pet Deposit
One-time deposit per pet.
$0
Dog
Pet Terms
1 dog max.
Pet Fee
One-time fee per pet.
$0
Pet Deposit
One-time deposit per pet.
$0
Questions about this property’s policies and fees?
Building details
Property details
| Units | 36 |
|---|
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About Jerman Place
Jerman Place offers charming residential multi-family living at 316 W Walnut St, Greensburg, IN. This vintage building features convenient amenities, including onsite management, onsite maintenance, and an elevator for easy access. Residents enjoy a well-maintained environment with attentive service. Pet owners will appreciate that small dogs and cats are welcome with a $20 monthly pet fee and a $150 fee at move-in. Experience comfortable living in a classic setting with modern conveniences at Jerman Place. Jerman Place is located in Decatur County right off I-74, midway between Indianapolis and Cincinnati. Greensburg offers a small-town feel with fast access to metropolitan dining, culture, sports, and entertainment. Highly rated school system and home to companies in a broad range of sectors such as food production, logistics, distribution, and manufacturing, including Honda Manufacturing of Indiana.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Jerman Place is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Jerman Place has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Jerman Place offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Jerman Place goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Jerman Place receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Jerman Place is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Jerman Place does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Jerman Place provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Jerman Place is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Jerman Place compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 171 sqft larger than other listings nearby
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Greensburg
1-bedroom apartments here are priced 3% lower than 1-bedrooms in Greensburg.
If you decide to upgrade your space, you can expect 2-bedrooms at Jerman Place to be 16% less than the average for similarly sized apartments in Greensburg.
Median rents as of Mar 7 2026.
Greensburg
| Month | Median Rent |
|---|---|
| March 2024 | $650 |
| April 2024 | $662 |
| May 2024 | $625 |
| June 2024 | $625 |
| May 2025 | $775 |
| August 2025 | $750 |
| September 2025 | $772 |
| October 2025 | $763 |
| November 2025 | $762 |
| February 2026 | $775 |
| March 2026 | $775 |
Affordability calculator
Can I afford to live at 316 W Walnut St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 1-bedroom monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Schools near Jerman Place
Greensburg Elementary School
900 n big blue ave
greensburg, IN, 47240
PK, K-5Public
B+
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Internet available near Jerman Place
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Greensburg near 316 W Walnut St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 316 W Walnut St, Greensburg
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within walking distance
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