Homes for Rent in Nappanee, IN

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What to Know About

Life in Nappanee & Beyond

Nappanee shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Nappanee, IN

As of July 2025, Nappanee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Nappanee's average rent is 26.8% ($339) lower than the Indiana average of $1,263 and 47.9% ($851) lower than the U.S. average of $1,775.

Average Rent
$924
Monthly ChangeMonth Over Month Change
Decreased0.9% ($8)
Yearly ChangeYear Over Year Change
Increased16.2% ($129)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $776 Decreased0.3% ($2) Increased12.1% ($84)
2 Beds $924 Decreased0.9% ($8) Increased16.2% ($129)
3 Beds $1,122 Decreased7% ($85) Increased7.9% ($82)
Nearby Cities Average Rent Avg. Rent vs. NappaneeAverage Rent vs. Nappanee Avg. Days on MarketAverage Days on Market
Bremen $1,004 Increased8.7% ($80) 31 days
Goshen $739 Decreased20% ($185) 30 days
Warsaw $1,462 Increased58.2% ($538) 32 days
Lakeville $1,014 Increased9.7% ($90) 34 days
Elkhart $1,156 Increased25.1% ($232) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Nappanee Rental Market FAQs

Explore rental prices, market trends, and availability in Nappanee, IN.

The average rent in Nappanee, IN is $924 per month.
Homes in Nappanee typically rent for between $600 and $1,459 per month, with an average of $924 per month.
In Nappanee, the average rent for a 1-bedroom home is $776 per month, for a 2-bedroom home, $924 per month, and a 3-bedroom home is $1,122 per month.
The average rent in Nappanee is 47.9% ($851) lower than the national average of $1,775 per month.
The average rent in Nappanee has decreased by 0.9% ($8) in the last month and increased by 16.2% ($129) over the past year.
The rental market in Nappanee, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Nappanee, IN, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 14 rental properties available in Nappanee, IN.
Based on the current averages, a household would need an annual income of $36,960 to comfortably afford a 2-bedroom home in Nappanee.
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