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Homes & Apartments 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 November 2026, Nappanee's rental market is balanced, with rentals spending about 30 days on the market, slower than in Indiana (27), and rents up 4.0% over the past year. Nappanee's average rent is 23.3% ($339) lower than the Indiana average of $1,452 and 45.3% ($923) lower than the U.S. average of $2,036.

Average Rent
$1,113
Monthly ChangeMonth Over Month Change
Increased0.34% ($4)
Yearly ChangeYear Over Year Change
Increased4.0% ($43)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $959 Increased1.00% ($9) Increased5.4% ($49)
2 Beds $1,055 Increased0.10% ($1) Increased3.4% ($35)
3 Beds $1,840 Increased0.56% ($10) Increased3.3% ($58)
Nearby Cities Average Rent Avg. Rent vs. NappaneeAverage Rent vs. Nappanee Days on Market
Milford $1,322 Increased18.8% ($209) 27 days
Wakarusa $1,270 Increased14.1% ($157) 26 days
New Paris $1,615 Increased45.1% ($502) 26 days
Bremen $1,301 Increased16.9% ($188) 27 days
Goshen $1,262 Increased13.4% ($149) 26 days
Based on rentals advertised on RentalSource in and around Nappanee.
Frequently Asked Questions
Nappanee Rental Market FAQs

Explore rental prices, market conditions, and affordability in Nappanee, IN.

The average rent in Nappanee, IN is about $1,113 per month.
In Nappanee, the average rent is about $959 per month for a 1-bedroom home, about $1,055 for a 2-bedroom home and about $1,840 for a 3-bedroom home.
The average rent in Nappanee is 45.3% ($923) lower than the national average of $2,036 per month.
The rental market in Nappanee, IN is currently balanced, with rentals spending about 30 days on the market, slower than in Indiana (27), and rents up 4.0% over the past year.
Based on the current averages, a household would need an annual income of about $42,200 to comfortably afford a 2-bedroom home in Nappanee.
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