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

Wabash, IN

As of July 2025, Wabash's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Wabash's average rent is 32.0% ($404) lower than the Indiana average of $1,263 and 51.6% ($916) lower than the U.S. average of $1,775.

Average Rent

$859

Monthly ChangeMonth Over Month Change

0.6% ($5)

Yearly ChangeYear Over Year Change

22% ($155)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$707	1% ($7)	1.3% ($9)
2 Beds	$842	0.4% ($3)	5% ($40)
3 Beds	$1,022	5.9% ($64)	2.6% ($27)

Nearby Cities	Average Rent	Avg. Rent vs. WabashAverage Rent vs. Wabash	Avg. Days on MarketAverage Days on Market
Somerset	$837	2.6% ($22)	29 days
North Manchester	$911	6.1% ($52)	32 days
Peru	$927	7.9% ($68)	32 days
Marion	$915	6.5% ($56)	33 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Wabash Rental Market FAQs

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

What is the average rent in Wabash, IN?

The average rent in Wabash, IN is $859 per month.

What is the rental price range for houses in Wabash, IN?

Houses in Wabash typically rent for between $600 and $1,329 per month, with an average of $859 per month.

What is the average rent for different bedroom sizes in Wabash, IN?

In Wabash, the average rent for a 1-bedroom house is $707 per month, for a 2-bedroom house, $842 per month, and a 3-bedroom house is $1,022 per month.

How do rent prices in Wabash, IN compare with the national average?

The average rent in Wabash is 51.6% ($916) lower than the national average of $1,775 per month.

How have rent prices in Wabash, IN changed recently?

The average rent in Wabash has decreased by 0.6% ($5) in the last month and increased by 22.0% ($155) over the past year.

How competitive is the rental market in Wabash, IN?

The rental market in Wabash, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Wabash, IN?

In Wabash, IN, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Wabash, IN?

There are currently 3 rental properties available in Wabash, IN.

Can I afford to rent a house in Wabash, IN?

Based on the current averages, a household would need an annual income of $33,680 to comfortably afford a 2-bedroom house in Wabash.