Homes & Apartments for Rent in Wabash, IN

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What to Know About

Life in Wabash & Beyond

Wabash 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

Wabash, IN

As of June 2026, Wabash's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Wabash's average rent is 44.6% ($574) lower than the Indiana average of $1,287 and 60.3% ($1,084) lower than the U.S. average of $1,797.

Average Rent
$713
Monthly ChangeMonth Over Month Change
Increased2.1% ($15)
Yearly ChangeYear Over Year Change
Decreased17.5% ($151)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $678 Decreased0.7% ($5) Decreased3.1% ($22)
2 Beds $795 Decreased0.7% ($6) Decreased5.2% ($44)
3 Beds $1,003 Decreased1.1% ($11) Decreased7.6% ($83)
Nearby Cities Average Rent Avg. Rent vs. WabashAverage Rent vs. Wabash Avg. Days on MarketAverage Days on Market
North Manchester $944 Increased32.4% ($231) 32 days
Peru $952 Increased33.5% ($239) 32 days
Huntington $1,213 Increased70.1% ($500) 31 days
Marion $902 Increased26.5% ($189) 33 days
Bunker Hill $874 Increased22.6% ($161) 29 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.

The average rent in Wabash, IN is $713 per month.
Homes in Wabash typically rent for between $600 and $1,304 per month, with an average of $713 per month.
In Wabash, the average rent for a 1-bedroom home is $678 per month, for a 2-bedroom home, $795 per month, and a 3-bedroom home is $1,003 per month.
The average rent in Wabash is 60.3% ($1,084) lower than the national average of $1,797 per month.
The average rent in Wabash has increased by 2.1% ($15) in the last month and decreased by 17.5% ($151) over the past year.
The rental market in Wabash, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 2 rental properties available in Wabash, IN.
Based on the current averages, a household would need an annual income of $31,800 to comfortably afford a 2-bedroom home in Wabash.
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