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

Warsaw, IN

As of August 2025, Warsaw's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Warsaw's average rent is 20.2% ($252) higher than the Indiana average of $1,247 and 16.3% ($291) lower than the U.S. average of $1,790.

Average Rent

$1,499

Monthly ChangeMonth Over Month Change

2.5% ($37)

Yearly ChangeYear Over Year Change

19.6% ($246)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$973	0.7% ($7)	7.9% ($83)
2 Beds	$1,354	4.6% ($65)	8.4% ($105)
3 Beds	$1,903	3.4% ($63)	13.3% ($223)

Nearby Cities	Average Rent	Avg. Rent vs. WarsawAverage Rent vs. Warsaw	Avg. Days on MarketAverage Days on Market
Milford	$1,254	16.3% ($245)	29 days
Nappanee	$927	38.2% ($572)	34 days
North Manchester	$945	37% ($554)	32 days
Columbia City	$1,226	18.2% ($273)	35 days
Bremen	$1,049	30% ($450)	31 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Warsaw Rental Market FAQs

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

What is the average rent in Warsaw, IN?

The average rent in Warsaw, IN is $1,499 per month.

What is the rental price range for homes in Warsaw, IN?

Homes in Warsaw typically rent for between $681 and $2,474 per month, with an average of $1,499 per month.

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

In Warsaw, the average rent for a 1-bedroom home is $973 per month, for a 2-bedroom home, $1,354 per month, and a 3-bedroom home is $1,903 per month.

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

The average rent in Warsaw is 16.3% ($291) lower than the national average of $1,790 per month.

How have rent prices in Warsaw, IN changed recently?

The average rent in Warsaw has increased by 2.5% ($37) in the last month and increased by 19.6% ($246) over the past year.

How competitive is the rental market in Warsaw, IN?

The rental market in Warsaw, 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 Warsaw, IN?

In Warsaw, IN, the average rental stays on the market for approximately 32 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 Warsaw, IN?

There are currently 11 rental properties available in Warsaw, IN.

Can I afford to rent a home in Warsaw, IN?

Based on the current averages, a household would need an annual income of $54,160 to comfortably afford a 2-bedroom home in Warsaw.