Apartments & 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 April 2025, Nappanee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Nappanee's average rent is 40.7% ($531) lower than the Indiana average of $1,305 and 57.0% ($1,025) lower than the U.S. average of $1,799.

Average Rent
$774
Monthly ChangeMonth Over Month Change
Increased6.3% ($46)
Yearly ChangeYear Over Year Change
Increased9.3% ($66)
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $674 Increased6.5% ($41) Increased9.4% ($58)
2 Beds $774 Increased6.3% ($46) Increased9.3% ($66)
3 Beds $1,013 Increased6.3% ($60) Increased9.4% ($87)
Nearby Cities Average Rent Avg. Rent vs. NappaneeAverage Rent vs. Nappanee Avg. Days on MarketAverage Days on Market
Milford $1,301 Increased68.1% ($527) 29 days
Bremen $988 Increased27.6% ($214) 31 days
Goshen $1,474 Increased90.4% ($700) 30 days
Warsaw $1,432 Increased85% ($658) 32 days
Lakeville $1,013 Increased30.9% ($239) 34 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 $774 per month.
Homes in Nappanee typically rent for between $600 and $1,317 per month, with an average of $774 per month.
In Nappanee, the average rent for a 1-bedroom home is $674 per month, for a 2-bedroom home, $774 per month, and a 3-bedroom home is $1,013 per month.
The average rent in Nappanee is 57% ($1,025) lower than the national average of $1,799 per month.
The average rent in Nappanee has increased by 6.3% ($46) in the last month and increased by 9.3% ($66) 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 9 rental properties available in Nappanee, IN.
Based on the current averages, a household would need an annual income of $30,960 to comfortably afford a 2-bedroom home in Nappanee.
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