Apartments & Condos for Rent in Warsaw, IN

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What to Know About

Life in Warsaw & Beyond

Warsaw 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

Warsaw, IN

As of April 2025, Warsaw's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Warsaw's average rent is 9.7% ($127) higher than the Indiana average of $1,305 and 20.4% ($367) lower than the U.S. average of $1,799.

Average Rent
$1,432
Monthly ChangeMonth Over Month Change
Decreased1% ($14)
Yearly ChangeYear Over Year Change
Increased27.3% ($307)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,017 Increased0.6% ($6) Increased6.3% ($60)
2 Beds $1,380 Increased1.2% ($16) Increased20.5% ($235)
3 Beds $1,732 Decreased2.4% ($42) Increased12.9% ($198)
Nearby Cities Average Rent Avg. Rent vs. WarsawAverage Rent vs. Warsaw Avg. Days on MarketAverage Days on Market
Winona Lake $869 Decreased39.3% ($563) 29 days
Milford $1,301 Decreased9.1% ($131) 29 days
Nappanee $774 Decreased45.9% ($658) 34 days
North Manchester $948 Decreased33.8% ($484) 32 days
Columbia City $1,077 Decreased24.8% ($355) 35 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.

The average rent in Warsaw, IN is $1,432 per month.
Apartments in Warsaw typically rent for between $712 and $2,252 per month, with an average of $1,432 per month.
In Warsaw, the average rent for a 1-bedroom apartment is $1,017 per month, for a 2-bedroom apartment, $1,380 per month, and a 3-bedroom apartment is $1,732 per month.
The average rent in Warsaw is 20.4% ($367) lower than the national average of $1,799 per month.
The average rent in Warsaw has decreased by 1.0% ($14) in the last month and increased by 27.3% ($307) over the past year.
The rental market in Warsaw, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 12 rental properties available in Warsaw, IN.
Based on the current averages, a household would need an annual income of $55,200 to comfortably afford a 2-bedroom apartment in Warsaw.
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