Warsaw, IN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Warsaw is $1,296, a 6.46% increase compared to the previous year, when the average rent was $1,218.
One-bedroom apartments provide 701 square feet for $1,077, balancing privacy and affordability.
Two-beedroom units at $1,375 offer 1,002 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,280 sq ft) for $1,387, suitable for larger households.
Average rent in Warsaw, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,296 | 951 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,077 | 701 sq. ft. |
| 2 Beds | $1,375 | 1,002 sq. ft. |
| 3 Beds | $1,387 | 1,280 sq. ft. |
Warsaw, IN rent trends
Rental prices in Warsaw, IN have increased by 6.46% over the past year. The average rent moved from $1,218 to $1,296.
What's the typical rent budget in Warsaw, IN?
The largest share of rentals in Warsaw, IN (79%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Warsaw, IN?
3,583 or 51% of the households in Warsaw, IN are renter-occupied while 3,421 or 49% are owner-occupied.
How Warsaw Compares to Other Cities
| City | Average Rent |
|---|---|
| Warsaw | $1,296 |
| Indianapolis | $1,253 |
| Evansville | $1,016 |
| Fort Wayne | $1,143 |
| Bloomington | $1,579 |
| New Albany | $1,106 |
| Hammond | $1,235 |
| Lafayette | $1,174 |
| South Bend | $1,310 |
| Jeffersonville | $1,231 |
| Greenwood | $1,358 |
| Mishawaka, IN | $1,299 |
| Elkhart, IN | $1,102 |
| Kendallville, IN | $923 |
| Goshen, IN | $1,304 |
| Huntington, IN | $902 |
| Nappanee, IN | $801 |
| Peru, IN | $945 |
| Plymouth, IN | $914 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Warsaw apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.