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Nappanee, IN rent trends

Rental prices in Nappanee, IN have increased by 7.01% over the past year. The average rent moved from $789 to $845.

Check out the average rent prices in Nappanee by neighborhood.

Compared to the national average rent of $1,741, the average rent in Nappanee, IN is $845.

Average rent in Nappanee, IN

$845/mo Nappanee, IN average rental price, January 2026
Image Average Rent

The average monthly rent of apartments in Nappanee, IN is $845.

    What's the typical rent budget in Nappanee, IN?

    Around 13% of Nappanee’s apartments are in the $1,001-$1,500 price range. 87% of apartments are priced ≤ $1000.

    The largest share of rentals in Nappanee, IN (87%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Nappanee, IN

    36 /100
    Car-Dependent
    55 /100
    Bikeable
    Walk Score®: 36, Bike Score®: 55

    Frequently asked questions

    What is the average rent in Nappanee, IN?

    The average rent in Nappanee, IN is $709.

    What type of rental buildings are in Nappanee, IN?

    In Nappanee 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 1% of Nappanee's apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 23% are single-family rentals.

    What do typical apartment communities look like in Nappanee, IN?

    The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Nappanee are about 41 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

    What apartment floorplans are common in Nappanee, IN?

    Rental apartments in Nappanee come in a range of sizes and floorplans. Studio apartments represent 15% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 16% of the total apartments in the city, while 2-bedroom floorplans represent around 69% of all rentals in Nappanee. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

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