Rentometer, Inc. | Data as of 10/22/2025
Warsaw, Indiana offers a vibrant rental landscape that reflects the cityâs blend of historic charm and modern growth. With a strong presence of apartment communities throughout neighborhoods such as Historic Downtown, Northside, and the Riverâs Edge district, renters can find a range of options that suit both young professionals and families. The cityâs strategic location near InterstateâŻ69, combined with its reputation as the âOrthopedic Capital of the World,â fuels steady demand for convenient, wellâlocated housing close to major employers, medical facilities, and cultural attractions like the National Shrine of St.âŻJohn Neumann and the Warsaw Community School District.
Apartment rentals dominate the market, with oneâbedroom units typically priced in the $1,000 range, while twoâ and threeâbedroom apartments tend to fall within the $1,600â$1,700 range, reflecting a balanced offering for a variety of household sizes. The presence of Saint MaryâofâtheâWoods College and nearby universities adds a seasonal boost of student renters, contributing to a dynamic and tenantâfriendly environment. Prospective renters can enjoy easy access to downtownâs boutique shops, the scenic Canal Riverwalk, and a growing selection of dining and entertainment venues.
The overall rental market in Warsaw remains competitive yet approachable, supported by a mix of new developments and wellâmaintained older properties. Whether youâre seeking a compact studio near the city center or a spacious threeâbedroom apartment for a growing family, Warsawâs rental inventory provides flexibility, affordability, and a welcoming community atmosphere that makes the city an appealing place to call home.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | 1 Bedroom | $1,047 | $1,054 | $916 - $1,115 | $1,030 - $1,115 |
Apartment | 2 Bedroom | $1,604 | $1,722 | $1,004 - $2,450 | $1,101 - $1,895 |
Apartment | 3 Bedroom | $1,606 | $1,522 | $1,200 - $1,995 | $1,355 - $1,995 |
In the current period, the average rent in Warsaw was
$1,048 for 1 Bedroom,
$1,604 for 2 Bedroom, and
$1,607 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.