How much does it cost to rent in Warsaw, IN?

As of July 2026, the median monthly rent in Warsaw, IN is $1,084. This figure is based on aggregated data from public sources and community-submitted rents.

Is Warsaw cheaper than other Indiana cities?

Warsaw is among the more affordable cities in Indiana, ranking #50 out of 65 cities at $1,084/mo.

When was Warsaw rent data last updated?

Warsaw rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · IN

Warsaw

Name: Average Rent Prices in Warsaw, IN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 16,768·50th most expensive in Indiana·One of the most affordable rental markets in the US

Median rent (all units)

$1,084/mo

Year-over-Year

+1.4%

Month-over-Month

-11.0%

vs US Median

-$881

Falling (Monthly)

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Most AffordableMost Expensive

Warsaw · $1,084

More affordable than 96% of US cities · National median $1,965/mo

Affordability

21% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $1,084/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$43,000/yr

Local median income

$61,035/yr

Based on the 30%-of-income rule using Warsaw's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$850

1 BR

$860

2 BR

$1,060

3 BR

$1,300

4 BR+

$1,490

Research median

$1,060/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$13,008/yr

At $1,084/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 1.4% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+1.4% YoY, -11.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Warsaw, IN is roughly split between renters and owners, has a median income below the national average, 33.7% of residents hold a bachelor's degree or higher.

Population

16,768

Median income

$61,035

Median age

33.8

Renters

50.7%

Age distribution

24.1%

27%

21.9%

15.1%

Under 1824.1%

18–3427%

35–5421.9%

55–6412%

65+15.1%

Gender

48%

52%

Male48%

Female52%

Race & ethnicity

77.9%

15.4%

White77.9%

Black1.7%

Hispanic15.4%

Asian4.1%

Other1%

Education (25+)

30.6%

25.5%

33.7%

No HS diploma10.1%

HS diploma30.6%

Some college25.5%

Bachelor's+33.7%

Housing tenure

49.3%

50.7%

Owner49.3%

Renter50.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Warsaw, IN has changed in 5 years

Income

$55,295 → $61,035

up 10.4%

Population

15,905 → 16,768

up 5.4%

Renter share

51.6% → 50.7%

-0.9 pts

Bachelor's+

32.3% → 33.7%

+1.4 pts

Household income in the area moved from $55,295 to $61,035 across the same window, up 10.4% versus 2021. Census counts show Warsaw, IN adding about 863 residents over the five-year window, up 5.4% on net.

Community

Discussions about Warsaw

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View Warsaw rent history (2015–2026) →

Salary vs rent

Can you afford rent in Warsaw on your salary?

At $1,084/mo, how Warsaw rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 15% income

very comfortable

Elementary School Teacher

Avg $61,714/yr · Rent = 21.1% income

affordable

Police Officer

Avg $71,088/yr · Rent = 18.3% income

very comfortable

Software Developer

Avg $127,061/yr · Rent = 10.2% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 8% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 22.5% income

affordable

Truck Driver

Avg $52,173/yr · Rent = 24.9% income

affordable

Electrician

Avg $64,308/yr · Rent = 20.2% income

affordable

By apartment size

Warsaw rent by bedroom count

Median rent for each apartment size in Warsaw. Click any size for full breakdown.

Local insights

Tips for renters in Warsaw

About renting in Warsaw, IN

Last updated: July 20, 2026

The median rent in Warsaw is $1,084/mo as of July 2026. A studio apartment averages $850/mo while a 2-bedroom runs $1,060/mo. One-bedroom apartments average $860/mo and 3-bedroom units go for $1,300/mo.

At 21% of local median household income ($61,035/yr), Warsaw ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.4% over the past year.

FAQ

Frequently asked questions

Is Warsaw an affordable city for renters?

Warsaw is considered very affordable for renters. At $1,084/mo, rent takes approximately 21% of the local median household income ($61,035/yr). The standard benchmark is 30%. Warsaw falls comfortably within that range.

How much income do you need to rent in Warsaw?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (~$21/hour full-time) to afford the median rent of $1,084/mo in Warsaw. The local median household income is $61,035/yr, meaning the typical Warsaw household meets that threshold.

Is rent going up or down in Warsaw?

Rent in Warsaw has increased 1.4% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Warsaw rent compare to other cities in Indiana?

Warsaw is one of the more affordable cities in Indiana for rent, ranking #50 out of 65 tracked cities at $1,084/mo.

Which nearby cities are cheaper to rent in than Warsaw?

Several nearby cities have lower median rents than Warsaw ($1,084/mo): Goshen ($1,029/mo), Columbia City ($1,035/mo).

What percentage of Warsaw residents rent vs. own?

According to Census data, approximately 50.7% of Warsaw households are renters, while 49.3% are owner-occupied. With a majority renter population, Warsaw has a strong rental market.