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Newest Homes for Rent in Nappanee, IN

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  • 156 S Main St Unit 1, Nappanee, IN 46550
    156 S Main St Unit 1, Nappanee, IN 46550
    /2

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    156 S Main St Unit 1, Nappanee, IN 46550

    Property Id: 1518460This beautiful apartment is located in the heart of Downtown Nappanee and close to all the town has to offer! You are within walking distance to restaurants, coffee shops, antique stores, the public library and so much more!This apartment is outfitted with stainless steel appliances, beautiful slow-close cabinets, granite countertops, and original stained

    (574) 221-8333

    156 S Main St Unit 1, Nappanee, IN 46550
  • 551 S Nappanee St, Nappanee, IN 46550
    551 S Nappanee St, Nappanee, IN 46550
    551 S Nappanee St, Nappanee, IN 46550
    /12

    $2,400 Per Month

    • 4 Beds
    • 2 Baths
    • 1,240 Sq Ft
    • House for Rent

    551 S Nappanee St, Nappanee, IN 46550

    Located at 551 S Nappanee St in Nappanee, IN, this charming 4-bedroom, 2-bathroom single-family home offers 1,240 sq ft of comfortable living space. The home features modern conveniences including air conditioning, dishwasher, microwave, and hard surface countertops, complemented by an attached garage and in-unit laundry for added ease. Enjoy a well-equipped kitchen with refrigerator and range,

    551 S Nappanee St, Nappanee, IN 46550
  • 1200 N Main St Unit 206, Nappanee, IN 46550
    1200 N Main St Unit 206, Nappanee, IN 46550
    1200 N Main St Unit 206, Nappanee, IN 46550
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    $950 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    1200 N Main St Unit 206, Nappanee, IN 46550

    Property Id: 1519469Under new ownership and management!Property now equipped with security cameras for the safety of our tenants.Come check out this newly renovated 2 bed/1 bath townhouse style apartment located in Nappanee! We are located just minutes from downtown, and all it has to offer. This apartment is equipped with new stainless steel kitchen

    (574) 285-4195

    1200 N Main St Unit 206, Nappanee, IN 46550
Indiana Elkhart County Nappanee

Newest Homes for Rent in Nappanee, IN

Frequently Asked Questions

How much does it cost to rent a home in Nappanee, IN?
The median rent for a home in Nappanee, IN is $1,675 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Nappanee, IN?
To comfortably afford the median rent in Nappanee, IN, a household needs to earn roughly $67,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,675 per month in Nappanee, IN, renters typically need to show $5,025 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Nappanee, IN?
In Nappanee, IN, the price-to-rent ratio is 11.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Nappanee, IN

There are currently 3 homes available for rent in Nappanee, IN. The median rent is $1,675 per month, with single-family homes renting at $2,400 and condos at $950.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,675
Median Single Family Home Rent
$2,400
Median Condo Rent
$950
How to Rent a Home

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