2

North Manchester, IN Homes for Rent

Section Image
  • /9

    $1,287

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 990 Sq Ft
    • Condo for Rent

    222 E Main St Unit 1, North Manchester, IN 46962

    Originally built in 1875 this historic building caught fire in 2016, devastating most of the structure. After almost 2 years of detailed study, planning and design a team has worked to restore the luster of this historic structure. The design of the exterior is a blend of old and new. The original south-facing brick façade with it's decorative cornice has been meticulously restored. New

    222 E Main St Unit 1, North Manchester, IN 46962
  • /9

    $1,287

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 990 Sq Ft
    • Condo for Rent

    222 E Main St Unit 1, North Manchester, IN 46962

    Originally built in 1875 this historic building caught fire in 2016, devastating most of the structure. After almost 2 years of detailed study, planning and design a team has worked to restore the luster of this historic structure. The design of the exterior is a blend of old and new. The original south-facing brick façade with it's decorative cornice has been meticulously restored. New

    222 E Main St Unit 1, North Manchester, IN 46962

Why Live in North Manchester

North Manchester, IN balances its agricultural heritage with community growth, offering a slower pace of life and a burgeoning small business scene. Located within a 30-minute drive of Warsaw and Wabash, this community of about 5,000 people features a diverse population, including residents of Manchester University and a retirement community. The residential streets are lined with mature trees and sidewalks, showcasing a variety of home styles such as bungalow, Colonial Revival, Victorian, and National-style homes from the early 1900s, alongside farmhouses and new builds in subdivisions. The median home price is $200,000, which is higher than Wabash but lower than Warsaw. Downtown North Manchester, developed between 1870 and the late 1930s, is a walkable hub listed on the National Register of Historic Places. It houses The Coop, a small business incubator supporting new ventures, and features over 20 restaurants and numerous shops and services. The community’s parks system includes six parks, trails, and access to the Eel River, with Warvel Park being the largest at 10 acres. Ogan’s Landing offers a canoe and kayak launch, making it a popular spot for family-friendly floats. Manchester Community Schools are highly rated, and Manchester University provides a range of undergraduate programs. The town hosts various events like Second Fridays, a summer concert series, and the annual Harvest Fest, adding to the list of things to do. Residents benefit from proximity to primary care offices, with the nearest emergency room located at Parkview Wabash Hospital.

Frequently Asked Questions

How much does it cost to rent a home in North Manchester, IN?
The median rent for a home in North Manchester, IN is $1,287 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in North Manchester, IN?
To comfortably afford the median rent in North Manchester, IN, a household needs to earn roughly $51,480 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 $1,287 per month in North Manchester, IN, renters typically need to show $3,861 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 North Manchester, IN?
In North Manchester, IN, the price-to-rent ratio is 14.4, 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

Number of Homes for Rent
2
Median Rent
$1,287
Median Single Family Home Rent
$950
Median Condo Rent
$1,287
How to Rent a Home