5

Winchester, IN Homes for Rent

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  • /8

    $950 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    109 E Orange St Unit 1, Winchester, IN 47394

    Very nice 2 bedroom / 1 bathroom unit. Tenant pays Electric and Water

    109 E Orange St Unit 1, Winchester, IN 47394
  • /7

    $750 Per Month

    • 2 Beds
    • 1 Bath
    • 681 Sq Ft
    • House for Rent

    401 W George St, Winchester, IN 47394

    2-bedroom, 1-bathroom all-electric home available for rent in Winchester, IN. The home offers comfortable living with convenient electric utilities. All occupants age 18 and older must submit an application. No pets and no smoking allowed.

    401 W George St, Winchester, IN 47394
  • /11

    $850 Per Month

    • 2 Beds
    • 1 Bath
    • 1,172 Sq Ft
    • House for Rent

    602 N East St, Winchester, IN 47394

    Very nice 2-bedroom, 1-bathroom home for rent in Winchester, offering 1,172 sq. ft. of comfortable living space. The home features plenty of storage, washer/dryer hookups, a large shaded yard, and a 1-car garage. All occupants age 18 and older must submit an application. No smoking and no pets allowed.

    602 N East St, Winchester, IN 47394
  • /6

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • House for Rent

    227 E Greenville Pike, Winchester, IN 47394

    2 bed 1 bath tenant pays all utilities - Electric, Water, Sewage/Trash. Gas (?) Central AC Appliances can be used but will not be replaced if they go out

    227 E Greenville Pike, Winchester, IN 47394
  • /14

    $1,200 Per Month

    • 3 Beds
    • 1 Bath
    • 1,800 Sq Ft
    • House for Rent

    607 S Stone St, Winchester, IN 47394

    Beautiful 3-bedroom, 1-bathroom home in Winchester, IN, featuring recent renovations and modern updates. The home includes a refrigerator, stove, dishwasher, microwave, washer, and dryer. Enjoy the privacy of a fenced-in backyard, perfect for outdoor activities. All applicants age 18 and older must submit an application; no pets and no smoking.

    607 S Stone St, Winchester, IN 47394

Why Live in Winchester

Winchester, Indiana, is a rural community of about 5,000 people and the seat of Randolph County. Known for its vibrant small business scene, Winchester boasts a bustling downtown district with local shops, restaurants, and essential county services anchored by the Randolph County Courthouse. U.S. Route 27 offers casual franchise eateries and a Walmart for groceries. The town is famously dubbed the "sugar cream pie capital" due to Wick’s Pies, a regional institution known for its custard-based treats. Winchester provides ample green space with nearly 100 acres, primarily in Goodrich Park, which features walking trails, playgrounds, a skate park, and a village swimming pool. For high-speed thrills, the Winchester Speedway, known as the fastest half-mile in the world, has been a local attraction since 1916. The Winchester Golf Club and the Randolph County YMCA offer additional recreational opportunities. Housing in Winchester includes early 20th-century homes and new builds, with common styles being National, bungalow, and ranch-style. The town has seen recent residential development with new subdivisions like Lakeview Park. Education is served by the Randolph Central School Corporation, which offers dual credit programs through Ivy Tech Community College. Winchester is conveniently located less than two hours from Fort Wayne and Indianapolis, with easy access to Interstate 70 and I-69. The community hosts year-round events, including the Winchester Main Street Festival and Majestic Christmas, providing residents with a variety of things to do throughout the year.

Frequently Asked Questions

How much does it cost to rent a home in Winchester, IN?
The median rent for a home in Winchester, IN is $850 per month, though prices vary by neighborhood, size, and property type. As of September 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 Winchester, IN?
To comfortably afford the median rent in Winchester, IN, a household needs to earn roughly $34,000 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 $850 per month in Winchester, IN, renters typically need to show $2,550 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 Winchester, IN?
In Winchester, IN, the price-to-rent ratio is 16.7, 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
5
Median Rent
$850
Median Single Family Home Rent
$850
Median Condo Rent
$950
How to Rent a Home