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Apartments in Nappanee

1 - 7 of 7 Results
3
$735 - 875
Bison Ridge
903 Bison Ridge Nappanee, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
6
$780 - 1,046
Meadows
11 Meadows Nappanee, IN
1 - 3 BR | May. 1, 2024
Contact
House
13
$795
216 Stonewall Ct
Nappanee, IN
2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
16
$795
207 Stonewall Ct
Nappanee, IN
2 BR | May. 14, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
17
$795
206 Stonewall Ct
Nappanee, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Disability Access
18
$795
210 Stonewall Ct
Nappanee, IN
2 BR | May. 14, 2024
Contact
Dog Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
$795
212 Stonewall Ct
Nappanee, IN
2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Storage
Disability Access
Dishwasher
1 - 7 of 7 Results
  1. Home
  2. Nappanee

How much does it cost to rent an apartment in Nappanee?

Nappanee Apartments
Bed Type Average Rent Range
1BR $760 $740 - $780
2BR $800 $800 - $930
3BR $940 $880 - $1,050
Frequently Asked Questions

How many apartments are available in Nappanee, IN on Rentable.co?

Rentable.co has over 176 apartments available in Nappanee.

What is the average rent for a one-bedroom apartment in Nappanee, IN?

The average rent for a one-bedroom apartment in Nappanee is around $760 per month.

What is the average rent for a two-bedroom apartment in Nappanee, IN?

The average rent for a two-bedroom apartment in Nappanee is around $800 per month.

How expensive is it to rent an apartment in Nappanee, IN?

For a two-bedroom apartment in Nappanee, the average rent price is $800 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Nappanee, IN?

Based on average rent prices in Nappanee, to afford a one-bedroom apartment you would need an annual household income of $30,000 to live comfortably.

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Nappanee:
April Rent Report

Welcome to the April 2024 Nappanee Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Nappanee rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Nappanee and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Nappanee average rent prices in the chart below.

Monthly Rent Report

$900
$680
$450
$230
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Nappanee Rent Prices Decrease From March to April

Nappanee rent prices decreased over the last month. From March to April, the city experienced a -1.7% decrease for the price of a one-bedroom apartment. The rent price for a Nappanee one-bedroom apartments currently stands at $753.0.

When we take a look at the two-bedroom comparison from March to April, Nappanee experienced a -1.1% decrease for the price of a two-bedroom apartment. The rent price for a Nappanee two-bedroom apartments currently stands at $809.0.

April Prices: Nappanee vs. Surrounding Areas

Rent Prices in Nappanee and Surrounding Areas

Rent prices have decreased in Nappanee over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Nappanee suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Nappanee suburbs

  • Rents did not decrease in any of the Nappanee suburbs.

April 2024 Pricing Trends: Nappanee vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Nappanee Rent Prices More Affordable Than Major Cities

Rent growth in Nappanee over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Nappanee average rent prices appear to be relatively affordable for local residents.

The price for a Nappanee one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Nappanee and surrounding area rent prices, take a look at the complete data set below.

Data set for Nappanee and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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