Redwood Warsaw
3023 Murwood Pl,
Warsaw, IN 46582
Call for Rent
2 Beds
Rental Market Trends in Warsaw, IN
What is the average rent in Warsaw, IN?
$1,015/month
Average Rent
650 Sq Ft
Average Apartment Size
-0.7%
Decrease in the Last Year
As of March 2026, the average rent in Warsaw, IN is $1,015 per month. This is 38% lower than the national average rent of $1,626/month, making renting in Warsaw more affordable than most cities in the US. When you rent an apartment in Warsaw, you can expect to pay about $820 per month for a studio, $1,015 for a one-bedroom apartment, and around $1,288 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,609 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Warsaw, IN?
In the past year, rent has decreased by 0.7%, which averages out to $6 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Warsaw, IN
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
27%
$700 - $1,000/month
55%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Warsaw, IN?
Because the average rent in Warsaw is $1,015, you’ll want to make about $3,383 per month or $40,596 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Warsaw, IN is 6.6% lower than the national average. Generally, housing in Warsaw is 5.7% less expensive than the national average, with rent falling between $820 - $1,609. You can expect to pay 0.2% less for groceries, 5.4% less for utilities, and 0.5% more for transportation.
How does Warsaw, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Warsaw, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.