
Cheap Homes for Rent in Nappanee, IN from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Nappanee.


3451 W 100 S

3451 W 100 N

1200 N Main St, Unit 302

225 W Jefferson St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

520 Sherman St

502 Chinworth Ct

407 Parker St

110 N Union Dr

1901 Sand Dollar Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Nappanee, IN Local Guide

How much does it cost to rent a home in Nappanee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nappanee 2 Bedroom Homes for Rent | $1,067 | $325 | $1,700 |
| Nappanee 3 Bedroom Homes for Rent | $1,572 | $1,200 | $2,150 |
| Nappanee 4 Bedroom Homes for Rent | $2,190 | $1,750 | $2,900 |
| Nappanee 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Top Homes for Rent in Nappanee
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Nappanee, IN Local Guide
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Cheapest Available Nappanee Apartments for Rent and Nearby
 The cheapest available apartment rental in Nappanee, IN is a Studio unit found at Courts of Colfax Apartments priced from $750. Arbors at Riverbend Apartments in the Outer Central South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $943. Here is today’s list of the most affordable Nappanee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courts of Colfax Apartments | Winona | Studio,1BA | $750 |
| Arbors at Riverbend Apartments | 1 Bedroom | 1BR,1BA | $943 |
| Irish Hills Apartments | Classic One Bedroom | 1BR,1BA | $952 |
Best Value Apartments for Rent in Nappanee, IN and Nearby
As of May 16, 2026 the best value apartment in the Nappanee area is the $1.43 price per square foot 3 Bed 2 Bath Model at Copperleaf Cove in the in the South Elkhart neighborhood starting from $1,849. The second greatest value Nappanee apartment is the The Whitewater Model at North River Landing Apartments starting at $1,300 with a $1.08 price per square foot in the Bower neighborhood. Here is today’s list of the best values for Nappanee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copperleaf Cove | 3 Bed 2 Bath | 3BR,2BA | $1.43 |
| North River Landing Apartments | The Whitewater | 2BR,2BA | $1.08 |
| River Pointe Apartments | Spindrift | 2BR,2BA | $1.12 |
| Kuder Estates | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Lakeland Villa Apartments | ***WAIT LIST APPLICATION*** | 2BR,2BA | $1.30 |
| York Woods Center | 1BR/1BA LOFT | 1BR,1BA | $1.44 |
| Reflections Apartment Homes | 2X1 | 2BR,1BA | $1.32 |
| Autumn Lakes Apartments and Townhomes | One Bedroom Traditional | 1BR,1BA | $1.43 |
| Arbors at Riverbend Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
| Courts of Colfax Apartments | Winona | Studio ,1BA | $1.24 |
Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN
Find your ideal affordable rental near the University of Notre Dame, St. Mary's College, and Ivy Tech in South Bend, IN. Explore top neighborhoods now.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Nappanee
What type of rentals are currently available in Nappanee?
There are currently 52 Apartments for Rent in Nappanee, IN with pricing that ranges from $605 to $3,550. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nappanee ranging from $295 to $3,900.
What is the current price range for Rental Homes in Nappanee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Nappanee ranges from $295 to $3,900 with an average monthly rent of $1,934.
How much are larger Three and Four Bedroom Rentals in Nappanee?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Nappanee range from $940 to $3,174, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,471.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.