States › Indiana › Nappanee

Is Nappanee, IN expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,21931% lower than U.S. average
💵 Families earn per year (2026)$74,300about $6,192/month · 15% lower than U.S. average
🔑 House price$238,60028% lower than U.S. average

Rent is lower than in 75% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $48,760 a year. That is $23 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 67 of 132 cities from cheapest to most expensive.

Nappanee
$1,219
Ross
$1,414
Notre Dame
$1,461
Boonville
$733
Ellettsville
$1,354
Garrett
$1,312
North Vernon
$1,037

How much do households earn in Nappanee?

Under $25k
15.5%
$25k–50k
23.0%
$50k–100k
28.0%
$100k–150k
23.5%
$150k+
6.6%

Share of households by yearly income. 30.1% of households earn $100,000 or more.

Rent by apartment size in Nappanee

SizeNappaneeU.S. average
1 bedroom$863$1,324
2 bedrooms$959$1,509
3 bedrooms$1,199$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Nappanee overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Nappanee, so the Indiana figure is shown.

Taxes and bills in Nappanee

🏛️ Property tax$1,765a year · 0.74% of home value · U.S. $3,119
⚡ Electric bill$177a month (typical) · U.S. $156

Life in Nappanee

Commute to work21.4 minU.S.: 26.4 min
College degree10.2%U.S.: 35.7%
Own their home63.4%U.S.: 65.2%
Below poverty line9.1%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in Nappanee?

Renting is cheaper right now: about $437 a month less.

Renting
$1,219
Owning
$1,656

Owning assumes a typical $238,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,860 for the down payment.

Frequently asked questions

What is the average rent in Nappanee, IN?

Renting in Nappanee costs a median of about $1,219 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Nappanee?

To keep rent under 30% of income, you need about $48,760 a year, or $23 an hour at a full-time job.

Is Nappanee cheap or expensive?

Nappanee is rated Cheap: rent takes 19.7% of the typical household income of $74,300. It ranks 67th cheapest of 132 Indiana cities we track.

How much are property taxes in Nappanee?

The median homeowner in Nappanee pays $1,765 a year in property taxes, about 0.74% of the median home value.

Is Nappanee more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Nappanee?

The median home value in Nappanee is $238,600, about 3.2 times the typical yearly household income.

6,815 people live in Nappanee. Numbers are typical (middle) values.