salaryRent is lower than in 55% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 16.3 minutes.
How much money do I need?
To rent here comfortably, you should earn about $61,840 a year. That is $30 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 105 of 132 cities from cheapest to most expensive.
How much do households earn in Warsaw?
Share of households by yearly income. 12.5% of households earn $100,000 or more.
Rent by apartment size in Warsaw
| Size | Warsaw | U.S. average |
|---|---|---|
| 1 bedroom | $1,000 | $1,324 |
| 2 bedrooms | $1,204 | $1,509 |
| 3 bedrooms | $1,486 | $1,698 |
| 4 bedrooms | $1,774 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Warsaw overall?
Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Warsaw, so the Indiana figure is shown.
Taxes and bills in Warsaw
Life in Warsaw
Is it cheaper to rent or buy in Warsaw?
Buying is cheaper month to month: about $289 a month less than renting.
Owning assumes a typical $181,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $18,120 for the down payment.
Frequently asked questions
What is the average rent in Warsaw, IN?
Renting in Warsaw costs a median of about $1,546 a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in Warsaw?
To keep rent under 30% of income, you need about $61,840 a year, or $30 an hour at a full-time job.
Is Warsaw cheap or expensive?
Warsaw is rated OK: rent takes 28.2% of the typical household income of $65,826. It ranks 105th cheapest of 132 Indiana cities we track.
How much are property taxes in Warsaw?
The median homeowner in Warsaw pays $1,416 a year in property taxes, about 0.78% of the median home value.
Is Warsaw 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 Warsaw?
The median home value in Warsaw is $181,200, about 2.8 times the typical yearly household income.
16,768 people live in Warsaw. Numbers are typical (middle) values.