Average Rent in Mishawaka, IN
What is the average rent in Mishawaka, IN?
The average listed apartment rent in Mishawaka, IN is $1,669 per month, as of November 8, 2026. This sample includes 101 priced apartments in 1 building. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
1 apartment buildings, 101 units. Recorded asking prices and price history where available.
Browse apartments in Mishawaka, INAvg Rent
$1,669/mo
median $1,618
market average
Cheapest
$1,220/mo
The Mill at Ironworks Plaza
Properties
1
tracked daily
Units
101
available now
Mishawaka, IN Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 1 properties in Mishawaka, IN.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Mishawaka, IN Rent Prices
All 1 properties ranked by lowest available rent.
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | The Mill at Ironworks Plaza 235 Ironworks Ave, Mishawaka, IN 46544, USA | $1,220 | $1,669 | $2.11/ft² | 4.6 (239) | 101 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
By Area
Mishawaka, IN neighborhoods
Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.
Mishawaka, IN Average Rent Prices 2026
The average listed rent in Mishawaka, IN is $1,669 per month, based on 101 units across 1 apartment communities. Prices range from $1,220 at The Mill at Ironworks Plaza to $2,378 at The Mill at Ironworks Plaza.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,399/mo | $1,220/mo | 22 |
| 1 Bed | $1,579/mo | $1,320/mo | 55 |
| 2 Bed | $2,123/mo | $1,700/mo | 24 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Mishawaka, IN, and what they pay
Tracked one-bedroom rent in Mishawaka, IN averages $1,579/mo , with two-bedroom units averaging $2,123/mo. At the local median household income of $53,120, that works out to 38% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Mishawaka, IN at $1,041/mo. The current tracked market average runs 60% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Mishawaka, IN while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Mishawaka, IN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$67,000/year
Based on the 30 percent rule, using our tracked average rent of $1,669/mo.
Comfortable income
$80,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,220/mo), you need to earn at least $49,000/year.
Median household income in Mishawaka, IN is $53,120 , about 34% below the comfortable-living threshold.
Cost of living in Mishawaka, IN
Overall prices in Mishawaka, IN runs below the national average by about 9% (BEA Regional Price Parity index 91.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Mishawaka, IN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,669 |
| Utilities | $307 |
| Groceries | $511 |
| Transportation | $733 |
| Healthcare | $357 |
| Other goods and services | $572 |
| Estimated total | $4,150/mo |
Population
50,907
Median household income
$53,120
Census median rent
$1,041/mo
Census rent burden
29.8%
Median age
35.6
Mean commute
22 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Indiana
How Mishawaka, IN rent compares to other markets in the state.
| City | Avg Rent | vs Mishawaka, IN | 30-Day Change | Properties |
|---|---|---|---|---|
| Greenwood, IN | $1,341 | -20% | -4% | 36 |
| Fishers, IN | $2,018 | +21% | +2.5% | 14 |
| Westfield, IN | $1,872 | +12% | +6.2% | 13 |
| Terre Haute, IN | $1,356 | -19% | +3.9% | 12 |
| Indianapolis, IN | $1,771 | +6% | +6.4% | 11 |
| Kokomo, IN | $1,114 | -33% | +0.9% | 11 |
Frequently asked questions
What is the average rent in Mishawaka, IN?
The average listed apartment rent in Mishawaka, IN is $1,669 per month, as of November 8, 2026. This sample includes 101 priced apartments in 1 building. These are tracked asking prices, not signed leases.
What is the median rent in Mishawaka, IN?
The median asking rent in Mishawaka, IN is $1,618 per month, computed from 101 priced listings; check the observation dates shown on this page. The average is $1,669/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Mishawaka, IN?
The lowest available rent in Mishawaka, IN starts at $1,220 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Mishawaka, IN?
1-bedroom apartments in Mishawaka, IN average $1,579/mo. The lowest listed 1-bedroom starts at $1,320/mo across 55 units tracked.
How much is a 2-bedroom apartment in Mishawaka, IN?
2-bedroom apartments in Mishawaka, IN average $2,123/mo. Units start from $1,700/mo across 24 units currently listed.
Rent Trends in Mishawaka, IN
Track how apartment prices are changing over time.
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