Last updated August 12, 2026

Average Rent in Mishawaka 46544 & Rent Trends

Rent prices and market trends across 1 apartment community in Mishawaka 46544, Mishawaka, IN. Updated daily.

Beds All Bedrooms Studio 1 Bed 2 Bed

Market Average

$1,675/mo

Lowest Available

$1,335/mo

cheapest unit on market

Communities

tracked daily

Units Listed

137

available now

Price Cuts This Week in Mishawaka 46544

4 listed units across 1 building in Mishawaka 46544 dropped their asking rent in the past 7 days, an average cut of $61/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
The Mill at Ironworks Plaza	Unit 334, B10-1	$2,325	$2,220	$105
The Mill at Ironworks Plaza	Unit 252, B9-2	$2,250	$2,195	$55
The Mill at Ironworks Plaza	Unit 352, B9-2	$2,260	$2,205	$55
The Mill at Ironworks Plaza	Unit 452, B9-2	$2,220	$2,190	$30

See today's prices on all 137 listed units

Mishawaka 46544 vs Mishawaka, IN Average

Mishawaka 46544 is the same price as the Mishawaka, IN average . The citywide average is $1,675/mo across all neighborhoods.

Is Rent Going Up or Down in Mishawaka 46544?

As of August 2026, the average rent in Mishawaka 46544 is $1,675 per month across 1 apartment community and 137 available units.

The most affordable option is The Mill at Ironworks Plaza starting at $1,335/mo. By unit type, a studio averages $1,407/mo, a 1-bedroom averages $1,630/mo, a 2-bedroom averages $2,113/mo.

Prices range from $1,335 to $2,328 per month. The most common price point is the $1,600 range, where 81 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Mishawaka 46544

Studio

$1,407

from $1,370 · 24 units

1 Bed

$1,630

from $1,335 · 89 units

2 Bed

$2,113

from $1,484 · 24 units

Rent Prices by Apartment in Mishawaka 46544

Property	Starting at	Average	Units	Rating
The Mill at Ironworks Plaza	$1,335/mo	$1,675/mo	137	4.6

Frequently Asked Questions About Rent in Mishawaka 46544

What is the average rent in Mishawaka 46544?

The average rent in Mishawaka 46544 is $1,675 per month as of August 2026, based on 137 units across 1 apartment communities.

Is rent going up or down in Mishawaka 46544?

The current average rent in Mishawaka 46544 is $1,675/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Mishawaka 46544?

The most affordable apartment in Mishawaka 46544 is The Mill at Ironworks Plaza with units starting at $1,335/mo.

How much is a 1-bedroom apartment in Mishawaka 46544?

A 1-bedroom apartment in Mishawaka 46544 averages $1,630/mo, with prices starting at $1,335/mo across 89 available units.

How many apartments are available in Mishawaka 46544?

There are 137 units available across 1 apartment communities in Mishawaka 46544.

What salary do I need to live comfortably in Mishawaka 46544?

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 $1,675/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 ($1,335/mo), you need to earn at least $53,000/year.

Median household income in Mishawaka 46544 is $53,120 , about 34% below the comfortable-living threshold.

Cost of living in Mishawaka 46544

Overall prices in Mishawaka 46544 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 46544's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,675	daily refresh
Utilities	$307	BLS × BEA RPP
Groceries	$511	BLS × BEA RPP
Transportation	$733	BLS × BEA RPP
Healthcare	$357	BLS × BEA RPP
Other goods and services	$572	BLS × BEA RPP
Estimated total	$4,156/mo	$49,871/year

Population

50,907

Median household income

$53,120

Census median rent

$1,041/mo

Rent as % of income

29.8%

Median age

35.6

Mean commute

22 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

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

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

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.

Indiana Rent Trends

Compare rent across all Indiana cities

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US-wide rent comparison

See how Mishawaka, IN rents stack up against the national median