Average Rent in Mishawaka, IN
1 apartment buildings, 169 units. Real asking prices, refreshed daily.
Avg Rent
$1,678/mo
market average
Cheapest
$1,190/mo
The Mill at Ironworks Plaza
Properties
1
tracked daily
Units
169
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 | $1,190 | $1,678 | $2.12 | 4.6 (239) | 169 |
Explore Each Property
Mishawaka, IN Average Rent Prices 2026
The average rent in Mishawaka, IN is $1,678 per month, based on 169 units across 1 apartment communities. Prices range from $1,190 at The Mill at Ironworks Plaza to $1,190 at The Mill at Ironworks Plaza.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,424/mo | $1,270/mo | 30 |
| 1 Bed | $1,618/mo | $1,190/mo | 108 |
| 2 Bed | $2,131/mo | $1,610/mo | 31 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Mishawaka, IN, and what they pay
Tracked one-bedroom rent in Mishawaka, IN averages $1,618/mo, with two-bedroom units averaging $2,131/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 61% 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 $1,678/mo.
Comfortable income
$81,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,190/mo), you need to earn at least $48,000/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) | $1,678 |
| Utilities | $307 |
| Groceries | $511 |
| Transportation | $733 |
| Healthcare | $357 |
| Other goods and services | $572 |
| Estimated total | $4,159/mo |
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.
Compare
Nearby cities in Indiana
How Mishawaka, IN rent compares to other markets in the state.
| City | Avg Rent | vs Mishawaka, IN | Properties |
|---|---|---|---|
| Fishers, IN | $1,910 | +14% | 9 |
| Carmel, IN | $1,714 | +2% | 9 |
| Bloomington, IN | $1,827 | +9% | 8 |
| Indianapolis, IN | $2,094 | +25% | 7 |
| Fort Wayne, IN | $1,184 | -29% | 7 |
| South Bend, IN | $1,493 | -11% | 6 |
Frequently asked questions
What is the average rent in Mishawaka, IN?
The average rent in Mishawaka, IN is $1,678 per month, based on 169 units across 1 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Mishawaka, IN?
The lowest available rent in Mishawaka, IN starts at $1,190 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Mishawaka, IN?
1-bedroom apartments in Mishawaka, IN average $1,618/mo. The lowest listed 1-bedroom starts at $1,190/mo across 108 units tracked.
How much is a 2-bedroom apartment in Mishawaka, IN?
2-bedroom apartments in Mishawaka, IN average $2,131/mo. Units start from $1,610/mo across 31 units currently listed.
Rent Trends in Mishawaka, IN
Track how apartment prices are changing over time.
Missing your neighborhood?
Tell us where you're looking. We'll start tracking prices within 24 hours.
Get Started