Last updated
Average Rent in Mishawaka, IN & Rent Trends
Rent prices and market trends across 1 apartment community in Mishawaka, IN. Updated daily.
Market Average
$2,131/mo
Lowest Available
$1,610/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
31
available now
Is Rent Going Up or Down in Mishawaka, IN?
As of June 2026, the average rent in Mishawaka, IN is $2,131 per month across 1 apartment community and 31 available units.
The most affordable option is The Mill at Ironworks Plaza starting at $1,610/mo. By unit type, a 2-bedroom averages $2,131/mo.
Prices range from $1,610 to $2,368 per month. The most common price point is the $2,000 range, where 19 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Mishawaka, IN
Rent Prices by Apartment in Mishawaka, IN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Mill at Ironworks Plaza | $1,610/mo | $2,131/mo | 31 | 4.6 |
Google Search Trends for Mishawaka, IN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Mishawaka, IN
What is the average rent in Mishawaka, IN?
Is rent going up or down in Mishawaka, IN?
What is the cheapest apartment in Mishawaka, IN?
How many apartments are available in Mishawaka, IN?
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
$85,000/year
Based on the 30 percent rule, using our tracked average rent of $2,131/mo.
Comfortable income
$102,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,610/mo), you need to earn at least $64,000/year.
Median household income in Mishawaka, IN is $53,120 , about 48% 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) | $2,131 |
| Utilities | $307 |
| Groceries | $511 |
| Transportation | $733 |
| Healthcare | $357 |
| Other goods and services | $572 |
| Estimated total | $4,612/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.
Explore Mishawaka, IN Apartments
Browse all 1 communities with daily-updated pricing and availability.