Elkhart, IN Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Elkhart is $1,109, a 6.59% increase compared to the previous year, when the average rent was $1,041.
Studio Apartments at $734 offer the most budget-friendly option with 318 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 663 square feet for $985, balancing privacy and affordability.
Two-beedroom units at $1,199 offer 959 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,182 sq ft) for $1,233, suitable for larger households.
Average rent in Elkhart, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,109 | 844 sq. ft. |
| Studio | $734 | 318 sq. ft. |
| 1 Bed | $985 | 663 sq. ft. |
| 2 Beds | $1,199 | 959 sq. ft. |
| 3 Beds | $1,233 | 1,182 sq. ft. |
Elkhart, IN rent trends
Rental prices in Elkhart, IN have increased by 6.59% over the past year. The average rent moved from $1,041 to $1,109.
What's the typical rent budget in Elkhart, IN?
The largest share of rentals in Elkhart, IN (53%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Elkhart, IN?
10,261 or 47% of the households in Elkhart, IN are renter-occupied while 11,432 or 53% are owner-occupied.
How Elkhart Compares to Other Cities
| City | Average Rent |
|---|---|
| Elkhart | $1,109 |
| Indianapolis | $1,250 |
| Evansville | $1,024 |
| Bloomington | $1,595 |
| Fort Wayne | $1,126 |
| New Albany | $1,114 |
| Lafayette | $1,168 |
| Jeffersonville | $1,223 |
| South Bend | $1,343 |
| Greenwood | $1,372 |
| Hammond | $1,224 |
| Mishawaka, IN | $1,314 |
| Warsaw, IN | $1,259 |
| Niles, MI | $935 |
| Goshen, IN | $1,224 |
| Plymouth, IN | $927 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Elkhart apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.