Mishawaka, IN Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Mishawaka is $1,314, a 5.58% increase compared to the previous year, when the average rent was $1,245.
One-bedroom apartments provide 694 square feet for $1,114, balancing privacy and affordability.
Two-beedroom units at $1,418 offer 971 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,388 sq ft) for $2,108, suitable for larger households.
Average rent in Mishawaka, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,314 | 863 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,114 | 694 sq. ft. |
| 2 Beds | $1,418 | 971 sq. ft. |
| 3 Beds | $2,108 | 1,388 sq. ft. |
Mishawaka, IN rent trends
Rental prices in Mishawaka, IN have increased by 5.58% over the past year. The average rent moved from $1,245 to $1,314.
What's the typical rent budget in Mishawaka, IN?
The largest share of rentals in Mishawaka, IN (51%) 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 Mishawaka, IN?
11,341 or 51% of the households in Mishawaka, IN are renter-occupied while 11,085 or 49% are owner-occupied.
How Mishawaka Compares to Other Cities
| City | Average Rent |
|---|---|
| Mishawaka | $1,314 |
| Indianapolis | $1,250 |
| Evansville | $1,024 |
| Bloomington | $1,595 |
| Fort Wayne | $1,126 |
| New Albany | $1,114 |
| Lafayette | $1,168 |
| Jeffersonville | $1,223 |
| Hammond | $1,224 |
| South Bend | $1,343 |
| Greenwood | $1,372 |
| Elkhart, IN | $1,109 |
| St. Joseph, MI | $1,098 |
| La Porte, IN | $1,280 |
| Warsaw, IN | $1,259 |
| Niles, MI | $935 |
| Goshen, IN | $1,224 |
| Benton Harbor, MI | $955 |
| 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 Mishawaka 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.