Mishawaka, IN Rental Market Trends
Highlights
The average rent for an apartment in Mishawaka is $820, a 5% increase compared to the previous year, when the average rent was $781.
Average Rent in Mishawaka, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $820 | 5% | 822 sq. ft. |
The average size for a Mishawaka, IN apartment is 822 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Mishawaka, IN Apartment Rent Ranges
- $501-$70029%
- $701-$1,00061%
- $1,001-$1,5008%
- $1,501-$2,0002%
Mishawaka, IN Occupied Housing Units
- Renter-occupied Households47%
- Owner-occupied Households52%
10,135 or 47% of the households in Mishawaka, IN are renter-occupied while 11,006 or 52% are owner-occupied.
Mishawaka, IN Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Mishawaka, IN | $739 | $742 | $738 | $757 | $757 | $769 | $781 | $794 | $796 | $820 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Mishawaka Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $902 | 5% |
| South Bend | $963 | 6% |
| Bloomington | $1,126 | 2% |
| Mishawaka | $820 | 5% |
| Fishers | $1,168 | 7% |
| Fort Wayne | $802 | 6% |
| Elkhart | $760 | 2% |
| Goshen | $706 | 3% |
| Granger | $900 | 3% |
| Plymouth | $681 | 6% |
| Bristol | $722 | 3% |
For more information about the Mishawaka rental trends, check out our monthly rent report
Check out Indiana Cities, Indiana Neighborhoods and Indiana Zip Codes for more details on verified listings, including the Indiana Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!