The Delta
304 E Jackson Blvd,
Elkhart, IN 46516
$1,380 - $1,850 Total Monthly Price
Studio - 2 Beds | 12 Month Lease
Rental Market Trends in Elkhart, IN
What is the average rent in Elkhart, IN?
$1,062/month
Average Rent
698 Sq Ft
Average Apartment Size
+7.9%
Increase in the Last Year
As of April 2026, the average rent in Elkhart, IN is $1,062 per month. This is 35% lower than the national average rent of $1,641/month, making renting in Elkhart more affordable than most cities in the US. When you rent an apartment in Elkhart, you can expect to pay about $882 per month for a studio, $1,062 for a one-bedroom apartment, and around $1,243 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,230 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Elkhart, IN?
In the past year, rent has increased by 7.9%, which averages out to $84 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025
2026
Rent Ranges in Elkhart, IN
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
30%
$700 - $1,000/month
58%
$1,001 - $1,500/month
9%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Elkhart?
Based on current rent prices, South Benham, South Elkhart and North Elkhart are the most affordable neighborhoods in Elkhart.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Elkhart?
Based on current rent prices, State St/Division St Hist District, North Elkhart and South Elkhart are the most expensive neighborhoods in Elkhart.
Neighborhood
Average Rent
Average Sq Ft
Which Elkhart neighborhoods have the most rentals available?
The neighborhoods in Elkhart with the most apartments available are State St/Division St Hist District, South Elkhart and North Elkhart .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Elkhart, IN?
Because the average rent in Elkhart is $1,062, you’ll want to make about $3,540 per month or $42,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Elkhart, IN is 7.1% lower than the national average. Generally, housing in Elkhart is 22.6% less expensive than the national average, with rent falling between $882 - $1,243. You can expect to pay 1.4% less for groceries, 1.3% less for utilities, and 2.5% more for transportation.
How does Elkhart, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Elkhart, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$606/month
$1,516/month
One Bedroom
$899/month
$1,430/month
Two Bedroom
$1,009/month
$1,814/month
Three Bedroom
$1,172/month
$3,174/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.