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Rental Market Trends in Elkhart, IN

Updated July 2026

The average rent in Elkhart, IN is $1,082/month.

Rent in Elkhart is 35% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,082/month

Average Rent

703 Sq Ft

Average Size

+7.6%

Change / Year

442

Available Apartments

Elkhart rent varies by unit size and layout:

  • Studio apartments in Elkhart average $884 per month.
  • One-bedroom apartments in Elkhart average $1,082 per month.
  • Two-bedroom apartments in Elkhart average $1,268 per month.
  • Three-bedroom apartments in Elkhart average $1,249 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$884/month
440 Sq Ft
One Bedroom
$1,082/month
703 Sq Ft
Two Bedroom
$1,268/month
971 Sq Ft
Three Bedroom
$1,249/month
1,237 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,573/month
894 Sq Ft
View Elkhart Apartments

How much has average rent changed in Elkhart, IN?

In the past year, rent has increased by 7.6%, which averages out to $82 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Elkhart, IN

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Elkhart, IN
Percentage*
Rent Range
3% Below $700/month
38% $700 - $1,000/month
47% $1,001 - $1,500/month
12% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Benham
$888/month
552 Sq Ft
South Elkhart
$1,123/month
684 Sq Ft
North Elkhart
$1,175/month
731 Sq Ft
State St/Division St Hist District
$1,685/month
816 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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
State St/Division St Hist District
$1,685/month
816 Sq Ft
North Elkhart
$1,175/month
731 Sq Ft
South Elkhart
$1,123/month
684 Sq Ft
South Benham
$888/month
552 Sq Ft

Which Elkhart neighborhoods have the most rentals available?

The neighborhoods in Elkhart with the most apartments available are South Elkhart, North Elkhart and South Benham .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
South Elkhart
$1,123/month
684 Sq Ft
North Elkhart
$1,175/month
731 Sq Ft
South Benham
$888/month
552 Sq Ft
State St/Division St Hist District
$1,685/month
816 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Elkhart, IN?

Because the average rent in Elkhart is $1,082, you’ll want to make about $3,606 per month or $43,272 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 8.8% lower than the national average. Generally, housing in Elkhart is 23.2% less expensive than the national average, with rent falling between $884 - $1,268. You can expect to pay 2.3% less for groceries, 0.2% less for utilities, and 0.6% less for transportation.

City

Elkhart, IN

442 Available Apartments for Rent

Search for Nearby Apartments

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.

View the Elkhart Area Guide

Apartment Averages

South Benham

Elkhart, IN

State St/Division St Hist District

Elkhart, IN

Studio
$606/month
$1,377/month
One Bedroom
$900/month
$1,528/month
Two Bedroom
$999/month
$1,796/month
Three Bedroom
$1,104/month
$3,174/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Granger

    Granger

  • Mishawaka

    Mishawaka

Apartment Communities in Elkhart We Think You'll Love

The Delta

The Delta

304 E Jackson Blvd,
Elkhart, IN 46516

Studio - 2 Beds | $1,250 - $1,780

Old Farm Apartments

Old Farm Apartments

3314 C Ln,
Elkhart, IN 46517

Studio - 2 Beds | $875 - $1,144

Maple Lane Apartments

Maple Lane Apartments

2001 Sugar Maple Ln,
Elkhart, IN 46514

1-2 Beds | $1,380 - $1,800

Arbor Lakes Apartments

Arbor Lakes Apartments

22538 Pine Arbor Dr,
Elkhart, IN 46516

1-2 Beds | $1,150 - $1,540

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Frequently Asked Questions

What is the average rent in Elkhart?

The average rent in Elkhart is $1,082 per month, which is 34.9% lower than the national average of $1,662.

What is the average rent for a house in Elkhart?

The average rent for a house in Elkhart, IN is $1,573 per month.

Are rents going up or down in Elkhart?

Rents in Elkhart, IN are increasing, with prices up 7.6% year-over-year and $82 more per month.

What rent range is most common in Elkhart?

In Elkhart, IN, 47% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Indiana Elkhart Rental Trends

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 June 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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity