States › Indiana › Mishawaka

Is Mishawaka, IN expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,27227% lower than U.S. average
💵 Families earn per year (2026)$58,553about $4,879/month · 33% lower than U.S. average
🔑 House price$155,50053% lower than U.S. average

Rent is lower than in 71% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $50,880 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 74 of 132 cities from cheapest to most expensive.

Mishawaka
$1,272
$1,296
$1,825
$1,242
$1,936
$1,040

How much do households earn in Mishawaka?

Under $25k
20.2%
$25k–50k
29.7%
$50k–100k
32.1%
$100k–150k
8.1%
$150k+
4.9%

Share of households by yearly income. 13.0% of households earn $100,000 or more.

Rent by apartment size in Mishawaka

SizeMishawakaU.S. average
Studio$1,003$1,338
1 bedroom$1,042$1,324
2 bedrooms$1,274$1,509
3 bedrooms$1,401$1,698
4 bedrooms$852$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Mishawaka overall?

Everyday prices in the South Bend-Mishawaka metro area are 7% below the U.S. average (index 92.9, U.S. = 100).

Housing
75
Goods (food, clothes…)
94
Utilities
88
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Mishawaka

🏛️ Property tax$1,405a year · 0.90% of home value · U.S. $3,119
⚡ Electric bill$116a month (typical) · U.S. $156

Life in Mishawaka

Commute to work21.1 minU.S.: 26.4 min
College degree29.2%U.S.: 35.7%
Own their home49.3%U.S.: 65.2%
Below poverty line16.4%U.S.: 12.5%
Unemployment6.8%U.S.: 5.2%

What jobs pay in Mishawaka

JobMedian payRent / pay
Pharmacist$144,03010.6%
Physician Assistant$129,62011.8%
Nurse Practitioner$126,22012.1%
Operations Manager$104,50014.6%
Lawyer$103,05014.8%
Civil Engineer$96,18015.9%
Software Developer$95,50016.0%
Registered Nurse$93,54016.3%
Computer Systems Analyst$90,86016.8%
Dental Hygienist$82,65018.5%
Accountant$77,94019.6%
Police Officer$77,07019.8%
Plumber$74,19020.6%
Electrician$74,15020.6%
Licensed Practical Nurse$65,24023.4%
Market Research Analyst$64,00023.8%
Carpenter$61,69024.7%
HVAC Technician$59,46025.7%
Elementary School Teacher$58,18026.2%
Truck Driver$56,82026.9%
Firefighter$56,45027.0%
Medical Assistant$44,60034.2%
Customer Service Representative$40,42037.8%
Warehouse Worker$38,83039.3%
Nursing Assistant$38,55039.6%
Restaurant Cook$34,65044.1%
Retail Salesperson$30,93049.4%
Cashier$28,97052.7%
Server (Waiter/Waitress)$28,74053.1%

Is it cheaper to rent or buy in Mishawaka?

Buying is cheaper month to month: about $193 a month less than renting.

Renting
$1,272
Owning
$1,079

Owning assumes a typical $155,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,550 for the down payment.

Frequently asked questions

What is the average rent in Mishawaka, IN?

Renting in Mishawaka costs a median of about $1,272 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Mishawaka?

To keep rent under 30% of income, you need about $50,880 a year, or $24 an hour at a full-time job.

Is Mishawaka cheap or expensive?

Mishawaka is rated OK: rent takes 26.1% of the typical household income of $58,553. It ranks 74th cheapest of 132 Indiana cities we track.

How much are property taxes in Mishawaka?

The median homeowner in Mishawaka pays $1,405 a year in property taxes, about 0.90% of the median home value.

Is Mishawaka more expensive than the national average?

Overall prices in the metro area are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Mishawaka?

The median home value in Mishawaka is $155,500, about 2.7 times the typical yearly household income.

51,021 people live in Mishawaka. Numbers are typical (middle) values.