Rent here is among the highest 10% in the country. 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 $140,040 a year. That is $67 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 132 of 132 cities from cheapest to most expensive.
How much do households earn in Mooresville?
Share of households by yearly income. 19.0% of households earn $100,000 or more.
Rent by apartment size in Mooresville
| Size | Mooresville | U.S. average |
|---|---|---|
| 1 bedroom | $858 | $1,324 |
| 2 bedrooms | $1,141 | $1,509 |
| 3 bedrooms | $1,477 | $1,698 |
| 4 bedrooms | $2,777 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mooresville overall?
Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mooresville, so the Indiana figure is shown.
Taxes and bills in Mooresville
Life in Mooresville
Is it cheaper to rent or buy in Mooresville?
Buying is cheaper month to month: about $2,069 a month less than renting.
Owning assumes a typical $206,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,640 for the down payment.
Frequently asked questions
What is the average rent in Mooresville, IN?
Renting in Mooresville costs a median of about $3,500+ a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in Mooresville?
To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.
Is Mooresville cheap or expensive?
Mooresville is rated Expensive: rent takes 56.5% of the typical household income of $74,398. It ranks 132nd cheapest of 132 Indiana cities we track.
How much are property taxes in Mooresville?
The median homeowner in Mooresville pays $1,222 a year in property taxes, about 0.59% of the median home value.
Is Mooresville more expensive than the national average?
Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Mooresville?
The median home value in Mooresville is $206,400, about 2.8 times the typical yearly household income.
9,751 people live in Mooresville. Numbers are typical (middle) values.