States › Indiana › Mooresville

Is Mooresville, IN expensive to live in?

ExpensiveRent takes 56 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$74,398about $6,200/month · 15% lower than U.S. average
🔑 House price$206,40038% lower than U.S. average

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.

Mooresville
$3,500+
$826

How much do households earn in Mooresville?

Under $25k
13.4%
$25k–50k
25.3%
$50k–100k
36.7%
$100k–150k
14.6%
$150k+
4.5%

Share of households by yearly income. 19.0% of households earn $100,000 or more.

Rent by apartment size in Mooresville

SizeMooresvilleU.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).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
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

🏛️ Property tax$1,222a year · 0.59% of home value · U.S. $3,119
⚡ Electric bill$149a month (typical) · U.S. $156

Life in Mooresville

Commute to work28.3 minU.S.: 26.4 min
College degree21.7%U.S.: 35.7%
Own their home67.9%U.S.: 65.2%
Below poverty line13%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Mooresville?

Buying is cheaper month to month: about $2,069 a month less than renting.

Renting
$3,500+
Owning
$1,432

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.