Rent is lower than in 62% 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 $57,360 a year. That is $28 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 91 of 132 cities from cheapest to most expensive.
How much do households earn in South Haven?
Share of households by yearly income. 19.7% of households earn $100,000 or more.
Rent by apartment size in South Haven
| Size | South Haven | U.S. average |
|---|---|---|
| 1 bedroom | $843 | $1,324 |
| 2 bedrooms | $1,450 | $1,509 |
| 3 bedrooms | $1,491 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is South Haven 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 South Haven, so the Indiana figure is shown.
Taxes and bills in South Haven
Life in South Haven
Is it cheaper to rent or buy in South Haven?
Buying is cheaper month to month: about $198 a month less than renting.
Owning assumes a typical $178,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,820 for the down payment.
Frequently asked questions
What is the average rent in South Haven, IN?
Renting in South Haven costs a median of about $1,434 a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in South Haven?
To keep rent under 30% of income, you need about $57,360 a year, or $28 an hour at a full-time job.
Is South Haven cheap or expensive?
South Haven is rated OK: rent takes 21.0% of the typical household income of $81,969. It ranks 91st cheapest of 132 Indiana cities we track.
How much are property taxes in South Haven?
The median homeowner in South Haven pays $1,164 a year in property taxes, about 0.65% of the median home value.
Is South Haven 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 South Haven?
The median home value in South Haven is $178,200, about 2.2 times the typical yearly household income.
7,241 people live in South Haven. Numbers are typical (middle) values.