Cost of Living in Elkhart County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Elkhart County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Elkhart County ranks #2,230 of 3,142 counties for affordability (bottom 29%)
Sourced county brief
Median Gross Rent in Elkhart County Surpasses $1,000 Monthly
Median gross rent in Elkhart County was estimated at $1,047 per month, which is $136 above the Indiana unweighted county mean of $911. The official rentToIncomePct for the county is 29.1%, a value that is 2.2 percentage points above the state unweighted county mean of 26.9%. This percentage represents the official ACS B25071 GRAPI. Owner-occupied units have a median home value of $210,400, which is higher than the state unweighted mean of $191,899. Median selected monthly owner costs for all owner-occupied units are $991, also above the state mean of $951. Renter households in Elkhart County have a median income of $40,379. Each metric provides a snapshot of housing costs for specific tenure types. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Elkhart County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.1% of renter household income in Elkhart County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,047 per month; median selected monthly owner costs are $991. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $41,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Indiana unweighted mean of county median rents is $911 per month. Elkhart County's $1,047 median is 15.0% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Elkhart County
Rent Burden
18.3%
of gross income
Max Housing (28% Rule)
$1,600
per month
Owner Cost Burden
17.3%
of gross income
The median home in Elkhart County may be a stretch
Median home value is $210,400. Estimated monthly cost: $1,680 vs. your max of $1,600.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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