Average Rent in Elkhart, IN (2026)
Typical asking rent in Elkhart is $1,037. Across the 3 ZIP codes with data it runs from $988 to $1,340, so which side of town you buy on matters as much as the city average. Data as of June 2026.
Rent by ZIP code in Elkhart
| ZIP code | County | Typical rent | vs city median |
|---|---|---|---|
| 46514 | Elkhart County | $1,340 | +29% |
| 46516 | Elkhart County | $1,037 | 0% |
| 46517 | Elkhart County | $988 | -5% |
How to use these numbers
These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.
If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Elkhart sits in the Elkhart-Goshen, IN metro area.
Other Indiana cities
Would a rental in Elkhart cash flow?
Start the analyzer with the Elkhart median rent of $1,037 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.