The median home in Mishawaka, Indiana is valued at $197,683, up 2.3% year over year. Typical monthly rent is $1,244, producing a price-to-rent ratio of 13.2x — below the national average of 18x. Mishawaka is part of the South Bend-Mishawaka, IN-MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: South Bend-Mishawaka, IN-MI stress score, crash risk, and 12-month forecast →

Home Value$197,683

+2.3%

Rent$1,244/mo

AFFORDABILITY

Enter your income for Mishawaka.

Income (annual)

Down Payment

$39,537 on $197,683

Affordable — 20.4% of income

Under the 28% guideline.

PITI$1,273

P/I20.4%

Afford$272K

Room+$74K

P&I $1,000Tax $140Ins $133

Renting $29/mo cheaper ($1,244 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Mishawaka with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full South Bend-Mishawaka, IN-MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the South Bend-Mishawaka, IN-MI metro.

View South Bend-Mishawaka, IN-MI metro →

MISHAWAKA, IN