6

Studio Apartments for Rent in Elkhart, IN

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    Starting at $875 Per Month

    • Studio - 2 Beds

    3314 C Ln, Elkhart, IN 46517

    Old Farm Apartments is where you find a home that allows you to get away from it all without giving up the conveniences of city life. Our various studio, one, and two-bedroom apartments in Elkhart are the perfect balance between comfortable and convenient thanks to their great amenities and caring customer service. Pets allowed! At 3314 C Lane, our welcoming community awaits you and your loved

    Old Farm Apartments

    3314 C Ln, Elkhart, IN 46517
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    Starting at $927 Per Month

    • Studio - 2 Beds

    3530 E Lake Dr N, Elkhart, IN 46514

    Your new home awaits at Walnut Trails Apartments, an inviting community that answers your need for a comfortable, charming, and centrally-located home in Elkhart, Indiana. Designed with the resident lifestyle in mind, our community provides one- and two -bedroom pet-friendly homes that feature amenities such as a swimming pool with sundeck, and clubhouse with coffee bar. Walnut Trails offers our

    Walnut Trails Apartments

    3530 E Lake Dr N, Elkhart, IN 46514
  • /36

    Starting at $1,174 Per Month

    • Studio - 3 Beds

    318 S Elkhart Ave, Elkhart, IN 46516

    Stonewater at Riverwalk features open and spacious floor plans and unrivaled amenities, featuring Fire Pits, Lounge Areas, Grilling Station and Saltwater Pool w/ Large Wet Deck, Coffee Lounge, Conference Room, Fireplace Lounge, Pet Spa, Community Demonstration Kitchen, Bike Repair & Storage, Gaming & Maker's Space, 24-Hour Fitness Center w/ Fitness onDemand® , and guest suite. Spacious floor

    Stonewater at the Riverwalk

    318 S Elkhart Ave, Elkhart, IN 46516
  • /35

    Starting at $605 Per Month

    • Studio - 3 Beds

    908 S Main St, Elkhart, IN 46516

    La Casa Estates offers 1, 2, & 3 bedroom apartment homes. We offer the lowest rents and best units in town! Laundry facilities located in each building for your convenience. Each unit includes appliances and air conditioning. Resident pays electric bill only. The Best Place to Live is located on Main St in Elkhart.

    La Casa Estates

    908 S Main St, Elkhart, IN 46516
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    Starting at $605 Per Month

    • Studio - 3 Beds

    123 W Hively Ave, Elkhart, IN 46517

    Elkhart Green apartment homes offer great living in the heart of Elkhart, Indiana. With thoughtfully designed floor plans, residents enjoy spacious layouts. Nestled in a vibrant community, these apartments provide convenient access to local attractions, dining, and shopping.

    Elkhart Green

    123 W Hively Ave, Elkhart, IN 46517
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    $850 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    517 W Marion St Unit B, Elkhart, IN 46516

    517 W Marion St Apt B. Main floor, Back of home apartment. Studio type apartment, kitchen. No living space is shared. Will need to do ($32) background check (low credit okay and small criminal history okay) and ($25) application per adult. We will need 1st months rent - $850, and deposit $850, a total of $1,700 to move in. !!!! As property management - we DO NOT charge anything to

    517 W Marion St Unit B, Elkhart, IN 46516

Why Live in Elkhart

Elkhart's cultural scene centers around the historic Lerner Theatre, which hosts Broadway shows and concerts in a beautifully restored 1924 venue. The Wellfield Botanic Gardens provides 36 acres of themed gardens and serene water features, while the Midwest Museum of American Art showcases 19th and 20th century American artwork downtown. Known as the "RV Capital of the World," Elkhart produces 80% of global recreational vehicles through major employers like Thor Industries and Forest River. The Elkhart Riverwalk meanders along two rivers, connecting to parks like NIBCO Water and Ice Park, which transforms seasonally between ice skating and splash pad activities. Local dining highlights include Artisan for American cuisine, Iechyd Da Brewing Company for craft beers, and Osteria Amici for Italian fare.

The median sale price for homes in Elkhart is $215,000, with approximately 100 properties currently available ranging from $90,000 to $1.1 million. Single-family homes represent the primary housing type, with median prices varying significantly by neighborhood: East Lake commands $336,000, Simonton Lake averages $310,000, and Historic Roosevelt sits at $165,000. The median townhome price is $152,000, while two-bedroom condos typically list at $176,300.

Elkhart's cost of living sits 6.9% below the national average. A family with school-age children needs approximately $98,000 annually to live comfortably, while renters should aim for $52,000. The property tax rate is 0.82%, with a 3% state income tax and 7% sales tax. Residents enjoy reasonable daily expenses, with gasoline at $3.268 per gallon. The Interurban Trolley system connects Elkhart to Goshen, while Amtrak provides service to Chicago, which lies 110 miles west.

Frequently Asked Questions

How much does it cost to rent a home in Elkhart, IN?
The median rent for a home in Elkhart, IN is $950 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Elkhart, IN?
To comfortably afford the median rent in Elkhart, IN, a household needs to earn roughly $38,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $950 per month in Elkhart, IN, renters typically need to show $2,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elkhart, IN?
In Elkhart, IN, the price-to-rent ratio is 18.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$950
Median Single Family Home Rent
$1,348
Median Townhouse Rent
$950
Median Condo Rent
$850
How to Rent a Home