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Rent by ZIP · Elkhart County

Rent in Elkhart, IN 46516

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,230 (+7% vs FY2026). Renters in this ZIP code pay a median $1,016 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$990$940+5.3%$891–1,089$1,668 ±$639
1 bedroom$1,030$960+7.3%$927–1,133$817 ±$235
2 bedrooms$1,230$1,150+7%$1,107–1,353$1,031 ±$58
3 bedrooms$1,620$1,510+7.3%$1,458–1,782$1,096 ±$80
4 bedrooms$1,720$1,540+11.7%$1,548–1,892$1,340 ±$65

Small Area FMRs for the Elkhart-Goshen, IN MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Elkhart-Goshen, IN MSA, 2 bedrooms: $1,253.

What renters pay in 46516

Median gross rent$1,016±$46 · all sizes
Renter households4,57337% of occupied homes
No cash rent121households

How rents are spread

Under $1,00048%
$1,000–1,49947%
$1,500–1,9995%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
46517Elkhart$1,170$900
46514Elkhart$1,320$1,060
46511Culver$1,050$651
46510Claypool$1,100$1,075
46508Burket$1,030–
46524Etna Green$1,030–

Fair Market Rents across Elkhart County, IN · All IN counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.