Elkhart-Goshen
Indiana · Ranked #70 of 373 metros
88Affordable
💡
Housing in Elkhart-Goshen costs 3.19× the median income, below the national average of 4.5×. The median home price is $214K and median rent is $1,079/month. Elkhart-Goshen ranks #70 of 373 metros for affordability.
Median Home Price
🏠$214K
Need $63K income
Median Rent
🔑$1,079
Need $43K income
Building Permits
🔨484
annual
Median Income
💰$67K
Pop: 185,801
Rent Burden
⚠️27.9%
of renters paying >30%
Homeownership
🏡72.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Elkhart-Goshen | National |
|---|---|---|
| Price-to-Income Ratio | 3.19x | 6.1x |
| Rent Burden | 27.9% | 31.5% |
| Homeownership Rate | 72.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$968/mo
1 Bedroom$992/mo
2 Bedroom$1,183/mo
3 Bedroom$1,553/mo
4 Bedroom$1,581/mo
Zillow Market Data
Home Value (ZHVI)
$255K
1yr: +5.0%5yr: +40.2%
Rent (ZORI)
$1,083/mo
1yr: +5.7%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$504K
Active Inventory
4
Days on Market
12
Sold Above List
33.3%
Price Drops
25.0%