Michigan City-La Porte
Indiana · Ranked #62 of 373 metros
89Affordable
💡
Housing in Michigan City-La Porte costs 3.12× the median income, below the national average of 4.5×. The median home price is $196K and median rent is $994/month. Michigan City-La Porte ranks #62 of 373 metros for affordability.
Median Home Price
🏠$196K
Need $58K income
Median Rent
🔑$994
Need $40K income
Building Permits
🔨296
annual
Median Income
💰$63K
Pop: 115,684
Rent Burden
⚠️19.7%
of renters paying >30%
Homeownership
🏡74.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Michigan City-La Porte | National |
|---|---|---|
| Price-to-Income Ratio | 3.12x | 6.1x |
| Rent Burden | 19.7% | 31.5% |
| Homeownership Rate | 74.0% | 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$874/mo
1 Bedroom$953/mo
2 Bedroom$1,152/mo
3 Bedroom$1,454/mo
4 Bedroom$1,680/mo
Zillow Market Data
Home Value (ZHVI)
$247K
1yr: +3.7%5yr: +42.6%
Rent (ZORI)
$1,194/mo
1yr: +3.9%
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
$170K
Active Inventory
5
Days on Market
166
Sold Above List
0.0%
Price Drops
40.0%