Homes for Rent in Michigan City, IN

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What to Know About

Life in Michigan City & Beyond

Michigan City shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Michigan City, IN

As of August 2025, Michigan City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Michigan City's average rent is 1.8% ($23) lower than the Indiana average of $1,247 and 31.6% ($566) lower than the U.S. average of $1,790.

Average Rent
$1,224
Monthly ChangeMonth Over Month Change
Decreased3.9% ($50)
Yearly ChangeYear Over Year Change
Increased0.8% ($10)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,055 Decreased2.4% ($26) Increased21.4% ($186)
2 Beds $1,333 Decreased2.5% ($34) Increased33.4% ($334)
3 Beds $1,546 Increased0.6% ($9) Increased18.3% ($239)
Nearby Cities Average Rent Avg. Rent vs. Michigan CityAverage Rent vs. Michigan City Avg. Days on MarketAverage Days on Market
La Porte $953 Decreased22.1% ($271) 33 days
Chesterton $1,627 Increased32.9% ($403) 29 days
Portage $1,349 Increased10.2% ($125) 30 days
Valparaiso $1,331 Increased8.7% ($107) 34 days
New Carlisle $1,103 Decreased9.9% ($121) 39 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Michigan City Rental Market FAQs

Explore rental prices, market trends, and availability in Michigan City, IN.

The average rent in Michigan City, IN is $1,224 per month.
Homes in Michigan City typically rent for between $739 and $2,010 per month, with an average of $1,224 per month.
In Michigan City, the average rent for a 1-bedroom home is $1,055 per month, for a 2-bedroom home, $1,333 per month, and a 3-bedroom home is $1,546 per month.
The average rent in Michigan City is 31.6% ($566) lower than the national average of $1,790 per month.
The average rent in Michigan City has decreased by 3.9% ($50) in the last month and increased by 0.8% ($10) over the past year.
The rental market in Michigan City, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Michigan City, IN, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 16 rental properties available in Michigan City, IN.
Based on the current averages, a household would need an annual income of $53,320 to comfortably afford a 2-bedroom home in Michigan City.
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