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Viewing 1-13 of 13 rentals in Michigan City
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 June 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 1.9% ($24) higher than the Indiana average of $1,277 and 27.1% ($483) lower than the U.S. average of $1,784.
Average Rent
$1,301
Monthly ChangeMonth Over Month Change
2.4% ($30)
Yearly ChangeYear Over Year Change
16.5% ($184)
Avg. Days on MarketAverage Days on Market
31
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,116 | 0.1% ($1) | 20.8% ($192) |
| 2 Beds | $1,375 | 0.2% ($3) | 29.5% ($313) |
| 3 Beds | $1,529 | 1.8% ($28) | 10% ($139) |
| Nearby Cities | Average Rent | Avg. Rent vs. Michigan CityAverage Rent vs. Michigan City | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| La Porte | $892 | 31.4% ($409) | 33 days |
| Chesterton | $1,594 | 22.5% ($293) | 29 days |
| Portage | $1,416 | 8.8% ($115) | 30 days |
| Valparaiso | $1,410 | 8.4% ($109) | 34 days |
| New Carlisle | $1,075 | 17.4% ($226) | 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 $1,301 per month.
Homes in Michigan City typically rent for between $781 and $1,988 per month, with an average of $1,301 per month.
In Michigan City, the average rent for a 1-bedroom home is $1,116 per month, for a 2-bedroom home, $1,375 per month, and a 3-bedroom home is $1,529 per month.
The average rent in Michigan City is 27.1% ($483) lower than the national average of $1,784 per month.
The average rent in Michigan City has increased by 2.4% ($30) in the last month and increased by 16.5% ($184) 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 13 rental properties available in Michigan City, IN.
Based on the current averages, a household would need an annual income of $55,000 to comfortably afford a 2-bedroom home in Michigan City.
