Rent in Mitchell, IN
A 2-bedroom in Mitchell, IN (ZIP 47446) typically rents for about $874 a month, with a range of $874–$1,026. Owner-occupied homes in Lawrence County pay about 0.60% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $768 | $768 | 1 |
| 1 bed | $556 | $556–$784 | 1 |
| 2 beds | $874 | $874–$1,026 | 1 |
| 3 beds | $946 | $946–$1,222 | 1 |
| 4 beds | $1,142 | $1,142–$1,572 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Mitchell ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Mitchell, IN?
- About $874 a month: the median of the typical rents in 1 ZIP code, which range from $874–$1,026. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Mitchell, IN?
- About $556 a month: the median of the typical rents in 1 ZIP code, which range from $556–$784. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Mitchell, IN?
- About $946 a month: the median of the typical rents in 1 ZIP code, which range from $946–$1,222. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Mitchell, IN?
- About $768 a month: the median of the typical rents in 1 ZIP code, which range from $768. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Mitchell, IN?
- About $1,142 a month: the median of the typical rents in 1 ZIP code, which range from $1,142–$1,572. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Mitchell, IN?
- Owner-occupied homes in Lawrence County pay a typical 0.60% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Mitchell rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).