Rent in Elkhart, IA
A 2-bedroom in Elkhart, IA (ZIP 50073) typically rents for about $1,340 a month, with a range of $1,340–$1,360. Owner-occupied homes in Polk County pay about 1.68% 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 | $1,100 | $1,100–$1,102 | 1 |
| 1 bed | $1,150 | $1,145–$1,150 | 1 |
| 2 beds | $1,340 | $1,340–$1,360 | 1 |
| 3 beds | $1,840 | $1,840–$1,856 | 1 |
| 4 beds | $1,980 | $1,901–$1,980 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).
Elkhart ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Elkhart, IA?
- About $1,340 a month: the median of the typical rents in 1 ZIP code, which range from $1,340–$1,360. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Elkhart, IA?
- About $1,150 a month: the median of the typical rents in 1 ZIP code, which range from $1,145–$1,150. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Elkhart, IA?
- About $1,840 a month: the median of the typical rents in 1 ZIP code, which range from $1,840–$1,856. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Elkhart, IA?
- About $1,100 a month: the median of the typical rents in 1 ZIP code, which range from $1,100–$1,102. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Elkhart, IA?
- About $1,980 a month: the median of the typical rents in 1 ZIP code, which range from $1,901–$1,980. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Elkhart, IA?
- Owner-occupied homes in Polk County pay a typical 1.68% 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 Elkhart rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).