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ZIP Code · IN

ZIP 46360

Pop. 43,817·La Porte County·108th most expensive ZIP in Indiana
Median rent (all units)
$1,114/mo
Year-over-Year
-4.1%
Month-over-Month
-4.2%
vs US Median
-$851
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46360 · $1,114
More affordable than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$830
1 BR
$900
2 BR
$1,090
3 BR
$1,370
4 BR+
$1,580
Research median
$1,090/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$13,368/yr
At $1,114/mo median
Location
StateIN
CountyLa Porte County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 4.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-4.1% YoY, -4.2% MoM), not inventory.
Demographics

Who lives here

ZIP 46360 (Michigan City, IN) is majority owner-occupied, has a large retiree population, has a median income below the national average, 23.8% of residents hold a bachelor's degree or higher.

Population
43,817
Median income
$59,266
Median age
41.2
Renters
31.8%
Age distribution
19.8%
21.7%
23.7%
13.5%
21.3%
Under 1819.8%
18–3421.7%
35–5423.7%
55–6413.5%
65+21.3%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
68.7%
20.3%
White68.7%
Black20.3%
Hispanic7.7%
Asian0.8%
Other2.4%
Education (25+)
38.9%
27.4%
23.8%
No HS diploma9.9%
HS diploma38.9%
Some college27.4%
Bachelor's+23.8%
Housing tenure
68.2%
31.8%
Owner68.2%
Renter31.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 46360 in Michigan City, IN has changed in 5 years

Income
$52,026 → $59,266
up 13.9%
Population
43,888 → 43,817
down 0.2%
Renter share
33.7% → 31.8%
-1.9 pts
Bachelor's+
20.3% → 23.8%
+3.5 pts
Median age
39.8 → 41.2
+1.4 yrs

Household income in the area moved from $52,026 to $59,266 across the same window, up 13.9% versus 2021. The renter share has eased from 33.7% to 31.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 20.3% to 23.8% across the same window.

Community

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Local insights

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About renting in ZIP 46360

Last updated: July 20, 2026

ZIP code 46360 covers Michigan City, IN. The median rent here is $1,114/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,090/mo.

At 23% of local median household income ($59,266/yr), ZIP 46360 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 4.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46360?

As of July 20, 2026, the median monthly rent in ZIP 46360 (Michigan City, IN) is $1,114. This is based on aggregated data from public sources and community submissions.

How does ZIP 46360 rent compare to the US average?

ZIP 46360's median rent of $1,114/mo is $851 (43%) below the US national median of $1,965/mo.

How does ZIP 46360 compare to other ZIPs in Indiana?

ZIP 46360 is among the more affordable ZIP codes in Indiana, ranking #108 out of 144 ZIPs at $1,114/mo.

How much income do you need to rent in ZIP 46360?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (~$22/hour full-time) to afford the median rent of $1,114/mo in ZIP 46360. The local median household income is $59,266/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46360?

Rent in ZIP 46360 has decreased 4.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 46360 an affordable place to rent?

ZIP 46360 is considered very affordable for renters. At $1,114/mo, rent takes approximately 23% of the local median household income ($59,266/yr). The standard benchmark is 30%. ZIP 46360 falls comfortably within that range.

What percentage of ZIP 46360 residents rent vs. own?

According to Census data, approximately 31.8% of ZIP 46360 households are renters, while 68.2% are owner-occupied. ZIP 46360 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46360 compare to the rest of Michigan City?

ZIP 46360 sits right at the Michigan City citywide median of $1,114/mo.

When was rent data for ZIP 46360 last updated?

Rent data for ZIP 46360 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,114/mo, rent takes ~23% of ZIP 46360's median household income ($59,266/yr). The standard benchmark is 30%.

ZIP 46360 23%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46360 (Michigan City, IN)

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