Michigan City, La Porte County, IN

Median Home Price Price

$177,373 $177.4K

Median Monthly Rent Rent

$1,171 $1.2K

13.0x

Market Snapshot

Michigan City, La Porte County, IN is a city market with a median home price of $177,373, a median monthly rent of $1,171, a GRM of 13.0x, and a price-to-rent ratio of 12.6.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within La Porte

No same-county alternatives are available for this market yet.

More markets to explore

01 Fountaintown, Shelby County, IN
Top recommendation Within state Higher GRM Premium price Higher rent Rent momentum
High confidence
Price $303.9K
Rent $1.3K
GRM 20.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Fountaintown, Shelby County, IN
$304K $1.3K 20.0x
Terre Haute, Vigo County, IN Explore deeper
$152K $1.1K 12.0x
Wabash, Wabash County, IN Explore deeper
$170K $928 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Ashwaubenon, Brown County, WI
$322K $1.0K 26.0x
Albion, Calhoun County, MI
$136K $984 12.0x
West Branch, Cedar County, IA
$283K $1.3K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Michigan City

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Benchmark comparison

Rent in Michigan City, IN is 8.1% lower than Fountaintown, IN.

Compare to Fountaintown, IN
Michigan City, IN
Fountaintown, IN
Delta
Median rent
$1,171
$1,274
+$103
Median price
$177,373
$303,927
+$126,554
YoY change
+$94
+$81
-$13
Price-to-rent
12.6x
19.9x
+7.3x

Key takeaways

  • Michigan City, La Porte County, IN has a lower-grm screening profile: At 13.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $94 year over year.
  • Rent in Michigan City, IN is 8.1% lower than Fountaintown, IN.