Most Affordable ZIP Codes in Michigan City-La Porte, IN (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 46346 Kingsford Heights, IN $170,249 $990 4.54% 12.0%
2 46532 Hamlet, IN $208,548 $1,017 3.80% 7.0%
3 46348 La Crosse, IN $219,935 $1,161 4.12% 6.7%
4 46360 Michigan City, IN $237,945 $1,097 3.59% 7.4%
5 46350 La Porte, IN $279,723 $1,229 3.43% 6.4%
6 46340 Hanna, IN $282,334 $927 2.56% 6.7%
7 46390 Wanatah, IN $288,649 $1,341 3.62% 6.7%
8 46382 Union Mills, IN $307,288 $1,071 2.72% 7.0%
9 46371 Rolling Prairie, IN $323,750 $1,296 3.12% 6.1%
10 46365 Mill Creek, IN $324,622 $1,053 2.53% 6.2%
11 46391 Westville, IN $355,583 $1,278 2.80% 6.3%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Michigan City-La Porte, IN  ·  Appreciation in Michigan City-La Porte, IN

Or see the full Michigan City-La Porte, IN metro profile.