Real Estate Investing in Middlebury, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 13,239 • Elkhart County

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Should you buy in Middlebury, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Middlebury, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $382,825
Avg Monthly Rent $1,125
ZIP Codes 1

Investing in Middlebury Real Estate

Across Middlebury's 1 ZIPs, the picture is lackluster: $383K median values, $1,125/mo rents, and a population that has faced real economic pressure.

decisively Middlebury's aggregate rating of ★★★☆☆ reflects lackluster investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rent trends and price trends in Middlebury are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Indiana.

Demographics in Middlebury show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Elkhart-Goshen, IN

Middlebury is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$382,825
Avg Monthly Rent
$1,125
1% Rule
✗ Below
Landlord Friendly (IN)

ZIP Codes in Middlebury, IN

Screen every ZIP in Middlebury

Filter Middlebury’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Middlebury, IN

Is house hacking profitable in Middlebury, IN?

For house hackers, Middlebury, IN is a challenging. The $1,125/mo rent on a unit helps defray the mortgage on a $383K property.

Is Middlebury, IN a friendly market for rental owners?

Rental owners in Middlebury, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What kind of vacancy should I budget for in Middlebury, IN?

Expect elevated vacancy in Middlebury, IN. Rents at $1,125/mo are absorbed by the tenant base without meaningful lag.

What are rental rates like in Middlebury, IN?

Middlebury, IN rentals go for roughly $1,125/mo a month. That puts gross yield in solid territory relative to $383K acquisition costs.

Are homes affordable in Middlebury, IN?

Typical homes in Middlebury, IN go for around $383K. The 5-year CAGR of 0.0% steady price movement.

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