Michigan City-La Porte, IN · Indiana
LaPorte County
ZIP 46345
112,141 residents293 permits TTM$70,452 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$180,700
ACS 5-Year
Cap rate proxy
6.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.8%
HUD FMR ÷ ACS HHI
Net migration
+1.43%
IRS SOI
Permits (TTM)
293
Census BPS
Climate risk
78.9
FEMA NRI (0–100)
ZIP 46345
Median home value
—
Gross yield
—
Cap rate
6.1%
Rent gap
—
Affordability
P/I: 2.6R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 46360 | $223,306 | $1,090 | 5.9% | 6.4% | -9.7% |
| 46345 | — | — | — | 6.1% | — |
| 46346 | — | — | — | 6.1% | — |
| 46348 | $205,089 | $1,290 | 7.5% | 5.4% | 28.2% |
| 46574 | — | — | — | 5.0% | — |
| 46350 | — | — | — | 4.6% | — |
| 46340 | — | — | — | 4.2% | — |
| 46390 | $268,866 | $1,490 | 6.7% | 4.1% | 37.9% |
| 46382 | — | — | — | 3.9% | — |
| 46371 | — | — | — | 3.7% | — |
| 46365 | — | — | — | 3.7% | — |
| 46391 | $334,449 | $1,420 | 5.1% | 3.3% | 34.8% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
74.6%
Census ACS
Vacancy rate
12.4%
Census ACS
Bachelor's degree +
21.7%
Census ACS
Rent burdened
40.3%
Census ACS (>30% income)
Median age
40.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026