7 Hours Ago
Location
516 W 3rd St, Mishawaka, IN 46544, USA
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Property Overview
516 W Third St is a well-rounded property with a Zumper expert rating of 7.3, complemented by an impressive amenities rating of 9 and a prime location rating of 9, offering residents easy access to schools, transport, and leisure spaces. Trustworthiness is also reflected in its ratings, ensuring transparency in management. Additionally, the property promotes environmental sustainability and social engagement, nestled within a vibrant community with ample parks and event hubs.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 750 sqft | $775 /mo | 1 unit available | Apply now: https screen boompay app a J8MvITxdGC9ePVT73Hee Welcome to your new home in the heart of Mishawaka, IN. This one-bedroom, one-bathroom upstairs apartment offers a perfect blend of comfort and convenience. The apartment features beautiful plank flooring and neutral paint colors, creating a warm and inviting atmosphere. Its prime location puts you close to downtown Mishawaka, offering a plethora of shopping and dining options. For those who love the outdoors, the apartment is also conveniently located near several parks. Experience the best of Mishawaka living in this charming apartment. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 516 W Third st
Apply now: https screen boompay app a J8MvITxdGC9ePVT73Hee Welcome to your new home in the heart of Mishawaka, IN. This one-bedroom, one-bathroom upstairs apartment offers a perfect blend of comfort and convenience. The apartment features beautiful plank flooring and neutral paint colors, creating a warm and inviting atmosphere. Its prime location puts you close to downtown Mishawaka, offering a plethora of shopping and dining options. For those who love the outdoors, the apartment is also conveniently located near several parks. Experience the best of Mishawaka living in this charming apartment.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.1
/10
Very Good516 W Third st is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
516 W Third st is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 516 W Third st is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
516 W Third st is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 516 W Third st does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
516 W Third st provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
516 W Third st is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 516 W Third st compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Mishawaka
1-bedroom apartments at 516 W Third st cost about 48% less than the average rent price for 1-bedroom apartments in Mishawaka.
Median rents as of Jan 17 2026.
Mishawaka
| Month | Median Rent |
|---|---|
| February 2024 | $899 |
| March 2024 | $779 |
| April 2024 | $719 |
| May 2024 | $881 |
| June 2024 | $1,198 |
| July 2024 | $1,137 |
| August 2024 | $1,268 |
| September 2024 | $1,119 |
| October 2024 | $908 |
| November 2024 | $1,065 |
| December 2024 | $1,120 |
| January 2025 | $1,149 |
| February 2025 | $1,217 |
| March 2025 | $1,492 |
| April 2025 | $1,641 |
| May 2025 | $1,575 |
| June 2025 | $1,465 |
| July 2025 | $1,466 |
| August 2025 | $1,606 |
| September 2025 | $1,585 |
| October 2025 | $1,565 |
| November 2025 | $1,578 |
| December 2025 | $1,527 |
| January 2026 | $1,494 |
Affordability calculator
Can I afford to live at 516 W 3rd St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$31,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 1-bedroom monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.
Schools near 516 W Third st
Oaklawn, The Children's Campus
1411 lincolnway west
mishawaka, IN, 46544
K-12Public
Lasalle Elementary School
1511 milburn blvd
mishawaka, IN, 46544
PK, K-6Public
C
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Internet available near 516 W Third st
Getting around Mishawaka near 516 W 3rd St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 516 W 3rd St, Mishawaka
Groceries
2/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
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