4 Hours Ago
Highlights
- Convenient location
- Fridge and stove/oven
Location
514 South 5th Street, Elkhart, Indiana 46516, United States|West Central
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Property Overview
514 South 5th Street presents a well-rounded opportunity for renters, featuring a convenient location with strong amenities that score highly in both accessibility and sustainability. With a Zumper expert rating of 7.9, competitive pricing, and a notable array of nearby dining and recreational options, this property aligns well with active lifestyles. Moreover, its transparency in showcasing features contributes to a sense of trustworthiness for prospective residents.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Eco living
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 550 sqft | $775 /mo | 1 unit available | Apply now: https screen boompay app a 7EsnZZZ5Pv6DpPEiZ2HJ Welcome to 514 South 5th Street in Elkhart, IN! This cozy upstairs apartment features two bedroom and one bathroom, perfect for those seeking a comfortable living space. The unit boasts a full kitchen equipped with a fridge and stove/oven, ideal for preparing meals at home. With a large living area, there is plenty of space to relax and unwind. Step outside to enjoy the shared porch, perfect for enjoying the fresh air. Don't miss out on this charming apartment in a convenient location. APPLY TODAY! Lease Terms - 1 Year Option to purchase Renter Insurance through MBSR or provide your own coverage. Rental insurance is a must. Deposit is to be placed within 24 hours after viewing the unit to hold it. |
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Amenities for 514 South 5th Street
Apartment Amenities
| Large Space | Upstairs Unit |
Appliances
| Oven | Range |
| Refrigerator |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Building details
Property details
| Units | 2 |
|---|
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About 514 South 5th Street
Apply now: https screen boompay app a 7EsnZZZ5Pv6DpPEiZ2HJ Welcome to 514 South 5th Street in Elkhart, IN! This cozy upstairs apartment features two bedroom and one bathroom, perfect for those seeking a comfortable living space. The unit boasts a full kitchen equipped with a fridge and stove/oven, ideal for preparing meals at home. With a large living area, there is plenty of space to relax and unwind. Step outside to enjoy the shared porch, perfect for enjoying the fresh air. Don't miss out on this charming apartment in a convenient location. APPLY TODAY! Lease Terms - 1 Year Option to purchase Renter Insurance through MBSR or provide your own coverage. Rental insurance is a must. Deposit is to be placed within 24 hours after viewing the unit to hold it.
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 514 South 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 514 South 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
514 South 5th Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A 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.
514 South 5th Street goes above and beyond to provide sought-after conveniences and desirable perks, including large space. Renters looking for popular or luxurious features will find them here—and for that reason, 514 South 5th Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
514 South 5th Street 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 514 South 5th Street 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.
514 South 5th Street 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.
514 South 5th Street 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 514 South 5th Street compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in West Central
1-bedroom apartments at 514 South 5th Street cost about 3% less than the average rent price for 1-bedroom apartments in West Central.
Median rents as of Nov 15 2025.
West Central
Elkhart
| Month | Median Rent |
|---|---|
| December 2023 | $690 |
| January 2024 | $700 |
| February 2024 | $725 |
| March 2024 | $781 |
| April 2024 | $825 |
| May 2024 | $829 |
| June 2024 | $795 |
| July 2024 | $800 |
| August 2024 | $781 |
| September 2024 | $822 |
| October 2024 | $834 |
| November 2024 | $812 |
| December 2024 | $815 |
| January 2025 | $850 |
| February 2025 | $837 |
| March 2025 | $822 |
| April 2025 | $800 |
| May 2025 | $854 |
| June 2025 | $840 |
| July 2025 | $790 |
| August 2025 | $778 |
| September 2025 | $774 |
| October 2025 | $790 |
| November 2025 | $800 |
| Month | Median Rent |
|---|---|
| December 2023 | $636 |
| January 2024 | $650 |
| February 2024 | $675 |
| March 2024 | $740 |
| April 2024 | $675 |
| May 2024 | $700 |
| June 2024 | $660 |
| July 2024 | $600 |
| October 2024 | $595 |
| November 2024 | $605 |
| December 2024 | $611 |
| January 2025 | $660 |
| February 2025 | $675 |
| August 2025 | $663 |
| September 2025 | $687 |
| October 2025 | $766 |
| November 2025 | $800 |
Affordability calculator
Can I afford to live at 514 South 5th Street?
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 514 South 5th Street
Mary Beck Elementary School
818 mcdonald st
elkhart, IN, 46516
PK, K-6Public
C-
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Internet available near 514 South 5th Street
Neighborhood
West Central | Elkhart, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Elkhart near 514 South 5th Street
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
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 514 South 5th Street, Elkhart
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
2/10
No high schools within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 514 South 5th Street
Martin's Super Market
575 E Jackson Blvd
Beardsley Food Market Inc
628 W Beardsley Ave
Paraiso
111 E Lusher Ave
Fresh Encounter
1708 S Nappanee St
Save-A-Lot
1708 S Nappanee St
Elegant Designs
620 S Main St
Stephenson's
211 S Main St
Bella's Boutique
226 S Main St
Miss Michelle Boutique
403 Chapman Ave
Shepard's Cove Clothing Pantry
347 W Lusher Ave
The Electric Brew
113 E Lexington Ave
Baker's Nook Cafe
127 Easy Shopping Pl
Starbucks
575 E Jackson Blvd
Steelyard Coffee Co
916 N Michigan St
Dunkin'
415 N Nappanee St
Five Star Dive Bar
526 S Main St
Hardy's Bar
610 S Main St
Bowly's Crystal Bar Inc
109 Freight St
High Note Rooftop
500 S Main St
Crimaldi's Restaurant
117 W Jackson Blvd
Le Macaron French Pastries
503 S Main St
The Dutch Kernel-Elkhart
524 S Main St
Mini Delights LLC
217 S Main St
Baker's Nook Cafe
127 Easy Shopping Pl
Hernadez Bakery
319 W Lusher Ave
Cobus Creek Park
Cleveland Little League Park
Ferrettie/Baugo Creek
Fern Hunsberger Park
Siciliano's Restaurant
409 Harrison St
Michael's Italian Restaurant
528 Harrison St
Kao's
201 W Marion St
523 Tap & Grill
523 S Main St
Le Macaron French Pastries
503 S Main St
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