4 Days Ago
Highlights
- Vinyl plank flooring
- Large, open living space
- Unique floorplan
- Local parks
- New lvp flooring
Location
516 W 3rd St, Mishawaka, IN 46544, USA
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Property Overview
516 W Third st earns a solid overall rating with especially strong marks for amenities, location, and trustworthiness, suggesting a well-rounded rental option. It also offers vinyl plank flooring, a large open living space, and a unique floorplan, with nearby parks, restaurants, and local event hubs adding to the neighborhood appeal.
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
| 2BR/1.0BA | 2 bed | 1 bath | 700 sqft | $800 /mo | 1 unit available | Apply now: https screen boompay app a nNxYPOMM5BzHEf4Qe3RP Welcome to your new home in the heart of Mishawaka, IN. This apartment boasts two spacious bedrooms and a full bathroom, perfect for comfortable living. The unique and open floorplan allows for a seamless flow between rooms, creating an inviting and cohesive space. The vinyl plank flooring not only adds a touch of elegance but also ensures easy maintenance. The location is a standout feature, with the vibrant downtown Mishawaka just a stone's throw away. Enjoy the convenience of city living with a plethora of shops, restaurants, and entertainment options at your doorstep. For those who love the outdoors, the proximity to local parks offers a refreshing escape. Experience the perfect blend of comfort, style, and convenience in this Mishawaka apartment. At MBSR Rentals, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus pest control, air filter delivery, resident rewards, ID protection, utility setup assistance, credit building and more at a rate of {$44.45} month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. Lease Terms - 1 Year Tenants will have the option to provide their own insurance policy BEFORE signing or purchase a provided policy through your resident portal. Failure to provide policy will result in Tenant being added to landlord policy with no belonging coverage. This is NOT optional. Deposit is to be placed within 24 hours after viewing the unit to hold it. If you change your mind, this is NON-REFUNDABLE. Requirements** No evictions in the last 4 years Evictions over 4 years old cannot have a balance over $600.00 No collections with utility companies or management companies No rental history? No problem, At this point your deposit will vary based on credit score If you will have a pet ( cat or dog ) you are required to purchase renters insurance through your tenant portal |
Let's explore this property.
Amenities for 516 W Third st
Apartment Amenities
| Vinyl Plank Flooring |
Appliances
| Oven | Over the Range Microwave |
| Stove/Oven |
Neighborhood
| Close to Parks |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Concierge Services
Monthly.
$44.45
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 516 W Third st
Apply now: https screen boompay app a nNxYPOMM5BzHEf4Qe3RP Welcome to your new home in the heart of Mishawaka, IN. This apartment boasts two spacious bedrooms and a full bathroom, perfect for comfortable living. The unique and open floorplan allows for a seamless flow between rooms, creating an inviting and cohesive space. The vinyl plank flooring not only adds a touch of elegance but also ensures easy maintenance. The location is a standout feature, with the vibrant downtown Mishawaka just a stone's throw away. Enjoy the convenience of city living with a plethora of shops, restaurants, and entertainment options at your doorstep. For those who love the outdoors, the proximity to local parks offers a refreshing escape. Experience the perfect blend of comfort, style, and convenience in this Mishawaka apartment. At MBSR Rentals, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus pest control, air filter delivery, resident rewards, ID protection, utility setup assistance, credit building and more at a rate of {$44.45} month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. Lease Terms - 1 Year Tenants will have the option to provide their own insurance policy BEFORE signing or purchase a provided policy through your resident portal. Failure to provide policy will result in Tenant being added to landlord policy with no belonging coverage. This is NOT optional. Deposit is to be placed within 24 hours after viewing the unit to hold it. If you change your mind, this is NON-REFUNDABLE. Requirements** No evictions in the last 4 years Evictions over 4 years old cannot have a balance over $600.00 No collections with utility companies or management companies No rental history? No problem, At this point your deposit will vary based on credit score If you will have a pet ( cat or dog ) you are required to purchase renters insurance through your tenant portal
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.
7.4
/10
Very Good516 W Third st is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities 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·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.
516 W Third st goes above and beyond to provide sought-after conveniences and desirable perks, including close to parks. Renters looking for popular or luxurious features will find them here—and for that reason, 516 W Third st 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.
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·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Mishawaka
2-bedroom apartments at 516 W Third st cost about 52% less than the average rent price for 2-bedroom apartments in Mishawaka.
Median rents as of Jul 4 2026.
Mishawaka
| Month | Median Rent |
|---|---|
| July 2024 | $1,012 |
| 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 | $1,500 |
| February 2026 | $1,135 |
| March 2026 | $1,116 |
| April 2026 | $1,391 |
| May 2026 | $1,422 |
| June 2026 | $1,356 |
| July 2026 | $1,295 |
Affordability calculator
Can I afford to live at 516 W 3rd St?
Bedrooms
2 bedroomsRent-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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 2-bedrooms monthly rent price of $800.
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
South Bend Virtual School
740 north eddy st
south bend, IN, 46617
K-12Public
Buchanan Step Up
401 west chicago st
buchanan, MI, 49107
K-12Public
Buchanan Virtual Academy
401 w chicago st
buchanan, MI, 49107
K-12Public
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Internet available near 516 W Third st
Getting around Mishawaka near 516 W 3rd St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
7/10
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 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
10/10
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 walking distance
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