1 Hour Ago
Highlights
- Beautiful plank flooring
- Shopping and dining options
Location
516 W 3rd St, Mishawaka, IN 46544, USA
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Property Overview
516 W Third St received an impressive 8.6 out of 10 from Zumper, highlighting its competitive pricing and excellent amenities. With a location rating of 9, residents enjoy convenient access to shopping, dining, parks, and public transport. The property also emphasizes environmental sustainability and a vibrant social scene, making it a desirable choice for those seeking an engaging community.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
- Middle school nearby
Great for
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 750 sqft | $800 /mo | 1 unit available | Discover a recently updated, main-level 1-bedroom, 1-bath apartment in Mishawaka offering large, open living space and new LVP flooring throughout. Located close to downtown Mishawaka and nearby shopping and restaurants, the unit provides convenient access to local amenities and is near a park for outdoor recreation. The thoughtful updates and main-level layout make this apartment an attractive option for those seeking comfortable, accessible living in a well-situated location. 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 violent felonies 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 |
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Amenities for 516 W Third st
Apartment Amenities
| Large Space | New LVP Flooring Throughout |
| Tenant Pays Electric |
Appliances
| Fridge | Oven |
| Oven/Stove | Range |
| Refrigerator |
Neighborhood
| Near Park |
Other
| Recently Updated |
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
Building details
Property details
| Units | 3 |
|---|
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About 516 W Third st
Discover a recently updated, main-level 1-bedroom, 1-bath apartment in Mishawaka offering large, open living space and new LVP flooring throughout. Located close to downtown Mishawaka and nearby shopping and restaurants, the unit provides convenient access to local amenities and is near a park for outdoor recreation. The thoughtful updates and main-level layout make this apartment an attractive option for those seeking comfortable, accessible living in a well-situated location. 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 violent felonies 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
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
- Less expensive
- Studio units are cheaper than other similar listings nearby
- More space
- Studio is 750 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Mishawaka
1-bedroom apartments at 516 W Third st cost about 42% less than the average rent price for 1-bedroom apartments in Mishawaka.
Median rents as of May 16 2026.
Mishawaka
| Month | Median Rent |
|---|---|
| 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 | $1,500 |
| February 2026 | $1,135 |
| March 2026 | $1,116 |
| April 2026 | $1,391 |
| May 2026 | $1,421 |
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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom 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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