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City · 34,420 residents · Elkhart County, Indiana

Goshen , Indiana

In Goshen, a typical home is worth $184,900 and typical rent is $1,093 a month. Compared with all of Elkhart County, typical household income is 14% lower, the typical home value is 12% lower, and the share of households that own their home is 10 points lower.

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  • Typical home value

    $184,900

    12% below the county

    15% below Indiana

    • Goshen
    • Elkhart
    • Indiana

  • Typical rent

    $1,093a month

    4% above the county

    3% above Indiana

    • Goshen
    • Elkhart
    • Indiana

  • Typical household income

    $59,184a year

    14% below the county

    18% below Indiana

    • Goshen
    • Elkhart
    • Indiana

  • Households that own their home

    62%

    10 points below the county

    9 points below Indiana

    • Goshen
    • Elkhart
    • Indiana

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$281,749
5% more than 12 months ago
Typical rent
$1,148 a month
3.1% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Goshen is in Elkhart County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Elkhart County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Goshen apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Elkhart, the typical home value is $139,500: 25% less than in Goshen ($184,900).

  2. Nearby, in Nappanee, the typical rent is $856: 22% less than in Goshen ($1,093).

  3. 62% of households in Goshen own their home, against 72% in Elkhart County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Goshen

What homes there are in Goshen, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Goshen (59%), but less so than in Elkhart County (70%).

In Goshen there are many mobile homes: 12% of homes; in Elkhart County, 8%.

Year built

The typical year built in Goshen is 1980, about the same as in Elkhart County (1977).

There are fewer big homes in Goshen than in Elkhart County: 55% have 3 bedrooms or more, against 65%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Elkhart County is high ($541,287): at least 100% of owner-occupied homes in Goshen are worth less than $500,000.

Monthly rent with utilities

About 64% of rented homes in Goshen cost less than HUD's 2-bedroom fair market rent for Elkhart County ($1,253); the rest cost more.

With a mortgage

$1,229 a month

Elkhart County: $1,323 a month

Without a mortgage

$546 a month

Elkhart County: $500 a month

Owners with a mortgage

57%

Elkhart County: 63%

In Goshen, 57% of owners have a mortgage, and their typical cost is $1,229 a month, against $1,323 in Elkhart County. Without one it drops to $546.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Goshen gained value faster than in Elkhart County: 53% against 46%.

Rents in Goshen rose faster than in Elkhart County: 39% since 2015–2019, against 29%.

The typical household income in Goshen rose 22%: less than home values (+53%) and rent (+39%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGoshenElkhart CountyIndianaUnited States
Rental vacancy Unreliable estimate12.0%5.6%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room 4.6%2.6%1.8%3.4%
People per household 2.732.832.462.53
Drive alone 74%74%76%69%
Carpool 17%16%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike 4%4%2%3%
Work from home 4%5%11%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

In Goshen, 4.6% of households live with more than one person per room, against 2.6% in Elkhart County.

Much as in Elkhart County, a household in Goshen has 2.73 people on average.

To get to work, 74% of workers in Goshen drive alone; in Elkhart County, 74%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Goshen?

A typical home is tight for the typical income

We start with a typical home in Goshen, worth $184,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Goshen, which is $59,184 a year. For that payment to be 28% of income, a household would need to earn about $65,856 a year.

The calculator's FHA and conventional loan limits are those of all of Elkhart County.

Your numbers

Local data
$

Starts at the typical home value in Goshen. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $6,472 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,537

at 7.18% · 30 years

Loan amount
$181,550
Total interest
$261,209
Paid off in
November 2056

Includes $3,122 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,381 a month

  • Tight

    $1,381 to $1,776 a month

    Your payment · 31%

  • Hard

    more than $1,776 a month

Compared with the typical household income in Goshen ($59,184 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,537
Principal & interest$1,230
Property tax$148
Home insurance$77
FHA mortgage insurance (MIP)$82

You need at least $6,472 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Goshen and Elkhart County

Goshen is in Elkhart County, Indiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Goshen's own numbers

Typical home value
$184,900
Typical monthly rent
$1,093
Typical yearly household income
$59,184
Households that own their home
62%
Effective property tax rate
0.96%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Elkhart County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,253
Price change over 5 years (FHFA)
+53%
Homes in a high flood-risk zone
1.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Elkhart County.

Everything about Elkhart County

Buying

Buying a home in Goshen

A typical home in Goshen is worth $184,900: 12% below the county and 15% below Indiana. With the typical household income in Goshen ($59,184 a year), a typical home costs 3.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Goshen 3.1 years
  • Elkhart 3.1 years
  • Indiana 3.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Elkhart County

According to FHFA’s house price index, home prices in Elkhart County rose 99% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Elkhart County.

Period County Indiana U.S.
Last year (2025) +5.8% +4.3% +2.9%
5 years (2020–2025) +53% +53% +47%
10 years (2015–2025) +99% +95% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Goshen next to Elkhart County, Indiana and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Goshen $184,900
  • Elkhart $210,400
  • Indiana $218,200
  • United States $332,700
Typical monthly rent
  • Goshen $1,093
  • Elkhart $1,047
  • Indiana $1,062
  • United States $1,413
Typical yearly household income
  • Goshen $59,184
  • Elkhart $68,561
  • Indiana $71,957
  • United States $80,734
See the full table
Goshen next to Elkhart County and Indiana
Measure Goshen Elkhart County Indiana U.S.
Typical home value $184,900 $210,400 $218,200 $332,700
Typical monthly rent $1,093 $1,047 $1,062 $1,413
Typical yearly household income $59,184 $68,561 $71,957 $80,734
Households that own their home 62% 72% 71% 65%
Typical yearly property tax $1,782 $1,717 $1,614 $3,119
Effective property tax rate 0.96% 0.82% 0.74% 0.94%
Renters with high rent for their income 49% 48% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Elkhart County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Goshen

For a typical $184,900 home in Goshen, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Goshen's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,537a month

    Least cash to close
    Down payment
    $6,472
    Cash to close
    $12,019
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $82

  • Conventional, 5% down $1,503a month

    Down payment
    $9,245
    Cash to close
    $14,792
    Rate
    7.18%
    Mortgage insurance
    PMI · $88

  • Conventional, 20% down, no PMI $1,227a month

    Down payment
    $36,980
    Cash to close
    $42,527
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,398a month

    Down payment
    $27,735
    Cash to close
    $33,282
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Goshen and for Elkhart County.

Property tax

Effective rate in Goshen

0.96%of the home’s value each year

$1,782 a year for the typical owner in Goshen.

  • Goshen 0.96%
  • Elkhart 0.82%
  • Indiana 0.74%

What Indiana publishes Homestead standard deduction: the amount drops each year (Indiana Department of Local Government Finance (DLGF), Form HC10)

Exemptions and deadlines in Indiana

Flood risk in Elkhart County

FEMA does not publish these numbers by city: they are for all of Elkhart County.

Homes in the high-risk zone
1.8%
1,257
Of those, with NFIP insurance
23%
County Indiana U.S.
Homes in the high-risk zone 1.8% 2.3% 3.5%
Of those, with NFIP insurance 23% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Goshen

Typical rent in Goshen is $1,093 a month: 4% above the county. In Goshen, 49% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Elkhart County, by unit size. To pay the 2-bedroom one ($1,253 a month) without spending more than 30% of your income, you would need to earn $24.10 an hour working full time.

HUD fair market rent for all of Elkhart County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,008 $19.38 $40,320
1 bedroom $1,048 $20.15 $41,920
2 bedrooms $1,253 $24.10 $50,120
3 bedrooms $1,653 $31.79 $66,120
4 bedrooms $1,752 $33.69 $70,080

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Goshen

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Goshen has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,270 in 46528 to $1,330 in 46526.

2 of the 2 are above the fair market rent for Elkhart County ($1,253).

  • 46526 $1,330$1,750
  • 46528 $1,270$1,680

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Goshen when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Goshen

HUD lists 7 buildings with rents for lower incomes in Goshen. These are the largest.

  • Greencroft Manor II 1425 Greencroft Dr, Goshen 46526 150 low-income homes · For older adults (219) 537-4056
  • Greencroft Manor III 1325 Greencroft Dr, Goshen 46526 100 low-income homes · For older adults (219) 537-4055
  • Arbor Ridge Apts 413 Arbor Ct, Goshen 46528 75 homes, 72 low-income · 1 bd: 8 · 2 bd: 40 · 3 bd: 24 · In service since 1999
  • Maple Leaf Commons 2900 Elkhart Rd, Goshen 46526 41 homes, 40 low-income · For older adults (574) 534-6827
  • Hawks Arts and Enterprise Center 215 W Madison St, Goshen 46526 33 low-income homes · 1 bd: 6 · 2 bd: 27 · In service since 2015 · For people with disabilities, families

See all 30 buildings in Elkhart County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Goshen

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Elkhart County; 2 say they serve in Spanish.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Goshen

No down payment, repair or rent-help program on our list is for Goshen or Elkhart County. The ones below are statewide in Indiana: they work in Goshen the same as in the rest of the state.

Which programs do I qualify for? All programs in Indiana

  • Next Home

    Statewide in Indiana

    Indiana state agency program with down payment assistance of 2.5% or 3.5% of the price, alongside a 30-year FHA or conventional mortgage. Offered by Indiana Housing and Community Development Authority (IHCDA).

    Type not stated

    See the program Official page

  • First Step

    Statewide in Indiana

    Indiana state agency 30-year FHA or conventional mortgage for first-time buyers (or homes in designated areas), with down payment assistance as a second mortgage with no interest or payments, repaid when the first mortgage ends. Offered by Indiana Housing and Community Development Authority (IHCDA).

    Deferred

    See the program Official page

Housing counselors near Goshen

The HUD-approved agencies closest to the center of Goshen, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Lacasa of Goshen, Inc.

    202 N Cottage Ave, Goshen · 1 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    574-533-4450x72

  • Lacasa of Goshen Inc - Branch Office

    516 S Main St, Elkhart · 10 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (574) 533-4450

  • The Affordable Housing Corporation of Marion, Indiana

    812 S Washington St, Marion · 71 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (765) 662-1574

Every agency in Elkhart County All counseling agencies in Indiana

Help in Spanish near Goshen

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Goshen

In HUD’s record, no housing authority with an office in Elkhart County is named for Goshen or Elkhart County.

One other authority has an office in Elkhart County: see the list Source: HUD

Cities

Other cities in Elkhart County

These cities are also in Elkhart County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Elkhart County Housing in Indiana

Nearby cities

The cities closest to Goshen, with the typical home value.

Neighboring counties

If Elkhart County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Goshen.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Goshen

Short answers with the numbers for Goshen and all of Elkhart County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Goshen?

The typical home value in Goshen is $184,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Elkhart County it is $210,400.

How much does it cost to rent in Goshen?

Typical rent in Goshen is $1,093 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Elkhart County is $1,253.

What is the FHA loan limit in Goshen?

Goshen uses the FHA limit for all of Elkhart County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Goshen?

The typical homeowner in Goshen pays $1,782 a year, according to the U.S. Census Bureau. That is 0.96% of the home’s value; in Elkhart County, the rate is 0.82%.

Where can I find free help to buy or rent in Goshen?

There are 2 HUD-approved counseling agencies with an office in Elkhart County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).