Measured against area pay, Edwardsburg costs less to live in than 85% of U.S. towns
Up 3% in a year, 15% above the Michigan typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the South Bend-Mishawaka, IN-MI metro area ($67K). How TownRatings grades cost of living
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across the South Bend metro earn ($67K, Census 2020–24). The typical home costs 1.8 years of metro income, and 59% of renters pay 30% or more of income for housing.
In dollars
- $304Ktypical home, 15% above the Michigan typical homeZillow, September 2026
- $1,120a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 93prices across the South Bend metro, where the U.S. is 100 (housing 75)BEA Regional Price Parities, 2024
In paychecks the grade
- 1.8 yrsof area income buys the typical home; the typical U.S. town: 3.3$67K, South Bend-area income
- 17%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 21%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Edwardsburg
What’s behind Edwardsburg’s grade
Measured against what households in the area earn, Edwardsburg is more affordable than 85% of U.S. towns. Rent pulls the grade down most; home prices hold it up.
Values have lagged Michigan: the typical Edwardsburg home is up 18.6% in five years, against 24.4% statewide (Zillow).
Up 18.6% in five years
Slower than Michigan (24.4%).
Show as a table
| January | Edwardsburg | Michigan |
|---|---|---|
| 2017 | $179,000 | $142,000 |
| 2018 | $181,000 | $153,000 |
| 2019 | $198,000 | $164,000 |
| 2020 | $209,000 | $173,000 |
| 2021 | $234,000 | $192,000 |
| 2022 | $264,000 | $215,000 |
| 2023 | $270,000 | $228,000 |
| 2024 | $277,000 | $238,000 |
| 2025 | $290,000 | $250,000 |
| 2026 | $301,000 | $259,000 |
| September 2026 | $304,000 | $264,000 |
A typical Edwardsburg home worth $176K in October 2016 is worth about $304K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 1.8 years of area income
The calculator starts from the area income the grade uses. Switch to Edwardsburg’s own median, or type yours.
That’s $55K short of a typical Edwardsburg home.
A two-bedroom rents for about $1,120 a month here, $790 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Edwardsburg’s typical property tax (1.24% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,120
Renters already here pay a median of $950, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cass County, MI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Edwardsburg in 2025. The last year with any was 2018 (1 new home).
Between the 2010 and 2020 censuses, Edwardsburg gained 45 residents while 7 new homes were permitted: about 6.4 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Michigan: 1.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 1 | 1 | 0 | $180,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 2 | 2 | 0 | $260,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $130,000 |
| 2010 | 3 | 3 | 0 | $221,000 |
| 2009 | 4 | 4 | 0 | $295,000 |
| 2008 | 49 | 1 | 48 | $1.6 million |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 32 | 0 | 32 | $960,000 |
| 2005 | 6 | 2 | 4 | $444,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 2 | 2 | 0 | $257,000 |
| 2001 | 1 | 1 | 0 | $60,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Michigan norm
The median bill is $1,514 (Michigan: $2,904), 1.24% of a home’s value a year, against 1.25% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Edwardsburg
Only figures published free for the whole country, each labeled with the area it covers: the South Bend-Mishawaka, IN-MI metro area, or Michigan. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 93 | MI 96 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | MI 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 88 | MI 100 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | MI 101 | metro | BEA, 2024 |
| Electricity cents per kWh, homes | 23.1¢ | U.S. 18.3¢ | state | EIA, July 2026 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Edwardsburg and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Edwardsburg | A− | $304K | $122K | 1.24% | $1,120 |
Questions about the cost of living in Edwardsburg
Is Edwardsburg expensive to live in?
Measured against what households in the area earn, Edwardsburg costs less than 85% of U.S. towns: an A− for cost of living. The typical home costs 1.8 years of the median household income of the South Bend-Mishawaka, IN-MI metro area ($67K).
How much does a house cost in Edwardsburg?
About $304K, Zillow’s typical value for September 2026, up 3.0% in a year. The Michigan typical home is $264K.
What salary do you need to live in Edwardsburg?
To buy the typical home with 20% down at 6.3%, about $82,000 a year, keeping the payment (about $1,910 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $45,000.
How much is rent in Edwardsburg?
HUD puts a two-bedroom at about $1,120 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $950 (Census 2020–24).
What are property taxes in Edwardsburg?
The median bill is $1,514 a year, 1.24% of the median home value (Michigan: $2,904, 1.25%), from the Census 2020–24.
Are home prices in Edwardsburg going up?
Yes: up 3.0% in the past year and 18.6% in five years, against 24.4% across Michigan (Zillow).
Neighbors talk housing
What Edwardsburg buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.