Mortgage Rates in Indiana — March 2026
Compare current mortgage rates across 62 cities in Indiana. The average 30-year fixed rate is 6.72%, which is 0.07% above the national average of 6.65%.
Indiana Housing Highlights
All 62 Cities in Indiana
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Indianapolis | 6.75% | $225,000 | $1,167 | 887,642 |
| Fort Wayne | 6.75% | $175,000 | $908 | 263,886 |
| Evansville | 6.75% | $145,000 | $752 | 117,979 |
| South Bend | 6.75% | $135,000 | $700 | 103,453 |
| Carmel | 6.75% | $415,000 | $2,153 | 99,757 |
| Fishers | 6.75% | $365,000 | $1,894 | 99,220 |
| Bloomington | 6.75% | $225,000 | $1,167 | 79,168 |
| Hammond | 6.78% | $230,000 | $1,197 | 77,879 |
| Lafayette | 6.75% | $195,000 | $1,012 | 70,373 |
| Noblesville | 6.75% | $345,000 | $1,790 | 69,604 |
| Gary | 6.87% | $231,000 | $1,213 | 69,093 |
| Muncie | 6.75% | $105,000 | $545 | 65,194 |
| Greenwood | 6.75% | $265,000 | $1,375 | 63,830 |
| Terre Haute | 6.75% | $115,000 | $597 | 58,389 |
| Kokomo | 6.75% | $115,000 | $597 | 58,066 |
| Anderson | 6.75% | $95,000 | $493 | 54,776 |
| Elkhart | 6.64% | $233,000 | $1,195 | 53,923 |
| West Lafayette | 6.73% | $207,000 | $1,072 | 49,668 |
| Jeffersonville | 6.75% | $174,000 | $903 | 49,447 |
| Mishawaka | 6.75% | $193,000 | $1,001 | 49,422 |
| Lawrence | 6.86% | $201,000 | $1,055 | 49,156 |
| Columbus | 6.74% | $179,000 | $928 | 48,820 |
| Westfield | 6.89% | $199,000 | $1,047 | 46,410 |
| New Albany | 6.3% | $195,000 | $965 | 38,394 |
| Portage | 6.7% | $209,000 | $1,079 | 36,828 |
| Richmond | 6.81% | $195,000 | $1,018 | 35,720 |
| Merrillville | 6.78% | $201,000 | $1,046 | 35,028 |
| Plainfield | 6.61% | $275,000 | $1,406 | 34,744 |
| Goshen | 6.69% | $203,000 | $1,047 | 34,517 |
| Valparaiso | 6.15% | $255,000 | $1,243 | 33,815 |
| Crown Point | 6.86% | $179,000 | $939 | 33,143 |
| Michigan City | 6.02% | $175,000 | $841 | 31,479 |
| Granger | 6.74% | $200,000 | $1,037 | 30,833 |
| Brownsburg | 6.13% | $305,000 | $1,483 | 30,308 |
| Zionsville | 6.55% | $445,000 | $2,261 | 30,213 |
| Schererville | 6.82% | $197,000 | $1,030 | 29,243 |
| East Chicago | 6.83% | $201,000 | $1,052 | 28,215 |
| Hobart | 6.69% | $203,000 | $1,047 | 28,029 |
| Marion | 6.73% | $189,000 | $979 | 27,730 |
| Franklin | 6.66% | $177,000 | $910 | 26,149 |
| Greenfield | 6.83% | $193,000 | $1,010 | 23,560 |
| Highland | 6.76% | $169,000 | $878 | 22,900 |
| Avon | 6.51% | $295,000 | $1,493 | 22,263 |
| Clarksville | 6.82% | $180,000 | $941 | 21,724 |
| Seymour | 6.85% | $184,000 | $965 | 21,569 |
| La Porte | 6.89% | $193,000 | $1,016 | 21,507 |
| New Haven | 6.79% | $184,000 | $959 | 21,098 |
| Shelbyville | 6.89% | $172,000 | $905 | 19,191 |
| New Castle | 6.63% | $183,000 | $938 | 17,655 |
| Logansport | 6.8% | $201,000 | $1,048 | 17,577 |
| Lebanon | 6.89% | $181,000 | $953 | 16,806 |
| Vincennes | 6.84% | $185,000 | $969 | 16,703 |
| Crawfordsville | 6.62% | $204,000 | $1,044 | 16,497 |
| Frankfort | 6.88% | $202,000 | $1,062 | 16,422 |
| Jasper | 6.72% | $185,000 | $957 | 15,610 |
| Beech Grove | 6.78% | $199,000 | $1,036 | 15,000 |
| Bedford | 6.6% | $181,000 | $925 | 13,602 |
| Connersville | 6.87% | $178,000 | $935 | 13,481 |
| Madison | 6.87% | $187,000 | $982 | 11,811 |
| Washington | 6.66% | $179,000 | $920 | 11,325 |
| Peru | 6.88% | $180,000 | $946 | 11,324 |
| Yorktown | 6.83% | $175,000 | $915 | 11,000 |
Indiana Mortgage Rates Guide — 2026
Indiana homebuyers currently see an average 30-year fixed mortgage rate of 6.72%, with median home prices around $205,823. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $1,064.
The most affordable city for homebuyers in Indiana is Anderson, where the median home price is $95,000. On the other end, Zionsville has the highest prices at $445,000. Property tax rates across the state average 0.85%.
To comfortably afford a home at the state average price, a household income of approximately $45,600 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your exact monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Frequently Asked Questions — Indiana Mortgages
What are current mortgage rates in Indiana?
As of March 2026, the average 30-year fixed mortgage rate in Indiana is 6.72% and the 15-year fixed rate averages 5.96%. Rates vary by city, lender, and borrower qualification.
What is the average home price in Indiana?
The median home price across 62 cities in Indiana is $205,823. Prices range from $95,000 in Anderson to $445,000 in Zionsville.
How much income do I need to buy a house in Indiana?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $45,600 to comfortably afford the average home in Indiana. The median household income in the state is approximately $54,871.
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