South Bend, IN Rental Market Trends
What is the average rent in South Bend?
The average rent for an apartment in South Bend is $1,034, a 9% increase compared to the previous year.
Average Rent in South Bend, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,034 | 9% | 830 sq. ft. |
What is the average apartment size in South Bend?
The average size for a South Bend, IN apartment is 830 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
South Bend, IN Apartment Rent Ranges
- $501-$7005%
- $701-$1,00057%
- $1,001-$1,50027%
- $1,501-$2,0006%
- > $2,0004%
South Bend, IN Occupied Housing Units
- Renter-occupied Households41%
- Owner-occupied Households58%
16,080 or 41% of the households in South Bend, IN are renter-occupied while 22,488 or 58% are owner-occupied.
South Bend, IN Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| South Bend, IN | $895 | $909 | $899 | $909 | $941 | $964 | $950 | $962 | $997 | $996 | $1,034 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in South Bend, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Harter Heights | $1,584 |
| Howard Park - East Bank | $1,584 |
| North Shore Club | $1,584 |
| North Shore Triangle | $1,584 |
| Northeast South Bend | $1,584 |
| River Point | $1,584 |
| Wooded Estates | $1,584 |
| Edgewater | $1,254 |
| Oak Hill | $1,216 |
| Miami Village | $921 |
| Monroe Park | $921 |
| Southeast Quality | $921 |
| Chapin Park | $903 |
| Navarre | $898 |
| West Washington | $855 |
| Near Northwest South Bend | $854 |
| Near Westside South Bend | $854 |
| Keller Park | $838 |
| Pinhook Area | $838 |
| Woodlawn | $838 |
| Council Oak | $831 |
| Far Northwest South Bend | $830 |
| Lasalle | $830 |
| Lincoln Manor | $830 |
| Marquette Park | $830 |
| North South Bend | $830 |
| Northwest Cooperative Alliance | $830 |
| Lasalle Park | $778 |
| Reo Avenue | $778 |
| St. Casimir | $778 |
| West Side South Bend | $778 |
| East Erskine | $777 |
| Erskine Park | $777 |
| Gilmer Park | $777 |
| Gulivoire Park | $777 |
| Hermitage Estates | $777 |
| Orchard Heights Addition | $777 |
| Scottsdale Community | $777 |
| South Rum Village | $777 |
| Southeast Pond | $777 |
| Twickenham Hills | $777 |
| Whispering Hills | $777 |
| Bercliff | $760 |
| East Jefferson Townhomes | $760 |
| Edison | $760 |
| McKinley Terrace | $760 |
| River Park | $760 |
| Sunnymede | $760 |
| Swanson Park | $760 |
What are the most affordable neighborhoods in South Bend?
The most affordable neighborhoods in South Bend are Bercliff, where the average rent goes for $760/month, East Jefferson Townhomes, where renters pay $760/mo on average, and Edison, where the average rent goes for $760/mo. If you’re looking for other great deals, check out the listings from McKinley Terrace ($760), River Park ($760), and Sunnymede ($760), where the asking prices are below the average South Bend rent of $1,034/mo.
What are the most expensive neighborhoods in South Bend?
The most expensive neighborhoods in South Bend are Northeast South Bend ($1,584), River Point ($1,584) and Wooded Estates ($1,584).
What are the most popular neighborhoods in South Bend?
The most popular neighborhood in South Bend is Navarre, where there are 5 verified RENTCafé listings with an average rent of $898. Next up is Howard Park - East Bank, where apartments go for $1,584/month, followed by Wooded Estates with $1,584 If you’re looking to rent in South Bend’s most popular neighborhoods, make sure to also check out Council Oak, where renters pay $831 on average, and East Erskine, where the average monthly rent is $777.
South Bend | Rent Comparison by Neighborhood
Rent in Bercliff is 16% lower than in Chapin Park
Bercliff rent is 26% lower than South Bend average
| Average Rent | $760 |
|---|
Chapin Park rent is 13% lower than South Bend average
| Average Rent | $903 |
|---|
How South Bend Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $956 | 5% |
| Lafayette | $823 | 1% |
| South Bend | $1,034 | 9% |
| Fort Wayne | $861 | 8% |
| Greenwood | $925 | 6% |
| Mishawaka | $871 | 6% |
| Bloomington | $1,133 | 1% |
| Kalamazoo | $1,023 | 6% |
| Portage | $917 | 7% |
| Elkhart | $813 | 7% |
| Valparaiso | $1,029 | 5% |