South Bend, IN Rental Market Trends
Highlights
The average rent for an apartment in South Bend is $963, a 6% increase compared to the previous year.
Average Rent in South Bend, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $963 | 6% | 831 sq. ft. |
The average size for a South Bend, IN apartment is 831 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-$70015%
- $701-$1,00055%
- $1,001-$1,50021%
- $1,501-$2,0005%
- > $2,0004%
South Bend, IN Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
15,747 or 40% of the households in South Bend, IN are renter-occupied while 22,854 or 59% are owner-occupied.
South Bend, IN Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| South Bend, IN | $852 | $877 | $869 | $878 | $895 | $909 | $899 | $909 | $941 | $964 | $963 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in South Bend, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Whispering Hills | $700 |
| Twickenham Hills | $700 |
| Southeast Pond | $700 |
| South Rum Village | $700 |
| Scottsdale Community | $700 |
| Orchard Heights Addition | $700 |
| Hermitage Estates | $700 |
| Gulivoire Park | $700 |
| Gilmer Park | $700 |
| Erskine Park | $700 |
| East Erskine | $700 |
| West Side South Bend | $708 |
| St. Casimir | $708 |
| Reo Avenue | $708 |
| Lasalle Park | $708 |
| Swanson Park | $778 |
| Sunnymede | $778 |
| River Park | $778 |
| McKinley Terrace | $778 |
| Edison | $778 |
| East Jefferson Townhomes | $778 |
| Bercliff | $778 |
| Woodlawn | $808 |
| Pinhook Area | $808 |
| Keller Park | $808 |
| Council Oak | $828 |
| Northwest Cooperative Alliance | $830 |
| North South Bend | $830 |
| Marquette Park | $830 |
| Lincoln Manor | $830 |
| Lasalle | $830 |
| Far Northwest South Bend | $830 |
| Near Westside South Bend | $863 |
| Near Northwest South Bend | $863 |
| West Washington | $867 |
| Navarre | $922 |
| Chapin Park | $930 |
| Southeast Quality | $964 |
| Monroe Park | $964 |
| Miami Village | $964 |
| Oak Hill | $1,153 |
| Edgewater | $1,258 |
| Wooded Estates | $1,549 |
| River Point | $1,549 |
| Northeast South Bend | $1,549 |
| North Shore Triangle | $1,549 |
| North Shore Club | $1,549 |
| Howard Park - East Bank | $1,549 |
| Harter Heights | $1,549 |
The most affordable neighborhoods in South Bend are East Erskine, where the average rent goes for $700/month, Erskine Park, where renters pay $700/mo on average, and Gilmer Park, where the average rent goes for $700/mo. If you’re looking for other great deals, check out the listings from Gulivoire Park ($700), Hermitage Estates ($700), and Orchard Heights Addition ($700), where the asking prices are below the average South Bend rent of $963/mo.
The most expensive neighborhoods in South Bend are Northeast South Bend ($1,549), River Point ($1,549) and Wooded Estates ($1,549).
The most popular neighborhood in South Bend is Navarre, where there are 5 verified RENTCafé listings with an average rent of $922. Next up is Wooded Estates, where apartments go for $1,549/month, followed by Council Oak with $828 If you’re looking to rent in South Bend’s most popular neighborhoods, make sure to also check out Howard Park - East Bank, where renters pay $1,549 on average, and East Erskine, where the average monthly rent is $700.
South Bend | Rent Comparison by Neighborhood
Rent in Bercliff is 16% lower than in Chapin Park
Bercliff rent is 19% lower than South Bend average
| Average Rent | $778 |
|---|
Chapin Park rent is 3% lower than South Bend average
| Average Rent | $930 |
|---|
How South Bend Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $902 | 5% |
| South Bend | $963 | 6% |
| Bloomington | $1,126 | 2% |
| Mishawaka | $820 | 5% |
| Fort Wayne | $802 | 6% |
| Carmel | $1,178 | 6% |
| Greenwood | $871 | 5% |
| Elkhart | $760 | 2% |
| Goshen | $706 | 3% |
| Granger | $900 | 3% |
| Plymouth | $681 | 6% |
For more information about the South Bend rental trends, check out our monthly rent report
Check out Indiana Cities, Indiana Neighborhoods and Indiana Zip Codes for more details on verified listings, including the Indiana Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!