South Bend, IN Rental Market Trends
Highlights
The average rent for an apartment in South Bend is $946, a 5% increase compared to the previous year.
Average Rent in South Bend, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $946 | 5% | 831 sq. ft. |
The average size for a South Bend, IN apartment is 831 square feet, but this number varies greatly depending on apartment type. 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-$70028%
- $701-$1,00046%
- $1,001-$1,50017%
- $1,501-$2,0004%
- > $2,0004%
South Bend, IN Occupied Housing Units
- Renter-occupied Households41%
- Owner-occupied Households58%
16,270 or 41% of the households in South Bend, IN are renter-occupied while 22,755 or 58% are owner-occupied.
South Bend, IN Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Sep / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| South Bend, IN | $771 | $774 | $877 | $869 | $878 | $895 | $909 | $899 | $909 | $946 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
Average Rent in South Bend, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| West Side South Bend | $597 |
| St. Casimir | $597 |
| Reo Avenue | $597 |
| Lasalle Park | $597 |
| Whispering Hills | $689 |
| Twickenham Hills | $689 |
| Southeast Pond | $689 |
| South Rum Village | $689 |
| Scottsdale Community | $689 |
| Orchard Heights Addition | $689 |
| Hermitage Estates | $689 |
| Gulivoire Park | $689 |
| Gilmer Park | $689 |
| Erskine Park | $689 |
| East Erskine | $689 |
| Swanson Park | $735 |
| Sunnymede | $735 |
| River Park | $735 |
| McKinley Terrace | $735 |
| Edison | $735 |
| East Jefferson Townhomes | $735 |
| Bercliff | $735 |
| Woodlawn | $790 |
| Pinhook Area | $790 |
| Keller Park | $790 |
| Council Oak | $796 |
| Northwest Cooperative Alliance | $797 |
| North South Bend | $797 |
| Marquette Park | $797 |
| Lincoln Manor | $797 |
| Lasalle | $797 |
| Far Northwest South Bend | $797 |
| Near Westside South Bend | $841 |
| Near Northwest South Bend | $841 |
| West Washington | $845 |
| Navarre | $908 |
| Chapin Park | $929 |
| Southeast Quality | $968 |
| Monroe Park | $968 |
| Miami Village | $968 |
| Oak Hill | $1,132 |
| Edgewater | $1,274 |
| Wooded Estates | $1,578 |
| River Point | $1,578 |
| Northeast South Bend | $1,578 |
| North Shore Triangle | $1,578 |
| North Shore Club | $1,578 |
| Howard Park - East Bank | $1,578 |
| Harter Heights | $1,578 |
The most affordable neighborhoods in South Bend are Lasalle Park, where the average rent goes for $597/month, Reo Avenue, where renters pay $597/mo on average, and St. Casimir, where the average rent goes for $597/mo. If you’re looking for other great deals, check out the listings from West Side South Bend ($597), East Erskine ($689), and Erskine Park ($689), where the asking prices are below the average South Bend rent of $946/mo.
The most expensive neighborhoods in South Bend are Northeast South Bend ($1,578), River Point ($1,578) and Wooded Estates ($1,578).
South Bend | Rent Comparison by Neighborhood
Rent in Bercliff is 21% lower than in Chapin Park
Bercliff rent is 22% lower than South Bend average
| Average Rent | $735 |
|---|
Chapin Park rent is 2% lower than South Bend average
| Average Rent | $929 |
|---|
How Does South Bend Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Mishawaka | $794 | 5% |
| South Bend | $946 | 5% |
| Granger | $889 | 10% |
| Notre Dame | $1,132 | 5% |
| Indian Village | $1,132 | 5% |
| Osceola | $709 | n/a |
| Roseland | $1,132 | 5% |
For more information about the South Bend rental trends, check out our monthly rent report