Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 13% of Residents
Under 20
24%
Over 65
22%
Avg Rent
$1,046
Population
913
Renter Mix
34% Rent
Lakeville is a quaint suburb in a secluded location. Many residents commute into South Bend for work and leisure, located just 12 miles north of town along Highway 31. Residents have easy access to the city’s casinos, museums, restaurants, theaters, and riverfront views. Lakeville boasts the best of both worlds: secluded small town with big-city access. Lakeville sits a few miles east of Potato Creek State Park, offering multi-use trails, a lake for boating and fishing, and cozy campgrounds. This small town boasts a family-friendly environment and is home to an array of local businesses, from Leo’s Family Restaurant to Hilltop Restaurant. Neighborhood parks and specialty shops call Lakeville home, and residents enjoy fishing on Pleasant Lake.
Median Household Income
$55,652
Average: $63,190
Education
161
Residents Have a Degree
Job Market
459
Workers Employed
Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 13% of Residents
Under 20
24%
Over 65
22%
Housing Distribution
Lakeville has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Lakeville, IN is $1,046 for one bedroom, and $1,159 for two bedrooms. Apartment rent in Lakeville has increased by 5.8% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Lakeville, IN is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades K-5
654 Students
Union-North United School Corporation
Public
Grades PK-12
Public
Grades 6-12
574 Students
Union-North United School Corporation
Public
Grades PK-12
Public
Grades 6-12
574 Students
Union-North United School Corporation
Public
Grades PK-12
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.