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Rental Market Trends in Lakeville, IN

Updated September 2026

The average rent in Lakeville, IN is $1,047/month.

Rent in Lakeville is 37% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,047/month

Average Rent

767 Sq Ft

Average Size

+5.9%

Change / Year

5

Available Apartments

Lakeville rent varies by unit size and layout:

  • Studio apartments in Lakeville average per month.
  • One-bedroom apartments in Lakeville average $1,047 per month.
  • Two-bedroom apartments in Lakeville average $1,161 per month.
  • Three-bedroom apartments in Lakeville average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,047/month
767 Sq Ft
Two Bedroom
$1,161/month
922 Sq Ft
View Lakeville Apartments

How much has average rent changed in Lakeville, IN?

In the past year, rent has increased by 5.9%, which averages out to $62 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lakeville, IN

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lakeville, IN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lakeville, IN?

Because the average rent in Lakeville is $1,047, you’ll want to make about $3,490 per month or $41,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lakeville, IN

5 Available Apartments for Rent

Search for Nearby Apartments

How does Lakeville, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Lakeville, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Lakeville Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • South Bend

    South Bend

    Avg Rent: $1,223/month

  • Mishawaka

    Mishawaka

    Avg Rent: $1,104/month

  • Plymouth

    Plymouth

    Avg Rent: $869/month

  • Granger

    Granger

    Avg Rent: $1,570/month

Apartment Communities in Lakeville We Think You'll Love

Lakeview Apartments

Lakeview Apartments

1011 Angela Dr,
Lakeville, IN 46536

1-2 Beds | $1,170 - $1,390

123 S Michigan St

123 S Michigan St

123 S Michigan St,
Lakeville, IN 46536

2 Beds | $1,000

Irish Hills Apartments

Irish Hills Apartments

4245 Irish Hills Dr,
South Bend, IN 46614

1-2 Beds | $931 - $1,610

Autumn Lakes Apartments and Townhomes

Autumn Lakes Apartments and Townhomes

1109 Hidden Lakes Dr,
Mishawaka, IN 46544

1-3 Beds | $1,069 - $2,818

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Frequently Asked Questions

What is the average rent in Lakeville?

The average rent in Lakeville is $1,047 per month, which is 37.1% lower than the national average of $1,665.

Are rents going up or down in Lakeville?

Rents in Lakeville, IN are increasing, with prices up 5.9% year-over-year and $62 more per month.

What rent range is most common in Lakeville?

In Lakeville, IN, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Indiana Lakeville Rental Trends

Methodology

† 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 September 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity