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Rental Market Trends in South Bend, IN

What is the average rent in South Bend, IN?

$1,170/month

Average Rent

706 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of September 2025, the average rent in South Bend, IN is $1,170 per month. This is 29% lower than the national average rent of $1,639/month, making renting in South Bend more affordable than most cities in the US. When you rent an apartment in South Bend, you can expect to pay about $1,104 per month for a studio, $1,170 for a one-bedroom apartment, and around $1,329 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,486 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,104/month
497 Sq Ft
One Bedroom
$1,170/month
706 Sq Ft
Two Bedroom
$1,329/month
954 Sq Ft
Three Bedroom
$1,486/month
1,046 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,153/month
787 Sq Ft
Three Bedroom
$1,457/month
1,133 Sq Ft
Four Bedroom
$1,740/month
1,968 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,024/month
463 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in South Bend, IN?

In the past year, rent has increased by 2%, which averages out to $23 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in South Bend, IN
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in South Bend, IN
Percentage*
Rent Range
15% Below $700/month
20% $700 - $1,000/month
45% $1,001 - $1,500/month
15% $1,501 - $2,000/month
5% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in South Bend?

Based on current rent prices, Creekwood Villas, Georgetown and Deer Run at Topsfield are the most affordable neighborhoods in South Bend.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Creekwood Villas
$1,002/month
553 Sq Ft
Georgetown
$1,074/month
766 Sq Ft
Deer Run at Topsfield
$1,078/month
655 Sq Ft
West South Bend
$1,247/month
743 Sq Ft
North Side
$1,282/month
660 Sq Ft
West Washington
$1,460/month
784 Sq Ft
Southside South Bend
$1,471/month
734 Sq Ft
Downtown South Bend
$1,576/month
779 Sq Ft
Northeast South Bend
$1,749/month
716 Sq Ft

What are the most expensive neighborhoods in South Bend?

Based on current rent prices, Northeast South Bend, Downtown South Bend and Southside South Bend are the most expensive neighborhoods in South Bend.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northeast South Bend
$1,749/month
716 Sq Ft
Downtown South Bend
$1,576/month
779 Sq Ft
Southside South Bend
$1,471/month
734 Sq Ft
West Washington
$1,460/month
784 Sq Ft
North Side
$1,282/month
660 Sq Ft
West South Bend
$1,247/month
743 Sq Ft
Deer Run at Topsfield
$1,078/month
655 Sq Ft
Georgetown
$1,074/month
766 Sq Ft
Creekwood Villas
$1,002/month
553 Sq Ft

Which South Bend neighborhoods have the most rentals available?

The neighborhoods in South Bend with the most apartments available are Southside South Bend, Downtown South Bend and North Side .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southside South Bend
$1,471/month
734 Sq Ft
Downtown South Bend
$1,576/month
779 Sq Ft
North Side
$1,282/month
660 Sq Ft
Northeast South Bend
$1,749/month
716 Sq Ft
West South Bend
$1,247/month
743 Sq Ft
West Washington
$1,460/month
784 Sq Ft
Georgetown
$1,074/month
766 Sq Ft
Creekwood Villas
$1,002/month
553 Sq Ft
Deer Run at Topsfield
$1,078/month
655 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in South Bend is $1,170, you’ll want to make about $3,900 per month or $46,800 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.

Cost of Living

The cost of living in South Bend, IN is 9.6% lower than the national average. Generally, housing in South Bend is 18.5% less expensive than the national average, with rent falling between $1,104 - $1,486. You can expect to pay 0.4% less for groceries, 8.3% less for utilities, and 3.9% less for transportation.

City

South Bend, IN

1,163 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare South Bend, 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.

Explore the Area Guide for South Bend, IN

Apartment Averages

Creekwood Villas

South Bend, IN

Northeast South Bend

South Bend, IN

Studio
-
$1,397/month
One Bedroom
-
$1,797/month
Two Bedroom
-
$2,209/month
Three Bedroom
-
$2,924/month
Search
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Nearby City Rent Trends

  • Mishawaka Average Rent
  • Granger Average Rent
  • Lakeville Average Rent
  • Niles Average Rent

Apartment communities in South Bend we think you'll love

The Jefferson

The Jefferson

3001 E Jefferson Blvd,
South Bend, IN 46615

$875 - $2,000

1-3 Beds

The Foundry

The Foundry

1233 N Eddy St,
South Bend, IN 46617

$1,526 - $3,332

Studio - 3 Beds

Irish Hills Apartments

Irish Hills Apartments

4245 Irish Hills Dr,
South Bend, IN 46614

$869 - $1,909

1-2 Beds

Castle Point

Castle Point

18011 Cleveland Rd,
South Bend, IN 46637

$885 - $1,690

1-3 Beds

Property Management Companies in South Bend, IN

Edward Rose & Sons
Edward Rose & Sons
  • 140

    Communities

  • 70,911

    Units

  • 85

    Cities

5 Communities in South Bend
Flaherty & Collins, Inc
Flaherty & Collins, Inc
  • 49

    Communities

  • 11,846

    Units

  • 39

    Cities

4 Communities in South Bend
Gene B. Glick Company
Gene B. Glick Company
  • 36

    Communities

  • 8,935

    Units

  • 21

    Cities

3 Communities in South Bend
Strategic Management Solution, LLC
Strategic Management Solution, LLC
  • 14

    Communities

  • 2,383

    Units

  • 11

    Cities

3 Communities in South Bend
LV Property Management
LV Property Management
  • 19

    Communities

  • 3,373

    Units

  • 8

    Cities

3 Communities in South Bend
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 306

    Communities

  • 74,958

    Units

  • 141

    Cities

2 Communities in South Bend
Equity Property Management, LLC
Equity Property Management, LLC
  • 16

    Communities

  • 2,312

    Units

  • 12

    Cities

2 Communities in South Bend
Morgan Properties
Morgan Properties
  • 316

    Communities

  • 96,168

    Units

  • 193

    Cities

1 Community in South Bend

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United States Indiana South Bend 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity