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Rental Market Trends in South Bend, IN

Updated August 2026

The average rent in South Bend, IN is $1,226/month.

Rent in South Bend is 26% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,226/month

Average Rent

702 Sq Ft

Average Size

+1.5%

Change / Year

1,315

Available Apartments

South Bend rent varies by unit size and layout:

  • Studio apartments in South Bend average $1,207 per month.
  • One-bedroom apartments in South Bend average $1,226 per month.
  • Two-bedroom apartments in South Bend average $1,365 per month.
  • Three-bedroom apartments in South Bend average $1,558 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,207/month
506 Sq Ft
One Bedroom
$1,226/month
702 Sq Ft
Two Bedroom
$1,365/month
954 Sq Ft
Three Bedroom
$1,558/month
1,055 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,083/month
656 Sq Ft
Two Bedroom
$1,272/month
534 Sq Ft
Three Bedroom
$1,544/month
1,185 Sq Ft
Four Bedroom
$2,202/month
1,672 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,424/month
1,962 Sq Ft
View South Bend Apartments

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

In the past year, rent has increased by 1.5%, which averages out to $19 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in South Bend, IN

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in South Bend, IN
Percentage*
Rent Range
12% Below $700/month
14% $700 - $1,000/month
51% $1,001 - $1,500/month
14% $1,501 - $2,000/month
9% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in South Bend?

Based on current rent prices, River Park, Georgetown and West South Bend are the most affordable neighborhoods in South Bend.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Park
$868/month
650 Sq Ft
Georgetown
$1,019/month
748 Sq Ft
West South Bend
$1,164/month
717 Sq Ft
West Washington
$1,222/month
746 Sq Ft
North Side
$1,250/month
658 Sq Ft
Southside South Bend
$1,349/month
746 Sq Ft
Downtown South Bend
$1,412/month
697 Sq Ft
Northeast South Bend
$1,843/month
1,000 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
$1,843/month
1,000 Sq Ft
Downtown South Bend
$1,412/month
697 Sq Ft
Southside South Bend
$1,349/month
746 Sq Ft
North Side
$1,250/month
658 Sq Ft
West Washington
$1,222/month
746 Sq Ft
West South Bend
$1,164/month
717 Sq Ft
Georgetown
$1,019/month
748 Sq Ft
River Park
$868/month
650 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, Georgetown and Downtown South Bend .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southside South Bend
$1,349/month
746 Sq Ft
Georgetown
$1,019/month
748 Sq Ft
Downtown South Bend
$1,412/month
697 Sq Ft
North Side
$1,250/month
658 Sq Ft
West South Bend
$1,164/month
717 Sq Ft
Northeast South Bend
$1,843/month
1,000 Sq Ft
River Park
$868/month
650 Sq Ft
West Washington
$1,222/month
746 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 $1,226, you’ll want to make about $4,086 per month or $49,032 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 8.6% lower than the national average. Generally, housing in South Bend is 22.1% less expensive than the national average, with rent falling between $1,207 - $1,558. You can expect to pay 0.7% more for groceries, 5.7% less for utilities, and 6.9% less for transportation.

City

South Bend, IN

1,315 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.

View the South Bend Area Guide

Apartment Averages

River Park

South Bend, IN

Northeast South Bend

South Bend, IN

Studio
-
$1,373/month
One Bedroom
$790/month
$1,799/month
Two Bedroom
$1,039/month
$2,169/month
Three Bedroom
-
$2,904/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Mishawaka

    Mishawaka

    Avg Rent: $1,104/month

  • Granger

    Granger

    Avg Rent: $1,570/month

  • Lakeville

    Lakeville

    Avg Rent: $1,045/month

  • New Carlisle

    New Carlisle

    Avg Rent: $1,179/month

  • Buchanan

    Buchanan

    Avg Rent: $832/month

  • Niles

    Niles

    Avg Rent: $853/month

Apartment Communities in South Bend We Think You'll Love

Castle Point

Castle Point

18011 Cleveland Rd,
South Bend, IN 46637

1-3 Beds | $884 - $1,725

University Edge

University Edge

4000 Braemore Ave,
South Bend, IN 46637

1-4 Beds | $599 - $2,526

The Jefferson Apartments

The Jefferson Apartments

3001 E Jefferson Blvd,
South Bend, IN 46615

1-2 Beds | $829 - $1,329

The Foundry

The Foundry

1233 N Eddy St,
South Bend, IN 46617

Studio - 3 Beds | $1,406 - $4,377

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Frequently Asked Questions

What is the average rent in South Bend?

The average rent in South Bend is $1,226 per month, which is 26.3% lower than the national average of $1,664.

What is the average rent for a house in South Bend?

The average rent for a house in South Bend, IN is $1,544 per month.

What is the average rent for a condo in South Bend?

The average rent for a condo in South Bend, IN is $2,424 per month.

Are rents going up or down in South Bend?

Rents in South Bend, IN are increasing, with prices up 1.5% year-over-year and $19 more per month.

What rent range is most common in South Bend?

In South Bend, IN, 51% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity