University Edge
4000 Braemore Ave,
South Bend, IN 46637
1-4 Beds | $599 - $2,632
Rental Market Trends in South Bend, IN
Updated July 2026
The average rent in South Bend, IN is $1,225/month.
Rent in South Bend is 26% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,225/month
Average Rent
704 Sq Ft
Average Size
+4.1%
Change / Year
1,562
Available Apartments
South Bend rent varies by unit size and layout:
- Studio apartments in South Bend average $1,165 per month.
- One-bedroom apartments in South Bend average $1,225 per month.
- Two-bedroom apartments in South Bend average $1,370 per month.
- Three-bedroom apartments in South Bend average $1,571 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in South Bend, IN?
In the past year, rent has increased by 4.1%, which averages out to $50 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in South Bend, IN
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
14%
$700 - $1,000/month
49%
$1,001 - $1,500/month
16%
$1,501 - $2,000/month
9%
Above $2,000/month
Rent by Neighborhood
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.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in South Bend?
Based on current rent prices, Northeast South Bend, Southside South Bend and Downtown South Bend are the most expensive neighborhoods in South Bend.
Neighborhood
Average Rent
Average 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, North Side and Georgetown .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in South Bend, IN?
Because the average rent in South Bend is $1,225, you’ll want to make about $4,083 per month or $48,996 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 $1,165 - $1,571. You can expect to pay 0.7% more for groceries, 5.7% less for utilities, and 6.9% less for transportation.
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 GuideStudio
-
$1,371/month
One Bedroom
$842/month
$1,803/month
Two Bedroom
$1,037/month
$2,206/month
Three Bedroom
-
$2,917/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in South Bend?
The average rent in South Bend is $1,225 per month, which is 26.3% lower than the national average of $1,662.
What is the average rent for a house in South Bend?
The average rent for a house in South Bend, IN is $1,529 per month.
What is the average rent for a condo in South Bend?
The average rent for a condo in South Bend, IN is $2,045 per month.
Are rents going up or down in South Bend?
Rents in South Bend, IN are increasing, with prices up 4.1% year-over-year and $50 more per month.
What rent range is most common in South Bend?
In South Bend, IN, 49% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.