Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

South Bend, IN

As of August 2025, South Bend's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. South Bend's average rent is 16.9% ($211) lower than the Indiana average of $1,247 and 42.1% ($754) lower than the U.S. average of $1,790.

Average Rent

$1,036

Monthly ChangeMonth Over Month Change

1.5% ($16)

Yearly ChangeYear Over Year Change

34.7% ($551)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$957	3.3% ($31)	31.1% ($432)
2 Beds	$1,072	3.3% ($37)	32.8% ($524)
3 Beds	$1,510	2% ($30)	27.7% ($579)

Nearby Cities	Average Rent	Avg. Rent vs. South BendAverage Rent vs. South Bend	Avg. Days on MarketAverage Days on Market
Mishawaka	$1,772	71% ($736)	35 days
Niles	$701	32.3% ($335)	37 days
Lakeville	$1,042	0.6% ($6)	34 days
New Carlisle	$1,103	6.5% ($67)	39 days
Elkhart	$1,122	8.3% ($86)	32 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

South Bend Rental Market FAQs

Explore rental prices, market trends, and availability in South Bend, IN.

What is the average rent in South Bend, IN?

The average rent in South Bend, IN is $1,036 per month.

What is the rental price range for homes in South Bend, IN?

Homes in South Bend typically rent for between $670 and $1,963 per month, with an average of $1,036 per month.

What is the average rent for different bedroom sizes in South Bend, IN?

In South Bend, the average rent for a 1-bedroom home is $957 per month, for a 2-bedroom home, $1,072 per month, and a 3-bedroom home is $1,510 per month.

How do rent prices in South Bend, IN compare with the national average?

The average rent in South Bend is 42.1% ($754) lower than the national average of $1,790 per month.

How have rent prices in South Bend, IN changed recently?

The average rent in South Bend has decreased by 1.5% ($16) in the last month and decreased by 34.7% ($551) over the past year.

How competitive is the rental market in South Bend, IN?

The rental market in South Bend, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in South Bend, IN?

In South Bend, IN, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in South Bend, IN?

There are currently 46 rental properties available in South Bend, IN.

Can I afford to rent a home in South Bend, IN?

Based on the current averages, a household would need an annual income of $42,880 to comfortably afford a 2-bedroom home in South Bend.