Most Affordable Neighborhoods in South Bend, IN

Some of the cheapest neighborhoods in South Bend are River Park, Council Oak, and Georgetown. These neighborhoods offer some of the lowest rent prices in South Bend, making them ideal for renters on a budget. As of March 24, 2025, the average rent in South Bend is $1,173, which is 5.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

River Park

Average Rent

$749/Month

Year-Over-Year Rent Change

6.3%

TransitScore® Rating

0/100

Units Available

11 Rentals

River Park is an affordable neighborhood in South Bend with an average rent price of $749. Compare this to the city average of $1,173. In the past year, rent prices have increased by 6.3%. River Park provides easy access to College Square Shopping Center, Shiojiri Niwa Japanese Garden, and Martin's Shopping Center. It’s a somewhat walkable neighborhood with a WalkScore® of 67.

Council Oak

Average Rent

$881/Month

Year-Over-Year Rent Change

4.5%

TransitScore® Rating

0/100

Units Available

8 Rentals

If you’re looking for a great, affordable neighborhood in South Bend, Council Oak might be the perfect place! It has an average rent price of $881, while the city’s average stands at $1,173. In the last year, prices have increased by 4.5%. Council Oak is near Potawatomi Zoo, South Bend International, and Meijer Anchored Center.

Georgetown

Average Rent

$1,056/Month

Year-Over-Year Rent Change

7.5%

TransitScore® Rating

0/100

Units Available

16 Rentals

Georgetown is a top choice for budget-conscious renters for a variety of reasons. The average rent in Georgetown is $1,056 while the city average is $1,173. This is a 7.5% difference from last year. Residents enjoy convenient access to Shiojiri Niwa Japanese Garden, Indiana University, South Bend, and HealthWorks! Kids' Museum. The neighborhood is considered car-dependent with a WalkScore® of 33.

South Bend/Elkhart

Average Rent

$1,061/Month

Units Available

42 Rentals

When you’re looking for a great South Bend neighborhood on a budget, check out South Bend/Elkhart. The average rent is $1,061, compared to the city average of $1,173.

Keller Park

Average Rent

$1,105/Month

Year-Over-Year Rent Change

14.4%

TransitScore® Rating

0/100

Units Available

3 Rentals

Keller Park is an affordable neighborhood in South Bend with an average rent price of $1,105. Compare this to the city average of $1,173. In the past year, rent prices have increased by 14.4%. Keller Park provides easy access to Rum Village Nature Center, Potawatomi Zoo, and Bethel College. It’s a somewhat walkable neighborhood with a WalkScore® of 55.

West South Bend

Average Rent

$1,164/Month

Year-Over-Year Rent Change

18.7%

TransitScore® Rating

0/100

Units Available

20 Rentals

If you’re looking for a great, affordable neighborhood in South Bend, West South Bend might be the perfect place! It has an average rent price of $1,164, while the city’s average stands at $1,173. In the last year, prices have increased by 18.7%. West South Bend is near University of Notre Dame, South Bend International, and St. Mary's College.

Southside South Bend

Average Rent

$1,416/Month

Year-Over-Year Rent Change

10.9%

TransitScore® Rating

0/100

Units Available

247 Rentals

Southside South Bend is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southside South Bend is $1,416 while the city average is $1,173. This is a 10.9% difference from last year. Residents enjoy convenient access to University of Notre Dame, HealthWorks! Kids' Museum, and Hannah Lindahl Children's Museum. The neighborhood is considered car-dependent with a WalkScore® of 41.

West Washington

Average Rent

$1,419/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

0/100

Units Available

7 Rentals

When you’re looking for a great South Bend neighborhood on a budget, check out West Washington. The average rent is $1,419, compared to the city average of $1,173. Rent prices have increased by 2%. West Washington is convenient to Hannah Lindahl Children's Museum, Indiana University, South Bend, and Rum Village Nature Center. The community is somewhat walkable with a WalkScore® of 67.

North Side

Average Rent

$1,517/Month

Year-Over-Year Rent Change

6%

TransitScore® Rating

0/100

Units Available

121 Rentals

North Side is an affordable neighborhood in South Bend with an average rent price of $1,517. Compare this to the city average of $1,173. In the past year, rent prices have decreased by 6%. North Side provides easy access to Potawatomi Zoo, Campus Shoppes, and South Bend International. It’s a car-dependent neighborhood with a WalkScore® of 49.

Downtown South Bend

Average Rent

$1,596/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

0/100

Units Available

37 Rentals

If you’re looking for a great, affordable neighborhood in South Bend, Downtown South Bend might be the perfect place! It has an average rent price of $1,596, while the city’s average stands at $1,173. In the last year, prices have decreased by 1%. Downtown South Bend is near Potawatomi Zoo, Elwood Shopping Center, and Hannah Lindahl Children's Museum.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.