Cheap Apartments for Rent in the Downtown South Bend Neighborhood of South Bend, IN from $300 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown South Bend area of South Bend.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Hoffman Hotel Apartments
Studio to 2 Bedroom Apartments

Hoffman Hotel Apartments

120 W Lasalle AveSouth Bend, IN 46601
  • Utilities Included
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New Heritage Homes
2 to 3 Bedroom Apartments

New Heritage Homes

505 E Broadway StSouth Bend, IN 46601
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hillcrest Apartments
Studio to 1 Bedroom Apartments

Hillcrest Apartments

1301 N Michigan StSouth Bend, IN 46617
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Northshore Apartments
1 to 2 Bedroom Apartments

Northshore Apartments

1411 Northside BlvdSouth Bend, IN 46615
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The Belfry
2 to 4 Bedroom Apartments

The Belfry

744 N Notre Dame AveSouth Bend, IN 46617
Student Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Downtown South Bend, South Bend, IN Local Guide

Cheapest Available Downtown South Bend Apartments for Rent

 

The cheapest available apartment rental in the Downtown South Bend area of South Bend, IN is a Studio unit found at Legacy on Main priced from $800. Harter Heights Place has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Downtown South Bend apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Legacy on MainStudioStudio,1BA$800
Harter Heights PlaceScotsmanStudio,1BA$1,000
The LaSalleMichiana1BR,1BA$1,033
Central High & Stephenson Mills ApartmentsA1BR,1BA$1,244
Pointe at Saint Joseph Apartment HomesTwo Bedroom 2 Bath- 1032 sqft2BR,2BA$1,565

Best Value Apartments for Rent in Downtown South Bend, IN

As of July 05, 2025 the best value apartment in the Downtown South Bend area is the $1.57 price per square foot President Model at Studebaker Lofts in the in the Keller Park neighborhood starting from $2,490. The second greatest value Downtown South Bend apartment is the 2 Bedroom 2 Bath 1277 Model at Aurum starting at $1,649 with a $1.29 price per square foot in the Council Oak neighborhood. Here is today’s list of the best values for Downtown South Bend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Studebaker LoftsPresident2BR,2BA$1.57
Aurum2 Bedroom 2 Bath 12772BR,2BA$1.29
300 East Apartments350 - 102BR,2BA$2.25
Pointe at Saint Joseph Apartment HomesTwo Bedroom 1.5 Bath- 1032 sqft2BR,1.5BA$1.54
401 Haney Ave, Unit Upstairs Unit401 Haney Ave2BR,1BA$1.22
Legacy on MainTwo Bedroom2BR,1BA$1.33
The LaSalleBrandywine2BR,2BA$1.60
The FoundrySparks2BR,2BA$2.75
Central High & Stephenson Mills ApartmentsA1BR,1BA$2.11
Harter Heights PlaceCommander1BR,1BA$2.29

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown South Bend, South Bend, IN

Ranked #24

Among neighborhoods in South Bend, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central South Bend. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, places to raise kids, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Downtown South Bend Neighborhood in South Bend, IN

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

84 / 100

Very Bikeable

Biking is convenient for most trips

Frequently Asked Questions about Cheap Downtown South Bend Apartments

What is the price of a cheap apartment in Downtown South Bend?

The cheapest apartment in Downtown South Bend is The LaSalle which is listed at $1,033, while the average apartment in Downtown South Bend costs $5,100.

What types of apartments are the cheapest in Downtown South Bend?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Downtown South Bend that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown South Bend?

Cheap apartments in Downtown South Bend have an average cost of $1,293 which is $3,807 cheaper than the average rent for all rentals in Downtown South Bend.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.