Cheap Homes for Rent in South Bend, IN from $700 (57 Rentals)

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Search the lowest-cost Homes available for rent right now in 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.

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.

property at 1026 W Rose St

1026 W Rose St

South BendIN46616

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

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South Bend, IN Local Guide

Cheapest Neighborhoods for Apartments in South Bend, IN

Pricing Updated: 07/12/2025

Current apartment rentals in the South Bend, IN area range in price from $700 to $4,800 with an overall median price of $2,327. The three South Bend neighborhoods with the lowest median rent pricing are Woodlawn at $750, LaSalle Area at $950, and Hayden at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for South Bend Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Woodlawn$1,000$7504
LaSalle Area$1,000$9502
Hayden$1,050$7503
Far Northwest$1,200$1,2001
LaSalle Park$1,375$1,3751
Outer Westside$1,450$75030
Rum Village$1,450$7504
Keller Park$1,500$95024
Downtown South Bend$2,000$70028
Edgewater$2,000$70041

Cheapest Available South Bend Apartments for Rent

 

The cheapest available apartment rental in South Bend, IN is a Studio unit found at Legacy on Main in the Council Oak neighborhood priced from $800. Indian Springs Apartments in the Council Oak neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $844. Here is today’s list of the most affordable South Bend apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy on MainStudioStudio,1BA$800
Indian Springs ApartmentsTHE CARLISLE1BR,1BA$844
Castle PointBalmoral1BR,1BA$935
Lakeview Apartments1 Bed, 1 bath1BR,1BA$985
Ironwood VillageTwo Bedroom2BR,1BA$988
Irish Hills ApartmentsSeville One Bedroom1BR,1BA$994
Regency ApartmentsOne Bedroom One Bath Upper1BR,1BA$995
Harter Heights PlaceScotsmanStudio,1BA$1,000
The LaSalleMichiana1BR,1BA$1,033

Best Value Apartments for Rent in South Bend, IN

As of July 12, 2025 the best value apartment in the South Bend area is the $0.92 price per square foot 2 Bed 2.5 Bath Model at Colfax Townhomes in the in the Bercliff Estates neighborhood starting from $1,650. The second greatest value South Bend apartment is the 3x3 Model at University Edge starting at $725 with a $0.58 price per square foot in the Council Oak neighborhood. Here is today’s list of the best values for South Bend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colfax Townhomes2 Bed 2.5 Bath2BR,2.5BA$0.92
University Edge3x33BR,3BA$0.58
The Bend Apartments - Student Housing2 bedroom2BR,2BA$0.75
Ironwood VillageTwo Bedroom2BR,1BA$1.00
401 Haney Ave, Unit Upstairs Unit401 Haney Ave2BR,1BA$1.22
Griffin Estates ApartmentsTwo Bedroom2BR,1BA$1.28
Riverside North ApartmentsDelaware2BR,1BA$1.17
Grey Ridge Apartments LLCOxbow2BR,1BA$1.19
303 W Lawrence St, Unit C303 W Lawrence St1BR,1BA$0.99
Riverwalk Commons- Student HousingThree Bedroom3BR,2BA$0.96

Quick Rent Budget Calculator

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Frequently Asked Questions about South Bend

What type of rentals are currently available in South Bend?

There are currently 220 Apartments for Rent in South Bend, IN with pricing that ranges from $509 to $6,000. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Bend ranging from $700 to $4,800.

What is the current price range for Rental Homes in South Bend?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Bend ranges from $700 to $4,800 with an average monthly rent of $1,571.

How much are larger Three and Four Bedroom Rentals in South Bend?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Bend range from $725 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $949.

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.