Cheap Apartments for Rent in the Park Avenue Neighborhood of South Bend, IN from $300 (39 Rentals)

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

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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Hoffman Hotel Apartments
Studio to 2 Bedroom Apartments

Hoffman Hotel Apartments

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

New Heritage Homes

505 E Broadway StSouth Bend, IN 46601
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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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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.

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Village Terre
1 to 2 Bedroom Apartments

Village Terre

1512 Rosemary LnSouth Bend, IN 46637
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The Belfry
2 to 4 Bedroom Apartments

The Belfry

744 N Notre Dame AveSouth Bend, IN 46617
Student Housing

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Elthan Place
3 Bedroom Apartments

Elthan Place

132 S Scott StSouth Bend, IN 46601
  • Utilities Included

Park Avenue, South Bend, IN Local Guide

Cheapest Available Park Avenue Apartments for Rent

 

The cheapest available apartment rental in the Park Avenue area of South Bend, IN is a Studio unit found at Legacy on Main priced from $800. Indian Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Park Avenue apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Legacy on MainStudioStudio,1BA$800
Indian Springs ApartmentsTHE CARLISLE1BR,1BA$839
ProsperChalet1BR,1BA$875
Castle PointBalmoral1BR,1BA$895
Harter Heights PlaceScotsmanStudio,1BA$1,000
The LaSalleMichiana1BR,1BA$1,033
Central High & Stephenson Mills ApartmentsA21BR,1BA$1,262
Irish Flats1 Bed1BR,1BA$1,375
The 87Studio - S1Studio,1BA$1,425
Aurum2 Bedroom 2 Bath 11392BR,2BA$1,499

Best Value Apartments for Rent in Park Avenue, IN

As of May 29, 2025 the best value apartment in the Park Avenue area is the $0.58 price per square foot 3x3 Model at University Edge in the in the Council Oak neighborhood starting from $725. The second greatest value Park Avenue apartment is the 2 Bedroom 2 Bath 1139 Model at Aurum starting at $1,499 with a $1.32 price per square foot in the Council Oak neighborhood. Here is today’s list of the best values for Park Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Edge3x33BR,3BA$0.58
Aurum2 Bedroom 2 Bath 11392BR,2BA$1.32
Central High & Stephenson Mills ApartmentsA21BR,1BA$1.18
The Bend Apartments - Student Housing2 bedroom2BR,2BA$0.75
Legacy on MainTwo Bedroom2BR,1BA$1.33
Irish Row2X22BR,2BA$1.01
Castle PointAndorra1BR,1BA$1.42
Indian Springs ApartmentsTHE OSCEOLA1BR,1BA$1.31
ProsperRegency1BR,1BA$1.39
Riverwalk Commons- Student HousingThree Bedroom1BR,2BA$0.96

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Park Avenue, South Bend, IN

Ranked #11

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Indiana including Park Avenue, South Bend, and the greater South Bend area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Park Avenue Neighborhood in South Bend, IN

Walk Score®

75 / 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 Park Avenue Apartments

What is a cheap apartment in Park Avenue?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Avenue is under $1,499.

What is the price of a cheap apartment in Park Avenue?

The cheapest apartment in Park Avenue is Indian Springs Apartments which is listed at $839, while the average apartment in Park Avenue costs $5,100.

What types of apartments are the cheapest in Park Avenue?

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 78 regular apartments in Park Avenue 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 Park Avenue?

Cheap apartments in Park Avenue have an average cost of $1,109 which is $3,991 cheaper than the average rent for all rentals in Park Avenue.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.