
Cheap Apartments for Rent in the Park Avenue Neighborhood of South Bend, IN from $300 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Avenue area of South Bend.


Gemini Apartments

Robertson's Senior Apartments

1414 W Washington St

3009 Prast Blvd

Emerson Apartments

1515 Miami St

508 S St Joseph St
The Expert List: South Bend's 7 Most Livable and Affordable Neighborhoods
Discover affordable South Bend neighborhoods like Swanson Park and Wooded Estates. Find your ideal rental with easy access to parks, shops, and community events.

1318 Clover St

1416 Miami St

Total Monthly Price
Historic Carroll Street Apartments

407 S Eddy St

1106 Roosevelt St

1221 Ford St

533 Columbia St

Harter Heights Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1108 Diamond Ave

Hoffman Hotel Apartments

Historic Rushton Senior Apartments

New Heritage Homes

Hillcrest Apartments

Washington Dunbar Homes

Northshore Apartments

2014 Lathrop St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2254 Huey St

Monroe Park Apartments

Village Terre

*Inactive* Legacy on Main

917 Huey St

922 Stanfield St

627 N St Peter St

1106 Portage Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Landings at Notre Dame Family / Grad Housing

Elthan Place

730 N Elmer St

937 Roosevelt St

3022 Hartzer St

1206 Haney Ave

1910 N Johnson St

210 S Taylor St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Park Avenue, South Bend, IN Local Guide

How much does it cost to rent an apartment in Park Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Avenue Studio Apartments | $1,196 | $725 | $1,900 |
| Park Avenue 1 Bedroom Apartments | $1,401 | $654 | $2,550 |
| Park Avenue 2 Bedroom Apartments | $1,803 | $750 | $3,150 |
| Park Avenue 3 Bedroom Apartments | $1,868 | $790 | $4,377 |
| Park Avenue 4 Bedroom Apartments | $1,391 | $900 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Park Avenue Neighborhood of South Bend, IN.
See all Apartments in South BendExplore South Bend
Park Avenue, South Bend, IN Local Guide
- Nearby South Bend neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Park Avenue Apartments for Rent
 The cheapest available apartment rental in the Park Avenue area of South Bend, IN is a 1 Bed unit found at Gemini Apartments priced from $654. Robertson's Senior Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Park Avenue apartments for rent in South Bend, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gemini Apartments | The Heritage | 1BR,1BA | $654 |
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $750 |
| Emerson Apartments | 1 bed 1 bath 238 SF | 1BR,1BA | $850 |
| Historic Carroll Street Apartments | Studio | Studio,1BA | $950 |
| Harter Heights Place | Scotsman | Studio,1BA | $1,050 |
| The Lasalle Apartments | The Liberty | 1BR,1BA | $1,164 |
| Five Corners | Anderson | Studio,1BA | $1,200 |
| Riverside North Apartments | Niagra | 1BR,1BA | $1,225 |
| The Hill | SC | Studio,1BA | $1,227 |
| Studebaker Lofts | Champion | 1BR,1BA | $1,281 |
Best Value Apartments for Rent in Park Avenue, IN
As of July 27, 2026 the best value apartment in the Park Avenue area is the $0.82 price per square foot 402 W Washington St Model at 402 W Washington St, Unit Historic Downtown 3rd Floor Apartment in the in the Keller Park neighborhood starting from $1,400. The second greatest value Park Avenue apartment is the 2 Bedroom 2 Bath 1299 Model at Aurum starting at $1,749 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 402 W Washington St, Unit Historic Downtown 3rd Floor Apartment | 402 W Washington St | 1BR,1BA | $0.82 |
| Aurum | 2 Bedroom 2 Bath 1299 | 2BR,2BA | $1.35 |
| Pointe at Saint Joseph Apartment Homes | Two Bedroom 2 Bath- 1032 sqft | 2BR,2BA | $1.61 |
| 1032 E Wayne St, Unit 323 S. Eddy - 2nd floor apartment | 1032 E Wayne St | 1BR,1BA | $1.38 |
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $0.85 |
| Irish Row | 2X2 | 2BR,2BA | $1.09 |
| Riverside North Apartments | Niagra | 1BR,1BA | $1.75 |
| The Lasalle Apartments | The Liberty | 1BR,1BA | $1.69 |
| Riverwalk Commons- Student Housing | Three Bedroom | 1BR,1BA | $0.96 |
| Gemini Apartments | The Heritage | 1BR,1BA | $1.17 |
Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN
Find your ideal affordable rental near the University of Notre Dame, St. Mary's College, and Ivy Tech in South Bend, IN. Explore top neighborhoods now.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestylePark Avenue, South Bend, IN
Ranked #13
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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!
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 $1,281.
What is the price of a cheap apartment in Park Avenue?
The cheapest apartment in Park Avenue is Gemini Apartments which is listed at $654, while the average apartment in Park Avenue costs $4,800.
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 50 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 $984 which is $3,816 cheaper than the average rent for all rentals in Park Avenue.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN
Written by: Wendy Melton
If Indiana is a central hub for the Midwest, South Bend is one of its strongest connectors, especially where education is concerned.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.