
Cheap Homes for Rent in the Park Avenue Neighborhood of South Bend, IN from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Park Avenue area of South Bend.


2014 Lathrop St

922 Stanfield St

627 N St Peter St

1106 Portage Ave

1530 Wilber St

1149 O Brien 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.

1106 Roosevelt St

1644 N Adams St

937 Roosevelt St

3022 Hartzer St

1108 Diamond Ave

1910 N Johnson St

730 N Elmer St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1206 Haney Ave

729 N Elmer St

1165 E Indiana Ave

1641 N Johnson St

514 Studebaker St

1306 N Kaley St

317 E Indiana Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Park Avenue, South Bend, IN Local Guide

How much does it cost to rent a home in Park Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Avenue 2 Bedroom Homes for Rent | $1,256 | $970 | $2,200 |
| Park Avenue 3 Bedroom Homes for Rent | $1,530 | $600 | $2,950 |
| Park Avenue 4 Bedroom Homes for Rent | $2,183 | $1,295 | $4,800 |
| Park Avenue 5 Bedroom Homes for Rent | $2,000 | $1,800 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Park Avenue Neighborhood of South Bend, IN.
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Park Avenue, South Bend, IN Local Guide
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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 |
| Riverside North Apartments | Niagra | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Park Avenue, IN
As of July 15, 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 |
| The Ivy at Berlin Place | Addison | 2BR,2BA | $1.56 |
| 1032 E Wayne St, Unit 323 S. Eddy - 2nd floor apartment | 1032 E Wayne St | 1BR,1BA | $1.38 |
| Central High & Stephenson Mills Apartments | A3 | 1BR,1BA | $1.73 |
| Robertson's Senior Apartments | 2 Bedroom | 2BR,1BA | $0.85 |
| Irish Row | 2X2 | 2BR,2BA | $1.09 |
| Riverside North Apartments | Niagra | 1BR,1BA | $1.50 |
| Riverwalk Commons- Student Housing | Three Bedroom | 1BR,1BA | $1.04 |
| 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
Frequently Asked Questions about Park Avenue
What type of rentals are currently available in Park Avenue?
There are currently 108 Apartments for Rent in Park Avenue, IN with pricing that ranges from $654 to $4,800. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Avenue ranging from $600 to $7,200.
What is the current price range for Rental Homes in Park Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Avenue ranges from $600 to $7,200 with an average monthly rent of $1,759.
How much are larger Three and Four Bedroom Rentals in Park Avenue?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Avenue range from $790 to $4,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $949.
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

The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.