Cheap Apartments for Rent in the Rum Village Neighborhood of South Bend, IN from $300 (16 Rentals)

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

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New Heritage Homes
2 to 3 Bedroom Apartments

New Heritage Homes

505 E Broadway StSouth Bend, IN 46601
  • Utilities Included
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Elthan Place
3 Bedroom Apartments

Elthan Place

132 S Scott StSouth Bend, IN 46601
  • Utilities Included

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Cheapest Available Rum Village Apartments for Rent

 

The cheapest available apartment rental in the Rum Village area of South Bend, IN is a 2 Beds unit found at Robertson's Senior Apartments priced from $750. Historic Carroll Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Rum Village apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Robertson's Senior Apartments2 Bedroom2BR,1BA$750
Historic Carroll Street ApartmentsStudioStudio,1BA$950
The Square2 Bedroom 1 Bathroom2BR,1BA$1,065
The Soma LoftsThe IncubatorStudio,1BA$1,152
The Lasalle ApartmentsThe Le Bleu1BR,1BA$1,157

Best Value Apartments for Rent in Rum Village, IN

As of June 14, 2026 the best value apartment in the Rum Village area is the $0.88 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 $1,495. The second greatest value Rum Village apartment is the The Manor Model at The Residences at Belleville Park I and II starting at $1,800 with a $1.32 price per square foot in the Rum Village neighborhood. Here is today’s list of the best values for Rum Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
402 W Washington St, Unit Historic Downtown 3rd Floor Apartment402 W Washington St1BR,1BA$0.88
The Residences at Belleville Park I and IIThe Manor4BR,2BA$1.32
1912 Miami St, Unit 19101912 Miami St3BR,1.5BA$1.08
Aurum2 Bedroom 2 Bath 12992BR,2BA$1.35
1032 E Wayne St, Unit 323 S. Eddy - 2nd floor apartment1032 E Wayne St1BR,1BA$1.38
Robertson's Senior Apartments2 Bedroom2BR,1BA$0.85
Central High & Stephenson Mills ApartmentsB2BR,1BA$1.57
The Square2 Bedroom 1 Bathroom2BR,1BA$1.33
Historic Carroll Street Apartments1 Bedroom1BR,1BA$1.75
The Lasalle ApartmentsThe Le Bleu1BR,1BA$1.95

Frequently Asked Questions about Cheap Rum Village Apartments

What is a cheap apartment in Rum Village?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rum Village is under $1,405.

What is the price of a cheap apartment in Rum Village?

The cheapest apartment in Rum Village is Historic Carroll Street Apartments which is listed at $1,050, while the average apartment in Rum Village costs $2,400.

What types of apartments are the cheapest in Rum Village?

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 8 regular apartments in Rum Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.