Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Rum Village area can be challenging. Home prices in Rum Village are now at a median cost of $76,503, lower than the South Bend average of $167,983.
The average cost of rent is $978/mo in Rum Village, primarily driven by the current value of real estate in the Rum Village area. In Rum Village, 51.92% of households rent, and 54.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rum Village is $3,526 per month. Households that rent pay about 27.74% of their income on rent here. Rum Village’s most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Westside, South Bend, IN: equally priced homes
- Southeast Quality, South Bend, IN: higher priced homes
- Nearnorthwest, South Bend, IN: higher priced homes
- Northeast, South Bend, IN: higher priced homes
- River Park, South Bend, IN: higher priced homes
- Edgewood, Michigan City, IN: higher priced homes
- Downtown Michigan City, Michigan City, IN: higher priced homes
- Aetna, Gary, IN: higher priced homes
- Pulaski, Gary, IN: equally priced homes
- Glen Park, Gary, IN: higher priced homes
Neighborhoods with Similar Populations
- South Modesto Acres, Modesto, CA: higher priced homes
- Kamala Park, Oxnard, CA: higher priced homes
- Kendrick Lake, Lakewood, CO: higher priced homes
- Kendrick, Waco, TX: higher priced homes
- Leschi, Seattle, WA: higher priced homes
- Lower Beaver, Des Moines, IA: higher priced homes
- Magnolia Place, Fresno, TX: higher priced homes
- Meadowbrook, Augusta, GA: higher priced homes
- Ballast Point, Tampa, FL: higher priced homes
- Mount Lookout, Cincinnati, OH: higher priced homes
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