The Most Affordable Neighborhoods in Rum Village, South Bend, IN by Home Value

 

Rum Village, South Bend, IN Map of Most Affordable Neighborhoods
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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 $75,932, lower than the South Bend average of $124,525.

The average cost of rent is $909/mo in Rum Village, primarily driven by the current value of real estate in the Rum Village area. While nearly 44.82% of residents own their homes outright in Rum Village, 48.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rum Village is $3,502 per month. Households that rent pay about 25.97% of their income on rent here. Rum Village's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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