Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Bend area can be challenging. Home prices in South Bend are now at a median cost of $124,525, lower than the Indiana average of $175,617.
The average cost of rent is $874/mo in South Bend, primarily driven by the current value of real estate in the South Bend area. While nearly 43.19% of residents own their homes outright in South Bend, 32.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Bend is $4,693 per month. Households that rent pay about 18.62% of their income on rent here. South Bend's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Notre Dame, IN: equally priced homes
- Roseland, IN: less expensive homes
- Mishawaka, IN: higher priced homes
- Woodland, IN: higher priced homes
- Chain-O-Lakes, IN: higher priced homes
- Granger, IN: higher priced homes
- Osceola, IN: higher priced homes
- Niles, MI: higher priced homes
- Lakeville, IN: higher priced homes
- North Liberty, IN: higher priced homes
Cities with Similar Populations
- Rocklin, CA: higher priced homes
- Rochester, MN: higher priced homes
- Rock Hill, SC: higher priced homes
- Richmond, VA: higher priced homes
- Redwood City, CA: higher priced homes
- Oxnard, CA: higher priced homes
- Pacoima, CA: higher priced homes
- Pawtucket, RI: higher priced homes
- Pasadena, TX: higher priced homes
- Parker, CO: higher priced homes
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