Best Affordable Neighborhoods in South Bend, IN
Some of the cheapest neighborhoods in South Bend are Creekwood Villas, Castle Point, and Meadowview. These neighborhoods offer some of the lowest rent prices in South Bend, making them ideal for renters on a budget. As of March 20, 2026, the average rent in South Bend is $1,248, which is 4.3% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Creekwood Villas
Average Rent
$975/Month
Units Available
30 Rentals
If you’re looking for a great, affordable neighborhood in South Bend, Creekwood Villas might be the perfect place! It has an average rent price of $975, while the city’s average stands at $1,248. Creekwood Villas is near Indiana University, South Bend, St. Mary's College, and South Bend International.
Castle Point
Average Rent
$1,084/Month
Units Available
36 Rentals
Castle Point is a top choice for budget-conscious renters for a variety of reasons. The average rent in Castle Point is $1,084 while the city average is $1,248. Residents enjoy convenient access to Georgetown Center, Bethel College, and HealthWorks! Kids' Museum.
Meadowview
Average Rent
$1,084/Month
Units Available
36 Rentals
When you’re looking for a great South Bend neighborhood on a budget, check out Meadowview. The average rent is $1,084, compared to the city average of $1,248. Meadowview is convenient to Greenwood Plaza, Indiana University, South Bend, and St. Mary's College.
Deer Run at Topsfield
Average Rent
$1,092/Month
Units Available
35 Rentals
Deer Run at Topsfield is an affordable neighborhood in South Bend with an average rent price of $1,092. Compare this to the city average of $1,248. Deer Run at Topsfield provides easy access to St. Mary's College, Shiojiri Niwa Japanese Garden, and Potawatomi Zoo.
West Washington
Average Rent
$1,094/Month
Year-Over-Year Rent Change
1.7%
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in South Bend, West Washington might be the perfect place! It has an average rent price of $1,094, while the city’s average stands at $1,248. In the last year, prices have increased by 1.7%. West Washington is near Sample Square, Bethel College, and Elwood Shopping Center.
Georgetown
Average Rent
$1,100/Month
Year-Over-Year Rent Change
6.8%
Units Available
44 Rentals
Georgetown is a top choice for budget-conscious renters for a variety of reasons. The average rent in Georgetown is $1,100 while the city average is $1,248. This is a 6.8% difference from last year. Residents enjoy convenient access to Madeline Bertrand County Park, Michiana Plaza, and St. Mary's College.
West South Bend
Average Rent
$1,116/Month
Year-Over-Year Rent Change
0.7%
Units Available
22 Rentals
When you’re looking for a great South Bend neighborhood on a budget, check out West South Bend. The average rent is $1,116, compared to the city average of $1,248. Rent prices have increased by 0.7%. West South Bend is convenient to Rum Village Nature Center, LaSalle Square, and HealthWorks! Kids' Museum.
North Side
Average Rent
$1,320/Month
Year-Over-Year Rent Change
4%
Units Available
102 Rentals
North Side is an affordable neighborhood in South Bend with an average rent price of $1,320. Compare this to the city average of $1,248. In the past year, rent prices have increased by 4%. North Side provides easy access to Madeline Bertrand County Park, Bethel College, and HealthWorks! Kids' Museum.
Southside South Bend
Average Rent
$1,432/Month
Year-Over-Year Rent Change
10.1%
Units Available
264 Rentals
If you’re looking for a great, affordable neighborhood in South Bend, Southside South Bend might be the perfect place! It has an average rent price of $1,432, while the city’s average stands at $1,248. In the last year, prices have increased by 10.1%. Southside South Bend is near Bethel College, University of Notre Dame, and Hannah Lindahl Children's Museum.
Downtown South Bend
Average Rent
$1,467/Month
Year-Over-Year Rent Change
2.8%
Units Available
71 Rentals
Downtown South Bend is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown South Bend is $1,467 while the city average is $1,248. This is a 2.8% difference from last year. Residents enjoy convenient access to South Bend International, Elwood Shopping Center, and University of Notre Dame.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.