Rent in South Bend, IN at a glance
2-bedroom rent (HUD)
$1,292$15,504 a year · HUD fiscal year 2026From October 1, 2026: $1,276 (−1.2%)How much rent can you afford in South Bend, IN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in South Bend, IN by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $898 | $10,776 | $35,920 | $17.27/hr |
| 1 bedroom | $1,105 | $13,260 | $44,200 | $21.25/hr |
| 2 bedroomsMost searched | $1,292 | $15,504 | $51,680 | $24.85/hr |
| 3 bedrooms | $1,567 | $18,804 | $62,680 | $30.13/hr |
| 4 bedrooms | $1,711 | $20,532 | $68,440 | $32.90/hr |
Cost of living in South Bend, IN: income, prices and a budget →
Living and working in South Bend, IN
Rent in South Bend, IN: common questions
How much is rent going down in South Bend, IN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,276 for a two-bedroom, down 1.2% from $1,292. A one-bedroom goes from $1,105 to $1,093, a studio from $898 to $937.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in South Bend, IN?
HUD's Fair Market Rent for 2026 is $1,105 for a one-bedroom and $1,292 for a two-bedroom, utilities included. That is $15,504 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in South Bend, IN?
To keep a $1,292 two-bedroom at 30% of gross pay, one full-time worker needs $24.85 an hour, or $51,680 a year. A one-bedroom at $1,105 takes $21.25 an hour.
How much is a 1, 2 or 3-bedroom apartment in South Bend, IN?
At HUD's 2026 Fair Market Rent: studio $898, one bedroom $1,105, two $1,292, three $1,567 and four $1,711 a month.
Is rent affordable in South Bend, IN?
For the typical household, earning $55,786 a year ($4,649 a month, Census ACS), a two-bedroom at $1,292 takes 27.8% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,292 × 12) ÷ 0.30 = $51,680. Divided by 2,080 working hours, that is $24.85 an hour.