Example household · $83,730 · same pay · 1 adult

South Bend

Housing in South Bend, IN: Rent, Home Prices & Property Tax

$2,414 left/mo

$1,005/mo (1 bd) in South Bend. Median home $183,800. Property tax 0.89%.

Rent (1-bedroom)
$1,005
/mo
Buy
$1,307
Mortgage, tax, insurance
Buying costs more
$302
/mo

To buy

  • 20% down payment$36,760
  • Mortgage at 7.24%$1,002
  • Property tax (0.89% of value)$136/mo · $1,636/yr
  • Insurance and upkeep$168
  • Monthly total$1,307

Months to 20% down

$2,414 left each month. About 16 months (1.3 years) to save $36,760.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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