South Bend, IN Real Estate

According to census data in the year 2000 there were 46,230 housing units in South Bend. This represents a 1% growth from 45,757 in 1990.

Of those housing units, 46,162 were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.

Homeownership rate in South Bend is about 63.1%. South Bend's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.44 people.

The majority of houses, apartments or condos in South Bend were built after 1953.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom13.90%
Two Bedrooms32.90%
Three Bedrooms37.40%
Four Bedrooms12.20%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1950
Median Value of occupied units$66,600
Median Price asked for vacant units$48,700

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1960
Median Monthly Rent asked for vacant units$457

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.10%
Home Equity Loan7.60%
Simple Mortgage49.40%
Debt Free35.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%