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South Bend city, IN

ZIP 46601 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46601

Median Home Value
$131,600
Median Rent
$695
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$845/mo PITI).

31%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

4.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

15.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46601 in South Bend city, IN, a household would need roughly $36,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $845. That is about 33% above the local median household income ($27,080), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 26% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
19.8%-70% vs US avg
x
Vacancy Rate
26.0%+152% vs US avg
x
Broadband Access
73.9%-15% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
5.2%-60% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
22.5%-55% vs US avg
x
Mortgage-Free
41.3%+8% vs US avg
x
$131,600
Home Value
$695
Rent
1938
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached28.7%
  • 1-unit attached4.0%
  • 2-9 units22.9%
  • 10+ units44.4%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$131,600
Median rent$695
Owner-occupied19.8%
Vacant26.0%
Price-to-income4.9x
Est. income to buy$36,000