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South Bend city, IN

ZIP 46637 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46637

Median Home Value
$192,000
Median Rent
$940
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,233/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.0 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 46637 in South Bend city, IN, a household would need roughly $53,000 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 $1,233. That sits below the local median household income ($72,401), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
69.1%+6% vs US avg
x
Vacancy Rate
13.3%+30% vs US avg
x
Broadband Access
87.7%+1% vs US avg
x
4+ Bedrooms
2.6%-82% vs US avg
x
Built Pre-1939
8.2%-36% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
23.4%-53% vs US avg
x
Mortgage-Free
41.8%+9% vs US avg
x
$192,000
Home Value
$940
Rent
1977
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached65.7%
  • 1-unit attached4.2%
  • 2-9 units16.2%
  • 10+ units13.6%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$192,000
Median rent$940
Owner-occupied69.1%
Vacant13.3%
Price-to-income2.7x
Est. income to buy$53,000