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South Bend city, IN

ZIP 46617 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46617

Median Home Value
$231,400
Median Rent
$1,256
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,486/mo PITI).

20%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

15.4 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 46617 in South Bend city, IN, a household would need roughly $64,000 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 $1,486. That sits below the local median household income ($73,700), 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 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
58.3%-11% vs US avg
x
Vacancy Rate
17.5%+70% vs US avg
x
Broadband Access
90.1%+4% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
8.0%-37% vs US avg
x
Built Post-2014
2.3%-66% vs US avg
x
Rent Burden >30%
23.5%-53% vs US avg
x
Mortgage-Free
48.6%+27% vs US avg
x
$231,400
Home Value
$1,256
Rent
1959
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached63.0%
  • 1-unit attached7.5%
  • 2-9 units8.9%
  • 10+ units20.4%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$231,400
Median rent$1,256
Owner-occupied58.3%
Vacant17.5%
Price-to-income3.1x
Est. income to buy$64,000