Cap Rate by City | South Bend, IN


Below are the cap rate details for South Bend, IN, including the average, highest, and lowest available data points. For added insight, we’ve also provided a breakdown by property type, zip code, and prior-year cap rates where available. Population figures are based on the latest census. This page will be updated regularly as new cap rate data becomes available.


City: South Bend
State: IN
County: N/A
Population: 103,453


Cap Rate by City and Property Type


Average TTM Low TTM High TTM Average T2Y Low T2Y High T2Y
South Bend City Level 7.48 0.91 12.80 *This data requires Professional Pass membership.
  Single-Family *This data requires Professional Pass membership.
  Multi-Family *This data requires Professional Pass membership.
  Retail *This data requires Professional Pass membership.
  Office *This data requires Professional Pass membership.
   Industrial *This data requires Professional Pass membership.
  Specialty *This data requires Professional Pass membership.

TTM = Trailing 12 months of cap rate data. T2Y = Trailing two years of cap rate data.


Historical Cap Rate


Year Average Low High
2025 *This data requires Professional Pass membership.
2024 *This data requires Professional Pass membership.
2023 *This data requires Professional Pass membership.
2022 *This data requires Professional Pass membership.
2020 *This data requires Professional Pass membership.
2019 *This data requires Professional Pass membership.

The historical cap rate data is subject to change as we receive more data points.


Cap Rate by Zip Codes in South Bend


Zip Codes (11) Average Single-Family Multi-Family Retail Office Industrial Specialty
46601 *This data requires Professional Pass membership.
46613 *This data requires Professional Pass membership.
46614 *This data requires Professional Pass membership.
46615 *This data requires Professional Pass membership.
46616 *This data requires Professional Pass membership.
46617 *This data requires Professional Pass membership.
46619 *This data requires Professional Pass membership.
46628 *This data requires Professional Pass membership.
46635 *This data requires Professional Pass membership.
46637 *This data requires Professional Pass membership.
46601-1923 *This data requires Professional Pass membership.

Last updated: 2026-05-03 20:43:46 PST - v1.9