FairRentWize

Merced vs South Bend-Mishawaka

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

South Bend-Mishawaka is 46% cheaper for renters. A 2-bedroom rents for $724/mo vs $1,055/mo in Merced — saving $3,972/year.

Rent by Unit Size

Unit SizeMercedSouth Bend-MishawakaDifference
Studio$696$500$196
1 Bedroom$865$609$256
2 Bedrooms$1,055$724$331
3 Bedrooms$1,328$947$381
4 Bedrooms$1,460$1,108$352
Median Income$60,958$45,155$15,803

Merced

Studio
$696/mo
1 BR
$865/mo
2 BR
$1,055/mo
3 BR
$1,328/mo
4 BR
$1,460/mo
Median Income
$60,958/yr
Full Merced profile →

South Bend-Mishawaka

Studio
$500/mo
1 BR
$609/mo
2 BR
$724/mo
3 BR
$947/mo
4 BR
$1,108/mo
Median Income
$45,155/yr
Full South Bend-Mishawaka profile →

Frequently Asked Questions

Is Merced or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $1,055/mo in Merced. That's $331/mo or $3,972/year more expensive in Merced (46% higher).
What is the 2-bedroom rent in Merced vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Merced and South Bend-Mishawaka?
The median household income in Merced is $60,958/year. In South Bend-Mishawaka it is $45,155/year. Merced has the higher median income.
What is the studio rent in Merced vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Merced is $696/mo. In South Bend-Mishawaka it is $500/mo.