Airbnb Market Analytics, Statistics and Data in South Bend, Indiana, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in South Bend? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in South Bend:
How much do Airbnb hosts make on average per month in South Bend?
The short-term rental market in South Bend shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,586 per month
- Strong performing properties (top 25%) make $5,257 or more
- Best-in-class properties (top 10%) achieve $9,848+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,137
Revenue Variations by Month
Occupancy Rates Throughout the Year in South Bend
The market in South Bend shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 31% occupancy rates
- Strong performing properties (top 25%) achieve 57% or higher
- Best-in-class properties (top 10%) reach 78%+occupancy
- Entry-level properties (bottom 25%) average around 15%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in South Bend
Daily rates in South Bend vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $279 per night
- Strong performing properties (top 25%) secure $559 or more
- Best-in-class properties (top 10%) pull in $926+ per night
- Entry-level properties (bottom 25%) earn around $148
Daily Rate Variations by Month
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Seasonality patterns in South Bend
Peak Season (September, October, November)
- Revenue peaks at $6366.25 per month
- Occupancy rates reach 48.60%
- Daily rates average $499.67
Shoulder Season
- Revenue averages $4337.50 per month
- Occupancy maintains 37.45%
- Daily rates hold at $430.62
Low Season (March, January, February)
- Revenue drops to $2514.00 per month
- Occupancy decreases to 27.43%
- Daily rates adjust to $394.11
Is it still profitable to do Airbnb in South Bend in 2025?
Yes! South Bend demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 37% and strong monthly revenue averaging $4337 and As a mature market with 677 active listings, there's strong demand despite the competition. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in South Bend
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown South Bend | The heart of the city with a mix of dining, shopping, and entertainment options. Ideal for travelers who want to experience the urban vibe and local events. | Morris Performing Arts Center, Four Winds Field, South Bend Museum of Art, Studebaker National Museum, East Race Waterway |
| Near Notre Dame | Close proximity to the University of Notre Dame, this area attracts alumni, parents, and sports fans visiting for events. A great location for short-term rentals. | University of Notre Dame, Notre Dame Stadium, Snite Museum of Art, Golden Dome |
| East Bank Village | A lively neighborhood with local businesses, dining, and bars. It's popular with younger crowds and offers a vibrant atmosphere for guests. | The East Bank Emporium, Riverwalk, The Brick, Warehouse Cafe, Bike Trails |
| South Side | A residential area with charming homes and parks. It's a quieter option for families or longer stays, providing a local experience. | Potawatomi Zoo, Howard Park, South Bend International Airport, The East Race Waterway |
| West Side | A diverse neighborhood known for its local eateries and parks. This area provides guests with a taste of local life in South Bend. | The LaSalle Trail, Wee-Lock Park, South Bend Toy Museum, Bendix Woods County Park |
| Mishawaka Riverwalk | Adjacent to South Bend, Mishawaka offers scenic views and outdoor activities along the river. It's perfect for nature lovers and outdoor enthusiasts. | Mishawaka Riverwalk, George Wilson Park, Central Park |
| Granger | A suburban area known for its family-friendly amenities and excellent schools. Appeals to travelers looking for a suburban retreat near South Bend. | St. Patrick's County Park, Mishawaka River, Local Shopping |
| Northside | A historic neighborhood with beautiful architecture and access to cultural sites. Great for tourists interested in history and local culture. | The Oliver Mansion, The Studebaker National Museum, Historical Walking Tours |
Do you need a license for Airbnb in South Bend?
We recommend checking directly with South Bend's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in South Bend
Irish Echos, walking distance to Notre Dame.
Entire Place • 4 bedrooms
Spacious, Comfortable, Great for Groups
Entire Place • 5 bedrooms
6 bedroom new home under the shadow of the Dome.
Entire Place • 6 bedrooms
Notre Dame Entertaining Home- Short Walk to Campus
Entire Place • 4 bedrooms
Victory Views Estate: Luxury Retreat for 25+ Guest
Entire Place • 7 bedrooms
Beautiful House , Walk to ND, Great for big groups
Entire Place • 6 bedrooms
Top Performing Professional Hosts in South Bend
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Irish Management | 11 | $602,282 | 414 | 3.96/5.0 |
| Todd | 7 | $548,405 | 1093 | 4.91/5.0 |
| Travis | 4 | $464,157 | 251 | 5.00/5.0 |
| Brooke | 15 | $400,604 | 230 | 3.78/5.0 |
| Peter | 7 | $336,736 | 887 | 4.93/5.0 |
| Stacy | 1 | $328,458 | 9 | 5.00/5.0 |
| Megan | 1 | $325,146 | 11 | 5.00/5.0 |
| Amanda | 9 | $304,028 | 1287 | 4.89/5.0 |
| Doug | 19 | $286,114 | 424 | 4.35/5.0 |
| Tina | 1 | $267,381 | 5 | 5.00/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in South Bend
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (89.5%), with house and apartment & condo properties comprising 95.4% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile, unique stays segments (4.6% combined)
Room Capacity Distribution
Analysis of 677 properties in South Bend shows that 3 bedrooms properties are most prevalent, making up 30.1% of the market. The market tends to favor larger properties, with 3 bedrooms and 4 bedrooms together representing 53.2% of all listings.
Key Insights
- Most common: 3 bedrooms (30.1%)
- Least common: 1 bedroom (9%)
- Market concentration: 53.2% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 677 properties in South Bend reveals that 8+ guests properties dominate the market, representing 49.5% of all listings. The average property accommodates 6.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 66.9% of the market.
Key Insights
- Most common capacity: 8+ guests (49.5% of market)
- Least common capacity: 1 guest (0.6% of market)
- Average guest capacity: 6.1 guests per property
- Market concentration: 66.9% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 677 properties in South Bend, the most common availability pattern is 271-366 days (51.6% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (31.8% of properties).
Key Insights
- Most common availability window: 271-366 days (51.6%)
- Most common booking duration: 31-90 days (31.8%)
- Properties with high availability (180+ days): 80.9%
- Properties with long-term bookings (180+ days): 21.0%
Minimum Stay Distributions
1 Night
141 listings
22.2% of total
2 Nights
420 listings
66.2% of total
3 Nights
16 listings
2.5% of total
4-6 Nights
9 listings
1.4% of total
7-29 Nights
13 listings
2.1% of total
30+ Nights
35 listings
5.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 88.4%
- Mid-length stays (4-6 nights) represent 1.4% of listings
- Monthly+ stays (5.5%) suggest a stable extended-stay market
- High market flexibility with 90.9% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
11 listings
1.8% of total
Super Strict 60 Days
2 listings
0.3% of total
Flexible
107 listings
18% of total
Moderate
116 listings
19.5% of total
Firm
172 listings
28.9% of total
Strict
188 listings
31.5% of total
Key Insights
- Strict is the preferred policy at 31.5% of listings
- Stricter policies (Firm & Strict) dominate at 60.4% of the market
- Strong market consensus around Strict policies
- Super Strict 60 Days policies are least common at 0.3% of listings
Recommendations
- The market supports stricter policies, with 60.4% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Nov, Oct, averaging 98 days
- Shortest booking windows are in Dec, Mar, Jan, averaging 40 days
- Fall shows the longest average booking window at 84 days, while Winter has the shortest at 43 days
Recommendations
- Implement dynamic pricing strategies for Fall bookings at least 84 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Jan when lead times are shortest
Popular Airbnb Amenities in South Bend
Below is the distribution of amenities across listings in South Bend:
Traveler Demographics
Key Insights
- Domestic travelers make up 95.4% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (0.9%) and DC (0.9%)
- English is the top language at 79.8%, followed by Spanish (14.7%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.7%
Recommendations
- Target marketing campaigns for Chicago and Indianapolis markets
- Develop localized content for Canada and DC
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding South Bend. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Fennville | 10 | $6,263 | $405.23 | 45% |
| Laketown Township | 62 | $5,780 | $469.60 | 46% |
| Saugatuck Township | 145 | $5,624 | $488.80 | 43% |
| Ganges Township | 73 | $5,026 | $496.32 | 36% |
| Port Sheldon Township | 31 | $4,997 | $526.88 | 50% |
| New Buffalo Township | 264 | $4,939 | $636.34 | 37% |
| Knox | 29 | $4,862 | $451.50 | 36% |
| South Haven Charter Township | 50 | $4,856 | $454.79 | 42% |
| Addison Township | 14 | $4,686 | $345.39 | 50% |
| Oronoko Charter Township | 27 | $4,669 | $476.56 | 42% |
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