Updated 5+ Days Ago
Highlights
- Off-street parking
- Modern convenience
- No smoking
Location
123 S Michigan St, Lakeville, IN 46536, USA
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Property Overview
123 S. Michigan St. offers outstanding value with top-tier price, amenities, and location scores, making it a strong option for renters seeking modern convenience and a high standard of living. Off-street parking, a no-smoking policy, and proximity to highly rated schools contribute to its appeal, while the detailed and transparent listing inspires added confidence in the property and its management.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Less expensive
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $1,000 /mo | 1 unit available | Experience the unique charm of downtown living in the heart of historic Lakeville! This spacious apartment is located in a classic 1907 building with a rich history, blending vintage appeal with modern convenience. You'll find local favorites just a short walk away, including the Lakeville Brew Crew right across the street and SchoolHouse Diner for a delicious breakfast. Additionally, you're only minutes from Newton Park and the soon-to-be-developed resort at Potato Creek State Park. With easy access to U.S. 31, you're a quick drive from South Bend and Mishawaka. Please note that the tenant is responsible for electricity and a $75 monthly water utility fee. Off-street parking is available. The owner will provide a stove and refrigerator. No pets or smoking are permitted. A minimum 12-month lease is required. TO QUALIFY: Minimum income: must be 3x the rent Credit Score of 570+ No evictions within the last 36 months. Background check required. |
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Amenities for 123 S. Michigan St.
Apartment Amenities
| Gas | Water |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 123 S. Michigan St.
Experience the unique charm of downtown living in the heart of historic Lakeville! This spacious apartment is located in a classic 1907 building with a rich history, blending vintage appeal with modern convenience. You'll find local favorites just a short walk away, including the Lakeville Brew Crew right across the street and SchoolHouse Diner for a delicious breakfast. Additionally, you're only minutes from Newton Park and the soon-to-be-developed resort at Potato Creek State Park. With easy access to U.S. 31, you're a quick drive from South Bend and Mishawaka. Please note that the tenant is responsible for electricity and a $75 monthly water utility fee. Off-street parking is available. The owner will provide a stove and refrigerator. No pets or smoking are permitted. A minimum 12-month lease is required. TO QUALIFY: Minimum income: must be 3x the rent Credit Score of 570+ No evictions within the last 36 months. Background check required.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 123 S. Michigan St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 123 S. Michigan St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
123 S. Michigan St. offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
123 S. Michigan St. goes above and beyond to provide sought-after conveniences and desirable perks, including gas. Renters looking for popular or luxurious features will find them here—and for that reason, 123 S. Michigan St. receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
123 S. Michigan St. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 123 S. Michigan St. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 123 S. Michigan St. compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 4 miles away
- High school nearby
- There is a high school 0.2 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Lakeville
2-bedroom apartments at 123 S. Michigan St. cost about 10% less than the average rent price for 2-bedroom apartments in Lakeville.
Median rents as of Aug 15 2026.
Lakeville
| Month | Median Rent |
|---|---|
| October 2025 | $1,205 |
| November 2025 | $1,205 |
| May 2026 | $1,200 |
| June 2026 | $1,195 |
| July 2026 | $1,126 |
| August 2026 | $1,105 |
Affordability calculator
Can I afford to live at 123 S Michigan St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
Schools near 123 S. Michigan St.
LaVille Elementary School
12645 tyler rd
lakeville, IN, 46536
K-6Public
C+
South Bend Virtual School
740 north eddy st
south bend, IN, 46617
K-12Public
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Internet available near 123 S. Michigan St.
Neighborhood
Getting around Lakeville near 123 S Michigan St
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 123 S Michigan St, Lakeville
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
4/10
Some bars within a few minutes’ walk
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