Cheap Apartments for Rent in Dyer, IN from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Dyer.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1131 Ridge Rd
1 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
  • Utilities Included
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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
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Lansing Crossing, LLC
1 to 2 Bedroom Apartments

Lansing Crossing, LLC

18745 W Salem CtLansing, IL 60438
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375
Showing Results 1-29, Page 1 of 1

Dyer, IN Local Guide

Cheapest Available Dyer Apartments for Rent

 

The cheapest available apartment rental in Dyer, IN is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. Morton Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Dyer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
Morton Apartments1BR/1BA1BR,1BA$895
Kennedy Crossing ApartmentsThe PrarieStudio,1BA$999
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,100
Linden Park ApartmentsStudio BStudio,1BA$1,110
Crestview Apartments HomesD-1BR1BR,1BA$1,138
Park West1 Bedroom, 1 Bath (704 sqft.)1BR,1BA$1,139
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1,161
Douglas Pointe Apartments2x12BR,1BA$1,164

Best Value Apartments for Rent in Dyer, IN

As of July 28, 2026 the best value apartment in the Dyer area is the $1.67 price per square foot Haydenwood Model at Redwood Merrillville in the in the Independence Hill neighborhood starting from $2,238. The second greatest value Dyer apartment is the 2x1B Model at Farmer starting at $1,459 with a $1.46 price per square foot in the Fairmeadow neighborhood. Here is today’s list of the best values for Dyer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood MerrillvilleHaydenwood2BR,2BA$1.67
Farmer2x1B2BR,1BA$1.46
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.62
Douglas Pointe Apartments2x12BR,1BA$1.37
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1.66
Morton Apartments1BR/1BA1BR,1BA$1.28
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.57

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Dyer, IN Rentals by Map

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See the most popular apartments and homes in Dyer, IN

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Frequently Asked Questions about Cheap Dyer Apartments

What is the Cheapest Studio apartment in Dyer?

Currently the most affordable Cheap Studio Apartment in Dyer is at Crest Apartments listed at $800.

How much is rent for a Cheap One Bedroom Dyer Apartment?

The lowest price for a Cheap One Bedroom Dyer Apartment is $895 at Morton Apartments.

What is the lowest price for a Cheap Two Bedroom Dyer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Dyer is starting from $995 at Morton Apartments.

What is the most affordable Dyer Three Bedroom Apartment?

The best deal on a cheap Dyer Three Bedroom Apartment rental is at Kennedy Crossing Apartments and starts from $1,549.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.