
Cheap Homes for Rent in Dyer, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Dyer.


511-511 169th St

2013 45th St, Unit 304
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.

8841 Schneider Ave

3237 S Manor Dr

2049 45th St, Unit 105
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2367 W Bell St
Dyer, IN Local Guide

How much does it cost to rent a home in Dyer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dyer 2 Bedroom Homes for Rent | $1,661 | $1,122 | $2,500 |
| Dyer 3 Bedroom Homes for Rent | $2,255 | $1,550 | $3,200 |
| Dyer 4 Bedroom Homes for Rent | $2,962 | $1,550 | $4,000 |
| Dyer 5 Bedroom Homes for Rent | $2,450 | $2,200 | $2,700 |
Browse Top Homes for Rent in Dyer
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Dyer, IN Local Guide
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Cheapest Available Dyer Apartments for Rent and Nearby
 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| Morton Apartments | 1BR/1BA | 1BR,1BA | $895 |
| Linden Park Apartments | Studio A | Studio,1BA | $1,050 |
Best Value Apartments for Rent in Dyer, IN and Nearby
As of June 21, 2026 the best value apartment in the Dyer area is the $1.49 price per square foot 2x1A Model at Farmer in the in the Fairmeadow neighborhood starting from $1,429. The second greatest value Dyer apartment is the 2 BED 1 BATH Model at ST JAMES SENIOR APARTMENTS starting at $1,159 with a $1.25 price per square foot in the University Park neighborhood. Here is today’s list of the best values for Dyer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Farmer | 2x1A | 2BR,1BA | $1.49 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.50 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| Thornwood Apartments | 2x1 853 | 2BR,1BA | $1.38 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.59 |
| Douglas Pointe Apartments | 2x1 | 2BR,1BA | $1.37 |
| Harvest Grove Apartment Homes | 1BD-Small | 1BR,1BA | $1.66 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1.54 |
| Morton Apartments | 1BR/1BA | 1BR,1BA | $1.28 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Dyer
What type of rentals are currently available in Dyer?
There are currently 57 Apartments for Rent in Dyer, IN with pricing that ranges from $553 to $2,749. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dyer ranging from $797 to $4,000.
What is the current price range for Rental Homes in Dyer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Dyer ranges from $797 to $4,000 with an average monthly rent of $1,945.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.