Cheap Apartments for Rent in the Marktown Neighborhood of East Chicago, IN from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Marktown area of East Chicago.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Marktown, East Chicago, IN Local Guide

How much does it cost to rent an apartment in Marktown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Marktown Studio Apartments | $1,248 | $1,200 | $1,334 |
Marktown 1 Bedroom Apartments | $1,568 | $800 | $1,911 |
Marktown 2 Bedroom Apartments | $1,817 | $895 | $2,475 |
Marktown 3 Bedroom Apartments | $1,200 | $1,050 | $1,350 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Marktown Neighborhood of East Chicago, IN.
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Marktown, East Chicago, IN Local Guide
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Cheapest Available Marktown Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Banc Hammond | Units 311-911 | Studio,1BA | $1,200 |
The Illiana | The Marina | 2BR,2BA | $1,895 |
Best Value Apartments for Rent in Marktown, IN
As of June 02, 2025 the best value apartment in the Marktown area is the $2.11 price per square foot The Marina Model at The Illiana in the in the Marktown neighborhood starting from $1,895. The second greatest value Marktown apartment is the Tier 03 - Junior One Bedroom Model at The Banc Hammond starting at $1,560 with a $3.02 price per square foot in the Bernice neighborhood. Here is today’s list of the best values for Marktown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Illiana | The Marina | 2BR,2BA | $2.11 |
The Banc Hammond | Tier 03 - Junior One Bedroom | 1BR,1BA | $3.02 |
Quick 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.
Pet Friendly LifestyleMarktown, East Chicago, IN
Ranked #1
Among neighborhoods in East Chicago, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Marktown Apartments
What is the Cheapest Studio apartment in Marktown?
Currently the most affordable Cheap Studio Apartment in Marktown is at The Banc Hammond listed at $1,200.
How much is rent for a Cheap One Bedroom Marktown Apartment?
The lowest price for a Cheap One Bedroom Marktown Apartment is $1,329 at The Banc Hammond.
What is the lowest price for a Cheap Two Bedroom Marktown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Marktown is starting from $1,895 at The Illiana.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.