Cheap Apartments for Rent in Lake County, IN from $400 (45 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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.

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3615 Grand
1 Bedroom Apartments

3615 Grand

3615 GrandEast Chicago, IN 46312
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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living
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Lancaster Apartments
1 Bedroom Apartments

Lancaster Apartments

2122 Virginia StGary, IN 46407
  • Utilities Included
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Southmoor Apartments
Studio Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
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Lawndale Apartments
1 Bedroom Apartments

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
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Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324
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Concord Commons
1 to 3 Bedroom Apartments

Concord Commons

2002 Hanley StGary, IN 46406
  • Utilities Included

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.

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Parkwood Apartments
2 Bedroom Apartments

Parkwood Apartments

1005 W 35th AveGary, IN 46408
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Greenbriar Apartments
Studio to 2 Bedroom Apartments

Greenbriar Apartments

3510 173rd StHammond, IN 46323
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Divine Properties
1 to 3 Bedroom Apartments

Divine Properties

816 E 38th PlGriffith, IN 46319
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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
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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.

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Grand Orchard
1 to 2 Bedroom Apartments

Grand Orchard

3605 Orchard DrHammond, IN 46323
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2650 164th Pl
1 Bedroom Apartments

2650 164th Pl

2650 164th PlHammond, IN 46323
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204 Lafayette Avenue
1 Bedroom Apartments

204 Lafayette Avenue

204 N Lafayette StGriffith, IN 46319
  • Utilities Included
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Crown Point
2 Bedroom Apartments

Crown Point

105 Harrington AveCrown Point, IN 46307
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Cheapest Available Lake County Apartments for Rent

 

The cheapest available apartment rental in Lake County, IN is a Studio unit found at Gary NSA V in the Outlying North Lake County IN neighborhood priced from $698. Westbrook Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gary NSA VStudioStudio,1BA$698
Westbrook Apartments1 Bedroom/ 1 Bath1BR,1BA$770
La Vue Lake ApartmentsStudioStudio,1BA$850
Morton Apartments1BR/1BA1BR,1BA$895
1131 Ridge RdRooms1BR,1BA$900
Birchwood ApartmentsOne Bedroom1BR,1BA$930
204 Lafayette Avenue1BR/1.0BA1BR,1BA$950
The Ridge ApartmentsFir1BR,1BA$975
Meadowlane Apartments1BR/ 1BA1BR,1BA$985

Best Value Apartments for Rent in Lake County, IN

As of June 17, 2025 the best value apartment in the Lake County area is the $0.75 price per square foot 922 Summer St Model at 922 Summer St, Unit 2 in the in the Roxana neighborhood starting from $1,500. The second greatest value Lake County apartment is the 1700 La Porte Ave Model at 1700 La Porte Ave, Unit 2 starting at $1,350 with a $0.84 price per square foot in the Marktown neighborhood. Here is today’s list of the best values for Lake County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
922 Summer St, Unit 2922 Summer St2BR,1BA$0.75
1700 La Porte Ave, Unit 21700 La Porte Ave2BR,1BA$0.84
441 Connecticut St, Unit #1441 Connecticut St3BR,1BA$1.01
2100 N Main St2 Bed 1 Bath2BR,1BA$1.19
303 S Main St, Unit 303 2S303 S Main St2BR,1BA$1.25
5041 Jefferson St, Unit 50415041 Jefferson St2BR,1BA$0.95
Harvest Grove Apartment Homes2BD-Deluxe2BR,2BA$1.27
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
1380 Jackson St, Unit 11380 Jackson St2BR,1BA$1.00
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15

Frequently Asked Questions about Cheap Lake County Apartments

What is a cheap apartment in Lake County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake County is under $985.

What is the price of a cheap apartment in Lake County?

The cheapest apartment in Lake County is Westbrook Apartments which is listed at $770, while the average apartment in Lake County costs $1,884.

What types of apartments are the cheapest in Lake County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Lake County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake County?

Cheap apartments in Lake County have an average cost of $131 which is $1,753 cheaper than the average rent for all rentals in Lake County.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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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.