Cheap Apartments for Rent in Lake County, IN from $400 (50 Rentals)

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

property at 461 Hayes St

$747 - $800

1 Bedroom Rentals

Available Now

461 Hayes St

GaryIN46404
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6519 Harrison Ave
$875 - $925
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $925

Total Monthly Price
$875 - $925
1 Bedroom Apartment Available Aug 1

6519 Harrison Ave

6519 Harrison AveHammond, IN 46324
Cost Per Sq.Ft.
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Rent According to Income: A Look at Income-Restricted Rentals

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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.

property at 5035 Tod Ave

$950 - $1,000

2 Bedroom Rentals

Available Now

5035 Tod Ave

East ChicagoIN46312
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3615 Grand
1 Bedroom Apartments

3615 Grand

3615 GrandEast Chicago, IN 46312
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Lancaster Apartments
1 to 4 Bedroom Apartments

Lancaster Apartments

2122 Virginia StGary, IN 46407
  • Utilities Included
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Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included
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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living
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Lawndale Apartments
1 to 2 Bedroom Apartments

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
  • Utilities Included

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.

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Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324
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Marines Landing
2 Bedroom Apartments

Marines Landing

5155 Georgia StGary, IN 46409
  • Utilities Included
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
  • Utilities Included
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Concord Commons
1 to 3 Bedroom Apartments

Concord Commons

2002 Hanley StGary, IN 46406
  • Utilities Included
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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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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
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Divine Properties
1 to 3 Bedroom Apartments

Divine Properties

816 E 38th PlGriffith, IN 46319
  • Utilities Included
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Camelot Apartments
Studio to 1 Bedroom Apartments

Camelot Apartments

6423 Kennedy AveHammond, IN 46323

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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1131 Ridge Rd
1 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
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204 N Lafayette St
1 Bedroom Apartments

204 N Lafayette St

204 N Lafayette StGriffith, IN 46319
  • Utilities Included
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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.

Cheapest Available Lake County Apartments for Rent

 

The cheapest available apartment rental in Lake County, IN is a 4 Beds unit found at Gary NSA V in the Outlying North Lake County IN neighborhood priced from $200. Westbrook Apartments in the Outlying North Lake County IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gary NSA V4 Bedroom4BR,1BA$200
Westbrook Apartments1BR - APT1BR,1BA$810
Morton Apartments1BR/1BA1BR,1BA$895
La Vue Lake ApartmentsStudioStudio,1BA$897
509 E Commercial Ave1 Beds, 1 Baths1BR,1BA$925
The Ridge1Bed 1 Bath 650 - Fir1BR,1BA$950
Birchwood ApartmentsOne Bedroom1BR,1BA$990

Best Value Apartments for Rent in Lake County, IN

As of July 19, 2026 the best value apartment in the Lake County area is the $1.23 price per square foot B3p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,670. The second greatest value Lake County apartment is the 157 N West St Model at 157 N West St, Unit 1 starting at $1,450 with a $1.32 price per square foot in the Downtown Crown Point 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.
Hampshire ParkB3p - Renovated2BR,1BA$1.23
157 N West St, Unit 1157 N West St2BR,1BA$1.32
Meadow Lane Apartments2BR2BR,1BA$1.14
1052 Tyler St1052 Tyler St4BR,1BA$1.35
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
4021 Main St, Unit Unit24021 Main St2BR,1BA$1.06
Douglas Pointe Apartments2x12BR,1BA$1.37
837 W 27th Ave, Unit B837 W 27th Ave1BR,1BA$1.23
Morton Apartments1BR/1BA1BR,1BA$1.28
Gary NSA V1 Bedroom1BR,1BA$0.29

Frequently Asked Questions about Cheap Lake County Apartments

What is the Cheapest Studio apartment in Lake County?

Currently the most affordable Cheap Studio Apartment in Lake County is at La Vue Lake Apartments listed at $897.

How much is rent for a Cheap One Bedroom Lake County Apartment?

The lowest price for a Cheap One Bedroom Lake County Apartment is $200 at Gary NSA V.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake County is starting from $200 at Gary NSA V.

What is the most affordable Lake County Three Bedroom Apartment?

The best deal on a cheap Lake County Three Bedroom Apartment rental is at Gary NSA V and starts from $200.

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.