Cheap Apartments for Rent in Lake County, IN from $300 (32 Rentals)

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

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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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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Lawndale Apartments
1 to 2 Bedroom Apartments

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
  • Utilities Included
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Marines Landing
2 Bedroom Apartments

Marines Landing

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

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
  • Utilities Included
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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
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Parkwood Apartments
2 Bedroom Apartments

Parkwood Apartments

1005 W 35th AveGary, IN 46408
  • Utilities Included
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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
  • Utilities Included
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Greenbriar Apartments
Studio to 2 Bedroom Apartments

Greenbriar Apartments

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

Divine Properties

816 E 38th PlGriffith, IN 46319
  • Utilities Included

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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Camelot Apartments
Studio to 1 Bedroom Apartments

Camelot Apartments

6423 Kennedy AveHammond, IN 46323
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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
  • Utilities Included

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. Al Thomas Senior High Rise in the Liverpool neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $200. 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
Al Thomas Senior High RiseTwo Bedroom2BR,1BA$200
Westbrook Apartments1BR - APT1BR,1BA$810
Morton Apartments1BR/1BA1BR,1BA$895
La Vue Lake ApartmentsStudioStudio,1BA$897
204 Lafayette Avenue1BR/1.0BA1BR,1BA$950
Birchwood ApartmentsOne Bedroom1BR,1BA$990

Best Value Apartments for Rent in Lake County, IN

As of June 03, 2026 the best value apartment in the Lake County area is the $1.31 price per square foot DTH1 Model at Brixin at Cressmoor Estates in the in the Liverpool neighborhood starting from $2,096. The second greatest value Lake County apartment is the 1212 W 148th St Model at 1212 W 148th St starting at $1,200 with a $0.86 price per square foot in the Roxana 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.
Brixin at Cressmoor EstatesDTH13BR,2.5BA$1.31
1212 W 148th St1212 W 148th St2BR,1BA$0.86
Tiberon Trails2x1K2BR,2BA$1.31
Hampshire ParkA11BR,1BA$1.27
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
509 E Commercial Ave1 Beds, 1 Baths1BR,1BA$1.28
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
Al Thomas Senior High RiseStudioStudio ,1BA$0.38

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 Al Thomas Senior High Rise listed at $200.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.