Cheap Homes for Rent in Lake County, IN from $700 (91 Rentals)

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

property at 1500 W Fred St

$995 - $1,000

1 To 2 Bedroom Rentals

Available Now

1500 W Fred St

WhitingIN46394

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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property at 3822 Melville Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

3822 Melville Ave

East ChicagoIN46312
property at 630 E 8th Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

630 E 8th Ave

GaryIN46402

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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property at 4340 Buchanan St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

4340 Buchanan St

GaryIN46408

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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property at 521 King St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

521 King St

GaryIN46406

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.

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property at 3802 Catalpa St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Home for Rent

Available Now

3802 Catalpa St

East ChicagoIN46312

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

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
509 E Commercial Ave1 Beds, 1 Baths1BR,1BA$925
Kennedy Crossing ApartmentsThe PrarieStudio,1BA$949
Birchwood ApartmentsOne Bedroom1BR,1BA$990
Crown Point1 Beds, 1 Baths1BR,1BA$995

Best Value Apartments for Rent in Lake County, IN

As of June 24, 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
9351 Kennedy Ave, Unit Lower Unit , apt 19351 Kennedy Ave2BR,2BA$1.36
Tiberon Trails2x2C2BR,2BA$1.42
The Ridge ApartmentsPoplar2BR,2BA$1.41
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Douglas Pointe Apartments2x12BR,1BA$1.37
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 Lake County

What type of rentals are currently available in Lake County?

There are currently 517 Apartments for Rent in Lake County, IN with pricing that ranges from $200 to $3,408. There are also 190 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $797 to $4,750.

What is the current price range for Rental Homes in Lake County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake County ranges from $797 to $4,750 with an average monthly rent of $1,733.

How much are larger Three and Four Bedroom Rentals in Lake County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake County range from $883 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,580.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.