Cheap Homes for Rent in Lake County, IN from $700 (114 Rentals)

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

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 825 Delaware St

825 Delaware St

GaryIN46402

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 6909 W 131st Ave

6909 W 131st Ave

Cedar LakeIN46303

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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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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property at 12435 Ripley Pl

12435 Ripley Pl

Crown PointIN46307

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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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. La Vue Lake Apartments in the Outlying North Lake County IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $818. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gary NSA VStudioStudio,1BA$698
La Vue Lake ApartmentsStudioStudio,1BA$818
Westbrook Apartments2BR-FLT2BR,1BA$865
Morton Apartments1BR/1BA1BR,1BA$895
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Broadway Crossing Apartments271BR,1BA$1,010
Haven HobartA1p - Renovated1BR,1BA$1,040

Best Value Apartments for Rent in Lake County, IN

As of November 09, 2025 the best value apartment in the Lake County area is the $1.11 price per square foot 10087 Raven Wood Dr Model at 10087 Raven Wood Dr, Unit 10087 in the starting from $4,000. The second greatest value Lake County apartment is the DTH1 Model at Brixin Townhomes at Cressmoor Estates starting at $2,095 with a $1.31 price per square foot in the Liverpool 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.
10087 Raven Wood Dr, Unit 1008710087 Raven Wood DrStudio ,0.5BA$1.11
Brixin Townhomes at Cressmoor EstatesDTH13BR,2.5BA$1.31
7654 Whitcomb St, Unit D7654 Whitcomb St2BR,1.5BA$1.13
157 N West St, Unit 1157 N West St2BR,1BA$1.26
821 Becker St, Unit Becker Garden Unit821 Becker St2BR,1BA$1.32
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Kirby ManorTwo Bedroom2BR,1BA$1.25
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Morton Apartments1BR/1BA1BR,1BA$1.28

Frequently Asked Questions about Lake County

What type of rentals are currently available in Lake County?

There are currently 534 Apartments for Rent in Lake County, IN with pricing that ranges from $760 to $8,314. There are also 206 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $700 to $6,750.

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 $700 to $6,750 with an average monthly rent of $1,770.

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 $3,980, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,370.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.