Cheap Homes for Rent in Lake County, IN from $700 (76 Rentals)

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

property at 5716 Calumet Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

5 Bedroom, 1 Bath Condo for Rent

Available Now

5716 Calumet Ave, Unit 4, Unit 4

5716 Calumet Ave
HammondIN46320

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 1500 W Fred St

$995 - $1,000

2 Bedroom Rentals

Available Now

1500 W Fred St

WhitingIN46394

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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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 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

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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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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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
204 Lafayette Avenue1BR/1.0BA1BR,1BA$950
The Ridge ApartmentsFir1BR,1BA$975

Best Value Apartments for Rent in Lake County, IN

As of May 09, 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 2x1K Model at Tiberon Trails starting at $1,349 with a $1.29 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.
Brixin at Cressmoor EstatesDTH13BR,2.5BA$1.31
Tiberon Trails2x1K2BR,2BA$1.29
Hampshire ParkA11BR,1BA$1.27
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
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
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 524 Apartments for Rent in Lake County, IN with pricing that ranges from $200 to $770,810. There are also 181 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $700 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 $700 to $4,750 with an average monthly rent of $1,651.

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 $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,200 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 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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.