Cheap Homes for Rent in Lake County, IN from $700 (48 Rentals)

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

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.

property at 2429 Adams St

2429 Adams St

GaryIN46407

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 4717 Willow Dr

4717 Willow Dr

Lake StationIN46405

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. Kirby Manor in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $747. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gary NSA VStudioStudio,1BA$698
Kirby ManorOne Bedroom1BR,1BA$747
Westbrook Apartments1 Bedroom/ 1 Bath1BR,1BA$770
La Vue Lake ApartmentsStudioStudio,1BA$850
Morton Apartments1BR/1BA1BR,1BA$895
Birchwood ApartmentsOne Bedroom1BR,1BA$930
204 Lafayette Avenue1BR/1.0BA1BR,1BA$950
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$975

Best Value Apartments for Rent in Lake County, IN

As of June 02, 2025 the best value apartment in the Lake County area is the $0.56 price per square foot 922 Summer St Model at 922 Summer St, Unit 2 in the in the Roxana neighborhood starting from $1,500. The second greatest value Lake County apartment is the 441 Connecticut St Model at 441 Connecticut St, Unit #1 starting at $1,300 with a $1.01 price per square foot in the Outlying North Lake County IN 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.
922 Summer St, Unit 2922 Summer St2BR,1BA$0.56
441 Connecticut St, Unit #1441 Connecticut St3BR,1BA$1.01
5041 Jefferson St, Unit 50415041 Jefferson St2BR,1BA$0.95
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
325 N Nichols St, Unit 327325 N Nichols St2BR,1.5BA$0.95
1380 Jackson St, Unit 11380 Jackson St2BR,1BA$1.00
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
1654 Bluebird Dr, Unit A1654 Bluebird Dr2BR,1BA$1.27
Morton Apartments1BR/1BA1BR,1BA$1.28
Kirby ManorOne Bedroom1BR,1BA$1.08

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 $745 to $4,264. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $700 to $3,995.

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 $3,995 with an average monthly rent of $1,626.

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 $1,050 to $3,838, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,150.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.