
Cheap Apartments for Rent in Lake Station, IN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Station.


La Vue Lake Apartments
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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.

3801 Tennessee St

4270 Adams St

130 E 13th Ave

825 Delaware St

5587 Tulip Ct
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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.

4393 Kentucky St
Lake Station, IN Local Guide

How much does it cost to rent an apartment in Lake Station?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Station Studio Apartments | $824 | $798 | $850 |
Lake Station 1 Bedroom Apartments | $1,100 | $835 | $1,315 |
Lake Station 2 Bedroom Apartments | $1,285 | $901 | $1,660 |
Lake Station 3 Bedroom Apartments | $1,608 | $1,500 | $1,725 |
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Lake Station, IN Local Guide
- Lake Station Neighborhoods
- Nearby Cities
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Cheapest Available Lake Station Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Station, IN is a Studio unit found at La Vue Lake Apartments in the Outlying North Lake County IN neighborhood priced from $850. Haven Hobart in the Liverpool neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Lake Station apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
La Vue Lake Apartments | Studio | Studio,1BA | $850 |
Haven Hobart | B1p - Renovated | 2BR,1BA | $1,200 |
Hampshire Park | B3 | 2BR,1BA | $1,325 |
Duneland Village Apartments | 3 Bedroom Townhouse | 3BR,1BA | $1,500 |
Best Value Apartments for Rent in Lake Station, IN and Nearby
As of July 24, 2025 the best value apartment in the Lake Station area is the $1.12 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,565. The second greatest value Lake Station apartment is the 3 Bedroom Townhouse Model at Duneland Village Apartments starting at $1,500 with a $1.22 price per square foot in the Outlying North Lake County IN neighborhood. Here is today’s list of the best values for Lake Station apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hampshire Park | C1p - Renovated | 2BR,2BA | $1.12 |
Duneland Village Apartments | 3 Bedroom Townhouse | 3BR,1.5BA | $1.22 |
Haven Hobart | B1p - Renovated | 2BR,1BA | $1.28 |
2218 Gina St, Unit C | 2218 Gina St | 2BR,1BA | $1.46 |
505 E 3rd St, Unit 3 | 505 E 3rd St | 1BR,1BA | $1.50 |
La Vue Lake Apartments | Studio | Studio ,1BA | $1.84 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Lake Station, IN
Walk Score®
46 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Station Apartments
How much is rent for a Cheap One Bedroom Lake Station Apartment?
The lowest price for a Cheap One Bedroom Lake Station Apartment is $1,050 at La Vue Lake Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Station Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Station is starting from $1,225 at Haven Hobart.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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.