Cheap Homes for Rent in Liverpool Neighborhood of Lake Station, IN from $700 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Liverpool area of Lake Station.

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 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

Liverpool, Lake Station, IN Local Guide

Cheapest Available Liverpool Apartments for Rent

 

The cheapest available apartment rental in the Liverpool area of Chicago, IN is a 2 Beds unit found at Al Thomas Senior High Rise priced from $200. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here are the most affordable Liverpool apartments for rent in Chicago, IN:

Apartment ListingModel NameBed/BathPriced From
Al Thomas Senior High RiseTwo Bedroom2BR,1BA$200
Birchwood ApartmentsOne Bedroom1BR,1BA$990
The Ridge ApartmentsRedwood2BR,1BA$1,075
Haven HobartA1p - Renovated1BR,1BA$1,160
Hampshire ParkB22BR,1BA$1,240

Best Value Apartments for Rent in Liverpool, IN

As of June 09, 2026 the best value apartment in the Liverpool 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 Liverpool apartment is the B2 Model at Hampshire Park starting at $1,240 with a $1.05 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for Liverpool apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brixin at Cressmoor EstatesDTH13BR,2.5BA$1.31
Hampshire ParkB22BR,1BA$1.05
Tiberon Trails2x1K2BR,2BA$1.31
1052 Tyler St1052 Tyler St4BR,1BA$1.35
The Ridge ApartmentsPoplar2BR,2BA$1.41
Haven HobartA1p - Renovated1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.52
Al Thomas Senior High RiseStudioStudio ,1BA$0.38

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Liverpool, Lake Station, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Liverpool

What type of rentals are currently available in Liverpool?

There are currently 78 Apartments for Rent in Liverpool, IN with pricing that ranges from $200 to $2,615. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Liverpool ranging from $795 to $2,200.

What is the current price range for Rental Homes in Liverpool?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Liverpool ranges from $795 to $2,200 with an average monthly rent of $1,473.

How much are larger Three and Four Bedroom Rentals in Liverpool?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Liverpool range from $1,300 to $2,615, while Three Bedroom Homes, Condos, and Townhomes for rent range from $999 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,350.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.