Cheap Homes for Rent in Liverpool Neighborhood of Lake Station, IN from $700 (18 Rentals)

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

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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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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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 1 Bed unit found at Westbrook Apartments priced from $770. Birchwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Liverpool apartments for rent in Chicago, IN:

Apartment ListingModel NameBed/BathPriced From
Westbrook Apartments1 Bedroom/ 1 Bath1BR,1BA$770
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Meadowlane Apartments1BR/ 1BA1BR,1BA$985
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Liverpool, IN

As of June 18, 2025 the best value apartment in the Liverpool area is the $1.28 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,790. The second greatest value Liverpool apartment is the 5041 Jefferson St Model at 5041 Jefferson St, Unit 5041 starting at $1,100 with a $0.95 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.
Hampshire ParkC1p - Renovated2BR,2BA$1.28
5041 Jefferson St, Unit 50415041 Jefferson St2BR,1BA$0.95
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
1380 Jackson St, Unit 11380 Jackson St2BR,1BA$1.00
Duneland Village Apartments2 Bedroom Townhouse2BR,1.5BA$1.42
Haven HobartB1p - Renovated2BR,1BA$1.38
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$1.38
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
Westbrook Apartments2 Bedroom/ 1 Bathroom Flat2BR,1BA$1.73

Quick Rent Budget Calculator

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Frequently Asked Questions about Liverpool

What type of rentals are currently available in Liverpool?

There are currently 79 Apartments for Rent in Liverpool, IN with pricing that ranges from $770 to $1,810. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Liverpool ranging from $700 to $2,400.

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 $700 to $2,400 with an average monthly rent of $1,127.

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 $1,140 to $1,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,600.

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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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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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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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.