Cheap Apartments for Rent in Lake Village, IN from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Village.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
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409 S Maple St
2 Bedroom Apartments

409 S Maple St

409 S Maple StKouts, IN 46347
property at 12435 Ripley Pl

12435 Ripley Pl

Crown PointIN46307
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Lake Village, IN Local Guide

Cheapest Available Lake Village Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Village, IN is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Lake Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Madison Cottage of Rensselaer1x11BR,1BA$879
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Linden Park ApartmentsStudio AStudio,1BA$1,000
Broadway Crossing Apartments271BR,1BA$1,010
Hidden CreekDanube1BR,1BA$1,069
Tiberon Trails1x1B1BR,1BA$1,075
Meadowlane Apartments2BR/ 1BA2BR,1BA$1,120

Best Value Apartments for Rent in Lake Village, IN and Nearby

As of November 09, 2025 the best value apartment in the Lake Village area is the $1.04 price per square foot 1 Bedroom 1 Bath Model at Central Park in the in the Lincoln Station neighborhood starting from $1,239. The second greatest value Lake Village apartment is the 2BR/ 1BA Model at Meadowlane Apartments starting at $1,120 with a $1.08 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for Lake Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Central Park1 Bedroom 1 Bath1BR,1BA$1.04
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Sherwood Lake Apartments9702BR,1BA$1.46
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.25
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.42
Harvest Ridge Apartment Homes2X12BR,1BA$1.46
1905 Austin Ave2 Bed 1 Bath2BR,1BA$1.46
Madison Cottage of Rensselaer1x11BR,1BA$1.03
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43

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Getting Around Lake Village, IN

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Village Apartments

How much is rent for a Cheap One Bedroom Lake Village Apartment?

The lowest price for a Cheap One Bedroom Lake Village Apartment is $811 at St James Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Village is starting from $1,000 at The Ridge Apartments.

What is the most affordable Lake Village Three Bedroom Apartment?

The best deal on a cheap Lake Village Three Bedroom Apartment rental is at Madison Cottage of Rensselaer and starts from $1,215.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.