Cheap Apartments for Rent in Merrillville, IN from $600 (41 Rentals)

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Birchwood Apartments
$990 - $1,120
Total Monthly Price

Total Monthly Price

Base Rent
$990 - $1,120
Total Monthly Price
$990 - $1,120
1 to 2 Bedroom Apartments Available Now

Birchwood Apartments

5790 Grant StMerrillville, IN 46410
Affordability
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  • Utilities Included

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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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
  • Utilities Included

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Marines Landing
2 Bedroom Apartments

Marines Landing

5155 Georgia StGary, IN 46409
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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

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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Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 05/26/2026

Current apartment rentals in the Merrillville, IN area range in price from $975 to $14,154 with an overall median price of $9,314. The three Merrillville neighborhoods with the lowest median rent pricing are Bon Aire at $975, Meadowdale at $975, and Chapel Manor at $990. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Merrillville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bon Aire$1,569$97510
Meadowdale$1,569$97510
Chapel Manor$2,539$99050
Old Merrillville$2,539$1,07047
Crescent Lake$14,154$1,16110
Georgia Heights$14,154$97519
Independence Hill$14,154$1,19919
Lottaville$14,154$97521
Southmoor$14,154$99061
Turkey Creek$14,154$97527

Cheapest Available Merrillville Apartments for Rent

 

The cheapest available apartment rental in Merrillville, IN is a Studio unit found at Tiberon Trails in the Liverpool neighborhood priced from $989. Birchwood Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Merrillville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tiberon TrailsStudio CStudio,1BA$989
Birchwood ApartmentsOne Bedroom1BR,1BA$990
The Ridge ApartmentsRedwood2BR,1BA$1,075
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1,161
Fountain View Apartments1BR / 1BA1BR,1BA$1,250
EvergreenA11BR,1BA$1,280
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1,319
Brickshire ApartmentsThe Oxford 1 BR 1 BA1BR,1BA$1,324
Vita on GrantA1BR,1BA$1,325

Best Value Apartments for Rent in Merrillville, IN

As of May 26, 2026 the best value apartment in the Merrillville area is the $1.44 price per square foot 3950 W 76th Ln Model at 3950 W 76th Ln, Unit Apt. B in the in the Turkey Creek neighborhood starting from $1,500. The second greatest value Merrillville apartment is the Hartford Open Model at Whitcomb Terrace Apartments starting at $1,320 with a $1.47 price per square foot in the Turkey Creek neighborhood. Here is today’s list of the best values for Merrillville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3950 W 76th Ln, Unit Apt. B3950 W 76th Ln3BR,1BA$1.44
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.47
The Ridge ApartmentsPoplar2BR,2BA$1.41
Hidden CreekFlaxon Partial2BR,1BA$1.57
Huntington Cove ApartmentsA2E1BR,1BA$1.58
Brickshire ApartmentsThe Oxford 1 BR 1 BA1BR,1BA$1.65
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1.66
Birchwood ApartmentsOne Bedroom1BR,1BA$1.52

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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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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Frequently Asked Questions about Cheap Merrillville Apartments

What is the Cheapest Studio apartment in Merrillville?

Currently the most affordable Cheap Studio Apartment in Merrillville is at Tiberon Trails listed at $989.

How much is rent for a Cheap One Bedroom Merrillville Apartment?

The lowest price for a Cheap One Bedroom Merrillville Apartment is $990 at Birchwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Merrillville is starting from $1,075 at The Ridge Apartments.

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.

Articles, How-To's, and Tips

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.