Cheap Apartments for Rent in Merrillville, IN from $850 (27 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Marines Landing
2 Bedroom Apartments

Marines Landing

5155 Georgia StGary, IN 46409
  • Utilities Included
property at 3964-74 Washington St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

1 Bedroom, 1 Bath Condo for Rent

Available Now

3964-74 Washington St, Unit 2f

3964-74 Washington St
GaryIN46408

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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Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 08/26/2026

Current apartment rentals in the Merrillville, IN area range in price from $795 to $3,500 with an overall median price of $1,552. The three Merrillville neighborhoods with the lowest median rent pricing are Meadowdale at $1,278, Bon Aire at $1,350, and Georgia Heights at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Merrillville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Meadowdale$1,278$79523
Bon Aire$1,350$90013
Georgia Heights$1,350$79534
Lottaville$1,747$1,3756
Crescent Lake$1,895$1,3753
Turkey Creek$2,100$1,3757
Chapel Manor$2,147$1,4506
Old Merrillville$2,147$1,4504
Southmoor$2,250$2,1002
Independence Hill$2,350$1,3753

Cheapest Available Merrillville Apartments for Rent

 

The cheapest available apartment rental in Merrillville, IN is a 1 Bed unit found at Birchwood Apartments in the Liverpool neighborhood priced from $990. 2100 N Main St in the Downtown Crown Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Merrillville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood ApartmentsOne Bedroom1BR,1BA$990
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1,163
Meadow Lane Apartments2BR2BR,1BA$1,180
EvergreenA11BR,1BA$1,260
The Ridge2 Bed 1 Bath 800 - Chestnut2BR,1BA$1,300
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1,309
Maple Leaf Apartments2.2C2BR,2BA$1,330
Harvest Ridge Apartment Homes2X12BR,1BA$1,332
Vita on GrantA1BR,1BA$1,335

Best Value Apartments for Rent in Merrillville, IN

As of August 26, 2026 the best value apartment in the Merrillville area is the $1.27 price per square foot 8137 Pine Island Ter Model at 8137 Pine Island Ter, Unit 3 Bedroom Apt in the in the Crescent Lake neighborhood starting from $1,400. The second greatest value Merrillville apartment is the 157 N West St Model at 157 N West St, Unit 1 starting at $1,425 with a $1.30 price per square foot in the Downtown Crown Point 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.
8137 Pine Island Ter, Unit 3 Bedroom Apt8137 Pine Island Ter3BR,2BA$1.27
157 N West St, Unit 1157 N West St2BR,1BA$1.30
Meadow Lane Apartments2BR2BR,1BA$1.14
Maple Leaf Apartments2.2C2BR,2BA$1.33
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1.45
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Tiberon Trails2x1E2BR,1BA$1.58
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.37
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
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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Best Local Schools in
Merrillville, IN

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Merrillville Apartments

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 $1,080 at Birchwood Apartments.

What is the most affordable Merrillville Three Bedroom Apartment?

The best deal on a cheap Merrillville Three Bedroom Apartment rental is at Brickshire Apartments and starts from $2,134.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.