Cheap Apartments for Rent in Merrillville, IN from $600 (9 Rentals)

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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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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
  • Utilities Included

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.

Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 02/25/2026

Current apartment rentals in the Merrillville, IN area range in price from $909 to $6,675 with an overall median price of $4,708. The three Merrillville neighborhoods with the lowest median rent pricing are Meadowdale at $909, Bon Aire at $909, and Chapel Manor at $930. 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$1,499$90920
Bon Aire$1,519$90921
Chapel Manor$2,009$93081
Old Merrillville$2,009$1,06076
Crescent Lake$6,675$1,06820
Georgia Heights$6,675$90927
Independence Hill$6,675$95040
Lottaville$6,675$90934
Southmoor$6,675$93091
Turkey Creek$6,675$90951

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 $930. The Ridge Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Merrillville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Broadway Crossing Apartments271BR,1BA$1,060

Best Value Apartments for Rent in Merrillville, IN

As of February 25, 2026 the best value apartment in the Merrillville area is the $1.64 price per square foot Capewood Model at Redwood Merrillville in the in the Independence Hill neighborhood starting from $2,649. The second greatest value Merrillville apartment is the 2BR Patio Model at Meadow Lane Apartments starting at $1,140 with a $1.10 price per square foot in the Liverpool 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.
Redwood MerrillvilleCapewood2BR,2BA$1.64
Meadow Lane Apartments2BR Patio2BR,1BA$1.10
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Tiberon Trails2x1F2BR,1BA$1.43
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
Huntington Cove ApartmentsA2E1BR,1BA$1.56
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
Broadway Crossing Apartments271BR,1BA$1.71

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

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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 $930 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 $1,020 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 $2,044.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.