
Cheap Homes for Rent in the Crescent Lake Neighborhood of Merrillville, IN from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Crescent Lake area of 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.

7322 Noble St
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.
Crescent Lake, Merrillville, IN Local Guide

How much does it cost to rent a home in Crescent Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Crescent Lake 2 Bedroom Homes for Rent | $1,375 | $1,375 | $1,375 |
| Crescent Lake 3 Bedroom Homes for Rent | $1,925 | $1,925 | $1,925 |
| Crescent Lake 4 Bedroom Homes for Rent | $2,300 | $2,100 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Crescent Lake Neighborhood of Merrillville, IN.
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Crescent Lake, Merrillville, IN Local Guide
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Best Value Apartments for Rent in Crescent Lake, IN
As of August 05, 2026 the best value apartment in the Crescent Lake area is the $1.37 price per square foot 1BD-Deluxe Model at Harvest Grove Apartment Homes in the in the Crescent Lake neighborhood starting from $1,163. The second greatest value Crescent Lake apartment is the Desert Classic Model at Whitcomb Terrace Apartments starting at $1,375 with a $1.75 price per square foot in the Turkey Creek neighborhood. Here is today’s list of the best values for Crescent Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR,1BA | $1.37 |
| Whitcomb Terrace Apartments | Desert Classic | 1BR,1BA | $1.75 |
| Hidden Creek | Danube | 1BR,1BA | $1.94 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleCrescent Lake, Merrillville, IN
Ranked #5
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Crescent Lake
What type of rentals are currently available in Crescent Lake?
There are currently 43 Apartments for Rent in Crescent Lake, IN with pricing that ranges from $1,150 to $1,862. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crescent Lake ranging from $1,100 to $2,600.
What is the current price range for Rental Homes in Crescent Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Crescent Lake ranges from $1,100 to $2,600 with an average monthly rent of $1,883.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.