
Cheap Homes for Rent in Crescent Lake Neighborhood of Merrillville, IN from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Crescent Lake area of Merrillville.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

3119 W 83rd Ln
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2939 Freedom Cir
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 3 Bedroom Homes for Rent | $2,025 | $1,650 | $2,400 |
Crescent Lake 4 Bedroom Homes for Rent | $2,500 | $2,300 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Crescent Lake Neighborhood of Merrillville, IN.
Explore Merrillville
Crescent Lake, Merrillville, IN Local Guide
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Best Value Apartments for Rent in Crescent Lake, IN
As of May 17, 2025 the best value apartment in the Crescent Lake area is the $1.93 price per square foot Ashwood Model at Prairie Point Apartments in the in the Chapel Manor neighborhood starting from $1,456. The second greatest value Crescent Lake apartment is the A Model at Vita Luxury Apartments On Grant starting at $1,295 with a $1.73 price per square foot in the Chapel Manor 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. |
---|---|---|---|
Prairie Point Apartments | Ashwood | 1BR,1BA | $1.93 |
Vita Luxury Apartments On Grant | A | 1BR,1BA | $1.73 |
Evergreen Luxury Apartments | A1 | 1BR,1BA | $1.80 |
Hidden Creek | Danube Partial | 1BR,1BA | $1.81 |
Quick 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.
Frequently Asked Questions about Crescent Lake
What type of rentals are currently available in Crescent Lake?
There are currently 48 Apartments for Rent in Crescent Lake, IN with pricing that ranges from $1,179 to $4,113. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crescent Lake ranging from $1,650 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 $1,650 to $2,600 with an average monthly rent of $2,262.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.