Cheap Homes for Rent in Merrillville, IN from $800 (25 Rentals)

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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.

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.

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.

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.

property at 4047 Harrison St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

4047 Harrison St

GaryIN46408

Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 02/16/2026

Current apartment rentals in the Merrillville, IN area range in price from $899 to $13,657 with an overall median price of $8,949. The three Merrillville neighborhoods with the lowest median rent pricing are Meadowdale at $899, Bon Aire at $899, 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$1,479$89920
Bon Aire$1,989$89920
Chapel Manor$2,044$93064
Old Merrillville$2,044$1,06060
Crescent Lake$13,657$1,06816
Georgia Heights$13,657$89927
Independence Hill$13,657$95034
Lottaville$13,657$89932
Southmoor$13,657$93073
Turkey Creek$13,657$89948

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
Tiberon Trails1x1B1BR,1BA$1,089
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125

Best Value Apartments for Rent in Merrillville, IN

As of February 16, 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
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
Whitcomb Terrace ApartmentsDesert Classic1BR,1BA$1.62
Huntington Cove ApartmentsA11BR,1BA$1.72
Tiberon Trails1x1B1BR,1BA$1.66
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
The Ridge ApartmentsFir1BR,1BA$1.50

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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

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Frequently Asked Questions about Merrillville

What type of rentals are currently available in Merrillville?

There are currently 130 Apartments for Rent in Merrillville, IN with pricing that ranges from $899 to $13,875. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merrillville ranging from $895 to $4,900.

What is the current price range for Rental Homes in Merrillville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Merrillville ranges from $895 to $4,900 with an average monthly rent of $1,759.

How much are larger Three and Four Bedroom Rentals in Merrillville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Merrillville range from $1,479 to $3,101, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,900. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $10,000.

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.