Cheap Homes for Rent in Merrillville, IN from $800 (19 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.

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.

Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 12/20/2025

Current apartment rentals in the Merrillville, IN area range in price from $919 to $13,417 with an overall median price of $8,226. The three Merrillville neighborhoods with the lowest median rent pricing are Meadowdale at $919, Chapel Manor at $930, and Old Merrillville at $1,010. 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$1,495$91924
Chapel Manor$1,963$93061
Old Merrillville$1,963$1,01057
Bon Aire$2,197$91924
Georgia Heights$7,558$91928
Crescent Lake$13,417$1,0799
Independence Hill$13,417$1,25028
Lottaville$13,417$91930
Southmoor$13,417$93065
Turkey Creek$13,417$91945

Cheapest Available Merrillville Apartments for Rent

 

The cheapest available apartment rental in Merrillville, IN is a Studio unit found at Tiberon Trails in the Liverpool neighborhood priced from $919. Birchwood Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here is today’s list of the most affordable Merrillville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tiberon TrailsStudio CStudio,1BA$919
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Broadway Crossing Apartments71BR,1BA$1,020
Hidden CreekDanube1BR,1BA$1,079

Best Value Apartments for Rent in Merrillville, IN

As of December 20, 2025 the best value apartment in the Merrillville area is the $1.60 price per square foot Capewood Model at Redwood Merrillville in the in the Independence Hill neighborhood starting from $2,599. The second greatest value Merrillville apartment is the 2BR/ 1BA Model at Meadowlane Apartments starting at $1,120 with a $1.08 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$1.60
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1.40
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
4420 W Ridge Rd, Unit Trailer4420 W Ridge Rd2BR,1BA$1.12
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1.60
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
Hidden CreekDanube1BR,1BA$1.66

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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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 128 Apartments for Rent in Merrillville, IN with pricing that ranges from $889 to $13,417. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merrillville ranging from $850 to $5,900.

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 $850 to $5,900 with an average monthly rent of $1,828.

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 $1,495 to $3,149, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,900. Four Bedroom Single-Family rentals are also available starting from $1,300 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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.