Cheap Homes for Rent near Merrillville, IN from $700 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in Merrillville.

property at 3964-74 Washington St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Condo for Rent

Available Now

3964-74 Washington St, Unit 2f

3964-74 Washington St
GaryIN46408

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.

property at 3661 Connecticut St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

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.

Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 08/20/2026

Current apartment rentals in the Merrillville, IN area range in price from $990 to $3,368 with an overall median price of $1,570. The three Merrillville neighborhoods with the lowest median rent pricing are Independence Hill at $1,200, Bon Aire at $1,305, and Georgia Heights at $1,305. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Merrillville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Independence Hill$1,200$1,2001
Bon Aire$1,305$9906
Georgia Heights$1,305$99012
Lottaville$1,305$9909
Meadowdale$1,305$9906
Turkey Creek$1,305$99010
Crescent Lake$1,489$99039
Chapel Manor$1,706$99037
Southmoor$1,706$99037
Old Merrillville$1,715$1,06034

Cheapest Available Merrillville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Merrillville, IN is a 1 Bed unit found at Birchwood Apartments in the Liverpool neighborhood priced from $990. 2100 N Main St in the Downtown Crown Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Merrillville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood ApartmentsOne Bedroom1BR,1BA$990
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1,163
Meadow Lane Apartments2BR2BR,1BA$1,180
The Ridge2 Bed 1 Bath 800 - Chestnut2BR,1BA$1,280

Best Value Apartments for Rent in Merrillville, IN and Nearby

As of August 20, 2026 the best value apartment in the Merrillville area is the $1.32 price per square foot 157 N West St Model at 157 N West St, Unit 1 in the in the Downtown Crown Point neighborhood starting from $1,450. The second greatest value Merrillville apartment is the 2x1J Model at Tiberon Trails starting at $1,429 with a $1.38 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.
157 N West St, Unit 1157 N West St2BR,1BA$1.32
Tiberon Trails2x1J2BR,1BA$1.38
Meadow Lane Apartments2BR2BR,1BA$1.14
Maple Leaf Apartments2.1A2BR,1BA$1.29
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Hidden CreekFlaxon Partial2BR,1BA$1.62
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.37
The Ridge2 Bed 1 Bath 800 - Chestnut2BR,1BA$1.60
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.52

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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Real 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.

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Frequently Asked Questions about Merrillville

What type of rentals are currently available in Merrillville?

There are currently 132 Apartments for Rent in Merrillville, IN with pricing that ranges from $990 to $3,368. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merrillville ranging from $795 to $4,500.

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 $795 to $4,500 with an average monthly rent of $1,767.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.