Cheap Homes for Rent in Merrillville, IN from $800 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 4340 Buchanan St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

4340 Buchanan St

GaryIN46408

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.

property at 4613 Maryland St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

3 Bedroom, 1 Bath Home for Rent

Available Now

4613 Maryland St

GaryIN46409
property at 4935 Kentucky St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 2 Bath Townhome for Rent

Available Now

4935 Kentucky St

GaryIN46409

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.

Merrillville, IN Local Guide

Cheapest Neighborhoods for Apartments in Merrillville, IN

Pricing Updated: 04/02/2026

Current apartment rentals in the Merrillville, IN area range in price from $800 to $3,000 with an overall median price of $2,387. The three Merrillville neighborhoods with the lowest median rent pricing are Chapel Manor at $975, Old Merrillville at $975, and Southmoor at $975. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Merrillville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Chapel Manor$1,897$9754
Old Merrillville$1,975$9756
Southmoor$2,000$9752
Georgia Heights$2,250$80036
Meadowdale$2,250$80028
Crescent Lake$2,600$1,6004
Independence Hill$2,600$1,6004
Turkey Creek$2,600$97512
Bon Aire$2,850$80019
Lottaville$2,850$97511

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. Tiberon Trails in the Liverpool neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $939. Here is today’s list of the most affordable Merrillville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood ApartmentsOne Bedroom1BR,1BA$930
Tiberon TrailsStudio AStudio,1BA$939
The Ridge ApartmentsFir1BR,1BA$975
Broadway Crossing Apartments271BR,1BA$1,060
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125

Best Value Apartments for Rent in Merrillville, IN

As of April 02, 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 2X1 Model at Harvest Ridge Apartment Homes starting at $1,332 with a $1.50 price per square foot . 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
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
EvergreenA21BR,1BA$1.56
Huntington Cove ApartmentsA2E1BR,1BA$1.51
Whitcomb Terrace ApartmentsDesert Classic1BR,1BA$1.75
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
The Ridge ApartmentsFir1BR,1BA$1.50

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Merrillville, IN Rentals by Map

View Map
Merrillville, IN Apartments Map
View Map
Merrillville, IN Rental Homes Map

Frequently Asked Questions about Merrillville

What type of rentals are currently available in Merrillville?

There are currently 126 Apartments for Rent in Merrillville, IN with pricing that ranges from $930 to $14,113. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Merrillville ranging from $800 to $3,450.

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 $800 to $3,450 with an average monthly rent of $1,669.

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 $1,570 to $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,067 to $3,275. 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.