Cheap Apartments for Rent in the Old Merrillville Neighborhood of Merrillville, IN from $1,000 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Merrillville area of Merrillville.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Old Merrillville, Merrillville, IN Local Guide

Cheapest Available Old Merrillville Apartments for Rent

 

The cheapest available apartment rental in the Old Merrillville area of Merrillville, IN is a 1 Bed unit found at Broadway Crossing Apartments priced from $1,060. 2100 N Main St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Old Merrillville apartments for rent in Merrillville, IN:

Apartment ListingModel NameBed/BathPriced From
Broadway Crossing Apartments271BR,1BA$1,060
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Huntington Cove ApartmentsA21BR,1BA$1,203

Best Value Apartments for Rent in Old Merrillville, IN

As of May 08, 2026 the best value apartment in the Old Merrillville area is the $1.73 price per square foot Birchwood 2nd Floor Model at Prairie Point Apartments in the in the Downtown Crown Point neighborhood starting from $1,813. The second greatest value Old Merrillville apartment is the The Wakefield 2 BR 1 BA Model at Brickshire Apartments starting at $1,662 with a $1.91 price per square foot in the Downtown Crown Point neighborhood. Here is today’s list of the best values for Old Merrillville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Prairie Point ApartmentsBirchwood 2nd Floor1BR,1BA$1.73
Brickshire ApartmentsThe Wakefield 2 BR 1 BA2BR,1BA$1.91
Broadway Crossing Apartments272BR,1BA$1.87
Mallard Bay ApartmentsThe Drake 1 BR 1 BA1BR,1BA$1.92
Fountain View Apartments1BR / 1BA1BR,1BA$1.67
Vita on GrantA1BR,1BA$1.77
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Huntington Cove ApartmentsA21BR,1BA$1.66
EvergreenA11BR,1BA$1.80

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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Quick Rent Budget Calculator

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Old Merrillville, Merrillville, and the greater Merrillville area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Old Merrillville Apartments

How much is rent for a Cheap One Bedroom Old Merrillville Apartment?

The lowest price for a Cheap One Bedroom Old Merrillville Apartment is $1,060 at Broadway Crossing Apartments.

What is the lowest price for a Cheap Two Bedroom Old Merrillville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Merrillville is starting from $1,350 at Fountain View Apartments.

What is the most affordable Old Merrillville Three Bedroom Apartment?

The best deal on a cheap Old Merrillville Three Bedroom Apartment rental is at Brickshire Apartments and starts from $2,072.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.