
Cheap Apartments for Rent in Munster, IN from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Munster.


1131 Ridge Rd

600 Northgate Dr

American Heartland Homes

8 Waltham St, Unit 1R, Unit 1R

1014 Kenwood St

Tanglewood
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.

2109 Porte Deleau Ct, Unit 204, Unit 204

Barberry Apartments

219 Fernwood St

Hampton in Highland Apartments

Boulevard North Townhomes

Bernice Homes

Southmoor Apartments
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.

Lawndale Apartments

Virginia Apartments

Saxony Town Homes

Lansing South Apartments

133 N Lindberg St

Golden Manor

Riverwood Apartment Homes
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.

3020 178th St

308 Elizabeth St

McLaughlin Apartments

10029 Kennedy Ave

331 157th St

4334 Hickory Ave

Lansing Crossing, LLC
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.

2229 169th St

511-511 169th St

6133 Marshall Ave
Munster, IN Local Guide

How much does it cost to rent an apartment in Munster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Munster 1 Bedroom Apartments | $1,394 | $849 | $1,711 |
| Cheap Munster 2 Bedroom Apartments | $1,762 | $1,020 | $2,500 |
| Cheap Munster 3 Bedroom Apartments | $1,210 | $883 | $1,800 |
Browse Top Apartments in Munster
See all Apartments in MunsterExplore Munster
Munster, IN Local Guide
- Munster Neighborhoods
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Cheapest Neighborhoods for Apartments in Munster, IN
Pricing Updated: 04/13/2026Current apartment rentals in the Munster, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Munster Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hollywood | $1,349 | $849 | 4 |
| Fairmeadow | $1,609 | $849 | 27 |
| West Lakes | $1,950 | $1,200 | 25 |
Cheapest Available Munster Apartments for Rent
 The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at 308 Elizabeth St in the Bernice neighborhood priced from $1,145. Tanglewood in the Roxana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,179. Here is today’s list of the most affordable Munster apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 308 Elizabeth St | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1,145 |
| Tanglewood | Phase II, Floorplan C, 1 Bedroom, 1 Bath | 1BR,1BA | $1,179 |
| Hampton in Highland Apartments | Radcliff | 1BR,1BA | $1,336 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1,350 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1,350 |
| Barberry Apartments | 2 Bed | 2BR,1BA | $1,450 |
| Prairie Square Rentals | Applewood 3rd Floor Vaulted Ceiling | 1BR,1BA | $1,620 |
| Embassy Place Apartments | Barrister II | 2BR,2BA | $2,220 |
Best Value Apartments for Rent in Munster, IN
As of April 13, 2026 the best value apartment in the Munster area is the $2.07 price per square foot Ambassador II Plus Deluxe Model at Embassy Place Apartments in the in the Fairmeadow neighborhood starting from $2,500. The second greatest value Munster apartment is the 2BD/1BA Model at Hollywood Manor Townhomes starting at $1,350 with a $1.56 price per square foot in the Bernice neighborhood. Here is today’s list of the best values for Munster apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Embassy Place Apartments | Ambassador II Plus Deluxe | 2BR,2BA | $2.07 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| Tanglewood | Phase II, Floorplan A, 2 Bedroom, 1 Bath | 2BR,1BA | $1.64 |
| 8 Waltham St, Unit 1R | 8 Waltham St | 1BR,1BA | $1.15 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
| Barberry Apartments | 2 Bed | 2BR,1BA | $1.88 |
| Hampton in Highland Apartments | Radcliff | 1BR,1BA | $1.75 |
| 308 Elizabeth St | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1.76 |
| Prairie Square Rentals | Applewood 3rd Floor Vaulted Ceiling | 1BR,1BA | $2.74 |
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 ArticleDon'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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Best Local Schools in Munster, IN
Frank High Hammond Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Munster, IN Rentals by Map
See the most popular apartments and homes in Munster, IN
Frequently Asked Questions about Cheap Munster Apartments
How much is rent for a Cheap One Bedroom Munster Apartment?
The lowest price for a Cheap One Bedroom Munster Apartment is $1,145 at 308 Elizabeth St.
What is the lowest price for a Cheap Two Bedroom Munster Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Munster is starting from $1,350 at Hollywood Manor Townhomes.
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

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.

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.

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.

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.