Cheap Apartments for Rent in Munster, IN from $849 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Munster.

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1131 Ridge Rd
2 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
  • Utilities Included
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8 Waltham St, Unit 2F
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
2 Bedroom Apartment Available Sep 1

8 Waltham St, Unit 2F

8 Waltham StHammond, IN 46320
Cost Per Sq.Ft.
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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.

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property at 2013 45th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Now

2013 45th St, Unit 304

2013 45th St
HighlandIN46322
property at 2049 45th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Now

2049 45th St, Unit 105

2049 45th St
HighlandIN46322
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Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included
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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living
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Lawndale Apartments
1 to 2 Bedroom Apartments

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
  • Utilities Included
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Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324

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.

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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
  • Utilities Included
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3020 178th St
2 to 3 Bedroom Apartments

3020 178th St

3020 178th StLansing, IL 60438
  • Utilities Included
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308 Elizabeth Street
Studio to 1 Bedroom Apartments

308 Elizabeth Street

308 Elizabeth StCalumet City, IL 60409
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McLaughlin Apartments
1 to 2 Bedroom Apartments

McLaughlin Apartments

1550 169th StHammond, IN 46324
  • Utilities Included
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lansing Crossing, LLC
1 to 2 Bedroom Apartments

Lansing Crossing, LLC

18745 W Salem CtLansing, IL 60438
  • Utilities Included
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2229 169th St
2 Bedroom Apartments

2229 169th St

2229 169th StHammond, IN 46323

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.

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property at 10 Lawndale St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

2 Bedroom, 2 Bath Condo for Rent

Available Now

10 Lawndale St, Unit 2

10 Lawndale St
HammondIN46324
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Munster, IN Local Guide

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 08/29/2026

Current apartment rentals in the Munster, IN area range in price from $849 to $2,510 with an overall median price of $1,447. Here is today’s list neighborhoods with the lowest median pricing for Munster Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hollywood$1,349$8495
Fairmeadow$1,432$84923
West Lakes$1,512$1,20013

Cheapest Available Munster Apartments for Rent

 

The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at Tanglewood in the Outlying North Lake County IN neighborhood priced from $1,239. Hampton in Highland Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here is today’s list of the most affordable Munster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
TanglewoodPhase II, D, 1 Bedroom, 1 Bath1BR,1BA$1,239
Hampton in Highland ApartmentsRadcliff1BR,1BA$1,260
Bernice HomesTwo Bedroom home2BR,1BA$1,350
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1,350
Barberry Apartments2 Bed2BR,1BA$1,450

Best Value Apartments for Rent in Munster, IN

As of August 29, 2026 the best value apartment in the Munster area is the $1.67 price per square foot Stratford Model at Hampton in Highland Apartments in the in the Fairmeadow neighborhood starting from $1,580. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hampton in Highland ApartmentsStratford2BR,1BA$1.67
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
TanglewoodPhase I, D, 2 Bedroom, 1 Bath2BR,1BA$1.76
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Barberry Apartments2 Bed2BR,1BA$1.88

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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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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Munster, IN

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Munster Apartments

What types of apartments are the cheapest in Munster?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Munster that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.