Cheap Apartments for Rent in Munster, IN from $500 (9 Rentals)

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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living

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.

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Southmoor Apartments
Studio Apartments

Southmoor Apartments

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

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
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Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
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Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324

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.

Munster, IN Local Guide

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 06/14/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Hollywood$1,600$90021
Fairmeadow$1,700$79534
West Lakes$1,700$90031

Cheapest Available Munster Apartments for Rent

 

The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at 1131 Ridge Rd in the Bernice neighborhood priced from $900. 308 Elizabeth Street in the Bernice neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Munster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1131 Ridge RdRooms1BR,1BA$900
308 Elizabeth Street1 Bedroom 1 Bathroom Apartment1BR,1BA$1,100
10029 Kennedy Ave1B 1B1BR,1BA$1,175

Best Value Apartments for Rent in Munster, IN

As of June 14, 2025 the best value apartment in the Munster area is the $1.93 price per square foot Ambassador II w/ LVP Model at Embassy Place at White Oak Estate in the in the Fairmeadow neighborhood starting from $2,330. The second greatest value Munster apartment is the 3BR/1.0BA Model at 2435 Ridgewood St starting at $1,595 with a $1.45 price per square foot in the Fairmeadow 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.
Embassy Place at White Oak EstateAmbassador II w/ LVP2BR,2BA$1.93
2435 Ridgewood St3BR/1.0BA3BR,1BA$1.45
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
TanglewoodPhase I, Floorplan C, 2 Bedroom, 1 Bath2BR,1BA$1.84
Bernice HomesTwo Bedroom home2BR,1BA$1.69
10029 Kennedy Ave1B 1B1BR,1BA$1.68
1131 Ridge RdRooms1BR,1BA$1.29
Hampton in Highland ApartmentsIvanhoe1BR,1BA$2.13
308 Elizabeth Street1 Bedroom 1 Bathroom Apartment1BR,1BA$1.69
36 Warren St, Unit East36 Warren St1BR,1BA$2.46

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

Explore Munster, IN Rentals by Map

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Getting Around Munster, IN

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

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 $900 at 1131 Ridge Rd.

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 Bernice Homes.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.