Cheap Apartments for Rent in Munster, IN from $500 (31 Rentals)

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1131 Ridge Rd
1 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
  • Utilities Included
property at 600 Northgate Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 2 Bath Home for Rent

Available Now

600 Northgate Dr

DyerIN46311

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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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Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included

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.

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Lawndale Apartments
1 to 2 Bedroom Apartments

Lawndale Apartments

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

Saxony Town Homes

1349 175th StHammond, IN 46324
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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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3020 178th St
2 to 3 Bedroom Apartments

3020 178th St

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

308 Elizabeth St

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
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Lansing Crossing, LLC
1 to 2 Bedroom Apartments

Lansing Crossing, LLC

18745 W Salem CtLansing, IL 60438
  • Utilities Included

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.

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2229 169th St
2 Bedroom Apartments

2229 169th St

2229 169th StHammond, IN 46323

Munster, IN Local Guide

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 04/13/2026

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$1,349$8494
Fairmeadow$1,609$84927
West Lakes$1,950$1,20025

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 ListingModel NameBed/BathPriced From
308 Elizabeth St1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,145
TanglewoodPhase II, Floorplan C, 1 Bedroom, 1 Bath1BR,1BA$1,179
Hampton in Highland ApartmentsRadcliff1BR,1BA$1,336
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1,350
Bernice HomesTwo Bedroom home2BR,1BA$1,350
Barberry Apartments2 Bed2BR,1BA$1,450
Prairie Square RentalsApplewood 3rd Floor Vaulted Ceiling1BR,1BA$1,620
Embassy Place ApartmentsBarrister II2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Embassy Place ApartmentsAmbassador II Plus Deluxe2BR,2BA$2.07
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
TanglewoodPhase II, Floorplan A, 2 Bedroom, 1 Bath2BR,1BA$1.64
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Barberry Apartments2 Bed2BR,1BA$1.88
Hampton in Highland ApartmentsRadcliff1BR,1BA$1.75
308 Elizabeth St1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.76
Prairie Square RentalsApplewood 3rd Floor Vaulted Ceiling1BR,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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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

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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

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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.

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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.

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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.