
Cheap Apartments for Rent in Munster, IN from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in Munster.


American Heartland Homes

Total Monthly Price
25 Carroll St, Unit 3

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
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.
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 | $1,288 | $849 | $1,873 |
| Cheap Munster 2 Bedroom Apartments | $1,732 | $1,020 | $2,500 |
| Cheap Munster 3 Bedroom Apartments | $1,375 | $883 | $2,050 |
Browse Top Apartments in Munster
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Munster, IN Local Guide
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Cheapest Neighborhoods for Apartments in Munster, IN
Pricing Updated: 02/27/2026Current 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 | $1,350 | $849 | 5 |
| Fairmeadow | $1,795 | $849 | 28 |
| West Lakes | $2,050 | $1,000 | 24 |
Cheapest Available Munster Apartments for Rent
 The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at Barberry Apartments in the Fairmeadow neighborhood priced from $1,200. Hampton in Highland Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,236. Here is today’s list of the most affordable Munster apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Barberry Apartments | 1 Bed | 1BR,1BA | $1,200 |
| Hampton in Highland Apartments | Radcliff | 1BR,1BA | $1,236 |
| Tanglewood | Phase II, Floorplan B, 2 Bedroom, 2 Bath | 2BR,2BA | $1,299 |
Best Value Apartments for Rent in Munster, IN
As of February 27, 2026 the best value apartment in the Munster area is the $1.38 price per square foot A Model at Boulevard North Townhomes in the in the Roxana neighborhood starting from $1,349. The second greatest value Munster apartment is the Cambridge Model at Hampton in Highland Apartments starting at $1,675 with a $1.79 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Boulevard North Townhomes | A | 2BR,1BA | $1.38 |
| Hampton in Highland Apartments | Cambridge | 2BR,1BA | $1.79 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| Prairie Square Rentals | Cherrywood 3rd Floor Vault | 2BR,2BA | $2.23 |
| 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 | $1.95 |
| Tanglewood | Phase II, Floorplan D, 1 Bedroom, 1 Bath | 1BR,1BA | $1.89 |
| 25 Carroll St, Unit 3 | 25 Carroll St | 1BR,1BA | $2.25 |
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.
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
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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
What is the price of a cheap apartment in Munster?
The cheapest apartment in Munster is Tanglewood which is listed at $1,209, while the average apartment in Munster costs $1,731.
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 2 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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.