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

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

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1131 Ridge Rd
1 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
  • Utilities Included
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Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living
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Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included

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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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

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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308 Elizabeth Street
Studio to 1 Bedroom Apartments

308 Elizabeth Street

308 Elizabeth StCalumet City, IL 60409

Munster, IN Local Guide

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 10/13/2025

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$1,349$8496
Fairmeadow$1,549$84925
West Lakes$2,100$90017

Cheapest Available Munster Apartments for Rent

 

The cheapest available apartment rental in Munster, IN is a Studio unit found at 308 Elizabeth Street in the Bernice neighborhood priced from $895. Barberry Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Munster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
308 Elizabeth StreetStudio ApartmentStudio,1BA$895
Barberry Apartments1 Bed1BR,1BA$1,200
Hampton in Highland ApartmentsRadcliff1BR,1BA$1,216

Best Value Apartments for Rent in Munster, IN

As of October 13, 2025 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 2838 Ridge Rd Model at 2838 Ridge Rd, Unit 2 starting at $1,600 with a $1.78 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.
Boulevard North TownhomesA2BR,1BA$1.38
2838 Ridge Rd, Unit 22838 Ridge Rd2BR,1BA$1.78
TanglewoodPhase I, Floorplan D, 2 Bedroom, 1 Bath2BR,1BA$1.60
Prairie Square RentalsCherrywood 2nd Floor2BR,2BA$2.16
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Hampton in Highland ApartmentsNottingham1BR,1BA$1.68
Barberry Apartments1 Bed1BR,1BA$1.85
308 Elizabeth StreetStudio ApartmentStudio ,1BA$2.48

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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 $1,216 at Hampton in Highland Apartments.

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 $1,349 at Boulevard North Townhomes.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.