Cheap Apartments for Rent in Munster, IN from $500 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1131 Ridge Rd
1 Bedroom Apartments

1131 Ridge Rd

1131 Ridge RdMunster, IN 46321
Furnished
  • Utilities Included
property at 8750 Harrison Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

8750 Harrison Ave, Unit 213

8750 Harrison Ave
MunsterIN46321
property at 10047 Kennedy Ave

$1,010

Total Monthly Price

Total Monthly Price

Base Rent
$1,010

Total Monthly Price
$1,010

1 Bedroom, 1 Bath Condo for Rent

Available Now

10047 Kennedy Ave, Unit 2a

10047 Kennedy Ave
HighlandIN46322
close
View Me
18329 West St, Unit 3W
$1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100
1 Bedroom Apartment Available Now

18329 West St, Unit 3W

18329 West StLansing, IL 60438
  • Smoke Free

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.

property at 2013 45th St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom, 1 Bath Condo for Rent

Available Jul 1

2013 45th St, Unit 304

2013 45th St
HighlandIN46322
property at 2033 45th St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 2 Bath Condo for Rent

Available Jun 1

2033 45th St, Unit 105

2033 45th St
HighlandIN46322

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.

property at 2023 45th St

$1,460

Total Monthly Price

Total Monthly Price

Base Rent
$1,460

Total Monthly Price
$1,460

2 Bedroom, 1 Bath Condo for Rent

Available Now

2023 45th St, Unit 102

2023 45th St
HighlandIN46322
close
View Me
Southmoor Apartments
Studio to 1 Bedroom Apartments

Southmoor Apartments

5946 Hohman AveHammond, IN 46320
  • Utilities Included
close
View Me
Lawndale Apartments
1 to 2 Bedroom Apartments

Lawndale Apartments

6930 Hohman AveHammond, IN 46324
  • Utilities Included
close
View Me
Virginia Apartments
1 to 2 Bedroom Apartments

Virginia Apartments

6905-6915 Magoun AveHammond, IN 46324
  • Utilities Included
close
View Me
Saxony Town Homes
2 to 4 Bedroom Apartments

Saxony Town Homes

1349 175th StHammond, IN 46324
close
View Me
Golden Manor
1 Bedroom Apartments

Golden Manor

1201 175th StHammond, IN 46324
Senior Living

Cash 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.

close
View Me
3020 178th St
2 to 3 Bedroom Apartments

3020 178th St

3020 178th StLansing, IL 60438
  • Utilities Included
close
View Me
McLaughlin Apartments
1 to 2 Bedroom Apartments

McLaughlin Apartments

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

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
  • Utilities Included
close
View Me
Lansing Crossing, LLC
1 to 2 Bedroom Apartments

Lansing Crossing, LLC

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

2229 169th St

2229 169th StHammond, IN 46323

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

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 05/30/2026

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$1,350$8495
Fairmeadow$1,547$84934
West Lakes$1,800$1,10029

Cheapest Available Munster Apartments for Rent

 

The cheapest available apartment rental in Munster, IN is a 2 Beds unit found at Hollywood Manor Townhomes in the Bernice neighborhood priced from $1,350. Bernice Homes in the Bernice neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,350. Here is today’s list of the most affordable Munster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1,350
Bernice HomesTwo Bedroom home2BR,1BA$1,350
Hampton in Highland ApartmentsNottingham1BR,1BA$1,374
Barberry Apartments2 Bed2BR,1BA$1,450
Prairie Square RentalsFully Furnished - Applewood - Second Floor With...1BR,1BA$2,000
Embassy Place ApartmentsBarrister II2BR,2BA$2,135

Best Value Apartments for Rent in Munster, IN

As of May 30, 2026 the best value apartment in the Munster area is the $1.39 price per square foot 23 Mason St Model at 23 Mason St, Unit Hammond in the in the Bernice neighborhood starting from $1,950. The second greatest value Munster apartment is the Ambassador II Plus Model at Embassy Place Apartments starting at $2,450 with a $2.02 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.
23 Mason St, Unit Hammond23 Mason St3BR,1BA$1.39
Embassy Place ApartmentsAmbassador II Plus2BR,2BA$2.02
9351 Kennedy Ave, Unit Lower Unit , apt 19351 Kennedy Ave2BR,2BA$1.45
Boulevard North TownhomesA2BR,1BA$1.38
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Hampton in Highland ApartmentsNottingham1BR,1BA$1.75
Barberry Apartments2 Bed2BR,1BA$1.88
18329 West St, Unit 3W18329 West St1BR,1BA$1.71

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 Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Munster, IN Rentals by Map

View Map
Munster, IN Apartments Map
View Map
Munster, IN Rental Homes Map

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 $1,374 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.

What is the most affordable Munster Three Bedroom Apartment?

The best deal on a cheap Munster Three Bedroom Apartment rental is at Bernice Homes and starts from $1,600.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.