Cheap Homes for Rent in Munster, IN from $1,100 (16 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.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2013 45th St

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Jul 1

2013 45th St, Unit 304

2013 45th St
HighlandIN46322

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 7302 Columbia Ave

$1,449

Total Monthly Price

Total Monthly Price

Base Rent
$1,449

Total Monthly Price
$1,449

2 Bedroom, 1 Bath Townhome for Rent

Available Now

7302 Columbia Ave, Unit C

7302 Columbia Ave
HammondIN46324
property at 10 Lawndale St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

5 Bedroom, 2 Bath Condo for Rent

Available Now

10 Lawndale St, Unit 2

10 Lawndale St
HammondIN46324
property at 2049 45th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Jul 1

2049 45th St, Unit 105

2049 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 7137 McCook Ave

$1,685

Total Monthly Price

Total Monthly Price

Base Rent
$1,685

Total Monthly Price
$1,685

2 Bedroom, 1 Bath Home for Rent

Available Now

7137 McCook Ave

HammondIN46323

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.

Munster, IN Local Guide

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 06/21/2026

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$8494
Fairmeadow$1,539$84933
West Lakes$2,100$1,20022

Cheapest Available Munster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at 308 Elizabeth Street in the Bernice neighborhood priced from $1,145. Hampton in Highland Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Munster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
308 Elizabeth Street1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1,145
Hampton in Highland ApartmentsRadcliff1BR,1BA$1,250
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1,350
Bernice HomesTwo Bedroom home2BR,1BA$1,350
Barberry Apartments2 Bed2BR,1BA$1,450

Best Value Apartments for Rent in Munster, IN and Nearby

As of June 21, 2026 the best value apartment in the Munster area is the $1.94 price per square foot Ambassador II Deluxe / Whirlpool Tub Model at Embassy Place Apartments in the in the Fairmeadow neighborhood starting from $2,520. The second greatest value Munster apartment is the 9351 Kennedy Ave Model at 9351 Kennedy Ave, Unit Lower Unit , apt 1 starting at $1,500 with a $1.36 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 ApartmentsAmbassador II Deluxe / Whirlpool Tub2BR,2BA$1.94
9351 Kennedy Ave, Unit Lower Unit , apt 19351 Kennedy Ave2BR,2BA$1.36
8938 Hook St, Unit 28938 Hook St2BR,1BA$1.47
Hollywood Manor Townhomes2BD/1BA2BR,1BA$1.56
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 ApartmentsIvanhoe1BR,1BA$2.18
Prairie Square RentalsFully Furnished - Burlwood - Second Floor Unit ...1BR,1BA$3.23
308 Elizabeth Street1 Bedroom 1 Bath Apartment with Dining1BR,1BA$1.76

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 Munster

What type of rentals are currently available in Munster?

There are currently 138 Apartments for Rent in Munster, IN with pricing that ranges from $849 to $2,520. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Munster ranging from $1,100 to $4,750.

What is the current price range for Rental Homes in Munster?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Munster ranges from $1,100 to $4,750 with an average monthly rent of $2,293.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.