
Cheap Homes for Rent near Munster, IN from $1,100 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Munster.


8841 Schneider Ave

544 Cherry St

1335 Logan St

3 Waltham St, Unit Upper

5634 Claude Ave

132 S Elgin Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2013 45th St, Unit 304

7302 Columbia Ave, Unit C

115 157th St

10 Lawndale St, Unit 2

6607 Jackson Ave

2049 45th St, Unit 105

1344 Michigan St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Munster, IN Local Guide

How much does it cost to rent a home in Munster?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Munster 2 Bedroom Homes for Rent | $1,742 | $1,195 | $2,350 |
| Munster 3 Bedroom Homes for Rent | $2,860 | $1,450 | $6,700 |
| Munster 4 Bedroom Homes for Rent | $2,658 | $2,595 | $2,780 |
| Munster 5 Bedroom Homes for Rent | $2,700 | $1,800 | $3,600 |
Browse Top Homes for Rent in Munster
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Munster, IN Local Guide
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Cheapest Neighborhoods for Apartments in Munster, IN
Pricing Updated: 08/08/2026Current apartment rentals in the Munster, IN area range in price from $849 to $2,510 with an overall median price of $1,474. Here is today’s list neighborhoods with the lowest median pricing for Munster Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hollywood | $1,085 | $849 | 4 |
| Fairmeadow | $1,475 | $849 | 26 |
| West Lakes | $1,577 | $1,200 | 15 |
Cheapest Available Munster Apartments for Rent and Nearby
 The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at Tanglewood in the Roxana neighborhood priced from $1,309. Hollywood Manor Townhomes 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tanglewood | Phase II, D, 1 Bedroom, 1 Bath | 1BR,1BA | $1,309 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1,350 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1,350 |
| Barberry Apartments | 2 Bed | 2BR,1BA | $1,450 |
| Hampton in Highland Apartments | Cambridge | 2BR,1BA | $1,475 |
Best Value Apartments for Rent in Munster, IN and Nearby
As of August 08, 2026 the best value apartment in the Munster area is the $1.47 price per square foot 8938 Hook St Model at 8938 Hook St, Unit 2 in the in the Fairmeadow neighborhood starting from $1,400. The second greatest value Munster apartment is the Cambridge Model at Hampton in Highland Apartments starting at $1,475 with a $1.58 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. |
|---|---|---|---|
| 8938 Hook St, Unit 2 | 8938 Hook St | 2BR,1BA | $1.47 |
| Hampton in Highland Apartments | Cambridge | 2BR,1BA | $1.58 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| Prairie Square Rentals | Cherrywood 3rd Floor Vault | 2BR,2BA | $2.23 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
| Barberry Apartments | 2 Bed | 2BR,1BA | $1.88 |
| Tanglewood | Phase II, D, 1 Bedroom, 1 Bath | 1BR,1BA | $2.05 |
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 ArticleReal 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Munster, IN
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 Munster
What type of rentals are currently available in Munster?
There are currently 135 Apartments for Rent in Munster, IN with pricing that ranges from $849 to $2,510. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Munster ranging from $1,100 to $6,700.
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 $6,700 with an average monthly rent of $2,258.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.