
Cheap Homes for Rent in Munster, IN from $1,100 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Munster.


511-511 169th St

8801 Schneider Ave, Unit 29

2013 45th St, Unit 304

8841 Schneider Ave
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.

7302 Columbia Ave, Unit C

3237 S Manor Dr

10 Lawndale St, Unit 2

2049 45th St, Unit 105

2109 W 45th St
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.

8811 Schneider Ave, Unit 16

1312 Gordon Ave

8120 Kennedy Ave

2109 45th St

7137 McCook Ave
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.

18335 Sherman St
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 | $1,796 | $1,122 | $2,500 |
| Munster 3 Bedroom Homes for Rent | $2,655 | $1,700 | $4,750 |
| Munster 4 Bedroom Homes for Rent | $3,169 | $1,950 | $4,000 |
| Munster 5 Bedroom Homes for Rent | $2,125 | $1,475 | $2,700 |
| Munster 6 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Munster
Explore Munster
Munster, IN Local Guide
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Cheapest Neighborhoods for Apartments in Munster, IN
Pricing Updated: 06/21/2026Current 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 | 4 |
| Fairmeadow | $1,539 | $849 | 33 |
| West Lakes | $2,100 | $1,200 | 22 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 308 Elizabeth Street | 1 Bedroom 1 Bath Apartment with Dining | 1BR,1BA | $1,145 |
| Hampton in Highland Apartments | Radcliff | 1BR,1BA | $1,250 |
| 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 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Embassy Place Apartments | Ambassador II Deluxe / Whirlpool Tub | 2BR,2BA | $1.94 |
| 9351 Kennedy Ave, Unit Lower Unit , apt 1 | 9351 Kennedy Ave | 2BR,2BA | $1.36 |
| 8938 Hook St, Unit 2 | 8938 Hook St | 2BR,1BA | $1.47 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| 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 | $1.88 |
| Hampton in Highland Apartments | Ivanhoe | 1BR,1BA | $2.18 |
| Prairie Square Rentals | Fully Furnished - Burlwood - Second Floor Unit ... | 1BR,1BA | $3.23 |
| 308 Elizabeth Street | 1 Bedroom 1 Bath Apartment with Dining | 1BR,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 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?
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.
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 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

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.

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.

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.

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.