Cheap Apartments for Rent in Schererville, IN from $800 (18 Rentals)

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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
property at 600 Northgate Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 2 Bath Home for Rent

Available Now

600 Northgate Dr

DyerIN46311

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.

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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
  • Utilities Included

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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204 Lafayette Avenue
1 Bedroom Apartments

204 Lafayette Avenue

204 N Lafayette StGriffith, IN 46319
  • Utilities Included
  • Smoke Free
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
  • Utilities Included

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.

Schererville, IN Local Guide

Cheapest Available Schererville Apartments for Rent

 

The cheapest available apartment rental in Schererville, IN is a 1 Bed unit found at 204 Lafayette Avenue in the Meadows neighborhood priced from $950. 2045-2151 Meadow Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here is today’s list of the most affordable Schererville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
204 Lafayette Avenue1BR/1.0BA1BR,1BA$950
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,075
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
1010 W Pine St1B 1B1BR,1BA$1,175
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1,202

Best Value Apartments for Rent in Schererville, IN

As of May 06, 2026 the best value apartment in the Schererville area is the $1.74 price per square foot Willowood Model at Redwood Merrillville in the in the Independence Hill neighborhood starting from $2,399. The second greatest value Schererville apartment is the 9351 Kennedy Ave Model at 9351 Kennedy Ave, Unit #1 starting at $1,700 with a $1.55 price per square foot in the Fairmeadow neighborhood. Here is today’s list of the best values for Schererville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood MerrillvilleWillowood2BR,2BA$1.74
9351 Kennedy Ave, Unit #19351 Kennedy Ave2BR,2BA$1.55
Hidden CreekBavarian2BR,1BA$1.48
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1.47
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
Hampton in Highland ApartmentsNottingham1BR,1BA$1.75
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.54
1010 W Pine St1B 1B1BR,1BA$1.68
204 Lafayette Avenue1BR/1.0BA1BR,1BA$1.46

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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

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Frequently Asked Questions about Cheap Schererville Apartments

How much is rent for a Cheap One Bedroom Schererville Apartment?

The lowest price for a Cheap One Bedroom Schererville Apartment is $1,075 at 2045-2151 Meadow Ln.

What is the lowest price for a Cheap Two Bedroom Schererville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Schererville is starting from $1,275 at 2045-2151 Meadow Ln.

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 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.

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.