Cheap Apartments for Rent in Schererville, IN from $800 (35 Rentals)

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

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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375

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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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

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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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
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Bon Aire Apartments
Studio to 2 Bedroom Apartments

Bon Aire Apartments

2601 W 61st PlMerrillville, IN 46410
  • Utilities Included
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204 N Lafayette St
1 Bedroom Apartments

204 N Lafayette St

204 N Lafayette StGriffith, IN 46319
  • Utilities Included
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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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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.

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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 2045-2151 Meadow Ln priced from $1,075. 2100 N Main St in the Downtown Crown Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Schererville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,075
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1,161
1010 W Pine St1B 1B1BR,1BA$1,175
Sherwood Lake Apartments8501BR,1BA$1,215
Hampton in Highland ApartmentsRadcliff1BR,1BA$1,250
Hidden CreekDanube1BR,1BA$1,279
Harvest Ridge Apartment Homes2X12BR,1BA$1,332
Farmer2x1A2BR,1BA$1,429

Best Value Apartments for Rent in Schererville, IN

As of June 21, 2026 the best value apartment in the Schererville area is the $1.77 price per square foot Willowood Model at Redwood Merrillville in the in the Independence Hill neighborhood starting from $2,449. The second greatest value Schererville 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 Schererville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood MerrillvilleWillowood2BR,2BA$1.77
9351 Kennedy Ave, Unit Lower Unit , apt 19351 Kennedy Ave2BR,2BA$1.36
Farmer2x1A2BR,1BA$1.49
8938 Hook St, Unit 28938 Hook St2BR,1BA$1.47
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.59
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Harvest Grove Apartment Homes1BD-Small1BR,1BA$1.66
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.54
1010 W Pine St1B 1B1BR,1BA$1.68

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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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.

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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

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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.

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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.

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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.