Cheap Homes for Rent in Schererville, IN from $700 (10 Rentals)

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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.

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 and Nearby

 

The cheapest available apartment rental in Schererville, IN is a 1 Bed unit found at 2100 N Main St in the Downtown Crown Point neighborhood priced from $1,125. 1010 W Pine St in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Schererville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
1010 W Pine St1B 1B1BR,1BA$1,175
Sherwood Lake Apartments8501BR,1BA$1,215

Best Value Apartments for Rent in Schererville, IN and Nearby

As of November 03, 2025 the best value apartment in the Schererville area is the $1.11 price per square foot 10087 Raven Wood Dr Model at 10087 Raven Wood Dr, Unit 10087 in the starting from $4,000. The second greatest value Schererville apartment is the Willowood Model at Redwood Merrillville starting at $2,349 with a $1.70 price per square foot in the Independence Hill 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.
10087 Raven Wood Dr, Unit 1008710087 Raven Wood DrStudio ,0.5BA$1.11
Redwood MerrillvilleWillowood2BR,2BA$1.70
Embassy Place at White Oak EstateAmbassador II w/ LVP2BR,2BA$1.98
Sherwood Lake Apartments9702BR,1BA$1.46
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.42
Harvest Ridge Apartment Homes2X12BR,1BA$1.46
Hampton in Highland ApartmentsWestchester1BR,1BA$1.70
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
1010 W Pine St1B 1B1BR,1BA$1.68
Prairie Square RentalsBurlwood 1st Floor1BR,1BA$2.33

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

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Frequently Asked Questions about Schererville

What type of rentals are currently available in Schererville?

There are currently 102 Apartments for Rent in Schererville, IN with pricing that ranges from $1,088 to $9,307. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schererville ranging from $700 to $5,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Schererville ranges from $700 to $5,500 with an average monthly rent of $2,350.

How much are larger Three and Four Bedroom Rentals in Schererville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Schererville range from $2,100 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $8,275.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.