Cheap Homes for Rent in Schererville, IN from $700 (14 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 204 Lafayette Avenue in the Meadows neighborhood priced from $950. 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
204 Lafayette Avenue1BR/1.0BA1BR,1BA$950
1010 W Pine St1B 1B1BR,1BA$1,175
10029 Kennedy Ave1B 1B1BR,1BA$1,175
Sherwood Lake Apartments8501BR,1BA$1,185
Hidden CreekDanube Partial1BR,1BA$1,269

Best Value Apartments for Rent in Schererville, IN and Nearby

As of June 16, 2025 the best value apartment in the Schererville area is the $1.93 price per square foot Ambassador II w/ LVP Model at Embassy Place at White Oak Estate in the in the Fairmeadow neighborhood starting from $2,330. The second greatest value Schererville apartment is the 2 Bed 1 Bath Model at 2100 N Main St starting at $1,425 with a $1.19 price per square foot in the Chapel Manor 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.
Embassy Place at White Oak EstateAmbassador II w/ LVP2BR,2BA$1.93
2100 N Main St2 Bed 1 Bath2BR,1BA$1.19
Harvest Grove Apartment Homes2BD-Deluxe2BR,2BA$1.27
Sherwood Lake Apartments9702BR,1BA$1.43
Whitcomb Terrace ApartmentsGreater Greensboro1BR,1BA$1.51
1905 Austin Ave, Unit 481905 Austin Ave2BR,1BA$1.51
1010 W Pine St1B 1B1BR,1BA$1.68
10029 Kennedy Ave1B 1B1BR,1BA$1.68
Hidden CreekDanube Partial1BR,1BA$1.95
204 Lafayette Avenue1BR/1.0BA1BR,1BA$1.46

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Frequently Asked Questions about Schererville

What type of rentals are currently available in Schererville?

There are currently 100 Apartments for Rent in Schererville, IN with pricing that ranges from $1,025 to $2,834. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schererville ranging from $700 to $3,550.

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 $3,550 with an average monthly rent of $1,776.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.