Cheap Homes for Rent in Schererville, IN from $700 (16 Rentals)

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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.

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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 $895. Whitcomb Terrace Apartments in the Turkey Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Schererville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
204 Lafayette Avenue1BR/1.0BA1BR,1BA$895
Whitcomb Terrace ApartmentsGreater Greensboro1BR,1BA$1,150
1010 W Pine St1B 1B1BR,1BA$1,175
10029 Kennedy Ave1B 1B1BR,1BA$1,175
Hidden CreekDanube1BR,1BA$1,209

Best Value Apartments for Rent in Schererville, IN and Nearby

As of September 14, 2025 the best value apartment in the Schererville area is the $1.78 price per square foot Barrister II Model at Embassy Place at White Oak Estate in the in the Fairmeadow neighborhood starting from $2,320. 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 Downtown Crown Point 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 EstateBarrister II2BR,2BA$1.78
2100 N Main St2 Bed 1 Bath2BR,1BA$1.19
Sherwood Lake Apartments9702BR,1BA$1.46
Farmer2x1A2BR,1BA$1.46
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.43
Hampton in Highland ApartmentsWestchester1BR,1BA$1.70
1010 W Pine St1B 1B1BR,1BA$1.68
10029 Kennedy Ave1B 1B1BR,1BA$1.68
204 Lafayette Avenue1BR/1.0BA1BR,1BA$1.38
Hidden CreekDanube1BR,1BA$1.86

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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 101 Apartments for Rent in Schererville, IN with pricing that ranges from $1,150 to $5,572. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schererville ranging from $700 to $5,000.

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 $5,000 with an average monthly rent of $1,534.

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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.