133 N Lindberg St
GriffithIN46319
Cheap Homes for Rent near Schererville, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Schererville.
5030 W Ridge Rd
GaryIN46408
110 E North St
Crown PointIN46307
8841 Schneider Ave
HighlandIN46322
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.
4941 Jefferson St
GaryIN46408
1427 W 46th Ave
GaryIN46408
4134 Fillmore St
GaryIN46408
111 Harrington Ave
Crown PointIN46307
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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Schererville, IN Local Guide
How much does it cost to rent a home in Schererville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schererville 2 Bedroom Homes for Rent | $1,735 | $1,350 | $2,500 |
| Schererville 3 Bedroom Homes for Rent | $2,123 | $1,100 | $4,000 |
| Schererville 4 Bedroom Homes for Rent | $2,651 | $1,650 | $4,000 |
| Schererville 5 Bedroom Homes for Rent | $2,125 | $1,550 | $2,700 |
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Schererville, IN Local Guide
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Cheapest Available Schererville Apartments for Rent and Nearby
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,075 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1,125 |
| Harvest Grove Apartment Homes | 1BD-Small | 1BR,1BA | $1,161 |
Best Value Apartments for Rent in Schererville, IN and Nearby
As of July 10, 2026 the best value apartment in the Schererville area is the $1.80 price per square foot Meadowood Model at Redwood Merrillville in the in the Independence Hill neighborhood starting from $2,384. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Merrillville | Meadowood | 2BR,2BA | $1.80 |
| 9351 Kennedy Ave, Unit Lower Unit , apt 1 | 9351 Kennedy Ave | 2BR,2BA | $1.36 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.50 |
| Sherwood Lake Apartments | UPGRADED 1 BEDROOM | 1BR,1BA | $1.59 |
| Whitcomb Terrace Apartments | Desert Classic | 1BR,1BA | $1.75 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| Harvest Grove Apartment Homes | 1BD-Small | 1BR,1BA | $1.66 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1.54 |
| 1010 W Pine St | 1B 1B | 1BR,1BA | $1.68 |
| Hidden Creek | Danube | 1BR,1BA | $1.84 |
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.
Read Article
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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See the most popular apartments and homes in Schererville, IN
Frequently Asked Questions about Schererville
What type of rentals are currently available in Schererville?
There are currently 105 Apartments for Rent in Schererville, IN with pricing that ranges from $1,075 to $14,697. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schererville ranging from $789 to $4,000.
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 $789 to $4,000 with an average monthly rent of $1,746.
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 $2,895 to $2,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $10,000.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.
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.
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.