
Cheap Homes for Rent in Wheeler, IN from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Wheeler.


730 Governor Rd

5284 Broadway

660 N Hobart Rd

816 E 35th Ct

6248 Kathryn Ct
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.

669 Lake St

60 University Dr

4408 E 7th Ave

1118 Benton St

5372-5372 Plaza Ave

11-11 McKinley Ave
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.

3813 E 13th Ave
Wheeler, IN Local Guide

How much does it cost to rent a home in Wheeler?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wheeler 2 Bedroom Homes for Rent | $1,368 | $1,050 | $2,350 |
| Wheeler 3 Bedroom Homes for Rent | $1,912 | $1,200 | $3,175 |
| Wheeler 4 Bedroom Homes for Rent | $2,325 | $1,800 | $3,175 |
Browse Top Homes for Rent in Wheeler
Explore Wheeler
Wheeler, IN Local Guide
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Cheapest Available Wheeler Apartments for Rent and Nearby
 The cheapest available apartment rental in Wheeler, IN is a Studio unit found at La Vue Lake Apartments in the Outlying North Lake County IN neighborhood priced from $897. 205 Michigan in the Banta neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Wheeler apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Vue Lake Apartments | Studio | Studio,1BA | $897 |
| 205 Michigan | 1 Bed, 1 bath | 1BR,1BA | $940 |
| State Place Apartment Homes | 1X1 | 1BR,1BA | $1,005 |
| Duneland Village | 2 Bdrm Townhome, 960 SqFt, Tax Credit, 60% AMI | 2BR,1BA | $1,089 |
| Park Shore Commons | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,113 |
Best Value Apartments for Rent in Wheeler, IN and Nearby
As of June 19, 2026 the best value apartment in the Wheeler area is the $1.31 price per square foot DTH1 Model at Brixin at Cressmoor Estates in the in the Liverpool neighborhood starting from $2,096. The second greatest value Wheeler apartment is the G Model at Cherry Hill Apartment Homes starting at $1,475 with a $1.12 price per square foot in the Garyton neighborhood. Here is today’s list of the best values for Wheeler apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brixin at Cressmoor Estates | DTH1 | 3BR,2.5BA | $1.31 |
| Cherry Hill Apartment Homes | G | 3BR,1.5BA | $1.12 |
| 205 Michigan | 3 Beds, 2 baths | 3BR,2BA | $1.48 |
| Covington Square | 3bedth | 3BR,1.5BA | $1.42 |
| Chandana Pointe Apartments | The Tuscany | 2BR,2BA | $1.36 |
| 678 Dearborn Rd | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.40 |
| Haven Hobart | C1p - Renovated | 2BR,2BA | $1.34 |
| Duneland Village | 2 Bdrm Townhome, 960 SqFt, Tax Credit, 60% AMI | 2BR,1BA | $1.13 |
| Andover Park | 2 Bedroom, 1 Bath | 2BR,1BA | $1.50 |
| Viewpointe Apartment Homes | J-2 BD | 2BR,1BA | $1.35 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wheeler, IN Rentals by Map
See the most popular apartments and homes in Wheeler, IN
Frequently Asked Questions about Wheeler
What type of rentals are currently available in Wheeler?
There are currently 45 Apartments for Rent in Wheeler, IN with pricing that ranges from $897 to $3,352. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wheeler ranging from $650 to $3,175.
What is the current price range for Rental Homes in Wheeler?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wheeler ranges from $650 to $3,175 with an average monthly rent of $1,426.
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

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.

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.