Cheap Homes for Rent in Wheeler, IN from $600 (13 Rentals)

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

property at 730 Governor Rd

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 2 Bath Home for Rent

Available Now

730 Governor Rd

ValparaisoIN46385

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.

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.

Wheeler, IN Local Guide

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 ListingModel NameBed/BathPriced From
La Vue Lake ApartmentsStudioStudio,1BA$897
205 Michigan1 Bed, 1 bath1BR,1BA$940
State Place Apartment Homes1X11BR,1BA$1,005
Duneland Village2 Bdrm Townhome, 960 SqFt, Tax Credit, 60% AMI2BR,1BA$1,089
Park Shore Commons1 Bedroom 1 Bathroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brixin at Cressmoor EstatesDTH13BR,2.5BA$1.31
Cherry Hill Apartment HomesG3BR,1.5BA$1.12
205 Michigan3 Beds, 2 baths3BR,2BA$1.48
Covington Square3bedth3BR,1.5BA$1.42
Chandana Pointe ApartmentsThe Tuscany2BR,2BA$1.36
678 Dearborn Rd2 Beds, 1.5 Baths2BR,1.5BA$1.40
Haven HobartC1p - Renovated2BR,2BA$1.34
Duneland Village2 Bdrm Townhome, 960 SqFt, Tax Credit, 60% AMI2BR,1BA$1.13
Andover Park2 Bedroom, 1 Bath2BR,1BA$1.50
Viewpointe Apartment HomesJ-2 BD2BR,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.

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

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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

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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.

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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.

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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.

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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.