905 W 37th Ave
HobartIN46342
Cheap Homes for Rent in Lake Station, IN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Station.
2315 Industrial Blvd
GaryIN46407
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
130 E 13th Ave
GaryIN46407
3801 Tennessee St
GaryIN46409
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
825 Delaware St
GaryIN46402
3955 Ohio St
GaryIN46409
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1949 Tennessee St
GaryIN46407
9-11 McKinley Ave
HobartIN46342
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
2418 Diamond St
GaryIN46407
4326 E 10th Ave
GaryIN46403
1109 Maryland St
GaryIN46407
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Lake Station, IN Local Guide
Lake Station by JoeyBLS is licensed under Internal
How much does it cost to rent a home in Lake Station?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Station 2 Bedroom Homes for Rent | $1,227 | $950 | $2,075 |
| Lake Station 3 Bedroom Homes for Rent | $1,301 | $1,000 | $1,575 |
| Lake Station 4 Bedroom Homes for Rent | $1,635 | $1,200 | $2,895 |
| Lake Station 6 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
Browse Top Homes for Rent in Lake Station
Explore Lake Station
Lake Station, IN Local Guide
- Lake Station Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Station Apartments for Rent and Nearby
The cheapest available apartment rental in Lake Station, IN is a Studio unit found at La Vue Lake Apartments in the Garyton neighborhood priced from $850. Duneland Village Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here is today’s list of the most affordable Lake Station apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| La Vue Lake Apartments | Studio | Studio,1BA | $850 |
| Duneland Village Apartments | 2 Bedroom Townhouse Tax Credit*** | 2BR,1BA | $1,120 |
| Hampshire Park | B2 | 2BR,1BA | $1,210 |
| Haven Hobart | D1p - Renovated | 3BR,2BA | $1,680 |
Best Value Apartments for Rent in Lake Station, IN and Nearby
As of May 10, 2025 the best value apartment in the Lake Station area is the $1.28 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,790. The second greatest value Lake Station apartment is the D1p - Renovated Model at Haven Hobart starting at $1,680 with a $1.35 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for Lake Station apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hampshire Park | C1p - Renovated | 2BR,2BA | $1.28 |
| Haven Hobart | D1p - Renovated | 3BR,2BA | $1.35 |
| Duneland Village Apartments | 2 Bedroom Townhouse | 2BR,1.5BA | $1.42 |
| La Vue Lake Apartments | Studio | Studio ,1BA | $1.84 |
Quick Rent Budget Calculator
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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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Frequently Asked Questions about Lake Station
What type of rentals are currently available in Lake Station?
There are currently 63 Apartments for Rent in Lake Station, IN with pricing that ranges from $798 to $1,810. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Station ranging from $900 to $2,895.
What is the current price range for Rental Homes in Lake Station?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Station ranges from $900 to $2,895 with an average monthly rent of $1,307.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.