
Cheap Homes for Rent in Lake Station, IN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Station.


130 E 13th Ave

4326 E 10th Ave

1949 Tennessee St

1109 Maryland St

759 Martin Luther King Dr

26 E 15th Ave

1418 E 35th Pl

3632 Virginia St

2166 Wisconsin St
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

2900 Central Dr

2342 Wisconsin St

2384 Wisconsin St
Lake Station, IN Local Guide

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 | $1,245 | $950 | $2,200 |
Lake Station 3 Bedroom Homes for Rent | $1,443 | $1,100 | $1,975 |
Lake Station 4 Bedroom Homes for Rent | $1,675 | $1,200 | $2,895 |
Browse Top Homes for Rent in Lake Station
Explore Lake Station
Lake Station, IN Local Guide
- Lake Station Neighborhoods
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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. Haven Hobart in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. 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 |
Haven Hobart | A1p - Renovated | 1BR,1BA | $1,015 |
Hampshire Park | C1 | 2BR,2BA | $1,505 |
Duneland Village Apartments | 3 Bedroom Townhouse | 3BR,1BA | $1,575 |
Best Value Apartments for Rent in Lake Station, IN and Nearby
As of April 14, 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 3 Bedroom Townhouse Model at Duneland Village Apartments starting at $1,575 with a $1.28 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 |
Duneland Village Apartments | 3 Bedroom Townhouse | 3BR,1.5BA | $1.28 |
Haven Hobart | A1p - Renovated | 1BR,1BA | $1.31 |
La Vue Lake Apartments | Studio | Studio ,1BA | $1.84 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lake Station
What type of rentals are currently available in Lake Station?
There are currently 67 Apartments for Rent in Lake Station, IN with pricing that ranges from $595 to $1,810. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Station ranging from $750 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 $750 to $2,895 with an average monthly rent of $1,415.
How much are larger Three and Four Bedroom Rentals in Lake Station?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Station range from $950 to $1,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,975. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $895.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.