Cheap Homes for Rent in Munster, IN from $900 (10 Rentals)

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

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Munster, IN Local Guide

Cheapest Neighborhoods for Apartments in Munster, IN

Pricing Updated: 05/15/2025

Current apartment rentals in the Munster, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Munster Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Lakes$1,700$90039
Fairmeadow$2,200$79542
Hollywood$2,200$1,10028

Cheapest Available Munster Apartments for Rent and Nearby

 

The cheapest available apartment rental in Munster, IN is a 1 Bed unit found at 10029 Kennedy Ave in the Fairmeadow neighborhood priced from $1,175. Hampton in Highland Apartments in the Fairmeadow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,301. Here is today’s list of the most affordable Munster apartments for rent:

Apartment ListingModel NameBed/BathPriced From
10029 Kennedy Ave1B 1B1BR,1BA$1,175
Hampton in Highland ApartmentsRadcliff1BR,1BA$1,301
Bernice HomesTwo Bedroom home2BR,1BA$1,350

Best Value Apartments for Rent in Munster, IN and Nearby

As of May 15, 2025 the best value apartment in the Munster area is the $1.50 price per square foot 3BR/1.0BA Model at 2435 Ridgewood St in the in the Fairmeadow neighborhood starting from $1,650. The second greatest value Munster apartment is the Phase II, Floorplan B, 2 Bedroom, 2 Bath Model at Tanglewood starting at $1,499 with a $1.56 price per square foot in the Meadows neighborhood. Here is today’s list of the best values for Munster apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2435 Ridgewood St3BR/1.0BA3BR,1BA$1.50
TanglewoodPhase II, Floorplan B, 2 Bedroom, 2 Bath2BR,2BA$1.56
8 Waltham St, Unit 1R8 Waltham St1BR,1BA$1.15
Bernice HomesTwo Bedroom home2BR,1BA$1.69
Hampton in Highland ApartmentsWestchester1BR,1BA$1.73
10029 Kennedy Ave1B 1B1BR,1BA$1.68
Prairie Square RentalsApplewood / Burlwood ~ *Waitlist Application - ...1BR,1BA$2.47

Quick Rent Budget Calculator

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Frequently Asked Questions about Munster

What type of rentals are currently available in Munster?

There are currently 141 Apartments for Rent in Munster, IN with pricing that ranges from $775 to $2,330. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Munster ranging from $900 to $3,950.

What is the current price range for Rental Homes in Munster?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Munster ranges from $900 to $3,950 with an average monthly rent of $1,954.

How much are larger Three and Four Bedroom Rentals in Munster?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Munster range from $1,600 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,200.

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.

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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.

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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.