Rentometer, Inc. | Data as of 10/23/2025
Lake County, Indiana, offers a vibrant rental landscape that blends the charm of Midwestern suburbs with the pulse of nearby metropolitan amenities. Situated just a short drive from Chicago, the region benefits from easy access to major highways, commuter rail lines, and a diverse cultural scene. Residents enjoy proximity to the scenic Indiana Dunes National Park, the historic downtown districts of Hammond and Gary, and a range of lakeside recreation areas that make outdoor living a daily possibility.
The rental inventory balances modern apartments with spacious single‑family homes, providing options for a wide spectrum of renters. Studio apartments typically sit in the $900s, while one‑bedroom units often fall in the $1200 range. Two‑bedroom apartments generally hover around the $1500 range, and larger three‑bedroom layouts move into the $2000 range, with premium four‑plus‑bedroom spaces reaching the $2500 tier. For those seeking a house, one‑bedroom homes usually start near $1000, two‑bedroom homes sit around the $1300 range, three‑bedroom properties near $1700, and larger four‑plus‑bedroom homes approach the $2200 mark. This variety ensures that individuals, couples, and families can find a rental that matches both their space requirements and budget expectations.
Popular neighborhoods such as Hobart, Crown Point, and East Chicago each bring distinct character— from tree‑lined streets and historic architecture to vibrant commercial corridors and waterfront parks. Excellent schools, shopping centers, and a growing dining scene further enhance livability. Whether you are drawn by the lakefront lifestyle, easy commutes to the city, or the friendly community atmosphere, Lake County provides a compelling blend of convenience and quality for renters.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,029 | $1,066 | $760 - $1,226 | $948 - $1,226 |
Apartment | 1 Bedroom | $1,287 | $1,260 | $932 - $1,606 | $1,095 - $1,469 |
Apartment | 2 Bedroom | $1,511 | $1,484 | $800 - $2,695 | $1,260 - $1,684 |
Apartment | 3 Bedroom | $2,186 | $2,317 | $1,340 - $3,115 | $1,425 - $2,790 |
House | 1 Bedroom | $939 | $825 | $700 - $1,350 | $800 - $1,100 |
House | 2 Bedroom | $1,326 | $1,250 | $850 - $3,200 | $1,100 - $1,400 |
House | 3 Bedroom | $1,785 | $1,597 | $850 - $7,500 | $1,395 - $1,983 |
House | 4+ Bedroom | $2,286 | $1,897 | $990 - $6,000 | $1,597 - $3,000 |
In the current period, the average rent in Lake was $1,030 for Studio, $1,216 for 1 Bedroom, $1,388 for 2 Bedroom, $1,810 for 3 Bedroom, and $2,287 for 4+ Bedroom.
Data provided by Rentometer, Inc.