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apartments under 700
Last updated February 16 2020 at 3:40 PM

8 Apartments under $700 for rent in Merrillville, IN

Last updated December 6 at 12:22pm
Glen Park
1 Unit Available
4560 Harrison St
4560 Harrison Street, Gary, IN
2 Bedrooms
$700
1000 sqft
Cozy 2 Bed room House for rent - Property Id: 107589 2 Bedroom house 1 bath Call 773-981-4805 Apply at TurboTenant: http://rental.turbotenant.com/properties/107589 Property Id 107589 No Pets Allowed (RLNE5373559)
Results within 5 miles of Merrillville
Last updated February 16 at 10:54am
Glen Park
1 Unit Available
3424 Maryland St
3424 Maryland Street, Gary, IN
2 Bedrooms
$600
- (RLNE5174973)
Last updated February 16 at 10:53am
1 Unit Available
933 E. Joliet Street Apt. 2
933 East Joliet Street, Crown Point, IN
1 Bedroom
$595
732 sqft
One Bedroom Main Floor - One bedroom main floor apartment. Large living room. A/C wall unit. Close to interstate, retail and the square. No Pets Allowed (RLNE2353740)
Last updated February 16 at 05:19pm
1 Unit Available
840 N Elmer
840 North Elmer Street, Griffith, IN
Studio
$650
460 sqft
Great retail location for Small business. Current Ice Cream Shop. Strip mall anchored by Champion Miguel Torres Martial Arts. 460 sq' of open retail. Great start for your next business. Tenant pays all utilities. 3 Year Lease.
Results within 10 miles of Merrillville
Last updated February 16 at 05:19pm
Indiana Harbor
1 Unit Available
3807 Butternut Street
3807 Butternut Street, East Chicago, IN
1 Bedroom
$700
750 sqft
NO SECTION 8 NO PETS TENANT PAYS ALL UTILITIES
Last updated February 16 at 05:19pm
Southside
1 Unit Available
4911 Homerlee Avenue Unit#2F - 2F
4911 Homerlee Avenue, East Chicago, IN
1 Bedroom
$625
700 sqft
NO SECTION 8 NO PETS TENANT PAYS ALL UTILITIES
Last updated February 16 at 05:19pm
Northside
1 Unit Available
4524 Magoun Ave. 1S
4524 Magoun Avenue, East Chicago, IN
2 Bedrooms
$700
800 sqft
2 bedroom 1 bath apartment in East Chicago. Water included Tenant pays NIPSCO. Please visit www.propertybossllc.com To fill out the application.
Last updated February 16 at 05:19pm
Indiana Harbor
1 Unit Available
3922 Alder Street Unit#3 - 3
3922 Alder Street, East Chicago, IN
1 Bedroom
$675
700 sqft
cute 1 bedroom 1 bath apartment for rent! must have monthly income of 2,025 no evictions call 219-212-2381 to set up a viewing

February 2020 Merrillville Rent Report

Welcome to the February 2020 Merrillville Rent Report. Merrillville rents remained steady over the past month. In this report, we'll evaluate trends in the Merrillville rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

February 2020 Merrillville Rent Report

Welcome to the February 2020 Merrillville Rent Report. Merrillville rents remained steady over the past month. In this report, we'll evaluate trends in the Merrillville rental market, including comparisons to cities throughout the metro, state, and nation.

Merrillville rents held steady over the past month

Merrillville rents have remained flat over the past month, however, they are up slightly by 1.6% year-over-year. Currently, median rents in Merrillville stand at $971 for a one-bedroom apartment and $1,143 for a two-bedroom. Merrillville's year-over-year rent growth is level with both the state and national average which all stands at 1.6%.

    Rents rising across the Chicago Metro

    Throughout the past year, rent increases have been occurring not just in the city of Merrillville, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, all of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Gary has the least expensive rents in the Chicago metro, with a two-bedroom median of $921; the city has also seen rents fall by 0.3% over the past month, the biggest drop in the metro.
    • Waukegan has seen the fastest rent growth in the metro, with a year-over-year increase of 2.7%. The median two-bedroom there costs $1,014, while one-bedrooms go for $862.
    • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,760; rents rose 0.3% over the past month but remained flat year-over-year.

    Merrillville rents more affordable than many large cities nationwide

    As rents have increased slightly in Merrillville, a few large cities nationwide have also seen rents grow modestly. Merrillville is still more affordable than most large cities across the country.

    • Rents increased moderately in other cities across the state, with Indiana as a whole logging rent growth of 1.6% over the past year. For example, rents have grown by 2.4% in Fort Wayne and 2.2% in Indianapolis.
    • Merrillville's median two-bedroom rent of $1,143 is below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year, which matches the rise in Merrillville.
    • While Merrillville's rents rose slightly over the past year, many cities nationwide also saw increases, including DC (+1.8%), Columbus (+1.7%), and New York (+1.7%).
    • Renters will find more reasonable prices in Merrillville than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than two-and-a-half times the price in Merrillville.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Chicago
    $1,090
    $1,290
    0
    1.6%
    Aurora
    $1,140
    $1,340
    0.3%
    1.2%
    Joliet
    $950
    $1,120
    0.1%
    0.4%
    Naperville
    $1,500
    $1,760
    0.3%
    0.3%
    Elgin
    $1,000
    $1,180
    0.1%
    1.4%
    Waukegan
    $860
    $1,010
    0
    2.7%
    Hammond
    $850
    $990
    0.1%
    0.9%
    Gary
    $780
    $920
    -0.3%
    0.1%
    Arlington Heights
    $1,250
    $1,470
    -0.1%
    0.5%
    Evanston
    $1,320
    $1,560
    0.2%
    2%
    Schaumburg
    $1,440
    $1,690
    0.3%
    2.2%
    Bolingbrook
    $1,300
    $1,530
    -0.5%
    -0.1%
    Palatine
    $1,180
    $1,390
    0.2%
    1.8%
    Des Plaines
    $980
    $1,150
    -0.1%
    0.1%
    Wheaton
    $1,270
    $1,500
    0.8%
    4.6%
    Hoffman Estates
    $1,100
    $1,290
    0
    -1%
    Oak Park
    $850
    $1,000
    -0.1%
    1.7%
    Lombard
    $1,340
    $1,580
    0.4%
    -1.9%
    Buffalo Grove
    $1,340
    $1,580
    0.4%
    -1.5%
    Carol Stream
    $1,160
    $1,370
    -0.2%
    2%
    Romeoville
    $1,590
    $1,870
    -0.3%
    0
    Wheeling
    $1,140
    $1,340
    0
    -0.2%
    Calumet City
    $870
    $1,030
    -0.1%
    1%
    Merrillville
    $970
    $1,140
    0
    1.6%
    Glendale Heights
    $1,120
    $1,320
    0
    -0.4%
    St. Charles
    $1,260
    $1,480
    0.7%
    0.8%
    Woodridge
    $1,180
    $1,390
    0.1%
    -1.5%
    Gurnee
    $1,210
    $1,430
    0.7%
    -0.3%
    Oswego
    $1,680
    $1,980
    0.1%
    -0.4%
    Chicago Heights
    $920
    $1,080
    0
    0.4%
    Lansing
    $830
    $980
    0
    -2.8%
    Vernon Hills
    $1,340
    $1,570
    0.6%
    0.4%
    Woodstock
    $980
    $1,150
    0.2%
    1.3%
    Westmont
    $1,300
    $1,530
    -0.4%
    4%
    Zion
    $900
    $1,060
    0
    1.2%
    Rolling Meadows
    $1,260
    $1,480
    -0.7%
    2.7%
    Lisle
    $1,240
    $1,460
    -0.5%
    3.1%
    Bloomingdale
    $1,490
    $1,750
    -0.4%
    -2.3%
    Park Forest
    $990
    $1,170
    0.1%
    1.5%
    Richton Park
    $1,060
    $1,250
    -0.1%
    2%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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