Rentometer, Inc. | Data as of 10/24/2025
Merrillville, Indiana, offers a vibrant blend of suburban comfort and easy access to the greater Chicago metropolitan area. Nestled just south of Lake Michigan, the city is known for its well‑maintained parks, bustling retail corridors, and a strong sense of community that appeals to both young professionals and growing families. Excellent transportation links, including I‑94 and nearby commuter rail options, make daily commutes convenient while local attractions such as Westfield Mall and Pioneer Park provide ample opportunities for shopping, dining, and outdoor recreation.
The Merrillville rental market presents a diverse array of housing choices. One‑bedroom apartments typically fall in the low $1300s, while two‑bedroom units are commonly found in the mid‑$1600s range. Larger three‑bedroom apartments often rent in the $1900 bracket, offering spacious layouts for roommates or small families. For those seeking the privacy of a standalone home, three‑bedroom houses are priced around the $1800‑$1900 level, and larger four‑plus‑bedroom properties command rates in the $2300‑$2500 range. This variety ensures that renters can find options that match their budget and lifestyle, whether they prefer the convenience of an apartment complex or the space of a family‑friendly home.
Neighborhoods such as the historic downtown district and the newer developments near the I‑65 corridor showcase a mix of modern amenities and classic charm. Proximity to top‑rated schools, healthcare facilities, and recreational trails adds to the appeal for long‑term residents. With its welcoming atmosphere, competitive rental rates, and strategic location, Merrillville remains a compelling choice for anyone looking to settle in a thriving Indiana community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,347 | $1,428 | $930 - $1,643 | $1,260 - $1,514 |
| Apartment | 2 Bedroom | $1,641 | $1,605 | $1,020 - $2,499 | $1,200 - $1,951 |
| Apartment | 3 Bedroom | $1,865 | $2,024 | $1,495 - $2,077 | $1,495 - $2,077 |
| House | 3 Bedroom | $1,858 | $1,850 | $1,395 - $2,500 | $1,650 - $2,045 |
| House | 4+ Bedroom | $2,483 | $2,250 | $1,950 - $3,250 | $1,950 - $3,250 |
In the current period, the average rent in Merrillville was $1,347 for 1 Bedroom, $1,629 for 2 Bedroom, $1,860 for 3 Bedroom, and $2,483 for 4+ Bedroom.
Data provided by Rentometer, Inc.