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Newest Homes for Rent in Lake Station, IN

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  • /3

    $1,800 Per Month

    • 4 Beds
    • 2 Baths
    • 4 bedroom, 2 Bath...YES PLEASE!!!!!

    1100 S Lake St, Gary, IN 46403

    Come see this 4 bed, 2 bath home. This home has a large first floor foot print with two additional bedrooms and 1 additional bathroom upstairs. This unit also has a fenced yard and a 1 car garage. Call Will @ or call and ask for Paul for more information! This one wont last long so call for your appointment today...

    1100 S Lake St, Gary, IN 46403
  • /12

    $1,395 Per Month

    • 3 Beds
    • 1 Bath
    • 1,085 Sq Ft
    • House for Rent

    416 Van Buren Ave, Hobart, IN 46342

    Prospective tenants are NOT REQUIRED TO PAY 3rd Party Application fees. ALL applications MUST be submitted via the PMI NWI website. Applications submitted through 3RD PARTY websites/vendors WILL NOT BE ACCEPTED.PLEASE SUBMIT ANY QUESTIONS THROUGH THE "REQUEST A TOUR", "CHECK AVAILABILITY" or other contact options provided.This 3-bedroom, 1-bath single-family home at 416 Van Buren

    416 Van Buren Ave, Hobart, IN 46342
  • /5

    $1,500 Per Month

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • CROSS PROPERTIES

    1125 S Hamilton St, Gary, IN 46403

    3 Bedroom one bath unit. Partially fenced yard.

    1125 S Hamilton St, Gary, IN 46403
  • /15

    $1,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,177 Sq Ft
    • House for Rent

    3101 N County Line Rd, Portage, IN 46368

    Property Id: 2465093Welcome to 3-bedroom, 2-bathroom, single-family home for rent located in Portage, IN. This beautiful house is located in a quiet neighborhood and a cozy living space. The house is recently remodeled, comes with appliances and attached garage. Application requirements:- 2 months most recent Paystubs,1040 Individual Tax Return, 2-months bank statements-

    (219) 327-7607

    3101 N County Line Rd, Portage, IN 46368

Frequently Asked Questions

How much does it cost to rent a home in Lake Station, IN?
The median rent for a home in Lake Station, IN is $1,150 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Lake Station, IN?
To comfortably afford the median rent in Lake Station, IN, a household needs to earn roughly $46,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,150 per month in Lake Station, IN, renters typically need to show $3,450 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lake Station, IN?
In Lake Station, IN, the price-to-rent ratio is 12.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lake Station, IN are best for renting a home?
The best neighborhood for renting in Lake Station, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Aetna, Miller, Glen Park, Midtown and Tolleston, each with its own character and price range.

Rental Home Trends in Lake Station, IN

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,150
Median Single Family Home Rent
$1,550
Median Condo Rent
$1,050
How to Rent a Home