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Newest Homes for Rent in Lake Station, IN

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  • /20

    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • Townhouse for Rent

    2043-2043 Union St, Lake Station, IN 46405

    Step into comfort and convenience with this freshly updated 2-bedroom, 1-bath bi-level duplex home in Lake Station. Designed for easy living, this unit offers modern upgrades, solid essentials, and a great location just minutes from everything you need.• 2 Bedrooms • 1 Bathroom Location: 2043 Union St. - # 2043 Lake Station, IN 46405Season Special: 1/2 OFF 1st Month’s Rent!

    2043-2043 Union St, Lake Station, IN 46405
  • /36

    $1,600 Per Month

    • 3 Beds
    • 2 Baths
    • 884 Sq Ft
    • House for Rent

    2517 Clay St, Lake Station, IN 46405

    Welcome to this beautifully updated Cape Cod-style home! The main level features a welcoming living room, primary bedroom, kitchen, 3/4 bathroom, and laundry area. Upstairs, you'll find two spacious bedrooms offering plenty of room for family, guests, or a home office. Enjoy outdoor living in the private yard, complete with a patio--perfect for entertaining. A large shed provides convenient

    Agent Photo

    Jeff McCormick

    McCormick Real Estate, Inc.

    2517 Clay St, Lake Station, IN 46405
  • /13

    $1,095 Per Month

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • House for Rent

    3464 Iowa St, Lake Station, IN 46405

    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.Discover comfort and convenience in this charming

    3464 Iowa St, Lake Station, IN 46405
  • /22

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 1,225 Sq Ft
    • Condo for Rent

    3320 Randolph Place Unit 3320 Randolph Apt D, Hobart, IN 46342

    Located in Nob Hill neighborhood in Hobart, this upper-level 2 bed 1 bath apartment features a sliding door off the living room with small balcony. Just off the galley kitchen is a dining space with bright south facing window. Large master bedroom has a west facing balcony for afternoon and evening sun. Utility room offers washer, dryer, and laundry sink. Plenty of off street parking and a 1

    3320 Randolph Place Unit 3320 Randolph Apt D, Hobart, IN 46342
  • /16

    $2,000 Per Month

    • 4 Beds
    • 2 Baths
    • 1,588 Sq Ft
    • House for Rent

    2847 Union St, Gary, IN 46405

    Charming 4 bedroom, 2 bath home that has been completely remodeled. New flooring, cabinets and freshly painted throughout. Large Living room, bright kitchen with all new appliances - refrigerator, range, dishwasher, and built in microwave. The home also boasts a brand new washer and dryer. There is even a basement and an oversized 2 car garage. This home is located in a great area with a

    2847 Union St, Gary, IN 46405
  • /22

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 1,225 Sq Ft
    • Condo for Rent

    3320 Randolph Place Unit 3320 Randolph Apt D, Hobart, IN 46342

    Located in Nob Hill neighborhood in Hobart, this upper-level 2 bed 1 bath apartment features a sliding door off the living room with small balcony. Just off the galley kitchen is a dining space with bright south facing window. Large master bedroom has a west facing balcony for afternoon and evening sun. Utility room offers washer, dryer, and laundry sink. Plenty of off street parking and a 1

    3320 Randolph Place Unit 3320 Randolph Apt D, Hobart, IN 46342
  • /12

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 735 Sq Ft
    • House for Rent

    2524 Cass St, Gary, IN 46405

    Discover the charm of this cozy, newly updated 735 square foot home in the heart of Lake Station, IN. This quaint residence features two inviting bedrooms and a well-appointed bathroom, providing a comfortable living space for anyone seeking a serene environment. The house retains its vintage character while offering modern conveniences, including a reliable air conditioning system to keep you

    2524 Cass St, Gary, IN 46405
  • /10

    $2,950 Per Month

    • 3 Beds
    • 2 Baths
    • 1,405 Sq Ft
    • House for Rent

    2250 S Shelby St, Lake Station, IN 46405

    NEW CONSTRUCTION - 3 bedrooms, 2 bath, beauty mirror in master, blue tooth speaker, all new, appliance included (stove fridge dishwasher- wash/dry extra), fenced yard.

    2250 S Shelby St, Lake Station, IN 46405

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 $1,575 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
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 $63,000 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 $1,575 per month in Lake Station, IN, renters typically need to show $4,725 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 9.8, 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 Miller, Aetna, Midtown, Downtown Gary and Glen Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,575
Median Single Family Home Rent
$1,600
How to Rent a Home