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Lowell, IN Homes for Rent

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  • 445 Cheyenne Dr, Lowell, IN 46356
    445 Cheyenne Dr, Lowell, IN 46356
    445 Cheyenne Dr, Lowell, IN 46356
    /17

    $1,895 Per Month

    • 4 Beds
    • 2 Baths
    • 1,958 Sq Ft
    • Three Bedroom Ranch w/ Finished Basement

    445 Cheyenne Dr, Lowell, IN 46356

    Three bed 2 bath ranch with full finished basement in Lowell. Upstairs layout include living room, dining area and kitchen which leads out to backyard through slider, to garage or down to finished basement. Three beds and full bath complete main floor, lower level consists of office, full bath with jacuzzi tub and custom rain shower, second living room, laundry and lots of storage. Large

    445 Cheyenne Dr, Lowell, IN 46356
  • 8366 Kannon Dr, Lowell, IN 46356
    8366 Kannon Dr, Lowell, IN 46356
    8366 Kannon Dr, Lowell, IN 46356
    /28

    $2,600 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,840 Sq Ft
    • Townhouse for Rent

    8366 Kannon Dr, Lowell, IN 46356

    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.Welcome home to this beautiful 3-bedroom, 2.5-bath

    8366 Kannon Dr, Lowell, IN 46356
Indiana Lake County Lowell

Homes for Rent in Lowell, IN

Why Live in Lowell

Lowell, Indiana, is a rural town in Lake County, approximately an hour south of Chicago, known for its small-town atmosphere and strong community involvement. Residents often commute to larger cities or work locally at places like Aunt Millie's Bakery and the Strack & Van Til grocery chain. The town's main thoroughfare, Commercial Avenue, features a variety of local dining and retail options, including the popular Mi Ranchito Mexican restaurant and Old Dog Coffee. Freedom Park, the largest green space, offers pickleball courts and a dog park, while the newly renovated Nassau Park will include a splash pad and amphitheater. Harvest Tyme Family Farm provides seasonal activities such as corn mazes and hayrides. The annual Labor Day Festival, a significant event in Lowell, features live music, food vendors, and a car show. The Tri-Creek School Corporation serves the educational needs of the community with a high rating. Lowell is safer than the national average, with low crime rates reported over the past two years. Housing in Lowell includes ranch-style and bi-level homes, with new construction ongoing in Cedar Creek Township. The town is car-dependent, located 7 miles west of Interstate 65, and is 40 miles from Gary/Chicago International Airport.

Learn more about living in Lowell

Frequently Asked Questions

How much does it cost to rent a home in Lowell, IN?
The median rent for a home in Lowell, IN is $2,247 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Lowell, IN?
To comfortably afford the median rent in Lowell, IN, a household needs to earn roughly $89,880 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 $2,247 per month in Lowell, IN, renters typically need to show $6,741 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 Lowell, IN?
In Lowell, IN, the price-to-rent ratio is 13.2, 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 Lowell, IN are best for renting a home?
The best neighborhood for renting in Lowell, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Porter County, West Merrillville, Goodenow, Turkey Creek and North Merrillville, each with its own character and price range.

Rental Home Trends in Lowell, IN

There are currently 2 homes available for rent in Lowell, IN. The median rent is $2,247 per month, with single-family homes renting at $2,000 and townhouses at $2,225.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,247
Median Single Family Home Rent
$2,000
Median Townhouse Rent
$2,225
How to Rent a Home

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