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Newest Home for Rent in Lowell, IN

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    $2,050 Per Month

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • House for Rent

    673 Joe Martin Rd, Lowell, IN 46356

    **$250 MOVE IN CREDIT FOR MOVE IN BY AUGUST 31ST**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

    673 Joe Martin Rd, Lowell, IN 46356

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 $2,050 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses 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 Lowell, IN?
To comfortably afford the median rent in Lowell, IN, a household needs to earn roughly $82,000 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 $2,050 per month in Lowell, IN, renters typically need to show $6,150 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 14.5, 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, Central Merrillville, West Merrillville and Glen Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,050
Median Single Family Home Rent
$2,275
Median Townhouse Rent
$1,850
How to Rent a Home