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Newest Homes for Rent in Porter, IN

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  • /13

    $1,790

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    1116 Penny Ln, Chesterton, IN 46304

    Welcome home to this beautifully renovated 3-bedroom, 1.5-bath duplex in Chesterton! Enjoy a modern kitchen with stainless steel appliances, brand-new cabinets, butcher block countertops, and cozy built-in booth seating. New LVP flooring runs throughout, and the updated bathroom features fresh tile finishes.Relax on the front deck, take advantage of in-unit washer/dryer, a heated garage, and

    1116 Penny Ln, Chesterton, IN 46304
  • /31

    Starting at $1,100 Per Month

    • 1 - 2 Beds

    111 W Taylor St, Chesterton, IN 46304

    Heat, water, garbage, sewer and cooking gas included with rent. Deer Run is conveniently located within the beautiful town of Chesterton, but is surrounded by woods. Residents enjoy the peace and quiet of nature, while still having the convenience of nearby shopping. Many residents take advantage of the quick access to I 94 and the South Shore Rail line to Chicago.This community features

    Deer Run Apartments

    111 W Taylor St, Chesterton, IN 46304
  • /2

    $1,427 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,330 Sq Ft
    • Condo for Rent

    1340 Lake Charles Ave Unit 1340 Lake Charles, Porter, IN 46304

    Spacious 2 bedroom, 1.5 bath townhouse style apartment with washer/dryer hook-ups. Private patio off of kitchen/dining room. Apartment comes with gas stove, full size dishwasher and standard refrigerator. Cable/Internet ready. Quick access to Route 20 and 80/94 expressway. Minutes from Chesterton & Portage. Pet friendly. 12 month and 18 month lease term available. Rent is $1427.00 per month. NO

    1340 Lake Charles Ave Unit 1340 Lake Charles, Porter, IN 46304

Frequently Asked Questions

How much does it cost to rent a home in Porter, IN?
The median rent for a home in Porter, IN is $1,427 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Porter, IN?
To comfortably afford the median rent in Porter, IN, a household needs to earn roughly $57,080 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 $1,427 per month in Porter, IN, renters typically need to show $4,281 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 Porter, IN?
In Porter, IN, the price-to-rent ratio is 17.5, 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 Porter, IN are best for renting a home?
The best neighborhood for renting in Porter, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Miller, Aetna, Downtown Gary, Porter County and Midtown, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,427
Median Condo Rent
$1,427
How to Rent a Home