Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Gary, IN

As of July 2025, Gary's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Gary's average rent is 17.3% ($219) lower than the Indiana average of $1,263 and 41.2% ($731) lower than the U.S. average of $1,775.

Average Rent

$1,044

Monthly ChangeMonth Over Month Change

3.1% ($33)

Yearly ChangeYear Over Year Change

13.8% ($127)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$725	0.3% ($2)	1.3% ($9)
2 Beds	$966	1.2% ($12)	8.9% ($79)
3 Beds	$1,398	1.9% ($26)	17.6% ($209)

Nearby Cities	Average Rent	Avg. Rent vs. GaryAverage Rent vs. Gary	Avg. Days on MarketAverage Days on Market
Merrillville	$1,626	55.7% ($582)	27 days
Highland	$2,210	111.7% ($1166)	26 days
East Chicago	$897	14.1% ($147)	26 days
Hammond	$937	10.2% ($107)	24 days
Schererville	$1,148	10% ($104)	25 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Gary Rental Market FAQs

Explore rental prices, market trends, and availability in Gary, IN.

What is the average rent in Gary, IN?

The average rent in Gary, IN is $1,044 per month.

What is the rental price range for apartments in Gary, IN?

Apartments in Gary typically rent for between $600 and $1,817 per month, with an average of $1,044 per month.

What is the average rent for different bedroom sizes in Gary, IN?

In Gary, the average rent for a 1-bedroom apartment is $725 per month, for a 2-bedroom apartment, $966 per month, and a 3-bedroom apartment is $1,398 per month.

How do rent prices in Gary, IN compare with the national average?

The average rent in Gary is 41.2% ($731) lower than the national average of $1,775 per month.

How have rent prices in Gary, IN changed recently?

The average rent in Gary has decreased by 3.1% ($33) in the last month and increased by 13.8% ($127) over the past year.

How competitive is the rental market in Gary, IN?

The rental market in Gary, IN, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.

How long do rentals stay on the market in Gary, IN?

In Gary, IN, the average rental stays on the market for approximately 22 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Gary, IN?

There are currently 44 rental properties available in Gary, IN.

Can I afford to rent an apartment in Gary, IN?

Based on the current averages, a household would need an annual income of $38,640 to comfortably afford a 2-bedroom apartment in Gary.