Homes for Rent in Merrillville, IN

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What to Know About

Life in Merrillville & Beyond

Merrillville shares many of the great qualities that make Indiana a desirable place to live.

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

Merrillville, IN

As of August 2025, Merrillville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Merrillville's average rent is 43.3% ($540) higher than the Indiana average of $1,247 and 0.2% ($3) lower than the U.S. average of $1,790.

Average Rent
$1,787
Monthly ChangeMonth Over Month Change
Increased9.9% ($161)
Yearly ChangeYear Over Year Change
Increased15.6% ($241)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,252 Increased14.7% ($160) Decreased0.1% ($1)
2 Beds $1,459 Increased12.2% ($159) Increased1.3% ($19)
3 Beds $1,824 Increased6.9% ($117) Decreased3.2% ($60)
Nearby Cities Average Rent Avg. Rent vs. MerrillvilleAverage Rent vs. Merrillville Avg. Days on MarketAverage Days on Market
Gary $980 Decreased45.2% ($807) 22 days
Highland $2,193 Increased22.7% ($406) 26 days
Schererville $1,719 Decreased3.8% ($68) 25 days
Crown Point $1,481 Decreased17.1% ($306) 24 days
Portage $1,349 Decreased24.5% ($438) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Merrillville Rental Market FAQs

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

The average rent in Merrillville, IN is $1,787 per month.
Homes in Merrillville typically rent for between $876 and $2,371 per month, with an average of $1,787 per month.
In Merrillville, the average rent for a 1-bedroom home is $1,252 per month, for a 2-bedroom home, $1,459 per month, and a 3-bedroom home is $1,824 per month.
The average rent in Merrillville is 0.2% ($3) lower than the national average of $1,790 per month.
The average rent in Merrillville has increased by 9.9% ($161) in the last month and increased by 15.6% ($241) over the past year.
The rental market in Merrillville, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Merrillville, IN, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 10 rental properties available in Merrillville, IN.
Based on the current averages, a household would need an annual income of $58,360 to comfortably afford a 2-bedroom home in Merrillville.
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