Homes & Apartments 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 June 2026, Merrillville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Merrillville's average rent is 26.4% ($340) higher than the Indiana average of $1,287 and 9.5% ($170) lower than the U.S. average of $1,797.

Average Rent
$1,627
Monthly ChangeMonth Over Month Change
Increased0.1% ($1)
Yearly ChangeYear Over Year Change
Increased0.1% ($1)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,375 Increased2.6% ($35) Increased25.9% ($283)
2 Beds $1,721 Decreased1.1% ($20) Increased32.4% ($421)
3 Beds $2,199 Increased7.1% ($145) Increased28.8% ($492)
Nearby Cities Average Rent Avg. Rent vs. MerrillvilleAverage Rent vs. Merrillville Avg. Days on MarketAverage Days on Market
Gary $1,127 Decreased30.7% ($500) 22 days
Griffith $1,288 Decreased20.8% ($339) 23 days
Hobart $1,567 Decreased3.7% ($60) 23 days
Highland $2,094 Increased28.7% ($467) 26 days
Crown Point $1,573 Decreased3.3% ($54) 24 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 $1,627 per month.
Homes in Merrillville typically rent for between $963 and $2,859 per month, with an average of $1,627 per month.
In Merrillville, the average rent for a 1-bedroom home is $1,375 per month, for a 2-bedroom home, $1,721 per month, and a 3-bedroom home is $2,199 per month.
The average rent in Merrillville is 9.5% ($170) lower than the national average of $1,797 per month.
The average rent in Merrillville has increased by 0.1% ($1) in the last month and increased by 0.1% ($1) 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 12 rental properties available in Merrillville, IN.
Based on the current averages, a household would need an annual income of $68,840 to comfortably afford a 2-bedroom home in Merrillville.
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