Lake Station

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Lake Station, IN Area Guide

Avg Rent

$1,275

Population

12,856

Renter Mix

33% Rent

A great location for commuters who travel to Gary or Chicago

Suburb Affordable Great Location Commuter Accessible

Located a few miles south of Lake Michigan, Lake Station is a small city and suburb of Gary and Chicago. Great for renters looking for a location close to metro areas, Lake Station offers a variety of affordable houses and apartments for rent. Lake Station is best known for its amazing parks. Riverview Park is great for sports fans, offering a swimming pool, volleyball nets, archery targets, tennis courts and more. Across town, Three Rivers Park is great for watersports like paddle boarding and houses the Bellaboo's Play and Discovery Center, a hands-on play space for children. Lake Station is also convenient to Marquette Beach Park and the Indiana Dunes State Park. Along with great opportunities for outdoor recreation, Lake Station’s biggest allure is location. Great for commuters, Lake Station is only 40 minutes from Chicago and less than 15 minutes to Gary. Interstates 94 and 65 make traveling throughout these metro areas a breeze.

Demographics

Median Household Income

$52,035

Average: $64,355

Education

1,396

Residents Have a Degree

Job Market

5,733

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

38 Years

Largest Age Group

20-29 Years

Approximately 14% of Residents

Under 20

25%

Over 65

17%

Housing Distribution

Lake Station has more homeowners than renters.

Renters
33%
Non-Renters
67%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
6%
Other Education
94%

Rent Trends

As of April 2026, the average apartment rent in Lake Station, IN is $386 for a studio, $1,275 for one bedroom, and $1,159 for two bedrooms. Apartment rent in Lake Station has increased by 1.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,275/month
0 Sq Ft
House
$1,335/month
556 Sq Ft
See Rental Market Trends in Lake Station, IN

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Alexander Hamilton Elementary School

Public

Grades K-5

239 Students

Henry S Evans Elementary School

Public

Grades PK-5

389 Students

Virgil I Bailey Elementary School

Public

Grades K-5

270 Students

Carl J Polk Elementary School

Public

Grades 1-6

153 Students

Thomas A Edison Jr-Sr High School

Public

Grades 6-12

616 Students

Thomas A Edison Jr-Sr High School

Public

Grades 6-12

616 Students

Points of Interest

Top Apartments in Lake Station

Houses for Rent in Lake Station

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.