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Rental Market Trends in Chesterton, IN

What is the average rent in Chesterton, IN?

$1,266/month

Average Rent

801 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of April 2026, the average rent in Chesterton, IN is $1,266 per month. This is 23% lower than the national average rent of $1,641/month, making renting in Chesterton more affordable than most cities in the US. When you rent an apartment in Chesterton, you can expect to pay about per month for a studio, $1,266 for a one-bedroom apartment, and around $1,394 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,215 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,266/month
801 Sq Ft
Two Bedroom
$1,394/month
1,082 Sq Ft
Three Bedroom
$2,215/month
1,370 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,772/month
1,375 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Chesterton, IN?

In the past year, rent has increased by 2.6%, which averages out to $34 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Chesterton, IN
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Chesterton, IN
Percentage*
Rent Range
0% Below $700/month
27% $700 - $1,000/month
55% $1,001 - $1,500/month
9% $1,501 - $2,000/month
9% Above $2,000/month

What salary do I need to live comfortably in Chesterton, IN?

Because the average rent in Chesterton is $1,266, you’ll want to make about $4,220 per month or $50,640 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Chesterton, IN

116 Available Apartments for Rent

Search for Nearby Apartments

How does Chesterton, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Chesterton, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Chesterton, IN

Apartment Averages

Nearby City Rent Trends

  • Portage Average Rent
  • Valparaiso Average Rent
  • Lake Station Average Rent

Apartment communities in Chesterton we think you'll love

Eagle Crossing Luxury Apartment Homes

Eagle Crossing Luxury Apartment Homes

2113 Kelle Dr,
Chesterton, IN 46304

$1,497 - $3,301

1-3 Beds

Lake Pointe Apartment Homes

Lake Pointe Apartment Homes

3471 Sunnyside Dr,
Portage, IN 46368

$1,415 - $3,588

1-3 Beds

The Promenade at Founders Square

The Promenade at Founders Square

2540 Promenade Way,
Portage, IN 46368

$1,215 - $2,420

Studio - 3 Beds

Traditions at Burns Harbor Apartment Homes

Traditions at Burns Harbor Apartment Homes

331 S Boo Rd,
Burns Harbor, IN 46304

$1,150 - $1,789

1-3 Beds

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United States Indiana Chesterton Rental Trends

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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity