Kennedy Crossing Apartments
3400 Stevens Ct,
Hammond, IN 46323
Studio - 3 Beds | $999 - $1,849
Rental Market Trends in Gary, IN
Updated July 2026
The average rent in Gary, IN is $836/month.
Rent in Gary is 50% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.
$836/month
Average Rent
583 Sq Ft
Average Size
+4.6%
Change / Year
427
Available Apartments
Gary rent varies by unit size and layout:
- Studio apartments in Gary average $885 per month.
- One-bedroom apartments in Gary average $836 per month.
- Two-bedroom apartments in Gary average $1,006 per month.
- Three-bedroom apartments in Gary average $1,327 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Gary, IN?
In the past year, rent has increased by 4.6%, which averages out to $39 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Gary, IN
July 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
7%
Below $700/month
73%
$700 - $1,000/month
20%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Gary?
Based on current rent prices, Black Oak is the most affordable neighborhood in Gary.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Gary?
Based on current rent prices, Black Oak is the most expensive neighborhood in Gary.
Neighborhood
Average Rent
Average Sq Ft
Which Gary neighborhoods have the most rentals available?
The neighborhood in Gary with the most apartments available is Black Oak .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Gary, IN?
Because the average rent in Gary is $836, you’ll want to make about $2,786 per month or $33,432 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.
How does Gary, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Gary, 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.
View the Gary Area GuideStudio
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Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Gary We Think You'll Love
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Frequently Asked Questions
What is the average rent in Gary?
The average rent in Gary is $836 per month, which is 49.7% lower than the national average of $1,663.
What is the average rent for a house in Gary?
The average rent for a house in Gary, IN is $1,457 per month.
Are rents going up or down in Gary?
Rents in Gary, IN are increasing, with prices up 4.6% year-over-year and $39 more per month.
What rent range is most common in Gary?
In Gary, IN, 73% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
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 June 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.