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Rental Market Trends in Lowell, IN

What is the average rent in Lowell, IN?

$1,129/month

Average Rent

578 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of July 2025, the average rent in Lowell, IN is $1,129 per month. This is 31% lower than the national average rent of $1,637/month, making renting in Lowell more affordable than most cities in the US. When you rent an apartment in Lowell, you can expect to pay about $1,143 per month for a studio, $1,129 for a one-bedroom apartment, and around $1,451 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,577 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,143/month
0 Sq Ft
One Bedroom
$1,129/month
578 Sq Ft
Two Bedroom
$1,451/month
1,007 Sq Ft
Three Bedroom
$1,577/month
1,250 Sq Ft
Floor Plan Type
Average Rent
Average 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 Lowell, IN?

In the past year, rent has increased by 1.4%, which averages out to $17 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lowell, IN
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lowell, IN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Lowell is $1,129, you’ll want to make about $3,763 per month or $45,156 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

Lowell, IN

1 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lowell, 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 Lowell, IN

Apartment Averages

Nearby City Rent Trends

  • Crown Point Average Rent
  • Schererville Average Rent
  • Merrillville Average Rent
  • Crete Average Rent

Apartment communities in Lowell we think you'll love

4220 166th Ln

4220 166th Ln

4220 166th Ln,
Lowell, IN 46356

3 Beds | $3,500

Redwood Merrillville

Redwood Merrillville

8413 Jennings Pl,
Merrillville, IN 46410

2 Beds | $2,199 - $2,507

Prairie Point Apartments

Prairie Point Apartments

9123 Cleveland St,
Merrillville, IN 46410

1-2 Beds | $1,557 - $4,547

Vita Luxury Apartments On Grant

Vita Luxury Apartments On Grant

8400 Grant Cir,
Merrillville, IN 46410

1-2 Beds | $1,305 - $1,930

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United States Indiana Lowell 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 June 2025.

* Percentages may not total 100 due to rounding.

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