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Rental Market Trends in Schererville, IN

Updated July 2026

The average rent in Schererville, IN is $1,191/month.

Rent in Schererville is 28% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,191/month

Average Rent

828 Sq Ft

Average Size

+0.1%

Change / Year

121

Available Apartments

Schererville rent varies by unit size and layout:

  • Studio apartments in Schererville average per month.
  • One-bedroom apartments in Schererville average $1,191 per month.
  • Two-bedroom apartments in Schererville average $1,381 per month.
  • Three-bedroom apartments in Schererville average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,191/month
828 Sq Ft
Two Bedroom
$1,381/month
1,028 Sq Ft
View Schererville Apartments

How much has average rent changed in Schererville, IN?

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Schererville, IN

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Schererville, IN
Percentage*
Rent Range
0% Below $700/month
29% $700 - $1,000/month
71% $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 Schererville, IN?

Because the average rent in Schererville is $1,191, you’ll want to make about $3,970 per month or $47,640 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

Schererville, IN

121 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Schererville, 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 Schererville Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Munster

    Munster

  • Crown Point

    Crown Point

  • Merrillville

    Merrillville

Apartment Communities in Schererville We Think You'll Love

Hidden Creek

Hidden Creek

8118 International Dr,
Crown Point, IN 46307

1-2 Beds | $1,199 - $1,909

Sherwood Lake Apartments

Sherwood Lake Apartments

801 Sherwood Lake Dr,
Schererville, IN 46375

1-2 Beds | $1,215 - $1,670

Embassy Place Apartments

Embassy Place Apartments

2219 Teakwood Cir,
Highland, IN 46322

2 Beds | $2,395 - $2,520

Harvest Ridge Apartment Homes

Harvest Ridge Apartment Homes

1445 Grandview Ct,
Crown Point, IN 46307

2 Beds | $1,332

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Frequently Asked Questions

What is the average rent in Schererville?

The average rent in Schererville is $1,191 per month, which is 28.3% lower than the national average of $1,662.

Are rents going up or down in Schererville?

Rents in Schererville, IN are increasing, with prices up 0.1% year-over-year and $2 more per month.

What rent range is most common in Schererville?

In Schererville, IN, 71% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Indiana Schererville 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 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity