Last updated on October 28, 2026

Average rent in
Lake Station, IN

Median rent

Median rent in Lake Station

$1,350/mo

increased by13%

vs previous year

The average rent in Lake Station is $1,350 per month as of October 2026. This is 29% below the national average rent, or $550 less per month.

$1.36

average price per square foot

Total rentals

Available rentals in Lake Station

17

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Lake Station rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Lake Station, IN

Average rent prices in Lake Station have decreased by 4% over the last month and have increased by 13% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lake Station, IN

Rent prices in Lake Station vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Station is $1,287, whereas a house costs $1,425. 1-bedroom apartments in Lake Station run $995 on average, while 2-bedroom apartments are $1,399.

Listings

Studio

$989

-

-

1 bedroom

$923

No Change

16%

2 bedroom

$1,295

No Change

8%

3 bedroom

$1,400

No Change

3%

4 bedroom

$1,600

No Change

33%

Studio

Average rent

$989

1 bedroom

Average rent

$923

Last year

16%

2 bedroom

Average rent

$1,295

Last year

8%

3 bedroom

Average rent

$1,400

Last year

3%

4 bedroom

Average rent

$1,600

Last year

33%

The table above reflects average rent prices in Lake Station, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Station, IN compare to other cities?

Compare median rent prices in Lake Station and Chesterton by all bedroom counts and property types.

Lake Station

Median rent price$1,350
decreased by29%

lower than the national median

Median rent price$1,295
decreased by32%

lower than the national median

Takeaway

The median rent for all rentals in Lake Station, IN is 4% higher than the median rent in Chesterton, IN.

Discover rentals in Lake Station, IN

3740 Crown Ct - Photo 1 of 1

2h ago

Apartment for rent in Lake Station

3740 Crown Ct, Lake Station, IN 46405

2 beds

1 bath

$995

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
3504 E 21st Pl - Photo 1 of 1

5d+ ago

House for rent in Lake Station

3 beds

1 bath

$1,595

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lake Station, IN

Quick answers to common questions about the Lake Station rental market.

How much is rent in Lake Station?

The average rent in Lake Station is $1,350 per month as of October 24, 2026.

Is rent up or down in Lake Station?

Average rent prices in Lake Station have decreased by 4% over the last month and have increased by 13% since last year.

How does Lake Station rent compare to the national average?

Rent in Lake Station is 29% below the national average, which means renters are paying approximately $550 less per month.

What salary do I need to afford rent in Lake Station?

To comfortably afford rent in Lake Station, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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