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Rent in East Chicago, IN

A 2-bedroom in East Chicago, IN (ZIP 46312) typically rents for about $1,012 a month, with a range of $884–$1,140. Owner-occupied homes in Lake County pay about 0.92% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in East Chicago, IN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$703$516–$8901
1 bed$940$940–$1,1761
2 beds$1,012$884–$1,1401
3 beds$1,250$1,109–$1,3901
4 beds$1,576$1,510–$1,6411

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

East Chicago ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in East Chicago, IN?
About $1,012 a month: the median of the typical rents in 1 ZIP code, which range from $884–$1,140. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in East Chicago, IN?
About $940 a month: the median of the typical rents in 1 ZIP code, which range from $940–$1,176. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in East Chicago, IN?
About $1,250 a month: the median of the typical rents in 1 ZIP code, which range from $1,109–$1,390. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in East Chicago, IN?
About $703 a month: the median of the typical rents in 1 ZIP code, which range from $516–$890. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in East Chicago, IN?
About $1,576 a month: the median of the typical rents in 1 ZIP code, which range from $1,510–$1,641. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in East Chicago, IN?
Owner-occupied homes in Lake County pay a typical 0.92% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these East Chicago rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).