Rent in Merrillville, IN
Across Merrillville's 2 ZIP codes, a 2-bedroom typically rents for about $1,506 a month, with figures from $1,420–$1,760. The highest typical rent is in 46410 ($1,591) and the lowest in 46411 ($1,420). 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,190 | $1,110–$1,380 | 2 |
| 1 bed | $1,225 | $1,110–$1,450 | 2 |
| 2 beds | $1,506 | $1,420–$1,760 | 2 |
| 3 beds | $1,767 | $1,465–$2,140 | 2 |
| 4 beds | $2,115 | $1,890–$2,340 | 2 |
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).
Merrillville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Merrillville, IN?
- About $1,506 a month: the median of the typical rents in 2 ZIP codes, which range from $1,420–$1,760. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Merrillville, IN?
- About $1,225 a month: the median of the typical rents in 2 ZIP codes, which range from $1,110–$1,450. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Merrillville, IN?
- About $1,767 a month: the median of the typical rents in 2 ZIP codes, which range from $1,465–$2,140. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Merrillville, IN?
- About $1,190 a month: the median of the typical rents in 2 ZIP codes, which range from $1,110–$1,380. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Merrillville, IN?
- About $2,115 a month: the median of the typical rents in 2 ZIP codes, which range from $1,890–$2,340. Figures are gross rent (rent plus tenant-paid utilities).
- Which Merrillville ZIP code has the highest rent?
- For a 2-bedroom, 46410 has the highest typical rent at $1,591 a month, and 46411 the lowest at $1,420.
- What is the property tax rate in Merrillville, 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 Merrillville 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).