Rental market snapshot for Merrillville, Indiana

Merrillville, Indiana Rental Property Market Overview

Merrillville, Indiana is a town located in Lake County with a population of 36,524 as of 2021, according to the US Census. It is a vibrant community with a variety of attractions, including shopping, dining, and entertainment. The town is home to a variety of businesses, including retail stores, restaurants, and professional services. Merrillville is also home to a number of parks and recreational areas, making it a great place to live and visit.

The average rent for an apartment in Merrillville is $1,192. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Merrillville Indiana | Cost of Living

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  • The most expensive ZIP code in Merrillville is 46410 with an average price of $1,175.
  • The cheapest ZIP code in Merrillville is 46410 with an average price of $1,175.

Merrillville ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
146410$1,175

Live near Merrillville, Indiana's Top Sights and Attractions

Hidden Lake Park is a popular outdoor destination located in Northwest Indiana. It features a large lake surrounded by lush green forests and rolling hills. Visitors can enjoy a variety of activities such as fishing, boating, swimming, and hiking. There are also several picnic areas, playgrounds, and a nature center. The park is also home to a variety of wildlife, including deer, foxes, and birds.

Heroes Park is a memorial park located in a small town in Indiana. It honors the brave men and women who have served in the United States Armed Forces. The park features a memorial wall with the names of local veterans, a flagpole, and a memorial garden with a variety of plants and flowers. There is also a playground and picnic area for visitors to enjoy. The park is a great place to reflect on the sacrifices made by those who have served our country.

Pruzin Park is a large outdoor recreation area located in the heart of a bustling suburban area. It features a variety of amenities, including a large playground, a walking path, a fishing pond, a basketball court, and a picnic area. The park also has a pavilion and a gazebo, making it a great spot for family gatherings or special events. The park is well-maintained and provides a peaceful and relaxing atmosphere for visitors.

Rosebalm Park is a large outdoor recreation area located in a quiet suburban neighborhood. It features a variety of amenities, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other waterfowl. The park is a great place to spend the day with family and friends, enjoying the natural beauty of the area.

Deep River County Park is a sprawling outdoor recreation area located in northwest Indiana. It features a variety of activities, including hiking, fishing, camping, and picnicking. The park also has a swimming pool, playgrounds, and a disc golf course. There are several trails that wind through the park, offering visitors the chance to explore the natural beauty of the area. The park also has a large lake, perfect for boating and other water activities.

The Erie Lackawanna Trail is a 3.2 mile long paved trail that runs through the town of Merrillville, Indiana. It is a multi-use trail, open to hikers, joggers, cyclists, and rollerbladers. The trail follows the route of the former Erie Lackawanna Railroad, and passes through wooded areas, wetlands, and residential neighborhoods. Along the way, visitors can enjoy views of local wildlife, and take in the sights of the town. The trail is well-maintained and offers plenty of benches and picnic tables for rest stops.

Meadowdale is an outdoor adventure park located in Northwest Indiana. It features a variety of activities, including a zip line, a ropes course, a climbing wall, and a mini-golf course. The park also has a picnic area, a playground, and a lake for fishing and boating. There are also trails for hiking and biking, and a campground for overnight stays.

South Brook Park is a large outdoor recreational area located in Merrillville, Indiana. It features a wide variety of amenities, including a large lake, a playground, a picnic area, a walking trail, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. The lake is stocked with fish, making it a popular spot for fishing. The park is open year-round and is a great place to spend a day outdoors.

Stefek Park is a large outdoor recreational area located in a suburban area of northern Indiana. It features a variety of activities for all ages, including a large playground, a walking path, a basketball court, a sand volleyball court, a picnic area, and a fishing pond. The park also has a pavilion and a gazebo, making it a great spot for special events and gatherings.

Wirtes Park is a large outdoor recreational area located in Northwest Indiana. It features a variety of activities for visitors of all ages, including a playground, walking trails, a fishing pond, and a picnic area. The park also has a large open field perfect for sports and other activities, as well as a pavilion for special events. The park is well-maintained and provides a great place for families to spend time together.

Merrillville, Indiana area median rent change by ZIP code map

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How does Merrillville compare to other cities in Indiana?

citymedian price
Pendleton$1,875
Carmel$1,828
Zionsville$1,795
Danville$1,699
Franklin$1,640
Portage$1,495
Elkhart$925
Rensselaer$675

Average household income in Merrillville area graph - US Census

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The median household income in Merrillville in 2021 was $61,230. This represents a 14.5% change from 2011 when the median was $53,470.

#categorypercent
0Less than $10,0003.2%
1$10,000 to $14,9994.1%
2$15,000 to $19,9997.6%
3$20,000 to $24,9993.0%
4$25,000 to $29,9994.1%
5$30,000 to $34,9996.8%
6$35,000 to $39,9994.2%
7$40,000 to $44,9994.1%
8$45,000 to $49,9993.5%
9$50,000 to $59,9997.2%
10$60,000 to $74,99912.5%
11$75,000 to $99,99915.9%
12$100,000 to $124,9999.3%
13$125,000 to $149,9996.6%
14$150,000 to $199,9994.6%
15$200,000 or more3.2%

Neighborhoods in Merrillville

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Merrillville is $1,192.
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