Cheap Apartments for Rent in 46402
25 rentals
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Use arrow keys to navigate$926 - $1,580/mo
1-4 Beds
1 BathGary Nsa III (Affordable Housing; Income Limit Restrictions Apply) | 501 Madison St #20126520,
Gary, IN 46402
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Apartments For Rent Near 46402
We found 30 more apartments matching your filters just outside 46402
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Average Rent Trends in 46402
Rent in 46402 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,350 |
| Jul 2025 | $1,300 |
| Aug 2025 | $1,200 |
| Sep 2025 | $1,350 |
| Oct 2025 | $1,300 |
| Nov 2025 | $1,350 |
| Dec 2025 | $1,350 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,250 |
| Apr 2026 | $1,250 |
| May 2026 | $1,400 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $926 | $1,024 | $1,450 | $1,500 | $1,400 |
| Apartments and Condos | — | $900 | $1,400 | — | $1,400 |
| Houses | $1,000 | $1,250 | $1,700 | $1,350 | $1,500 |
Frequently Asked Questions about Rentals in 46402
- What is the average rent of an apartment in 46402?The average rent of an apartment in 46402 is $1,066 per month. This is about 45% lower than the national average.
- What is the average rent of a house in 46402?The average rent of a house in 46402 is $1,500 per month. This is about 22% lower than the national average.
- When is the average rent cheapest in 46402?In the last year, the average rent in 46402 was lowest in Feb 2025 when it was $1,195 per month.
- When is the average rent most expensive in 46402?In the last year, the average rent in 46402 was highest in May 2025 when it was $1,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46402?The average rent of a 1 bedroom apartment in 46402 is $926 per month. That is about $51 more than the cost of a studio apartment.
- How many available rental listings are in 46402?There are 27 available rental listings in 46402.
- What are some cities near 46402?Some nearby cities include: Gary, Lake Station, New Chicago, Ogden Dunes, East Chicago, Griffith. These cities may have more rental options to explore.