3-Bedroom Apartment Rent in Lake Station, IN
Median asking rent for a 3-bedroom apartment in Lake Station, Indiana as of August 2026. That's +8% lower than the citywide median of $1,670 and +28% below the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Lake Station
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Lake Station
Compare Lake Station's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Indiana
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | New Castle | $1,130 |
| 2 | East Chicago | $1,150 |
| 3 | La Porte | $1,152 |
| 4 | Richmond | $1,160 |
| 5 | Marion | $1,210 |
| 6 | Angola | $1,220 |
| 7 | Terre Haute | $1,233 |
| 8 | Kokomo | $1,245 |
| 9 | Muncie | $1,283 |
| 10 | Michigan City | $1,290 |
| 11 | Warsaw | $1,300 |
| 12 | Evansville | $1,322 |
| 13 | Mishawaka | $1,340 |
| 14 | Lafayette | $1,365 |
| 15 | Elkhart | $1,375 |
Most expensive cities for a 3-bedroom in Indiana
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,430 |
| 2 | Whitestown | $2,330 |
| 3 | Carmel | $2,320 |
| 4 | McCordsville | $2,110 |
| 5 | Lawrence | $2,110 |
| 6 | Avon | $2,080 |
| 7 | Westfield | $2,060 |
| 8 | Fishers | $2,050 |
| 9 | Brownsburg | $1,960 |
| 10 | Granger | $1,910 |
| 11 | Sellersburg | $1,880 |
| 12 | Noblesville | $1,840 |
| 13 | Plainfield | $1,800 |
| 14 | Munster | $1,790 |
| 15 | Crawfordsville | $1,780 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 3-bedroom rents than Lake Station.
| City | Distance | 3-Bedroom rent | vs Lake Station |
|---|---|---|---|
| Hobart, IN | 4.1 mi | $1,500 | $-30 (-2%) |
| Portage, IN | 5.7 mi | $1,490 | $-40 (-3%) |
| Gary, IN | 6.5 mi | $1,443 | $-87 (-6%) |
| Merrillville, IN | 8.2 mi | $1,770 | +$240 (+16%) |
| Crown Point, IN | 12.6 mi | $1,700 | +$170 (+11%) |
| Highland, IN | 13.6 mi | $1,710 | +$180 (+12%) |
| East Chicago, IN | 14.1 mi | $1,150 | $-380 (-25%) |
| Schererville, IN | 14.1 mi | $1,680 | +$150 (+10%) |
| Valparaiso, IN | 15.5 mi | $1,595 | +$65 (+4%) |
| Munster, IN | 16.7 mi | $1,790 | +$260 (+17%) |
| Lansing, IL | 19.9 mi | $1,970 | +$440 (+29%) |
| Calumet City, IL | 20.2 mi | $1,840 | +$310 (+20%) |
3-Bedroom rent in Lake Station — common questions
How much is a 3-bedroom apartment in Lake Station?
As of August 2026, the median 3-bedroom apartment rent in Lake Station, Indiana is $1,530 per month. This is +8% below the citywide median of $1,670.
What income do you need to afford a 3-bedroom in Lake Station?
Using the standard 30% rent-to-income rule, you would need an annual income of about $61,200 ($5,100/month gross), which works out to roughly $29.42/hour at a full-time job.
Is Lake Station expensive for a 3-bedroom compared to the rest of the US?
Lake Station's 3-bedroom median of $1,530 is +28% below the national 3-bedroom median of $2,130. It ranks in the 18th percentile of US cities tracked.
How does Lake Station rank for 3-bedroom rent in Indiana?
Among the 62 cities in Indiana with 3-bedroom data, Lake Station ranks #26 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Lake Station?
Yes — nearby cities with cheaper 3-bedroom rents include Hobart ($1,500), Portage ($1,490), Gary ($1,443).