Studio Apartment Rent in Lake Station, IN
Median asking rent for a studio apartment in Lake Station, Indiana as of July 2026. That's +39% lower than the citywide median of $1,450 and +31% below the national studio median of $1,290.
Income needed for a studio 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 studio 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 studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Frankfort | $517 |
| 2 | Crawfordsville | $644 |
| 3 | Marion | $650 |
| 4 | East Chicago | $670 |
| 5 | Michigan City | $700 |
| 6 | Richmond | $710 |
| 7 | Delphi | $720 |
| 8 | Angola | $730 |
| 9 | New Castle | $730 |
| 10 | Muncie | $735 |
| 11 | Mishawaka | $740 |
| 12 | Logansport | $770 |
| 13 | South Bend | $775 |
| 14 | Kokomo | $780 |
| 15 | Evansville | $792 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Lake Station.
| City | Distance | Studio rent | vs Lake Station |
|---|---|---|---|
| Hobart, IN | 4.1 mi | $880 | $-10 (-1%) |
| Portage, IN | 5.7 mi | $870 | $-20 (-2%) |
| Gary, IN | 6.5 mi | $840 | $-50 (-6%) |
| Merrillville, IN | 8.2 mi | $1,030 | +$140 (+16%) |
| Crown Point, IN | 12.6 mi | $990 | +$100 (+11%) |
| Highland, IN | 13.6 mi | $1,000 | +$110 (+12%) |
| East Chicago, IN | 14.1 mi | $670 | $-220 (-25%) |
| Valparaiso, IN | 15.5 mi | $930 | +$40 (+4%) |
| Munster, IN | 16.7 mi | $1,040 | +$150 (+17%) |
| Lansing, IL | 19.9 mi | $1,270 | +$380 (+43%) |
| Calumet City, IL | 20.2 mi | $1,180 | +$290 (+33%) |
| Dolton, IL | 23.5 mi | $1,600 | +$710 (+80%) |
Studio rent in Lake Station — common questions
How much is a studio apartment in Lake Station?
As of July 2026, the median studio apartment rent in Lake Station, Indiana is $890 per month. This is +39% below the citywide median of $1,450.
What income do you need to afford a studio in Lake Station?
Using the standard 30% rent-to-income rule, you would need an annual income of about $35,600 ($2,967/month gross), which works out to roughly $17.12/hour at a full-time job.
Is Lake Station expensive for a studio compared to the rest of the US?
Lake Station's studio median of $890 is +31% below the national studio median of $1,290. It ranks in the 18th percentile of US cities tracked.
How does Lake Station rank for studio rent in Indiana?
Among the 63 cities in Indiana with studio data, Lake Station ranks #29 from cheapest to most expensive.
Are there cheaper studio options near Lake Station?
Yes — nearby cities with cheaper studio rents include Hobart ($880), Portage ($870), Gary ($840).