RentDataNowRentDataNow
City Report · IN

Munster

Pop. 23,733·5th most expensive in Indiana·Rental market data updated monthly for Munster, IN
Median rent (all units)
$1,987/mo
Year-over-Year
Stable
Month-over-Month
+3.4%
vs US Median
+$25
Rising (Monthly)
Be the first to discuss Munster rents ↓
Most AffordableMost Expensive
Munster · $1,987
More expensive than 58% of US cities · National median $1,962/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,987/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$79,000/yr
Local median income
$110,187/yr
Based on the 30%-of-income rule using Munster's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,190
2 BR
$1,450
3 BR
$1,790
4 BR+
$1,920
Fair Market Rent (HUD)
$1,450/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,987 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost
$23,844/yr
At $1,987/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +3.4% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Munster, IN is majority owner-occupied, has a large retiree population, has a median income above the national average, 49.9% of residents hold a bachelor's degree or higher.

Population
23,733
Median income
$110,187
Median age
45
Renters
13%
Age distribution
19.5%
17.6%
27.1%
15%
20.7%
Under 1819.5%
18–3417.6%
35–5427.1%
55–6415%
65+20.7%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
72.2%
14.5%
White72.2%
Black7.4%
Hispanic14.5%
Asian6.3%
Education (25+)
22.3%
23.6%
49.9%
No HS diploma4.2%
HS diploma22.3%
Some college23.6%
Bachelor's+49.9%
Housing tenure
87%
13%
Owner87%
Renter13%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Munster, IN has changed in 5 years

Income
$96,938 → $110,187
up 13.7%
Population
23,717 → 23,733
up 0.1%
Renter share
13.6% → 13%
-0.6 pts
Bachelor's+
45.9% → 49.9%
+4.0 pts

On the earnings side, the typical household in Munster, IN now reports about $110,187, up from $96,938 in 2021. College-educated residents now make up 49.9% of adults here, versus 45.9% in 2021.

Community

Discussions about Munster

No discussions yet. Start the conversation.

View Munster rent history (2015–2026) →
Salary vs rent

Can you afford rent in Munster on your salary?

At $1,987/mo, how Munster rent compares to typical pay (30% rule).

By apartment size

Munster rent by bedroom count

Median rent for each apartment size in Munster. Click any size for full breakdown.

Local insights

Tips for renters in Munster

About renting in Munster, IN

Last updated: August 17, 2026

The median rent in Munster is $1,987/mo as of August 2026. A studio apartment averages $1,040/mo while a 2-bedroom runs $1,450/mo. One-bedroom apartments average $1,190/mo and 3-bedroom units go for $1,790/mo.

At 22% of local median household income ($110,187/yr), Munster ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Munster an affordable city for renters?

Munster is considered very affordable for renters. At $1,987/mo, rent takes approximately 22% of the local median household income ($110,187/yr). The standard benchmark is 30%. Munster falls comfortably within that range.

How much income do you need to rent in Munster?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,987/mo in Munster. The local median household income is $110,187/yr, meaning the typical Munster household meets that threshold.

Is rent going up or down in Munster?

Rent in Munster has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Munster rent compare to other cities in Indiana?

Munster is one of the pricier cities in Indiana for rent, ranking #5 out of 62 tracked cities at $1,987/mo.

Which nearby cities are cheaper to rent in than Munster?

Several nearby cities have lower median rents than Munster ($1,987/mo): Hammond ($1,500/mo), Calumet City ($1,577/mo), Highland ($1,594/mo).

What percentage of Munster residents rent vs. own?

According to Census data, approximately 13% of Munster households are renters, while 87% are owner-occupied. Munster leans toward homeownership, which can mean a smaller rental inventory.

How does Munster rent compare to the national average?

Munster's median rent of $1,987/mo is $25 (1%) above the US national median of $1,962/mo. Within Indiana, it ranks #5 out of 62 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,987/mo, rent takes ~22% of Munster's median household income ($110,187/yr). The standard benchmark is 30%.

Munster 22%Benchmark 30%
State income tax3.05%
Run the Munster affordability calculator →
Lowest-rent ZIP codes in Munster
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Munster, IN

Recent submissions

Be the first to submit your rent for Munster.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google