City Report · IN

Munster

Pop. 23,733·7th most expensive in Indiana·Rents have been falling, good time to negotiate
Median rent (all units)
$1,922/mo
Year-over-Year
Stable
Month-over-Month
-12.2%
vs US Median
-$43
Falling (Monthly)
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Most AffordableMost Expensive
Munster · $1,922
More expensive than 54% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,922/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$77,000/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
Research median
$1,450/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,064/yr
At $1,922/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -12.2% MoM), not inventory.
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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

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

Can you afford rent in Munster on your salary?

At $1,922/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: July 20, 2026

The median rent in Munster is $1,922/mo as of July 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 21% 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 $1,922/mo, rent takes approximately 21% 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 $77,000/year (~$37/hour full-time) to afford the median rent of $1,922/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 July 2026.

How does Munster rent compare to other cities in Indiana?

Munster is one of the pricier cities in Indiana for rent, ranking #7 out of 65 tracked cities at $1,922/mo.

Which nearby cities are cheaper to rent in than Munster?

Several nearby cities have lower median rents than Munster ($1,922/mo): Hammond ($1,479/mo), Highland ($1,557/mo), Calumet City ($1,629/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 $1,922/mo is $43 (2%) below the US national median of $1,965/mo. Within Indiana, it ranks #7 out of 65 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,922/mo, rent takes ~21% of Munster's median household income ($110,187/yr). The standard benchmark is 30%.

Munster 21%Benchmark 30%
State income tax3.05%
Run the Munster affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Munster, IN

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