2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Schererville, IN

$1,360/mo

Median asking rent for a 2-bedroom apartment in Schererville, Indiana as of August 2026. That's +32% lower than the citywide median of $1,987 and +18% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,360
August 2026
vs city overall
-32%
$1,987 city median
vs national
-18%
$1,655 US median
Indiana rank
#44
of 62 cities

Income needed for a 2-bedroom in Schererville

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 2-bedroom at the current median rent.

Annual income
$54,400
Monthly gross
$4,533
Hourly (full-time)
$26.15

Rent by apartment size in Schererville

Compare Schererville's median rent across every apartment size.

Studio
$980
1-Bedroom
$1,120
2-Bedroom (current)
$1,360
3-Bedroom
$1,680
4+ Bedroom
$1,800

Cheapest cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Crawfordsville$821
2East Chicago$930
3Marion$930
4New Castle$930
5Richmond$940
6Angola$970
7La Porte$978
8Muncie$978
9Kokomo$990
10Michigan City$1,020
11Terre Haute$1,023
12Elkhart$1,055
13Warsaw$1,060
14Evansville$1,068
15Mishawaka$1,085

Most expensive cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Zionsville$1,870
2Whitestown$1,790
3Carmel$1,783
4McCordsville$1,620
5Lawrence$1,620
6Avon$1,600
7Westfield$1,580
8Fishers$1,577
9Granger$1,540
10Brownsburg$1,510
11Sellersburg$1,460
12Munster$1,450
13Merrillville$1,440
14Noblesville$1,415
15Highland$1,390

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Schererville.

CityDistance2-Bedroom rentvs Schererville
Highland, IN3.8 mi$1,390+$30 (+2%)
Munster, IN5.4 mi$1,450+$90 (+7%)
Gary, IN7.9 mi$1,170$-190 (-14%)
Merrillville, IN8 mi$1,440+$80 (+6%)
Lansing, IL8.7 mi$1,530+$170 (+13%)
Crown Point, IN10.4 mi$1,380+$20 (+1%)
East Chicago, IN10.7 mi$930$-430 (-32%)
Calumet City, IL11 mi$1,430+$70 (+5%)
Dolton, IL14 mi$1,930+$570 (+42%)
Lake Station, IN14.1 mi$1,240$-120 (-9%)
Hobart, IN14.2 mi$1,220$-140 (-10%)
Homewood, IL15.6 mi$1,700+$340 (+25%)

2-Bedroom rent in Schererville — common questions

How much is a 2-bedroom apartment in Schererville?

As of August 2026, the median 2-bedroom apartment rent in Schererville, Indiana is $1,360 per month. This is +32% below the citywide median of $1,987.

What income do you need to afford a 2-bedroom in Schererville?

Using the standard 30% rent-to-income rule, you would need an annual income of about $54,400 ($4,533/month gross), which works out to roughly $26.15/hour at a full-time job.

Is Schererville expensive for a 2-bedroom compared to the rest of the US?

Schererville's 2-bedroom median of $1,360 is +18% below the national 2-bedroom median of $1,655. It ranks in the 30th percentile of US cities tracked.

How does Schererville rank for 2-bedroom rent in Indiana?

Among the 62 cities in Indiana with 2-bedroom data, Schererville ranks #44 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Schererville?

Yes — nearby cities with cheaper 2-bedroom rents include Gary ($1,170), East Chicago ($930), Lake Station ($1,240).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Schererville, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.