4+ Bedroom Apartment Rent in Schererville, IN
Median asking rent for a 4+ bedroom apartment in Schererville, Indiana as of August 2026. That's +9% lower than the citywide median of $1,987 and +29% below the national 4+ bedroom median of $2,522.
Income needed for a 4+ 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 4+ bedroom at the current median rent.
Rent by apartment size in Schererville
Compare Schererville's median rent across every apartment size.
Cheapest cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | East Chicago | $1,230 |
| 2 | New Castle | $1,250 |
| 3 | Angola | $1,290 |
| 4 | Crawfordsville | $1,299 |
| 5 | Richmond | $1,350 |
| 6 | Marion | $1,370 |
| 7 | La Porte | $1,394 |
| 8 | Kokomo | $1,395 |
| 9 | Elkhart | $1,400 |
| 10 | Terre Haute | $1,430 |
| 11 | Mishawaka | $1,440 |
| 12 | Goshen | $1,460 |
| 13 | Muncie | $1,485 |
| 14 | Michigan City | $1,490 |
| 15 | Warsaw | $1,490 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 4+ bedroom rents than Schererville.
| City | Distance | 4+ Bedroom rent | vs Schererville |
|---|---|---|---|
| Highland, IN | 3.8 mi | $1,840 | +$40 (+2%) |
| Munster, IN | 5.4 mi | $1,920 | +$120 (+7%) |
| Gary, IN | 7.9 mi | $1,550 | $-250 (-14%) |
| Merrillville, IN | 8 mi | $1,910 | +$110 (+6%) |
| Lansing, IL | 8.7 mi | $2,310 | +$510 (+28%) |
| Crown Point, IN | 10.4 mi | $1,830 | +$30 (+2%) |
| East Chicago, IN | 10.7 mi | $1,230 | $-570 (-32%) |
| Calumet City, IL | 11 mi | $2,160 | +$360 (+20%) |
| Dolton, IL | 14 mi | $2,910 | +$1,110 (+62%) |
| Lake Station, IN | 14.1 mi | $1,640 | $-160 (-9%) |
| Hobart, IN | 14.2 mi | $1,620 | $-180 (-10%) |
| Homewood, IL | 15.6 mi | $2,560 | +$760 (+42%) |
4+ Bedroom rent in Schererville — common questions
How much is a 4+ bedroom apartment in Schererville?
As of August 2026, the median 4+ bedroom apartment rent in Schererville, Indiana is $1,800 per month. This is +9% below the citywide median of $1,987.
What income do you need to afford a 4+ bedroom in Schererville?
Using the standard 30% rent-to-income rule, you would need an annual income of about $72,000 ($6,000/month gross), which works out to roughly $34.62/hour at a full-time job.
Is Schererville expensive for a 4+ bedroom compared to the rest of the US?
Schererville's 4+ bedroom median of $1,800 is +29% below the national 4+ bedroom median of $2,522. It ranks in the 20th percentile of US cities tracked.
How does Schererville rank for 4+ bedroom rent in Indiana?
Among the 62 cities in Indiana with 4+ bedroom data, Schererville ranks #30 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Schererville?
Yes — nearby cities with cheaper 4+ bedroom rents include Gary ($1,550), East Chicago ($1,230), Lake Station ($1,640).