Studio Rent · March 2026

Studio Apartment Rent in Schererville, IN

$980/mo

Median asking rent for a studio apartment in Schererville, Indiana as of March 2026. That's +32% lower than the citywide median of $1,449 and +24% below the national studio median of $1,290.

Studio median
$980
March 2026
vs city overall
-32%
$1,449 city median
vs national
-24%
$1,290 US median
Indiana rank
#44
of 67 cities

Income needed for a studio 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 studio at the current median rent.

Annual income
$39,200
Monthly gross
$3,267
Hourly (full-time)
$18.85

Rent by apartment size in Schererville

Compare Schererville's median rent across every apartment size.

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

Cheapest cities for a studio in Indiana

#CityStudio rent
1Crawfordsville$624
2Marion$650
3East Chicago$670
4Michigan City$700
5Richmond$710
6Delphi$720
7Angola$730
8New Castle$730
9Muncie$735
10Mishawaka$740
11Greencastle$750
12Logansport$770
13South Bend$775
14Kokomo$780
15Evansville$792

Most expensive cities for a studio in Indiana

#CityStudio rent
1Zionsville$1,390
2Whitestown$1,330
3Carmel$1,327
4McCordsville$1,210
5Lawrence$1,205
6Avon$1,190
7Westfield$1,180
8Fishers$1,170
9Brownsburg$1,120
10Sellersburg$1,100
11Granger$1,070
12Noblesville$1,050
13Columbus$1,045
14Munster$1,040
15Plainfield$1,030

Nearby cities — studio rent

Considering nearby alternatives? 4 of these cities have cheaper studio rents than Schererville.

CityDistanceStudio rentvs Schererville
Highland, IN3.8 mi$1,000+$20 (+2%)
Munster, IN5.4 mi$1,040+$60 (+6%)
Gary, IN7.9 mi$840$-140 (-14%)
Merrillville, IN8 mi$1,030+$50 (+5%)
Lansing, IL8.7 mi$1,270+$290 (+30%)
Chicago Heights, IL9.8 mi$1,170+$190 (+19%)
Crown Point, IN10.4 mi$990+$10 (+1%)
East Chicago, IN10.7 mi$670$-310 (-32%)
Calumet City, IL11 mi$1,180+$200 (+20%)
Dolton, IL14 mi$1,600+$620 (+63%)
Lake Station, IN14.1 mi$890$-90 (-9%)
Hobart, IN14.2 mi$880$-100 (-10%)

Studio rent in Schererville — common questions

How much is a studio apartment in Schererville?

As of March 2026, the median studio apartment rent in Schererville, Indiana is $980 per month. This is +32% below the citywide median of $1,449.

What income do you need to afford a studio in Schererville?

Using the standard 30% rent-to-income rule, you would need an annual income of about $39,200 ($3,267/month gross), which works out to roughly $18.85/hour at a full-time job.

Is Schererville expensive for a studio compared to the rest of the US?

Schererville's studio median of $980 is +24% below the national studio median of $1,290. It ranks in the 27th percentile of US cities tracked.

How does Schererville rank for studio rent in Indiana?

Among the 67 cities in Indiana with studio data, Schererville ranks #44 from cheapest to most expensive.

Are there cheaper studio options near Schererville?

Yes — nearby cities with cheaper studio rents include Gary ($840), East Chicago ($670), Lake Station ($890).

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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 (March 2026) and exclude cities with median rent below $400 or above $20,000.