Studio Apartment Rent in Schererville, IN
Median asking rent for a studio apartment in Schererville, Indiana as of August 2026. That's +51% lower than the citywide median of $1,987 and +24% below the national studio median of $1,290.
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.
Rent by apartment size in Schererville
Compare Schererville's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Crawfordsville | $598 |
| 2 | Marion | $650 |
| 3 | East Chicago | $670 |
| 4 | Michigan City | $700 |
| 5 | Richmond | $710 |
| 6 | Angola | $730 |
| 7 | New Castle | $730 |
| 8 | Muncie | $735 |
| 9 | Mishawaka | $740 |
| 10 | South Bend | $775 |
| 11 | Kokomo | $780 |
| 12 | Evansville | $792 |
| 13 | Anderson | $793 |
| 14 | Terre Haute | $803 |
| 15 | Lafayette | $810 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Schererville.
| City | Distance | Studio rent | vs Schererville |
|---|---|---|---|
| Highland, IN | 3.8 mi | $1,000 | +$20 (+2%) |
| Munster, IN | 5.4 mi | $1,040 | +$60 (+6%) |
| Gary, IN | 7.9 mi | $840 | $-140 (-14%) |
| Merrillville, IN | 8 mi | $1,030 | +$50 (+5%) |
| Lansing, IL | 8.7 mi | $1,270 | +$290 (+30%) |
| Crown Point, IN | 10.4 mi | $990 | +$10 (+1%) |
| East Chicago, IN | 10.7 mi | $670 | $-310 (-32%) |
| Calumet City, IL | 11 mi | $1,180 | +$200 (+20%) |
| Dolton, IL | 14 mi | $1,600 | +$620 (+63%) |
| Lake Station, IN | 14.1 mi | $890 | $-90 (-9%) |
| Hobart, IN | 14.2 mi | $880 | $-100 (-10%) |
| Homewood, IL | 15.6 mi | $1,410 | +$430 (+44%) |
Studio rent in Schererville — common questions
How much is a studio apartment in Schererville?
As of August 2026, the median studio apartment rent in Schererville, Indiana is $980 per month. This is +51% below the citywide median of $1,987.
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 25th percentile of US cities tracked.
How does Schererville rank for studio rent in Indiana?
Among the 61 cities in Indiana with studio data, Schererville ranks #39 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).