Gary, IN Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Gary is $990, a 7% increase compared to the previous year, when the average rent was $925.
One-bedroom apartments provide 594 square feet for $951, balancing privacy and affordability.
Two-beedroom units at $981 offer 768 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,115 sq ft) for $1,224, suitable for larger households.
Average rent in Gary, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $990 | 750 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $951 | 594 sq. ft. |
| 2 Beds | $981 | 768 sq. ft. |
| 3 Beds | $1,224 | 1,115 sq. ft. |
Gary, IN rent trends
Rental prices in Gary, IN have increased by 7% over the past year. The average rent moved from $925 to $990.
What's the typical rent budget in Gary, IN?
The largest share of rentals in Gary, IN (59%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Gary, IN?
14,438 or 53% of the households in Gary, IN are renter-occupied while 12,994 or 47% are owner-occupied.
Average Rent in Gary, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Ambridge Mann | $894 |
| Midtown Gary | $892 |
Gary | Rent Comparison by Neighborhood
Rent in Ambridge Mann is 1% higher than in Midtown Gary
Ambridge Mann rent is 10% lower than Gary average
Midtown Gary rent is 10% lower than Gary average
How Gary Compares to Other Cities
| City | Average Rent |
|---|---|
| Gary | $990 |
| Indianapolis | $1,266 |
| Bloomington | $1,699 |
| Evansville | $1,035 |
| New Albany | $1,121 |
| Fort Wayne | $1,161 |
| Hammond | $1,288 |
| Jeffersonville | $1,246 |
| South Bend | $1,389 |
| Lafayette | $1,180 |
| Fishers | $1,640 |
| Crown Point | $1,595 |
| Merrillville, IN | $1,416 |
| Hobart, IN | $1,337 |
| Valparaiso, IN | $1,404 |
| Lansing, IL | $1,315 |
| Portage, IN | $1,361 |
| Calumet City, IL | $1,178 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Gary apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.