Schererville, IN Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Schererville is $1,314, a 0.95% increase compared to the previous year, when the average rent was $1,302.
One-bedroom apartments provide 819 square feet for $1,150, balancing privacy and affordability.
Two-beedroom units at $1,453 offer 1,050 square feet, perfect for roommates or small families.
Average rent in Schererville, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,314 | 944 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,150 | 819 sq. ft. |
| 2 Beds | $1,453 | 1,050 sq. ft. |
| 3 Beds | n/a | n/a |
Schererville, IN rent trends
Rental prices in Schererville, IN have increased by 0.95% over the past year. The average rent moved from $1,302 to $1,314.
What's the typical rent budget in Schererville, IN?
The largest share of rentals in Schererville, IN (95%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Schererville, IN?
2,425 or 20% of the households in Schererville, IN are renter-occupied while 9,608 or 80% are owner-occupied.
How Schererville Compares to Other Cities
| City | Average Rent |
|---|---|
| Schererville | $1,314 |
| Hammond | $1,235 |
| Jeffersonville | $1,231 |
| New Albany | $1,106 |
| Greenwood | $1,358 |
| Indianapolis | $1,253 |
| South Bend | $1,310 |
| Fort Wayne | $1,143 |
| Evansville | $1,016 |
| Lafayette | $1,174 |
| Bloomington | $1,579 |
| Riverdale, IL | $1,228 |
| Lansing, IL | $1,272 |
| Matteson, IL | $2,367 |
| Chicago Heights, IL | $1,136 |
| Gary, IN | $948 |
| Merrillville, IN | $1,346 |
| Hobart, IN | $1,328 |
| Crown Point, IN | $1,619 |
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 Schererville 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.