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Dyer, IN Homes for Rent

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    Starting at $1,450 Per Month

    • 2 Beds

    1028 Harrison Ave, Dyer, IN 46311

    Dyer Indiana is a short ride to downtown Chicago on either the South Shore Line or Amtrak and offers a much lower cost of living. Barberry Apartments offers 2 swimming pools, a pickleball/tennis court, heat and hot water included in your rent and ample parking.

    Barberry Apartments

    (708) 816-2591

    1028 Harrison Ave, Dyer, IN 46311
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    $1,350

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    9121 Sheffield Ave Unit 1, Dyer, IN 46311

    Apartment for Rent — 2 Bed / 1 Bath, Newly Renovated | Dyer, IN (Sheffield Ave)A fully renovated upstairs apartment on a quiet, private 2-acre property shaded by large oak trees — 2.5 miles south of the US-30/Hart Street intersection in Dyer on Sheffield Avenue. The apartment has recently been completely updated throughout — new fixtures, cabinetry, flooring, and appliances. It

    9121 Sheffield Ave Unit 1, Dyer, IN 46311
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    $1,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    136 Matteson St Unit 1st Floor, Dyer, IN 46311

    136 Matteson St Unit 1st Floor, Dyer, IN 46311

Why Live in Dyer

Dyer, Indiana, located 30 miles southeast of Chicago, is a favored spot for commuters seeking a quieter suburban lifestyle while maintaining proximity to the city. Part of the Tri-Town area along with St. John and Schererville, Dyer is the closest to the Illinois border and spans six square miles. The community takes pride in supporting local businesses and participating in annual events like the Dyer Summer Fest, which features carnival rides, games, food vendors, a beer garden, live entertainment, and fireworks. Historic Meyer’s Castle, built in the late 1920s, hosts events such as Cars at the Castle, showcasing an impressive auto exhibit. Residents benefit from convenient healthcare access at Franciscan Saint Margaret Health-Dyer and can reach Chicago Midway International Airport in 37 miles via Illinois Route 394 North or downtown Chicago via Interstate 94 West. The upcoming West Lake Corridor Project will enhance commuter rail options, connecting Dyer to the South Shore Line for easier access to Chicago. Shopping and dining options include Jewel-Osco, Walt’s Food Center, Doc’s Smokehouse Dyer, White Rhino Bar and Grill, and Jelly Pancake House, with additional choices in nearby St. John and Schererville. Housing styles in Dyer range from ranch-style homes and Cape Cods to townhouses and upscale properties in Briar Ridge Country Club. The Lake Central School Corporation serves the area, with highly rated George Bibich Elementary School, Protsman Elementary School, and Kahler Middle School. Outdoor enthusiasts can enjoy Northgate Community Park and Pheasant Hills Park, while Briar Ridge Country Club offers golfing and social events.

Frequently Asked Questions

How much does it cost to rent a home in Dyer, IN?
The median rent for a home in Dyer, IN is $1,425 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Dyer, IN?
To comfortably afford the median rent in Dyer, IN, a household needs to earn roughly $57,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,425 per month in Dyer, IN, renters typically need to show $4,275 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Dyer, IN?
In Dyer, IN, the price-to-rent ratio is 19.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Dyer, IN are best for renting a home?
The best neighborhood for renting in Dyer, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Merrillville and North Merrillville, each with its own character and price range.

Rental Home Trends in Dyer, IN

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,425
Median Single Family Home Rent
$3,500
Median Condo Rent
$1,425
How to Rent a Home