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Newest Homes for Rent in Dyer, IN

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  • /10

    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
  • /21

    $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
  • /29

    $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

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