Merrillville, Lake County, IN Housing Trends, Rent, Price-to-Rent

Market Summary

Merrillville, Lake County, IN

Median Home Price Price

$236,370 $236.4K

Median Monthly Rent Rent

$1,497 $1.5K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Merrillville, IN is $1,497, with MoM change +$9 and YoY change +$46 pointing to positive momentum while volatility is low (std $9).

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Metric

Base market Merrillville, IN

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Delta vs base

Median rent

$1,497

N/A

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Median price

$236,370

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YoY change

+$46

N/A

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Price-to-rent

13.2x

Data unavailable

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