The average rent in Lowell, IN is $1,417.
In Lowell, 16% of the residents are renting compared to 84% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Lowell's rentals, 69% are small-scale complexes with under 50 units, and 31% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lowell are about 18 years old, on average. Of these, all have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Lowell come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 29% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Lowell. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Lowell, Indiana is situated in the northern part of the state, approximately 50 miles southeast of Chicago, Illinois, making it an attractive location for those who prefer a quieter lifestyle but still require proximity to a major city. The town benefits significantly from the agricultural and manufacturing sectors, which remain central to its economic landscape.
For outdoor enthusiasts, Lowell offers several recreational areas such as the expansive Lowell Memorial Forest and the scenic Evergreen Lake, providing opportunities for hiking, fishing, and boating. The arts are celebrated through local events like the Lowell Labor Day Weekend Festival, which features crafts, parades, and live music. The town’s historical roots are evident in its preserved downtown area and the annual Buckley Homestead Fall Festival, which showcases historical farming techniques and lifestyles.
Cuisine in Lowell reflects its Midwestern roots with a number of American diners and barbecue restaurants. Additionally, there are several Mexican and Italian dining options that add to the local flavor. Educationally, Lowell is served by the Tri-Creek School Corporation, which offers a range of educational programs and has been noted for its commitment to technology integration in the classroom.
The rental market in Lowell features a mix of modern apartment complexes and traditional single-family homes, catering to a diverse range of preferences. Architectural styles in the area typically include ranch-style homes and classic American bungalows, particularly in residential neighborhoods such as Bel Air and Crestview.
Downtown Lowell is attractive for young professionals due to its proximity to local businesses and cultural events. On the other hand, neighborhoods like Oakwood and Springwood are more appealing to families, offering spacious properties with yards and convenient access to schools and parks. Rental properties often come with amenities like attached garages and are situated near essential services, making them practical for a variety of renters.
The main shopping hub in Lowell is the Lowell Plaza Shopping Center, which hosts a range of retail stores, services, and dining options. For a more unique shopping experience, the historic downtown area offers specialty shops featuring handmade goods, antiques, and local art.
Grocery shopping is primarily serviced by major chains such as Strack & Van Til and additional local markets that offer fresh produce and household essentials. These local establishments are particularly appreciated for their friendly service and community-focused atmosphere.
Public transportation options in Lowell are somewhat limited, reflecting its small-town character. Residents typically rely on personal vehicles to navigate the area and commute to work. However, the town is served by several major roads including Interstate 65 and Route 2, facilitating travel to and from nearby cities like Chicago.
For longer journeys, the nearest airport is Chicago Midway International Airport, located about an hour away by car, providing regional and international flights. While Lowell does not have its own public transit system, there are regional bus services that connect to larger transport networks in neighboring towns and cities.
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