Cheap Apartments for Rent in Cedar Lake, IN from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cedar Lake.

property at 6909 W 131st Ave

6909 W 131st Ave

Cedar LakeIN46303
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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • Utilities Included
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
  • Utilities Included

Cedar Lake, IN Local Guide

Cheapest Available Cedar Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cedar Lake, IN is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Cedar Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Broadway Crossing Apartments271BR,1BA$1,010

Best Value Apartments for Rent in Cedar Lake, IN and Nearby

As of October 23, 2025 the best value apartment in the Cedar Lake area is the $1.08 price per square foot 2BR/ 1BA Model at Meadowlane Apartments in the in the Liverpool neighborhood starting from $1,120. The second greatest value Cedar Lake apartment is the 970 Model at Sherwood Lake Apartments starting at $1,415 with a $1.46 price per square foot . Here is today’s list of the best values for Cedar Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Sherwood Lake Apartments9702BR,1BA$1.46
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.25
Whitcomb Terrace ApartmentsHartford Open2BR,1BA$1.43
Harvest Ridge Apartment Homes2X12BR,1BA$1.46
Tiberon Trails2x1E2BR,1BA$1.42
Cypress Pointe1 Bedroom, 1 Bath - Deluxe1BR,1BA$1.55
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
The Ridge ApartmentsFir1BR,1BA$1.50

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Getting Around Cedar Lake, IN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Cedar Lake Apartments

How much is rent for a Cheap One Bedroom Cedar Lake Apartment?

The lowest price for a Cheap One Bedroom Cedar Lake Apartment is $811 at St James Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Cedar Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cedar Lake is starting from $1,020 at Birchwood Apartments.

What is the most affordable Cedar Lake Three Bedroom Apartment?

The best deal on a cheap Cedar Lake Three Bedroom Apartment rental is at Broadway Crossing Apartments and starts from $1,885.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.