Cheap Apartments for Rent in Cedar Lake, IN from $500 (41 Rentals)

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Birchwood Apartments
$930 - $1,120
Total Monthly Price

Total Monthly Price

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$930 - $1,120
Total Monthly Price
$930 - $1,120
1 to 2 Bedroom Apartments Available Now

Birchwood Apartments

5790 Grant StMerrillville, IN 46410
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

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

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-41, Page 1 of 1

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. Birchwood Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here is today’s list of the most affordable Cedar Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Crestview Apartments HomesB-StudioStudio,1BA$999
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,075
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
1010 W Pine St1B 1B1BR,1BA$1,175
Chelsea Garden1 Bed, 1 bath1BR,1BA$1,200
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1,202

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

As of April 23, 2026 the best value apartment in the Cedar Lake area is the $1.54 price per square foot 2x1A Model at Farmer in the in the Fairmeadow neighborhood starting from $1,479. The second greatest value Cedar Lake apartment is the 2x2A Model at Tiberon Trails starting at $1,319 with a $1.38 price per square foot in the Liverpool neighborhood. 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.
Farmer2x1A2BR,1BA$1.54
Tiberon Trails2x2A2BR,2BA$1.38
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Hidden CreekBavarian2BR,1BA$1.50
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.41
2100 N Main St1 Bed 1 Bath1BR,1BA$1.32
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.54
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 $930 at Birchwood 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 Brickshire Apartments and starts from $2,082.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.