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
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10029 Kennedy Ave
1 to 2 Bedroom Apartments

10029 Kennedy Ave

10029 Kennedy AveHighland, IN 46322
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Showing Results 1-24, 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. 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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Cedar Lake, IN

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.