
Cheap Homes for Rent in Cedar Lake, IN from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Cedar Lake.


111 Harrington Ave

824 W 59th Pl

321 N Elmer St

7363 Bigger St

1621 Magnolia Ave
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.

32 Meadowlark Ln

73 Meadowlark Ln

3782 W 73rd Pl

2029 215th Pl

354 E 60th Dr

514 E Dahlgren St
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.

17 Meadowlark Ln
Cedar Lake, IN Local Guide

How much does it cost to rent a home in Cedar Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cedar Lake 2 Bedroom Homes for Rent | $1,870 | $1,475 | $2,800 |
| Cedar Lake 3 Bedroom Homes for Rent | $2,427 | $1,500 | $5,500 |
| Cedar Lake 4 Bedroom Homes for Rent | $2,603 | $1,600 | $3,275 |
| Cedar Lake 5 Bedroom Homes for Rent | $3,475 | $3,200 | $3,750 |
Browse Top Homes for Rent in Cedar Lake
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Cedar Lake, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crest Apartments | Studio | Studio,1BA | $800 |
| Birchwood Apartments | One Bedroom | 1BR,1BA | $930 |
| The Ridge Apartments | Fir | 1BR,1BA | $975 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1,075 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Cedar Lake, IN and Nearby
As of April 13, 2026 the best value apartment in the Cedar Lake area is the $1.31 price per square foot 2.2A Model at Maple Leaf Apartments in the in the Chapel Manor neighborhood starting from $1,305. The second greatest value Cedar Lake apartment is the 2x2A Model at Tiberon Trails starting at $1,339 with a $1.40 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Maple Leaf Apartments | 2.2A | 2BR,2BA | $1.31 |
| Tiberon Trails | 2x2A | 2BR,2BA | $1.40 |
| ST JAMES SENIOR APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $1.25 |
| Harvest Ridge Apartment Homes | 2X1 | 2BR,1BA | $1.50 |
| Harvest Grove Apartment Homes | 1BD-Deluxe | 1BR,1BA | $1.41 |
| 2100 N Main St | 1 Bed 1 Bath | 1BR,1BA | $1.32 |
| Huntington Cove Apartments | A2E | 1BR,1BA | $1.54 |
| 2045-2151 Meadow Ln | 1 Bed/1 Bath | 1BR,1BA | $1.54 |
| The Ridge Apartments | Fir | 1BR,1BA | $1.50 |
| Birchwood Apartments | One Bedroom | 1BR,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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Cedar Lake, IN
Douglas Macarthur Elementary School
Hanover Central High School
Hanover Central Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cedar Lake, IN Rentals by Map
See the most popular apartments and homes in Cedar Lake, IN
Frequently Asked Questions about Cedar Lake
What type of rentals are currently available in Cedar Lake?
There are currently 46 Apartments for Rent in Cedar Lake, IN with pricing that ranges from $553 to $3,408. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Lake ranging from $850 to $5,500.
What is the current price range for Rental Homes in Cedar Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cedar Lake ranges from $850 to $5,500 with an average monthly rent of $2,120.
How much are larger Three and Four Bedroom Rentals in Cedar Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cedar Lake range from $1,570 to $3,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $3,078.
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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.