Cheap Homes for Rent in Cedar Lake, IN from $2,000 (8 Rentals)

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Cheap Homes in Cedar Lake.

property at 13524 Knight St

13524 Knight St

Cedar LakeIN46303

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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 Downtown Park Forest neighborhood priced from $750. Chelsea Garden in the Fairmeadow neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Cedar Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
Chelsea GardenStudio, 1 bathStudio,1BA$900
Birchwood ApartmentsOne Bedroom1BR,1BA$930

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

As of May 05, 2025 the best value apartment in the Cedar Lake area is the $1.42 price per square foot 1050 Model at Sherwood Lake Apartments in the in the West Lakes neighborhood starting from $1,490. The second greatest value Cedar Lake apartment is the 2BR/ 1BA Model at Meadowlane Apartments starting at $1,120 with a $1.08 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.
Sherwood Lake Apartments10502BR,1BA$1.42
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Maple Leaf Apartments2.2C2BR,2BA$1.28
Farmer2x1A2BR,1BA$1.46
333 Kristie Ct1 Bedroom1BR,1BA$1.06
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.37
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$1.27
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$1.34
The Ridge ApartmentsFir1BR,1BA$1.50
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43

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Frequently Asked Questions about Cedar Lake

What type of rentals are currently available in Cedar Lake?

There are currently 42 Apartments for Rent in Cedar Lake, IN with pricing that ranges from $750 to $4,210. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Lake ranging from $2,000 to $3,900.

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 $2,000 to $3,900 with an average monthly rent of $2,741.

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 $1,385 to $3,792, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,175. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,115.

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 Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.