
Cheap Apartments for Rent in Cedar Lake, MI from $300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Cedar Lake.


Cranbrook Terrace - Senior Community

Wright Ave Apartments

Rivers Edge Apartments

Mary Court Place Apartments

Corning Apartments

Timber Creek Apartments

Countryside Apartments (Countryside Apts LLC)
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.

Chase Run Apartments

Rockway Village (Shepherd 33 LLC)

Oak Tree Village Apartments

The Forum Apartments

Park Place Apartments

Cambridge Terrace

Canterbury East Apartments

Hillcrest Apartments
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.

Arboretum Apartment Homes

Maplewood Square Apartments

Autumn Ridge Apartments

Carriage House Apartments

1820 South Apartments

Birchwood Garden Apartments

Broadway Lofts

Wellington Apartments
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.

Belleview Place

Gaylord Street Apartments

Lakeview Mobile Home Park

Brookwood Manor

810 S University Ave

Shepley Apartments

Woodside Apartments

501 S University Ave
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.

Bridge Street North

1021 S Mission St

Linden Apartments

Lyons Lofts

620 E Gaylord St

2921 Depot St

121 S Clay St

19670 Park Rd
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.

110 Tara Ct
Cedar Lake, MI Local Guide

How much does it cost to rent an apartment in Cedar Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cedar Lake Studio Apartments | $1,046 | $1,046 | $1,046 |
| Cedar Lake 1 Bedroom Apartments | $1,053 | $543 | $1,700 |
| Cedar Lake 2 Bedroom Apartments | $994 | $439 | $1,900 |
| Cedar Lake 3 Bedroom Apartments | $1,028 | $540 | $1,695 |
| Cedar Lake 4 Bedroom Apartments | $926 | $370 | $2,396 |
Browse Top Apartments in Cedar Lake
See all Apartments in Cedar LakeExplore Cedar Lake
Cedar Lake, MI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Cedar Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Cedar Lake, MI is a 1 Bed unit found at Cranbrook Terrace - Senior Community priced from $543. Wright Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Cedar Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cranbrook Terrace - Senior Community | One Bedroom | 1BR,1BA | $543 |
| Wright Ave Apartments | One Bedroom | 1BR,1BA | $600 |
| Rivers Edge Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Corning Apartments | 1 Bedroom | 1BR,1BA | $750 |
| Mary Court Place Apartments | Townhome | 2BR,1BA | $750 |
| Shepley Apartments | One Bedroom | 1BR,1BA | $780 |
| Countryside Apartments (Countryside Apts LLC) | Countryside Apartments - One Bedroom *WAITLIST ... | 1BR,1BA | $800 |
| Timber Creek Apartments | Two Bedroom | 2BR,1BA | $810 |
| Rockway Village (Shepherd 33 LLC) | Rockway Village - One Bedroom - WAITLIST ONLY | 1BR,1BA | $825 |
| Oak Tree Village Apartments | One Bedroom Garden | 1BR,1BA | $850 |
Best Value Apartments for Rent in Cedar Lake, MI and Nearby
As of April 24, 2026 the best value apartment in the Cedar Lake area is the $0.28 price per square foot 4x2 Model at Oakwood Townhomes in the starting from $469. The second greatest value Cedar Lake apartment is the 4BR/4BA - Cottage Model at Campus Creek Cottages starting at $599 with a $0.37 price per square foot . 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. |
|---|---|---|---|
| Oakwood Townhomes | 4x2 | 4BR,2.5BA | $0.28 |
| Campus Creek Cottages | 4BR/4BA - Cottage | 4BR,4BA | $0.37 |
| College Town Apartments | 4BR/4BA - A | 4BR,4BA | $0.33 |
| Appian Way Apartments | Townhome | 4BR,2BA | $0.30 |
| Arboretum Apartment Homes | Three Bedroom Two Bath | 3BR,2BA | $1.05 |
| Campus Creek Townhomes | 2BR/2BA - Townhome Super | 4BR,2BA | $0.81 |
| Timber Creek Apartments | Three Bedroom | 3BR,1BA | $1.06 |
| The Edge at 1815 - Student Housing | Two Bedroom Two Bath Apartment *Per Person Rates | 2BR,2BA | $0.51 |
| Mary Court Place Apartments | Townhome | 2BR,1BA | $0.88 |
| Cranbrook Terrace - Senior Community | One Bedroom | 1BR,1BA | $0.87 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cedar Lake, MI Rentals by Map
See the most popular apartments and homes in Cedar Lake, MI
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 $543 at Cranbrook Terrace - Senior Community.
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 $663 at Cranbrook Terrace - Senior Community.
What is the most affordable Cedar Lake Three Bedroom Apartment?
The best deal on a cheap Cedar Lake Three Bedroom Apartment rental is at Timber Creek Apartments and starts from $975.
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

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.

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.