Cheap Apartments for Rent in Cedar Lake, IN from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cedar Lake.

property at 7212 W 131st Ave

7212 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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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. Tiberon Trails Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Cedar Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
Tiberon Trails ApartmentsStudioStudio,1BA$825
Chelsea GardenStudio, 1 bathStudio,1BA$900
Birchwood ApartmentsOne Bedroom1BR,1BA$930
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$974

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

As of April 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 2 Bedroom, 1 Bath - Standard Model at Cypress Pointe starting at $1,474 with a $1.55 price per square foot in the Downtown Crown Point 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
Cypress Pointe2 Bedroom, 1 Bath - Standard2BR,1BA$1.55
Crestview Apartment HomesK-2BR-1.5B2BR,1.5BA$1.41
Hidden CreekBavarian Partial2BR,1BA$1.48
Meadowlane ApartmentsOne Bedroom1BR,1BA$1.24
Whitcomb Terrace ApartmentsDesert Classic1BR,1BA$1.43
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$1.27
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

What is the Cheapest Studio apartment in Cedar Lake?

Currently the most affordable Cheap Studio Apartment in Cedar Lake is at Crest Apartments listed at $750.

How much is rent for a Cheap One Bedroom Cedar Lake Apartment?

The lowest price for a Cheap One Bedroom Cedar Lake Apartment is $825 at Crest 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 Tiberon Trails Apartments and starts from $1,385.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.