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Cedar Lake, IN Homes for Rent

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  • /27

    $2,700 Per Month

    • 2 Beds
    • 2 Baths
    • 1,726 Sq Ft
    • Townhouse for Rent

    14396 Clover Ave, Cedar Lake, IN 46303

    Impeccable Like-New Paired Villa in Cedar Lake's Hottest New Community! Welcome to this stunning, model-like paired villa in Cedar Lake's premier new subdivision -- built in 2023 with the coveted Designer Package! Barely lived in (owners stay here part time!) and meticulously maintained, this home feels brand new without the wait of new construction. Step inside and you'll be greeted by abundant

    Jodie Ridderhoff Keller Williams Realty Group

    14396 Clover Ave, Cedar Lake, IN 46303
  • /19

    $3,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,448 Sq Ft
    • House for Rent

    14101 Garden Way, Cedar Lake, IN 46303

    ***Immediately Available***Come and lease this beautiful home in Rose Garden Estates! Built in 2023 with outstanding open floor plan and plenty of space for you to entertain. Multiple living spaces including potential for a home office on the 1st floor. 4 generously sized bedrooms on the upper level with a laundry room upstairs as well as a Primary Bedroom with an Ensuite and 2

    14101 Garden Way, Cedar Lake, IN 46303
  • /42

    $4,500 Per Month

    • 4 Beds
    • 4 Baths
    • 2,400 Sq Ft
    • House for Rent

    8515 W 132nd Ave, Cedar Lake, IN 46303

    Experience lakefront living at its finest on beautiful Cedar Lake. This gated 3 bedroom, 4 bath residence offers breathtaking panoramic water views and a seamless open-concept layout designed for both everyday comfort and effortless entertaining. Walls of windows frame the lake from the main living spaces, filling the home with natural light and capturing stunning sunrise and sunset vistas. The

    Carol Allegretti RE/MAX 10

    8515 W 132nd Ave, Cedar Lake, IN 46303
  • /24

    $1,895 Per Month

    • 3 Beds
    • 1 Bath
    • 1,265 Sq Ft
    • House for Rent

    14725 Bryan St, Cedar Lake, IN 46303

    Prospective tenants are NOT REQUIRED TO PAY 3rd Party Application fees. ALL applications MUST be submitted via the PMI NWI website. Applications submitted through 3RD PARTY websites/vendors WILL NOT BE ACCEPTED.PLEASE SUBMIT ANY QUESTIONS THROUGH THE "REQUEST A TOUR", "CHECK AVAILABILITY" or other contact options provided.Enjoy lake living in this spacious and updated 3-bedroom,

    14725 Bryan St, Cedar Lake, IN 46303
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    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 2,053 Sq Ft
    • House for Rent

    8039 W 127th Ln, Cedar Lake, IN 46303

    ** $250 CREDIT WITH AN AUGUST MOVE-IN** Prospective tenants are NOT REQUIRED TO PAY 3rd Party Application fees. ALL applications MUST be submitted via the PMI NWI website. Applications submitted through 3RD PARTY websites/vendors WILL NOT BE ACCEPTED.PLEASE SUBMIT ANY QUESTIONS THROUGH THE "REQUEST A TOUR", "CHECK AVAILABILITY" or other contact options provided.Welcome

    8039 W 127th Ln, Cedar Lake, IN 46303

Why Live in Cedar Lake

Cedar Lake, Indiana, once a bustling resort destination, now offers a serene lakeside community with a rich history and diverse attractions. Located about 45 miles from Chicago, Cedar Lake's namesake waterway spans 800 acres, making it one of Indiana's largest lakes. The area boasts historical sites like a former hotel turned museum and a dance pavilion on the National Register of Historic Places. Lemon Lake County Park is a local highlight, featuring a renowned disc golf course, walking paths, fishing spots, and dog parks. The Cedar Lake Yacht Club hosts sailboat races, and winter brings motorcycle races on the frozen lake. Housing options range from original lakefront cottages to modern townhouses and condos further inland. The median home price is below the national average, with tax benefits compared to neighboring Illinois. Cedar Lake is served by two highly rated school districts, Crown Point Community School Corporation and Hanover Community School Corporation. Crime rates have declined significantly, with property crime dropping by 76% since 2015. Dining options include waterfront restaurants like The Lighthouse Restaurant, with additional choices in nearby St. John and Crown Point. While Cedar Lake lacks local bus service, commuters can access regional transit options in Gary and East Chicago. The closest hospital, Franciscan Health Crown Point, is located near Interstate 65, about 13 miles east.

Frequently Asked Questions

How much does it cost to rent a home in Cedar Lake, IN?
The median rent for a home in Cedar Lake, IN is $2,700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Cedar Lake, IN?
To comfortably afford the median rent in Cedar Lake, IN, a household needs to earn roughly $108,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,700 per month in Cedar Lake, IN, renters typically need to show $8,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cedar Lake, IN?
In Cedar Lake, IN, the price-to-rent ratio is 9.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cedar Lake, IN are best for renting a home?
The best neighborhood for renting in Cedar Lake, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Merrillville, Goodenow, Glen Park, Cedar Creek and Central Merrillville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,700
Median Single Family Home Rent
$2,400
Median Townhouse Rent
$2,700
How to Rent a Home