Rentometer, Inc. | Data as of 10/23/2025
Cedar Lake, Indiana, offers a welcoming suburban atmosphere with easy access to the natural beauty of its namesake lake and the amenities of nearby Indianapolis. The rental market is dominated by single‑family homes, making it an ideal location for families and professionals seeking spacious living spaces. Residents enjoy a blend of quiet residential streets, well‑maintained parks, and convenient shopping districts, while being just a short drive from major commuter routes.
Three‑bedroom houses are the most common rental choice in Cedar Lake, with average rents typically in the $2200 range and median figures around $2000, reflecting the area’s balance of affordability and quality. Larger family homes with four or more bedrooms command higher rates, generally positioned in the $3900 range, offering ample space for growing households or those desiring extra flexibility. These properties often feature modern updates, generous yards, and easy access to local schools and community centers.
The city’s appeal is further enhanced by its proximity to Cedar Lake State Park, scenic walking trails, and a vibrant community calendar that includes seasonal festivals and farmers’ markets. With a strong sense of community, well‑rated schools, and a variety of housing options, Cedar Lake remains a sought‑after destination for renters looking for a comfortable, family‑focused lifestyle in Indiana.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $2,226 | $1,962 | $1,575 - $3,175 | $1,800 - $2,900 |
| House | 4+ Bedroom | $4,366 | $3,900 | $3,200 - $6,000 | $3,200 - $6,000 |
In the current period, the average rent in Cedar Lake was
$2,226 for 3 Bedroom, and
$3,550 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.