Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Cedar Lake area can be challenging. Home prices in Cedar Lake are now at a median cost of $315,767, higher than the Indiana average of $232,932.
The average cost of rent is $1,267/mo in Cedar Lake, primarily driven by the current value of real estate in the Cedar Lake area. In Cedar Lake, 12.77% of households rent, and 28.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Lake is $7,671 per month. Households that rent pay about 16.52% of their income on rent here. Cedar Lake’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lake Dalecarlia, IN: equally priced homes
- St. John, IN: higher priced homes
- North Hayden, IN: equally priced homes
- Lowell, IN: equally priced homes
- Crown Point, IN: equally priced homes
- Schererville, IN: equally priced homes
- Dyer, IN: higher priced homes
- Southeast Grove, IN: equally priced homes
- Beecher, IL: less expensive homes
- Merrillville, IN: less expensive homes
Cities with Similar Populations
- Ozark, AL: less expensive homes
- Gorham, ME: higher priced homes
- Greensburg, IN: less expensive homes
- Hopkinton, MA: higher priced homes
- Indianola, IA: less expensive homes
- Mckinleyville, CA: higher priced homes
- Newberry, SC: less expensive homes
- Newton, IA: less expensive homes
- North Potomac, MD: higher priced homes
- North Vernon, IN: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood