Home Price Key
Affordable
Average
Expensive
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 $123,697, lower than the Michigan average of $196,062.
The average cost of rent is $724/mo in Cedar Lake, primarily driven by the current value of real estate in the Cedar Lake area. While nearly 43.69% of residents own their homes outright in Cedar Lake, 19.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Lake is $4,094 per month. Households that rent pay about 17.68% of their income on rent here. Cedar Lake's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Vestaburg, MI: equally priced homes
- Edmore, MI: less expensive homes
- Wyman, MI: equally priced homes
- Mcbrides, MI: less expensive homes
- McBride, MI: less expensive homes
- Strickland, MI: less expensive homes
- Riverdale, MI: less expensive homes
- Winn, MI: equally priced homes
- Westville, MI: higher priced homes
- Elm Hall, MI: less expensive homes
Cities with Similar Populations
- DeWitt, NE: higher priced homes
- Elmore, MN: less expensive homes
- Edna, KS: less expensive homes
- St. Croix Junction, ME: equally priced homes
- St. Peter, IL: equally priced homes
- Stanhope, IA: equally priced homes
- Stony Fork, NC: higher priced homes
- Stratton, MS: less expensive homes
- Drewryville, VA: less expensive homes
- Dover, KS: higher priced homes
All Local Stats
Home Services
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