In Cedar Lake, 15% of the residents are renting compared to 85% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 1% of Cedar Lake's rentals, 39% are small-scale complexes with under 50 units, and 59% are single-family rentals.
The average age of rental buildings in Cedar Lake is 0 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 0 stories, of which none are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Cedar Lake are around 0% of rentals, while 1-bedroom floor plans represent 0% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 0% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Cedar Lake is situated in the northwest part of Indiana, approximately 45 miles southeast of Chicago, Illinois. This proximity to a major urban center makes it an appealing location for those who work in the city but prefer a quieter, more scenic living environment. The town is known for its namesake, Cedar Lake, which offers abundant recreational opportunities including fishing, boating, and waterfront activities.
The local economy in Cedar Lake is primarily driven by retail, healthcare, and educational services, along with a growing tourism sector thanks to the lake and the town's peaceful setting. Outdoor enthusiasts enjoy visiting the nearby Lemon Lake County Park, which features disc golf courses, hiking trails, and picnic areas.
Cedar Lake's arts scene includes local craft fairs and music events, particularly in the summer months when the town hosts outdoor concerts and festivals. Historical features of the area include a number of well-preserved turn-of-the-century homes and buildings, contributing to the town’s charming character.
The town offers a variety of dining options, ranging from traditional American cuisine to more specialized offerings like Italian and seafood. For families considering education, Cedar Lake is part of the Hanover Community School Corporation, which is well-regarded in the region for its strong academic programs.
Cedar Lake offers a diverse range of rental options, predominantly featuring single-family homes and some apartment complexes. Architectural styles in the area reflect its historical roots with a lot of Craftsman and Colonial Revival homes, particularly noticeable in the older parts of town.
The Lakes of the Four Seasons neighborhood is popular among young professionals and families alike due to its proximity to local schools and recreational facilities. Here, rental properties often include amenities like community pools and clubhouse access. Another sought-after area is the town center, where residents enjoy easy access to local shops, restaurants, and the lake itself.
For shopping, residents of Cedar Lake frequent the local Cedar Lake Plaza which hosts a variety of retail stores and essential services. For a more unique shopping experience, the historic downtown area offers boutique shops, featuring local crafts and artisan products.
Common grocery stores in town include Strack & Van Til and a local farmers' market that operates seasonally, offering fresh produce and local goods. This market is a favorite among residents for its quality and community feel.
While many residents choose to drive, public transportation options are available through the regional bus service, which connects Cedar Lake to neighboring towns and cities. The town is also serviced by several major roads, including U.S. Route 41, which provides direct access to Chicago and other parts of Indiana.
For those looking to travel further afield, the nearest airport is the Chicago Midway International Airport, located about an hour’s drive from Cedar Lake, providing both domestic and international flights. The town’s layout and scenic roads also make it conducive for biking, particularly in the less trafficked, more picturesque areas.
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