Cedar Lake, IN Real Estate

According to census data in the year 2000 there were 3,650 housing units in Cedar Lake. This represents a 9.2% growth from 3,344 in 1990.

Of those housing units, 3,544 were located in either urbanized areas or urban clusters, and 106 were located in what is classified as a rural area.

Homeownership rate in Cedar Lake is about 74.4%. Cedar Lake's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Cedar Lake were built after 1960.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom8.60%
Two Bedrooms35.40%
Three Bedrooms43.40%
Four Bedrooms9.80%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1959
Median Value of occupied units$97,200
Median Price asked for vacant units$89,200

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1962
Median Monthly Rent asked for vacant units$396

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan7.30%
Simple Mortgage59.40%
Debt Free25.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21%