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8515 W 132nd Ave
8515 W 132nd Ave, Cedar Lake, IN 46303, USA

Monthly rent
$4,500
Beds3
Baths0–4
Sqft2,400–2,708
modified
5+ Days Ago

Highlights

  • private balcony
  • sunroom
  • open-concept layout
  • breathtaking panoramic views

Units

8515 W 132nd Ave Cedar Lake, IN

Available

3 Beds, – Baths

3 Beds

– Baths

$4,500

Listed on 04/18/2026
Listed by Carol Allegretti
Days on market: 42
Experience lakefront living at its finest on beautiful Cedar Lake. This gated 3-bedroom, 4-bath residence offers breathtaking panoramic water views and a seamless open-concept layout designed for both everyday comfort and effortless entertaining. Walls of windows frame the lake from the main living spaces, filling the home with natural light and capturing stunning sunrise and sunset vistas. The spacious living and dining areas flow directly onto a large patio featuring a fully equipped outdoor kitchen -- perfect for hosting summer gatherings by the water. A charming sunroom provides year-round enjoyment and opens to a private balcony overlooking the lake. The oversized garage includes a convenient ramp leading directly to the water, offering easy access for lake activities. With lake rights and a private pier, you can enjoy boating, fishing, and waterfront relaxation just steps from your door. This exceptional Cedar Lake property combines privacy, security, and unmatched views in one remarkable setting.

Available

3 Beds, 4 Baths

3 Beds

4 Baths

$4,500

Listed on 04/17/2026
Listed by Carol Allegretti
Days on market: 43
Property Status: Active Experience lakefront living at its finest on beautiful Cedar Lake. This gated 3 bedroom, 4 bath residence offers breathtaking panoramic water views and a seamless open-concept layout designed for both everyday comfort and effortless entertaining. Walls of windows frame the lake from the main living spaces, filling the home with natural light and capturing stunning sunrise and sunset vistas. The spacious living and dining areas flow directly onto a large patio featuring a fully equipped outdoor kitchen --perfect for hosting summer gatherings by the water. A charming sunroom provides year-round enjoyment and opens to a private balcony overlooking the lake. The oversized garage includes a convenient ramp leading directly to the water, offering easy access for lake activities. With lake rights and a private pier, you can enjoy boating, fishing and waterfront relaxation just steps from your door. This exceptional property combines orivacy, security and unmatched views in one remarkable setting. LANDLORD RESPONSIBLE FOR ALL UTILITIES AND TAXES. Office Phone: (815) 485-5500 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 8515 W 132nd Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Garage Parking
Unit Amenities
  • Dishwasher
  • Balcony
  • High Ceilings
  • Hardwood Floor

Policies at 8515 W 132nd Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 8515 W 132nd Ave

Home 8515 W 132nd Ave, Cedar Lake, IN 46303, USA

Welcome to 8515 W 132nd Ave in Cedar Lake, IN 46303. This intimate 2-unit property offers a spacious 3-bedroom floorplan, ranging in size from 2400 to 2708 square feet. Residents can enjoy top-rated schools nearby, including a middle school with an A- or higher rating. Each unit boasts a private balcony, sunroom, and open-concept layout, perfect for taking in the breathtaking panoramic views. Additional highlights include a large patio, fully equipped outdoor kitchen, and oversized garage, all within a gated residence. Amenities include a balcony patio, hardwood floors, dishwasher, garage, and outdoor space. With its long-term rentals, this property is ideal for those seeking a stable and comfortable living arrangement.

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Address details

Units2
Units available2
City
Zip code46303

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 8515 W 132nd Ave, Cedar Lake, IN 46303, USA compares to other nearby properties.

Positives

More space
The 3-bedroom is 858 sqft larger than other listings nearby
Middle school nearby
There is a middle school 1 mile away
Images available
There are at least 10 photos of this address

Considerations

Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Cedar Lake

3-bedroom apartments at 8515 W 132nd Ave cost about 59% more than the average rent price for 3-bedroom apartments in Cedar Lake.

Median rents as of May 23 2026.
Cedar Lake
A table of 2-bedroom apartment rental data trends in Cedar Lake
MonthMedian Rent
July 2024$1,334
August 2024$1,370
September 2024$1,322
January 2025$1,800
February 2025$1,887
March 2025$1,890
April 2025$1,900
August 2025$1,309
September 2025$2,147
November 2025$2,150
December 2025$2,025
January 2026$2,378
February 2026$2,044
March 2026$2,224
April 2026$2,100
May 2026$2,318

Affordability calculator

Can I afford to live at 8515 W 132nd Ave?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$180,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $180,000 annually to afford this 3-bedrooms median monthly rent price of $4,500.
For more information on rent affordability, visit our rent calculator.

Schools near 8515 W 132nd Ave

Jane Ball Elementary School

13313 parrish st

cedar lake, IN, 46303

PK, K-2Public
B+

Eagle Park Community School

2150 w 97th pl

crown point, IN, 46307

K-12Public

Sandridge Elementary School

2950 glenwood dyer rd

lynwood, IL, 60411

PK, K-8Public
C-

Woodland Child Development Center

3027 j f mahoney dr

hammond, IN, 46323

PKPublic

Gary Virtual Academy

1800 e 35th ave

gary, IN, 46409

K-12Public
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Cedar Lake near 8515 W 132nd Ave

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

2/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 8515 W 132nd Ave, Cedar Lake

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

1/10
Few or no shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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