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Apartments for Rent in Cherry Lake, Indianapolis, IN
25 Rentals Available

2-23-nhood
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Popular searches Average rent Renters guide Demographics

Getting around in Cherry Lake, IN

2 /100
Car-Dependent
29 /100
Somewhat Bikeable
Walk Score®: 2, Bike Score®: 29

Frequently asked questions

When were prices and availability in Cherry Lake, Indianapolis, IN last updated?

Prices and availability in Cherry Lake, Indianapolis, IN were last updated on 16 May 2025.

What are the best apartments in Cherry Lake, Indianapolis, IN?

The best apartments in Cherry Lake, Indianapolis, IN are: 3531 Black Locust Dr, 3614 Rock Maple Drive Indianapolis, IN 46235 and 3704 Rock Maple Drive Indianapolis, IN 46235.

What is the average rent in Cherry Lake, Indianapolis, IN?

The average rent in Cherry Lake, Indianapolis, IN is $1,012.

What type of rental buildings are in Cherry Lake, Indianapolis, IN?

In Cherry Lake, 47% of the residents are renting compared to 53% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Cherry Lake’s rentals, 53% are small-scale complexes with under 50 units, and 41% are single-family rentals.

Cherry Lake, Indianapolis, IN demographics

  • 35,897Total Population
  • 19,948 Female
    15,949 Male
  • 30Median Age

In total, Cherry Lake, Indianapolis, IN has 35,897 residents, 19,948 women and 15,949 men, per U.S. Census recent estimates. Statistics show that the median age of Cherry Lake’s population is 30.

Cherry Lake, Indianapolis, IN households

  • 8,217 Family
    4,864 Non-family
  • 5,688 Children
    7,393 No Children
  • 13,081Total Number of Households
  • 2Average People Per Household
  • $56,160Median Household Income

There is a total of 13,081 households in Cherry Lake, Indianapolis, IN. Of these, 5,688 have children and 7,393 are without children. Per Census Bureau’s most current estimates, 8,217 family households and 4,864 non-family households live in this area. The size of a household in Cherry Lake is 2 people, on average. The median household annual income in Cherry Lake equals $56,160, and the monthly housing costs equal $1,003.

Cherry Lake, Indianapolis, IN education statistics

According to data from the U.S. Census Bureau, 6% of the population in Cherry Lake, Indianapolis, IN have no high school education, 46% went to high-school, and 24% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 11% hold a Bachelor Degree, and 5% hold a Graduate Degree.

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