Preheat your oven to 350°F (175°C).
In a food processor or blender, combine the cranberries, chopped jalapeño, and red onion. Pulse until coarsely chopped. Set aside.
In a mixing bowl, combine the softened cream cheese, sour cream, shredded cheddar cheese, honey, lemon juice, salt, and pepper. Mix until well combined and smooth.
Fold the cranberry-jalapeño mixture into the cream cheese mixture until evenly distributed.
Transfer the mixture to a baking dish and spread it out evenly.
Bake in the preheated oven for about 20 minutes, or until the dip is heated through and bubbly.
Remove from the oven and let it cool slightly. Garnish with chopped cilantro if desired.
Serve warm with your choice of crackers, chips, or fresh vegetables.