Cheap Apartments for Rent in the Summit Lake Neighborhood of Akron, OH from $400 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Summit Lake area of Akron.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 687 Allyn St

687 Allyn St

AkronOH44311

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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2159 22nd St
1 Bedroom Apartments

2159 22nd St

2159 22nd StAkron, OH 44314
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31 Firestone Blvd
1 Bedroom Apartments

31 Firestone Blvd

31 Firestone BlvdAkron, OH 44301
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Wilmich Manor
1 Bedroom Apartments

Wilmich Manor

2010-2040 Wilmich DrAkron, OH 44319
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Rosamond Apartments
1 to 2 Bedroom Apartments

Rosamond Apartments

888 Rosamond AveAkron, OH 44307
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Summit Lake - One of the Best Affordable Neighborhoods in Akron

Named as one of the Best Affordable Neighborhoods to rent in Akron by our Local Expert Catrina Cowart. See how it ranks!

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241 Perkins St
1 Bedroom Apartments

241 Perkins St

241 Perkins StAkron, OH 44304
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East Buchtel Place
1 Bedroom Apartments

East Buchtel Place

591 E Buchtel AveAkron, OH 44304
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Firestone Park
1 Bedroom Apartments

Firestone Park

63-101 Firestone BlvdAkron, OH 44301
  • Utilities Included

Summit Lake, Akron, OH Local Guide

Cheapest Available Summit Lake Apartments for Rent

 

The cheapest available apartment rental in the Summit Lake area of Akron, OH is a 1 Bed unit found at Summit at Glendale priced from $500. College Street Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $590. Here are the most affordable Summit Lake apartments for rent in Akron, OH:

Apartment ListingModel NameBed/BathPriced From
Summit at GlendaleOne bedroom1BR,1BA$500
College Street ApartmentsStudioStudio,1BA$590
Kenmore Apartments and Townhomes888 & 899 Rosamond1BR,1BA$675
Carroll Street Apartments1 Bed 1 Bath1BR,1BA$725
The Towers/Fir HillOne Bedroom1BR,1BA$850
Cedar Knoll ApartmentsCedar Knoll: 2 Bed 1 Bath - Upgraded2BR,1BA$885
2196 6th St SW2 Beds, 1 bath2BR,1BA$900

Best Value Apartments for Rent in Summit Lake, OH

As of July 24, 2025 the best value apartment in the Summit Lake area is the $0.89 price per square foot 4 bed / 2 bath Model at University Commons Apartments in the in the University Area neighborhood starting from $1,250. The second greatest value Summit Lake apartment is the Huron Model at Spicer Village Townhomes and Apartments starting at $1,200 with a $1.07 price per square foot in the University Area neighborhood. Here is today’s list of the best values for Summit Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Commons Apartments4 bed / 2 bath4BR,2BA$0.89
Spicer Village Townhomes and ApartmentsHuron2BR,2BA$1.07
1618 Maxen Dr, Unit 16181618 Maxen Dr2BR,1BA$1.05
1425 Marcy St, Unit Up1425 Marcy St3BR,1BA$0.80
Brownstone Apartments2-Bedroom Deluxe Unit2BR,1BA$1.10
1263 Anna Ave, Unit 12631263 Anna Ave2BR,1BA$1.03
The Towers/Fir HillOne Bedroom1BR,1BA$1.10
1163 Carey Ave, Unit 1-21163 Carey Ave1BR,1BA$0.99
College Street ApartmentsStudioStudio ,1BA$1.18
Summit at GlendaleOne bedroom1BR,1BA$1.11

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Summit Lake, Akron, OH

Ranked #9

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Akron. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Summit Lake Neighborhood in Akron, OH

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Summit Lake Apartments

What is the price of a cheap apartment in Summit Lake?

The cheapest apartment in Summit Lake is Summit at Glendale which is listed at $500, while the average apartment in Summit Lake costs $1,207.

What types of apartments are the cheapest in Summit Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 24 regular apartments in Summit Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Summit Lake?

Cheap apartments in Summit Lake have an average cost of $396 which is $811 cheaper than the average rent for all rentals in Summit Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Akron, OH

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.com Local Expert for Akron, and I'm here to talk to you about this city that is a bustling part of Northeastern Ohio.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.