
Cheap Apartments for Rent in the Fernway Neighborhood of Beachwood, OH from $600 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fernway area of Beachwood.


18323 Newell Rd, Unit 3

3559 Gridley Rd

Shaker Crossing

3559 Gridley Rd

3363 Warrensville Center Rd

3310 Warrensville Center Rd

3625 Normandy Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

19406 Van Aken Blvd, Unit 1B, Unit 1B

3579 Riedham Rd

3561 Hildana Rd

3270 Warrensville Center Rd

3609 Strandhill Rd

18405 Newell Rd

Essex House Apartments

Uptown Shaker
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Avalon Crossing

Country Club Apartments

The Exeter

Fairway-Marchmont Terrace

Shaker Gateway

Shaker Park Manor

Aristocrat Apartments

Aristocrat Apts - Aspiring to Antastafae
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Van Aken Villas

Courtyard Apartments

Campbell Court Apartments

Almar Arms

Riviera Manor

19406 Van Aken Blvd

Shaker Norwood

Uptown Shaker Apartments
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.

18405 Newell Rd
Fernway, Beachwood, OH Local Guide

How much does it cost to rent an apartment in Fernway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernway Studio Apartments | $1,962 | $1,962 | $1,962 |
| Fernway 1 Bedroom Apartments | $1,484 | $645 | $2,855 |
| Fernway 2 Bedroom Apartments | $1,935 | $1,100 | $5,948 |
| Fernway 3 Bedroom Apartments | $2,431 | $1,400 | $7,815 |
| Fernway 4 Bedroom Apartments | $3,331 | $1,449 | $5,790 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Fernway Neighborhood of Beachwood, OH.
See all Apartments in BeachwoodExplore Beachwood
Fernway, Beachwood, OH Local Guide
- Nearby Beachwood neighborhoods
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Cheapest Available Fernway Apartments for Rent
 The cheapest available apartment rental in the Fernway area of Akron, OH is a 1 Bed unit found at Van Aken Villas priced from $919. Almar Arms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Fernway apartments for rent in Akron, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Van Aken Villas | 1 Bedroom | 1BR,1BA | $919 |
| Almar Arms | 1 Bedroom 1 Bath | 1BR,1BA | $1,050 |
| Riviera Manor | 2 Bedroom 1 Bath - 28513 | 2BR,1BA | $1,055 |
| Shaker Crossing | One Bed One Bath | 1BR,1BA | $1,100 |
| Shaker Norwood | 2BR/1.0BA | 2BR,1BA | $1,200 |
| Uptown Shaker Apartments | Spring Special April and May 2026 | 1BR,1BA | $1,250 |
| Uptown Shaker | Spring Special April and May 2026 | 1BR,1BA | $1,300 |
| Parkland Apartments | 1 Bed | 1BR,1BA | $1,350 |
| The Drake | The Hoffman | 3BR,2BA | $1,400 |
| South Shaker Apartments | 2 bedroom | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Fernway, OH
As of May 18, 2026 the best value apartment in the Fernway area is the $0.86 price per square foot The Hoffman Model at The Drake in the in the Ludlow neighborhood starting from $1,400. The second greatest value Fernway apartment is the 3 Bed 2.5 Bath Model at Oliver House starting at $1,836 with a $1.25 price per square foot in the Walford neighborhood. Here is today’s list of the best values for Fernway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Drake | The Hoffman | 3BR,2BA | $0.86 |
| Oliver House | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.25 |
| South Shaker Apartments | 2 Bedroom 2 Story | 2BR,1.5BA | $1.41 |
| Riviera Manor | 2 Bedroom 1 Bath - 28513 | 2BR,1BA | $0.90 |
| Uptown Shaker | Spring Special April and May 2026 | 1BR,1BA | $1.24 |
| Shaker Norwood | 2BR/1.0BA | 2BR,1BA | $1.20 |
| Almar Arms | 2 Bedroom 2 Baths | 2BR,2BA | $1.43 |
| Uptown Shaker Apartments | Spring Special April and May 2026 | 1BR,1BA | $1.49 |
| Van Aken Villas | 1 Bedroom | 1BR,1BA | $1.10 |
| Parkland Apartments | 1 Bed | 1BR,1.5BA | $1.63 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Fernway, Beachwood, and the greater Akron area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, apartment communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Fernway Apartments
What is the price of a cheap apartment in Fernway?
The cheapest apartment in Fernway is Van Aken Villas which is listed at $919, while the average apartment in Fernway costs $3,050.
What types of apartments are the cheapest in Fernway?
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 1 regular apartments in Fernway 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 Fernway?
Cheap apartments in Fernway have an average cost of $153 which is $2,897 cheaper than the average rent for all rentals in Fernway.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.