Cheap Apartments for Rent in Cleveland, MO from $500 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cleveland.

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.

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.

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Chelsea Apartments
1 to 2 Bedroom Apartments

Chelsea Apartments

15400 Bellaire AveGrandview, MO 64030

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.

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DOUGLAS PLACE
Studio to 4 Bedroom Apartments

DOUGLAS PLACE

13900 Grandboro LnGrandview, MO 64030

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.

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Bradley's Crossing
2 to 3 Bedroom Apartments

Bradley's Crossing

11017 Daniel CirPeculiar, MO 64078
property at 704 Meadow Ct

$1,495

3 Bedroom Rentals

Available Now

704 Meadow Ct

PeculiarMO64078

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Cleveland, MO Local Guide

Cheapest Available Cleveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cleveland, MO is a Studio unit found at Belton Heights in the Richards Gebaur neighborhood priced from $525. Apartments at Georgetown in the Santa Fe Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Cleveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Belton HeightsStudioStudio,1BA$525
Apartments at Georgetown1x1 - 623 Sqft1BR,1BA$725
One Forty Flats2B2BR,1BA$800
Grand Summit I/IIClassic Deluxe1BR,1BA$840
Chelsea Apartments1-Bedroom1BR,1BA$849
The Fairways at Grand Summit I/IIClassic Deluxe II1BR,1BA$865
Belton Crossing2BR /1BA2BR,1BA$895
Springs Living- Senior Independent LivingStudio SuiteStudio,1BA$950
The Lakes at Lionsgate ApartmentsA11BR,1BA$1,059
Spring Hill VillasBeautiful One Bedroom Apartment Home1BR,1BA$1,115

Best Value Apartments for Rent in Cleveland, MO and Nearby

As of June 13, 2026 the best value apartment in the Cleveland area is the $1.28 price per square foot Marietta Model at The Courts at Stonebridge in the in the Symphony Hills neighborhood starting from $3,413. The second greatest value Cleveland apartment is the E2+DEN - The Torreon Model at The Venue Townhomes starting at $1,825 with a $1.35 price per square foot in the Santa Fe Farms neighborhood. Here is today’s list of the best values for Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Courts at StonebridgeMarietta3BR,2.5BA$1.28
The Venue TownhomesE2+DEN - The Torreon2BR,2BA$1.35
AUTUMN WOODS3B 2.5B TH3BR,2.5BA$1.28
Traditions TownhomesRidgewood2BR,2.5BA$1.26
Lakewood TerraceBarclay 3B3BR,2BA$1.40
Cottages of Belton Apartments Senior Livingtwo bed2BR,1BA$1.27
Spring Hill Plaza Apartments2bedroom/1.5bath (no sunroom)2BR,1.5BA$1.38
Apartments at Georgetown2 BED 1 BATH1BR,1BA$1.28
The Lakes at Lionsgate ApartmentsA11BR,1BA$1.43
One Forty Flats2B2BR,1BA$1.33

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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Cleveland Apartments

What is the Cheapest Studio apartment in Cleveland?

Currently the most affordable Cheap Studio Apartment in Cleveland is at Belton Heights listed at $525.

How much is rent for a Cheap One Bedroom Cleveland Apartment?

The lowest price for a Cheap One Bedroom Cleveland Apartment is $725 at Apartments at Georgetown.

What is the lowest price for a Cheap Two Bedroom Cleveland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cleveland is starting from $800 at One Forty Flats.

What is the most affordable Cleveland Three Bedroom Apartment?

The best deal on a cheap Cleveland Three Bedroom Apartment rental is at Lakewood Terrace and starts from $1,688.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.