Cheap Apartments for Rent in the Central Neighborhood of Cleveland, OH from $400 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Central area of 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.

close
View Me
Montana Building
Studio Apartments

Montana Building

3604-3606 Prospect AveCleveland, OH 44115
close
View Me
Fenn Tower
1 to 2 Bedroom Apartments

Fenn Tower

1983 E 24th StCleveland, OH 44115
Student Housing
close
View Me
2097 E 46th St
Studio Apartments

2097 E 46th St

2097 E 46th StCleveland, OH 44103
close
View Me
Arbor Park Village
1 to 4 Bedroom Apartments

Arbor Park Village

3750 Fleming AveCleveland, OH 44115
  • Utilities Included
close
View Me
Prospect Yard
1 to 2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included

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.

close
View Me
Offset Lofts
Studio to 2 Bedroom Apartments

Offset Lofts

3800 Euclid AveCleveland, OH 44115
close
View Me
Emeritus House
Studio to 1 Bedroom Apartments

Emeritus House

4450 Cedar AveCleveland, OH 44103
Senior Living
  • Utilities Included
close
View Me
Cornerstone Apartments
1 to 2 Bedroom Apartments

Cornerstone Apartments

2029 E 40th StCleveland, OH 44103
  • Utilities Included
close
View Me
Langston Commons
2 to 4 Bedroom Apartments

Langston Commons

3043 Project AveCleveland, OH 44115
close
View Me
The Lofts
Studio to 2 Bedroom Apartments

The Lofts

1900 Euclid AveCleveland, OH 44115

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.

close
View Me
Cedar Extension Hi-Rise
1 to 2 Bedroom Apartments

Cedar Extension Hi-Rise

2320 E 30th StCleveland, OH 44115
Senior Living
  • Utilities Included
close
View Me
Cedar Estates
Studio Apartments

Cedar Estates

2302 Central AveCleveland, OH 44115
close
View Me
Dixson Hall Apartments
1 to 2 Bedroom Apartments

Dixson Hall Apartments

3814 Prospect AveCleveland, OH 44115
  • Utilities Included
close
View Me
Plaza Suites
Studio to 3 Bedroom Apartments

Plaza Suites

3206 E Prospect AveCleveland, OH 44115
  • Utilities Included

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.

Cheapest Available Central Apartments for Rent

 

The cheapest available apartment rental in the Central area of Cleveland, OH is a 2 Beds unit found at Prospect Yard priced from $451. Sankofa Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Central apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
Sankofa Village1 Bed 1 Bath1BR,1BA$829
University StudiosThe FreshmanStudio,1BA$880
Life At AgoraStudio AStudio,1BA$919
Walker Weeks1 Bedroom 1 Bath1BR,1BA$995
The Midtown ApartmentsOAStudio,1BA$1,173
The Lofts1BR/1.0BA1BR,1BA$1,225
Innovation Landing1 Bed 1 Bath E1BR,1BA$1,284
Innerbelt Lofts2/22BR,2BA$1,450

Best Value Apartments for Rent in Central, OH

As of June 13, 2026 the best value apartment in the Central area is the $1.27 price per square foot 2BR/2.0BA Model at The Lofts in the in the Gateway District neighborhood starting from $1,675. The second greatest value Central apartment is the 2/2 Model at Innerbelt Lofts starting at $1,450 with a $1.26 price per square foot in the Gateway District neighborhood. Here is today’s list of the best values for Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts2BR/2.0BA2BR,2BA$1.27
Innerbelt Lofts2/22BR,2BA$1.26
Prospect Yard2 Bedroom2BR,1BA$0.45
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
Sankofa Village1 Bed 1 Bath1BR,1.5BA$1.10
Life At Agora1 Bed 1 Bath Loft B (First Floor)1BR,1BA$2.14
The Midtown ApartmentsUnit 1F Balcony1BR,1BA$2.51
Innovation Landing1 Bed 1 Bath H1BR,1BA$2.42
2344 Prospect Ave E2344 Prospect Ave EStudio ,1BA$1.88
University StudiosThe FreshmanStudio ,1BA$2.75

Frequently Asked Questions about Cheap Central Apartments

What is a cheap apartment in Central?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central is under $1,450.

What is the price of a cheap apartment in Central?

The cheapest apartment in Central is Sankofa Village which is listed at $829, while the average apartment in Central costs $3,500.

What types of apartments are the cheapest in Central?

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 40 regular apartments in Central 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 Central?

Cheap apartments in Central have an average cost of $794 which is $2,706 cheaper than the average rent for all rentals in Central.

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.

Helpful Local Expert Guides

decorative image for A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sandy Baker

Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

decorative image for Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland article

Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland

Written by: Sandy Baker

Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .

decorative image for Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland article

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland

Written by: Sandy Baker

If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

decorative image for Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture article

Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture

Written by: Sandy Baker

Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.

Articles, How-To's, and Tips

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.