
Cheap Apartments for Rent in the Central Neighborhood of Cleveland, OH from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central area of Cleveland.


Stockbridge Apartments

Sankofa Village

2344 Prospect Ave E, Unit 205

University Studios
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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.

Innovation Landing

Walker Weeks

2394 W 3rd St

Arbor Park Village

Prospect Yard
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.

Cornerstone Apartments

Cornerstone Apartments

Dixson Hall Apartments

Plaza Suites

Langston Commons
Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Find the top neighborhoods and best apartments for rent near major employers like The Cleveland Clinic, KeyBank, and Progressive Insurance.

University Commons Apartments

Skyline Tower - Income Based for Seniors 62+
Central, Cleveland, OH Local Guide

How much does it cost to rent an apartment in Central?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Studio Apartments | $1,114 | $695 | $1,375 |
| Central 1 Bedroom Apartments | $1,772 | $795 | $7,341 |
| Central 2 Bedroom Apartments | $2,672 | $1,095 | $4,891 |
| Central 3 Bedroom Apartments | $4,551 | $1,200 | $6,955 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Central Neighborhood of Cleveland, OH.
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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. University Studios has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable Central apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prospect Yard | 2 Bedroom | 2BR,1BA | $451 |
| University Studios | The Freshman | Studio,1BA | $880 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $995 |
| Innerbelt Lofts | 1/1 | 1BR,1BA | $1,150 |
| The Midtown Apartments | OA | Studio,1BA | $1,173 |
Best Value Apartments for Rent in Central, OH
As of January 27, 2026 the best value apartment in the Central area is the $3.48 price per square foot Luminaire Penthouse F3 Model at The Lumen in the in the Gateway District neighborhood starting from $5,705. The second greatest value Central apartment is the 2 Bedroom Model at Prospect Yard starting at $451 with a $0.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lumen | Luminaire Penthouse F3 | 3BR,2.5BA | $3.48 |
| Prospect Yard | 2 Bedroom | 2BR,1BA | $0.45 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Innerbelt Lofts | 1/1 | 1BR,1BA | $1.72 |
| The Midtown Apartments | Unit 1F Balcony | 1BR,1BA | $2.51 |
| 2344 Prospect Ave E, Unit 205 | 2344 Prospect Ave E | 1BR,1BA | $1.42 |
| Innovation Landing | 1 Bed 1 Bath G | 1BR,1BA | $2.75 |
| Life At Agora | Studio C | Studio ,1BA | $2.25 |
| University Studios | The Freshman | Studio ,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 $1,628.
What is the price of a cheap apartment in Central?
The cheapest apartment in Central is Walker Weeks which is listed at $995, while the average apartment in Central costs $5,475.
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 46 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 $780 which is $4,695 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

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.

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 .

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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.