
Cheap Apartments for Rent in the Central Neighborhood of Cleveland, OH from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central area of Cleveland.


University Studios

Innovation Landing

The Lofts

Innerbelt Lofts

Walker Weeks

Sankofa Village
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.

2344 Prospect Ave E

Montana Building

Fenn Tower

2097 E 46th St

Arbor Park Village

Prospect Yard

Stockbridge Apartments
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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.

University Commons Apartments

Skyline Tower - Income Based for Seniors 62+

Offset Lofts

Emeritus House

Cornerstone Apartments

Langston Commons

The Lofts
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Cedar Extension Hi-Rise

Cedar Estates

Dixson Hall Apartments

Plaza Suites

Fine Arts Building

The Villages of Carver Park

HELP Six Chimneys Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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 | $1,024 | $750 | $1,230 |
| Central 1 Bedroom Apartments | $1,538 | $829 | $2,525 |
| Central 2 Bedroom Apartments | $2,152 | $1,125 | $3,155 |
| Central 3 Bedroom Apartments | $3,902 | $1,200 | $6,445 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Central Neighborhood of Cleveland, OH.
See all Apartments in ClevelandExplore Cleveland
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prospect Yard | 2 Bedroom | 2BR,1BA | $451 |
| Sankofa Village | 1 Bed 1 Bath | 1BR,1BA | $829 |
| University Studios | The Freshman | Studio,1BA | $880 |
| Life At Agora | Studio A | Studio,1BA | $919 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $995 |
| The Midtown Apartments | OA | Studio,1BA | $1,173 |
| The Lofts | 1BR/1.0BA | 1BR,1BA | $1,225 |
| Innovation Landing | 1 Bed 1 Bath E | 1BR,1BA | $1,284 |
| Innerbelt Lofts | 2/2 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lofts | 2BR/2.0BA | 2BR,2BA | $1.27 |
| Innerbelt Lofts | 2/2 | 2BR,2BA | $1.26 |
| Prospect Yard | 2 Bedroom | 2BR,1BA | $0.45 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Sankofa Village | 1 Bed 1 Bath | 1BR,1.5BA | $1.10 |
| Life At Agora | 1 Bed 1 Bath Loft B (First Floor) | 1BR,1BA | $2.14 |
| The Midtown Apartments | Unit 1F Balcony | 1BR,1BA | $2.51 |
| Innovation Landing | 1 Bed 1 Bath H | 1BR,1BA | $2.42 |
| 2344 Prospect Ave E | 2344 Prospect Ave E | Studio ,1BA | $1.88 |
| 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 $1,450.
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

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.

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

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.

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.

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.

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.