
Cheap Apartments for Rent in the Central Neighborhood of Cleveland, OH from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central area of Cleveland.


Sankofa Village

2344 Prospect Ave E

University Studios

Life At Agora
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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.

Walker Weeks

Arbor Park Village

Prospect Yard

Cornerstone Apartments

Cornerstone Apartments
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Dixson Hall Apartments

Plaza Suites

Langston Commons

University Commons Apartments

Skyline Tower - Income Based for Seniors 62+
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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 | $960 | $675 | $1,230 |
| Central 1 Bedroom Apartments | $1,584 | $775 | $2,310 |
| Central 2 Bedroom Apartments | $2,256 | $1,125 | $3,230 |
| Central 3 Bedroom Apartments | $3,886 | $1,200 | $6,365 |
Browse Apartments in this Neighborhood
There are currently 15 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 C | Studio,1BA | $919 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Central, OH
As of April 29, 2026 the best value apartment in the Central area is the $1.54 price per square foot 1BR/1.0BA Model at The Lofts in the in the Gateway District neighborhood starting from $1,575. 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 Lofts | 1BR/1.0BA | 1BR,1BA | $1.54 |
| Prospect Yard | 2 Bedroom | 2BR,1BA | $0.45 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Life At Agora | 1 Bed 1 Bath Loft A (First Floor) | 1BR,1BA | $1.97 |
| Sankofa Village | 1 Bed 1 Bath | 1BR,1.5BA | $1.10 |
| Innovation Landing | 1 Bed 1 Bath G | 1BR,1BA | $2.38 |
| The Midtown Apartments | Unit 1F Balcony | 1BR,1BA | $2.51 |
| Innerbelt Lofts | 1/1 | 1BR,1BA | $1.92 |
| 2344 Prospect Ave E | 2344 Prospect Ave E | 1BR,1BA | $1.70 |
| 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 $1,575.
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 45 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 $700 which is $2,800 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
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Articles, How-To's, and Tips

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