Cheap Apartments for Rent in the Downtown Cleveland Neighborhood of Cleveland, OH from $400 (87 Rentals)

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

property at 1366 E 45th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

1366 E 45th St

ClevelandOH44103
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LIV Cleveland
Rent Specials
$949 - $5,272
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $5,272
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

LIV Cleveland

1801 E 12th StCleveland, OH 44114
Corporate Housing
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  • 3D Tour

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.

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Residences at 55
$1,103 - $4,732
Total Monthly Price

Total Monthly Price

Base Rent
$1,103 - $4,732
Total Monthly Price
$1,103 - $4,732
1 to 2 Bedroom Apartments Available Now

Residences at 55

55 Public SqCleveland, OH 44113
Eco-Friendly
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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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property at 1133 W 9th St

$1,195 - $2,250

1 To 2 Bedroom Rentals

Available Now

1133 W 9th St

ClevelandOH44113

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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The Dexter
Rent Specials
$1,209 - $2,734
Total Monthly Price

Total Monthly Price

Base Rent
$1,209 - $2,734
Total Monthly Price
$1,209 - $2,734
Studio to 2 Bedroom Apartments Available Now

The Dexter

2800 Franklin BlvdCleveland, OH 44113
Corporate Housing
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The Standard
Rent Specials
$1,323 - $5,672
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Total Monthly Price

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$1,323 - $5,672
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1 to 3 Bedroom Apartments Available Now

The Standard

99 W Saint Clair AveCleveland, OH 44113
Furnished
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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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Flats at East Bank
Rent Specials
$1,365 - $7,548
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $7,548
Total Monthly Price
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1 to 4 Bedroom Apartments Available Now

Flats at East Bank

1055 Old River RdCleveland, OH 44113
Student Housing
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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.

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Downtown Cleveland, Cleveland, OH Local Guide

Cheapest Available Downtown Cleveland Apartments for Rent

 

The cheapest available apartment rental in the Downtown Cleveland 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 Downtown Cleveland apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
Sankofa Village1 Bed 1 Bath1BR,1BA$829
Reserve Square Apartments1 Bedroom 1 Bath Deluxe & Executive1BR,1BA$865
University StudiosThe FreshmanStudio,1BA$880
LIV ClevelandE1Studio,1BA$949
Crittenden Court ApartmentsStudio Type CStudio,1BA$975
Walker Weeks1 Bedroom 1 Bath1BR,1BA$995
The Lofts at SouthworthOne Bedroom- 461BR,1BA$1,010

Best Value Apartments for Rent in Downtown Cleveland, OH

As of June 10, 2026 the best value apartment in the Downtown Cleveland area is the $1.10 price per square foot 2 Bed 2 Bath - Prospect Avenue Model at The Residences at 668 in the in the Gateway District neighborhood starting from $1,728. The second greatest value Downtown Cleveland apartment is the 3 Bed 2 Bath Model at Apartments at Nautica starting at $2,007 with a $1.32 price per square foot in the Downtown Cleveland neighborhood. Here is today’s list of the best values for Downtown Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at 6682 Bed 2 Bath - Prospect Avenue2BR,2BA$1.10
Apartments at Nautica3 Bed 2 Bath3BR,2BA$1.32
University Lofts2BR/2.0BA2BR,2BA$1.27
Stonebridge WaterfrontSuite Style A & B2BR,2BA$1.12
Innerbelt Lofts2/22BR,2BA$1.26
Prospect Yard2 Bedroom2BR,1BA$0.45
Bridgeview Apartments1BR/1.0BA1BR,1BA$1.26
The Residences At Hanna1 Bed 1 Bath1BR,1BA$1.22
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
Sankofa Village1 Bed 1 Bath1BR,1.5BA$1.10

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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Local Expert's Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland

Learn About the Best Neighborhoods to Rent Near College Campuses in Cleveland, OH | Find Cleveland Off-Campus Student Housing

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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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Pet Friendly Lifestyle
Downtown Cleveland, Cleveland, OH

Ranked #3

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Cleveland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Cleveland Apartments

What is a cheap apartment in Downtown Cleveland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Cleveland is under $1,010.

What is the price of a cheap apartment in Downtown Cleveland?

The cheapest apartment in Downtown Cleveland is Sankofa Village which is listed at $829, while the average apartment in Downtown Cleveland costs $7,548.

What types of apartments are the cheapest in Downtown Cleveland?

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 150 regular apartments in Downtown Cleveland 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 Downtown Cleveland?

Cheap apartments in Downtown Cleveland have an average cost of $2,029 which is $5,519 cheaper than the average rent for all rentals in Downtown Cleveland.

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

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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.

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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 .

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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.

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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

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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.

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.