Cheap Homes for Rent in Downtown Cleveland Neighborhood of Cleveland, OH from $800 (6 Rentals)

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Search the lowest-cost Homes 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

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.

property at 1133 W 9th St

$1,500 - $2,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,250

Total Monthly Price
$1,500 - $2,250

1 To 2 Bedroom Condos for Rent

Available Now

1133 W 9th St

ClevelandOH44113

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.

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

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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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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Frequently Asked Questions about Downtown Cleveland

What type of rentals are currently available in Downtown Cleveland?

There are currently 146 Apartments for Rent in Downtown Cleveland, OH with pricing that ranges from $490 to $7,548. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Cleveland ranging from $850 to $9,500.

What is the current price range for Rental Homes in Downtown Cleveland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Cleveland ranges from $850 to $9,500 with an average monthly rent of $3,077.

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.

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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.