Cheap Apartments for Rent in the Downtown Neighborhood of Cleveland, OH from $451 (67 Rentals)

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

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LIV Cleveland
Rent Specials
$902 - $5,225

Total Monthly Price

Base Rent$902 - $5,225
Total Monthly Price$902 - $5,225
Studio to 2 Bedroom Apartments Available Now

LIV Cleveland

1801 E 12th StCleveland, OH 44114
Corporate Housing
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Residences at 55
$1,103 - $4,732

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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The Standard
Rent Specials
$1,285 - $5,449

Total Monthly Price

Base Rent$1,285 - $5,449
Total Monthly Price$1,285 - $5,449
1 to 3 Bedroom Apartments Available Now

The Standard

99 W Saint Clair AveCleveland, OH 44113
Furnished
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Downtown, Cleveland, OH Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown 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 $780. Here are the most affordable Downtown apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
University StudiosThe FreshmanStudio,1BA$780
The EdgeEdge 4-Bedroom - 4BF4BR,4BA$805
Reserve Square Apartments1 Bedroom 1 Bath Deluxe & Executive1BR,1BA$870
Crittenden Court ApartmentsStudio Type CStudio,1BA$895
LIV ClevelandE2Studio,1BA$902
Skyline 776S1Studio,1BA$999
Lofts at 629 Euclidls-608Studio,1BA$1,050
Innovation LandingStudio GStudio,1BA$1,075

Best Value Apartments for Rent in Downtown, OH

As of September 10, 2026 the best value apartment in the Downtown area is the $1.14 price per square foot 2 Bed 2 Bath Model at The Residences At Hanna in the in the Gateway District neighborhood starting from $1,594. The second greatest value Downtown apartment is the 3BR/2.0BA Model at 2320 Lofts starting at $2,100 with a $1.53 price per square foot in the Gateway District neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences At Hanna2 Bed 2 Bath2BR,2BA$1.14
2320 Lofts3BR/2.0BA3BR,2BA$1.53
The Bingham Apartment Homes2 Bedroom 2 Bathroom2BR,2BA$1.39
Walker Weeks2 Bedroom 2 Bath2BR,2BA$1.01
The Lofts2BR/2.0BA2BR,2BA$1.32
Innerbelt Lofts2/22BR,2BA$1.26
The Bradley Building1 BD 1 BA1BR,1BA$1.34
Worthington Square Apartments2 Bedroom 2 Bath2BR,2BA$1.48
Prospect Yard2 Bedroom2BR,1BA$0.45
Mueller Lofts1 Bedroom / 1 Bathroom1BR,1BA$1.55

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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, OH

Ranked #15

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 Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,075.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Reserve Square Apartments which is listed at $870, while the average apartment in Downtown costs $1,600.

What types of apartments are the cheapest in Downtown?

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 172 regular apartments in Downtown 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?

Cheap apartments in Downtown have an average cost of $551 which is $1,049 cheaper than the average rent for all rentals in Downtown.

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.

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