
Cheap Apartments for Rent in the Downtown Neighborhood of Cleveland, OH from $400 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Cleveland.


2344 Prospect Ave E

Reserve Square Apartments

Crittenden Court Apartments

University Studios

1579 E 32nd St, Unit Up, Unit Up

Total Monthly Price
LIV Cleveland

Perry Payne Apartments

Walker Weeks

Total Monthly Price
1585 E 32nd St, Unit NA, Unit NA
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.

The Athlon

The Lofts at Southworth

Lofts at 629 Euclid

Textile Lofts

Innerbelt Lofts

Huron Square and The Osborn Apartments

Residences at 55

Worthington Square Apartments

Bridgeview Apartments

The Residences At Hanna
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.

Ten60 Bolivar

The Electric Building

The Grant

The Statler

Liberty Lofts

1133 W 9th St

Innovation Landing

The Garfield

The Residences at 668

Iconic Living at The 9
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.

Skyline 776

East 4th Street

The Schofield Residence

LOFTS of West 9

The Bingham Apartment Homes

Mueller Lofts

Shorehaus Lofts

Euclid Grand

Ivory on Euclid

Tower Press
Cleveland Rocks: Your Essential Guide to the Land's Neighborhoods and Culture
Discover the best areas for renters in Cleveland, from vibrant Ohio City and University Circle to suburban Lakewood and Shaker Heights. Get to know The Land.

Residences at 1717

The Terminal Tower Residences

The Archer Apartment Homes

The Creswell

The Bulkley

Total Monthly Price
The Standard

The Bradley Building

The May

Residences at Leader

2320 Lofts
Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Find the top neighborhoods and best apartments for rent near major employers like The Cleveland Clinic, KeyBank, and Progressive Insurance.
Downtown, Cleveland, OH Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,103 | $875 | $1,455 |
| Downtown 1 Bedroom Apartments | $1,562 | $829 | $3,671 |
| Downtown 2 Bedroom Apartments | $2,234 | $1,125 | $6,250 |
| Downtown 3 Bedroom Apartments | $3,077 | $1,200 | $6,750 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Cleveland, OH.
See all Apartments in ClevelandExplore Cleveland
Downtown, Cleveland, OH Local Guide
- Nearby Cleveland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Sankofa Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Downtown 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 |
| Reserve Square Apartments | 1 Bedroom 1 Bath Deluxe & Executive | 1BR,1BA | $865 |
| University Studios | The Freshman | Studio,1BA | $880 |
| LIV Cleveland | E1 | Studio,1BA | $949 |
| Crittenden Court Apartments | Studio Type A | Studio,1BA | $955 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $995 |
| Lofts at 629 Euclid | l1-584 | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Downtown, OH
As of April 27, 2026 the best value apartment in the Downtown area is the $1.24 price per square foot 506 Model at The Bradley Building in the in the Gateway District neighborhood starting from $1,650. The second greatest value Downtown apartment is the 2 Bedroom 2 Bathroom Model at The Bingham Apartment Homes starting at $1,559 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bradley Building | 506 | 1BR,1BA | $1.24 |
| The Bingham Apartment Homes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.28 |
| Tower Press | 2BR/1.0BA | 2BR,1BA | $1.53 |
| Worthington Yards | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.53 |
| The Lofts | 1BR/1.0BA | 1BR,1BA | $1.54 |
| Prospect Yard | 2 Bedroom | 2BR,1BA | $0.45 |
| The Residences at 668 | 1 Bed 1 Bath - Euclid Avenue | 1BR,1BA | $1.43 |
| The Residences At Hanna | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
| Walker Weeks | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Sankofa Village | 1 Bed 1 Bath | 1BR,1.5BA | $1.10 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown, Cleveland, OH
Ranked #14
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,045.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Sankofa Village which is listed at $829, while the average apartment in Downtown costs $2,441.
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 154 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 $457 which is $1,984 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.
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
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.