Cheap Apartments for Rent in the Downtown Neighborhood of Cleveland, OH from $400 (67 Rentals)

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

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 1589 E 32nd St

$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

1589 E 32nd St

ClevelandOH44114

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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property at 1133 W 9th St

$1,195 - $1,800

1 To 2 Bedroom Rentals

Available Now

1133 W 9th St

ClevelandOH44113

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Prospect Yard
1 to 2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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. 2320 Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Downtown apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
2320 LoftsCo-Living 1 BR in 3 BR1BR,1BA$725
LIV ClevelandE2Studio,1BA$902
Domain At ClevelandThe StokesStudio,1BA$910
Innerbelt LoftsStudio - 0/1Studio,1BA$950
Crittenden Court ApartmentsStudio Type CStudio,1BA$990
Lofts at 629 Euclidls-544Studio,1BA$990
Walker Weeks1 Bedroom 1 Bath1BR,1BA$995
Huron Square and The Osborn ApartmentsOne bedroom1BR,1BA$999

Best Value Apartments for Rent in Downtown, OH

As of January 06, 2026 the best value apartment in the Downtown area is the $1.43 price per square foot 2 Bedrooms, 2 Bathrooms Model at Worthington Yards in the in the Gateway District neighborhood starting from $2,100. The second greatest value Downtown apartment is the 2BR/2.0BA Model at Bridgeview Apartments starting at $1,550 with a $1.43 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.
Worthington Yards2 Bedrooms, 2 Bathrooms2BR,2BA$1.43
Bridgeview Apartments2BR/2.0BA2BR,2BA$1.43
Prospect Yard2 Bedroom2BR,1BA$0.45
Worthington Square Apartments2032BR,1BA$1.44
The Residences at 6681 Bed 1 Bath - Euclid Avenue1BR,1BA$1.39
The Bradley Building4021BR,1BA$1.38
The Residences At Hanna1 Bed 1 Bath1BR,1BA$1.19
Huron Square and The Osborn ApartmentsOne bedroom1BR,1BA$1.25
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
2344 Prospect Ave E, Unit 2052344 Prospect Ave E1BR,1BA$1.42

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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The 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.

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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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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, OH

Ranked #13

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 $999.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is 2320 Lofts which is listed at $725, while the average apartment in Downtown costs $2,499.

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 236 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 $516 which is $1,983 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

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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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!