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.

property at 1589 E 32nd St

1589 E 32nd St

ClevelandOH44114
property at 1133 W 9th St

1133 W 9th St

ClevelandOH44113
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Prospect Yard
1 to 2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included
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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
University StudiosThe FreshmanStudio,1BA$880
Domain At ClevelandThe StokesStudio,1BA$910
Perry Payne Apartments0BR/1.0BAStudio,1BA$939
Crittenden Court ApartmentsStudio Type CStudio,1BA$950
Innerbelt LoftsGorgeous Modern loft studio available for $950!...Studio,1BA$950
Lofts at 629 Euclidls-544Studio,1BA$985
Innovation LandingStudio BStudio,1BA$990

Best Value Apartments for Rent in Downtown, OH

As of November 03, 2025 the best value apartment in the Downtown area is the $1.29 price per square foot Two bedroom Model at Huron Square and The Osborn Apartments in the in the Gateway District neighborhood starting from $1,295. The second greatest value Downtown apartment is the 2 Bedroom Model at Prospect Yard starting at $451 with a $0.45 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.
Huron Square and The Osborn ApartmentsTwo bedroom2BR,2BA$1.29
Prospect Yard2 Bedroom2BR,1BA$0.45
Innerbelt Lofts2/22BR,2BA$1.54
Worthington Square Apartments2032BR,1BA$1.44
The Residences at 6681 Bed 1 Bath - Euclid Avenue1BR,1BA$1.39
The Bradley Building4021BR,1BA$1.38
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
2125 Superior Living1B/1B1BR,1BA$1.56
The Residences At Hanna1 Bed 1 Bath A1BR,1BA$1.52
2344 Prospect Ave E, Unit 2052344 Prospect Ave E1BR,1BA$1.42

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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 $990.

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 $2,500.

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 261 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 $568 which is $1,932 cheaper than the average rent for all rentals in Downtown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.