Cheap Homes for Rent in Cleveland, OH from $500 (304 Rentals)

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Search the lowest-cost Homes available for rent right now in Cleveland.

property at 12029 Griffing Ave

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom, 1 Bath Condo for Rent

Available Now

12029 Griffing Ave, Unit 3

12029 Griffing Ave
ClevelandOH44120

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.

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.

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.

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.

property at 1130 E 68th St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

Studio, 1 Bath Condo for Rent

Available Now

1130 E 68th St, Unit 1

1130 E 68th St
ClevelandOH44103
property at 2219 W 103rd St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

2219 W 103rd St, Unit Up

2219 W 103rd St
ClevelandOH44102

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Cleveland, OH Local Guide

Cheapest Neighborhoods for Apartments in Cleveland, OH

Pricing Updated: 06/14/2026

Current apartment rentals in the Cleveland, OH area range in price from $475 to $12,947 with an overall median price of $4,030. The three Cleveland neighborhoods with the lowest median rent pricing are Mapleboro at $675, Libby Road at $675, and North Elyria at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Cleveland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mapleboro$970$6755
Libby Road$997$6755
North Elyria$1,049$59515
Orchard Villas$1,126$6807
East Elyria$1,162$59518
South Elyria$1,170$59514
Mount Pleasant$1,245$75045
Waterloo Arts District$1,250$65061
Green Oak Drive$1,250$595108
South Mentor$1,270$8797

Cheapest Available Cleveland Apartments for Rent

 

The cheapest available apartment rental in Cleveland, OH is a 2 Beds unit found at Prospect Yard in the Gateway District neighborhood priced from $451. 2048 W 98th St in the Edgewater neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here is today’s list of the most affordable Cleveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
2048 W 98th St0 Beds, 1 BathsStudio,1BA$595
Eastern Heights Apartments1 Bedroom1BR,1BA$595
Water's EdgeStudioStudio,1BA$628
Crystal Tower1 Bed 1 Bath Standard1BR,1BA$646
Shaker UniversityStudio ApartmentsStudio,1BA$650
The VistaJunior1BR,1BA$660
2515 Kemper RdNewly Renovated Studio Apartments at 13700 Fair...Studio,1BA$675

Best Value Apartments for Rent in Cleveland, OH

As of June 15, 2026 the best value apartment in the Cleveland area is the $0.86 price per square foot The Hoffman Model at The Drake in the in the Ludlow neighborhood starting from $1,400. The second greatest value Cleveland apartment is the Artist loft-Studio Model at Masonic Towers Apartments starting at $795 with a $0.53 price per square foot in the Coventry Village neighborhood. Here is today’s list of the best values for Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The DrakeThe Hoffman3BR,2BA$0.86
Masonic Towers ApartmentsArtist loft-Studio1BR,1BA$0.53
3392 Colwyn Rd, Unit Upper unit3392 Colwyn Rd3BR,1BA$0.87
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.84
Bon Air Apartments2 Bed 1 Bath2BR,1BA$0.86
The Balfour Apartments1 Bedroom1BR,1BA$0.77
Prospect Yard2 Bedroom2BR,1BA$0.45
3285 W 61st St, Unit upstairs3285 W 61st St1BR,1BA$0.85
1863 Noble Rd, Unit 11863 Noble Rd2BR,1BA$0.76
2782 E 126th St, Unit downstairs2782 E 126th St1BR,1BA$0.87

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cleveland

What type of rentals are currently available in Cleveland?

There are currently 3029 Apartments for Rent in Cleveland, OH with pricing that ranges from $475 to $12,947. There are also 895 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cleveland ranging from $550 to $11,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cleveland ranges from $550 to $11,000 with an average monthly rent of $1,831.

How much are larger Three and Four Bedroom Rentals in Cleveland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cleveland range from $650 to $9,301, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $9,500. Four Bedroom Single-Family rentals are also available starting from $850 and Four Bedroom Apartments start at $838.

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.

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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.

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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.