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

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property at 3152 W 46th St

3152 W 46th St

ClevelandOH44102

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.

property at 56 Beech St

56 Beech St

BereaOH44017

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.

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.

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.

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.

Cleveland, OH Local Guide

Cheapest Neighborhoods for Apartments in Cleveland, OH

Pricing Updated: 11/02/2025

Current apartment rentals in the Cleveland, OH area range in price from $550 to $24,652 with an overall median price of $4,190. 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$6754
Libby Road$997$6751
North Elyria$1,000$5954
Orchard Villas$1,060$68015
Robin Park$1,095$5804
Mount Pleasant$1,100$55036
South Elyria$1,122$5805
East Elyria$1,190$5807
Union-Miles Park$1,372$55096
South Mentor$1,379$87919

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. Eastern Heights Apartments in the Caledonia neighborhood has the second lowest priced unit, which is a 1 Bed 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
Eastern Heights Apartments1 Bedroom1BR,1BA$595
Lakeland CommonsStudioStudio,1BA$635
Shaker CrossingOne Bed One Bath1BR,1BA$635
Crystal Tower1 Bed 1 Bath Junior w balcony1BR,1BA$649
The VistaJunior1BR,1BA$660
Indian Hills Senior CommunityStudio StandardStudio,1BA$670
Clifton Court ApartmentsStudioStudio,1BA$675
Maple Highlands Apartments1 Bed 1 Bath1BR,1BA$680
Dorchester Village ApartmentsA Suite1BR,1BA$690

Best Value Apartments for Rent in Cleveland, OH

As of November 03, 2025 the best value apartment in the Cleveland area is the $0.47 price per square foot Center Unit Model at Hessler 113 Townhomes in the in the University Area neighborhood starting from $995. The second greatest value Cleveland apartment is the 3720 E 151st St Model at 3720 E 151st St, Unit New Listing! Spacious 2BR starting at $1,200 with a $0.63 price per square foot in the Woodland Hills 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.
Hessler 113 TownhomesCenter Unit6BR,3.5BA$0.47
3720 E 151st St, Unit New Listing! Spacious 2BR3720 E 151st St2BR,1BA$0.63
1653 Bunts Rd, Unit 21653 Bunts Rd2BR,1BA$0.79
Reserve OverlookPrivate Bedroom in a 4 Bedroom 4.5 Bath (per be...1BR,1BA$0.57
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.80
2065 Random Rd, Unit 2nd Floor2065 Random Rd2BR,1BA$0.68
15819 Huntmere Ave, Unit Cleveland OH15819 Huntmere Ave2BR,1BA$0.82
15987 Nelamere Rd, Unit 115987 Nelamere Rd2BR,1BA$0.84
The Balfour Apartments1 Bedroom1BR,1BA$0.80
Prospect Yard2 Bedroom2BR,1BA$0.45

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

Explore Cleveland, OH Rentals by Map

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Frequently Asked Questions about Cleveland

What type of rentals are currently available in Cleveland?

There are currently 2927 Apartments for Rent in Cleveland, OH with pricing that ranges from $550 to $24,652. There are also 888 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cleveland ranging from $500 to $5,500.

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 $500 to $5,500 with an average monthly rent of $1,713.

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 $875 to $8,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $4,000. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $1,050.

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.

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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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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! 

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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.