Cheap Homes for Rent in Cleveland, OH from $500 (292 Rentals)

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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 1261 E 99th St

1261 E 99th St

ClevelandOH44108

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 15108 Euclid Ave

15108 Euclid Ave

East ClevelandOH44112

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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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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Cleveland, OH Local Guide

Cheapest Neighborhoods for Apartments in Cleveland, OH

Pricing Updated: 09/18/2025

Current apartment rentals in the Cleveland, OH area range in price from $550 to $9,500 with an overall median price of $2,514. The three Cleveland neighborhoods with the lowest median rent pricing are Asia Town at $650, North Elyria at $650, and Campus District at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Cleveland Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Asia Town$1,250$6504
North Elyria$1,322$6509
Campus District$1,350$1,3501
Moreland$1,380$75026
Goodrich Kirtland$1,395$6506
Mount Pleasant$1,459$75029
Eadie$1,468$70030
Brooklyn-Centre$1,475$8008
Cudell$1,500$79917
Ludlow$1,500$79534

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. Harbor Crest in the Lakeland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $585. Here is today’s list of the most affordable Cleveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
Harbor CrestStudioStudio,1BA$585
Shaker CrossingOne Bed One Bath1BR,1BA$635
Lakeland CommonsStudioStudio,1BA$635
Franklin ManorStudioStudio,1BA$649
The VistaJunior1BR,1BA$660
Lakeland Tower1 Bed/1 Bath Junior1BR,1BA$665
3567 Bosworth Rd1 Bedroom-1BR,1BA$665
Indian Hills Senior CommunityStudio StandardStudio,1BA$670
Clifton Court ApartmentsStudioStudio,1BA$675

Best Value Apartments for Rent in Cleveland, OH

As of September 18, 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 Private Bedroom in a 4 Bedroom 4.5 Bath (per be... Model at Reserve Overlook starting at $940 with a $0.57 price per square foot in the University Area 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
Reserve OverlookPrivate Bedroom in a 4 Bedroom 4.5 Bath (per be...1BR,1BA$0.57
4043 Saint Clair Ave, Unit UE4043 Saint Clair Ave3BR,1BA$0.86
Lafayette Village3 Bedroom Suite3BR,1.5BA$0.80
The Balfour Apartments1 Bedroom1BR,1BA$0.80
8918 Folsom Ave, Unit 28918 Folsom Ave3BR,1BA$0.86
4233 Ridge Rd, Unit 54233 Ridge Rd1BR,1BA$0.85
Prospect Yard2 Bedroom2BR,1BA$0.45
Water's Edge1 Bed 1 Bath1BR,1BA$0.85
3567 Bosworth Rd1 Bedroom-1BR,1BA$0.81

Quick Rent Budget Calculator

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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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See the most popular apartments and homes in Cleveland, OH

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Cleveland, OH Area Reviews

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Frequently Asked Questions about Cleveland

What type of rentals are currently available in Cleveland?

There are currently 2854 Apartments for Rent in Cleveland, OH with pricing that ranges from $550 to $23,854. There are also 912 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cleveland ranging from $550 to $7,000.

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 $7,000 with an average monthly rent of $1,979.

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 $750 to $8,865, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,097.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.