Cheap Apartments for Rent in the Lakefront Neighborhood of Cleveland, OH from $400 (86 Rentals)

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

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1438 E 45th St
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
Studio to 1 Bedroom Apartment Available Now

1438 E 45th St

1438 E 45th StCleveland, OH 44103
Furnished
property at 1366 E 45th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

1366 E 45th St

ClevelandOH44103

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.

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LIV Cleveland
Rent Specials
$949 - $5,272
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $5,272
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

LIV Cleveland

1801 E 12th StCleveland, OH 44114
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Residences at 55
Rent Specials
$1,103 - $4,732
Total Monthly Price

Total Monthly Price

Base Rent
$1,103 - $4,732
Total Monthly Price
$1,103 - $4,732
1 to 2 Bedroom Apartments Available Now

Residences at 55

55 Public SqCleveland, OH 44113
Affordability
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property at 1133 W 9th St

$1,150 - $2,250

1 To 2 Bedroom Rentals

Available Now

1133 W 9th St

ClevelandOH44113

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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property at 1563 E 45th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1563 E 45th St

ClevelandOH44103

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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Flats at East Bank
Rent Specials
$1,325 - $7,548
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $7,548
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Flats at East Bank

1055 Old River RdCleveland, OH 44113
Student Housing
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The Standard
Rent Specials
$1,424 - $5,672
Total Monthly Price

Total Monthly Price

Base Rent
$1,424 - $5,672
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Standard

99 W Saint Clair AveCleveland, OH 44113
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Cleveland Rocks: Your Essential Guide to the Land's Neighborhoods and Culture

Discover the best areas for renters in Cleveland, from vibrant Ohio City and University Circle to suburban Lakewood and Shaker Heights. Get to know The Land.

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Lakefront, Cleveland, OH Local Guide

Cheapest Available Lakefront Apartments for Rent

 

The cheapest available apartment rental in the Lakefront area of Cleveland, OH is a 2 Beds unit found at Prospect Yard priced from $451. Sankofa Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Lakefront apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
Sankofa Village1 Bed 1 Bath1BR,1BA$829
Reserve Square Apartments1 Bedroom 1 Bath Deluxe & Executive1BR,1BA$865
University StudiosThe FreshmanStudio,1BA$880
Life At AgoraStudio AStudio,1BA$919
LIV ClevelandE1Studio,1BA$949
Walker Weeks1 Bedroom 1 Bath1BR,1BA$995
Lofts at 629 Euclidl1-5841BR,1BA$1,045

Best Value Apartments for Rent in Lakefront, OH

As of May 14, 2026 the best value apartment in the Lakefront area is the $1.34 price per square foot 2BR/2.0BA Model at 2320 Lofts in the in the Gateway District neighborhood starting from $1,850. The second greatest value Lakefront apartment is the 506 Model at The Bradley Building starting at $1,650 with a $1.24 price per square foot in the Gateway District neighborhood. Here is today’s list of the best values for Lakefront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2320 Lofts2BR/2.0BA2BR,2BA$1.34
The Bradley Building5061BR,1BA$1.24
Stonebridge WaterfrontSuite Style A & B2BR,2BA$1.12
1600 E 49th St1600 E 49th St2BR,1BA$0.88
Innerbelt Lofts2/22BR,2BA$1.26
Prospect Yard2 Bedroom2BR,1BA$0.45
The Residences at 6681 Bed 1 Bath - Euclid Avenue1BR,1BA$1.43
The Residences At Hanna1 Bed 1 Bath1BR,1BA$1.22
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
Sankofa Village1 Bed 1 Bath1BR,1.5BA$1.10

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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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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Pet Friendly Lifestyle
Lakefront, Cleveland, OH

Ranked #7

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Cleveland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, places to raise kids, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lakefront Apartments

What is a cheap apartment in Lakefront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakefront is under $1,045.

What is the price of a cheap apartment in Lakefront?

The cheapest apartment in Lakefront is Sankofa Village which is listed at $829, while the average apartment in Lakefront costs $7,548.

What types of apartments are the cheapest in Lakefront?

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 176 regular apartments in Lakefront 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 Lakefront?

Cheap apartments in Lakefront have an average cost of $2,017 which is $5,531 cheaper than the average rent for all rentals in Lakefront.

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

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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

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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

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.