Cheap Apartments for Rent in the Lakefront Neighborhood of Cleveland, OH from $400 (74 Rentals)

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

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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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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property at 1133 W 9th St

1133 W 9th St

ClevelandOH44113

Cleveland's Best Affordable Neighborhoods

Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker

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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. Stockbridge Apartments ALL UTILITIES INCLUDED has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Lakefront apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
Stockbridge Apartments ALL UTILITIES INCLUDEDStudio & EfficiencyStudio,1BA$695
2320 LoftsCo-Living 1 BR in 3 BR1BR,1BA$725
Perry Payne Apartments0BR/1.0BAStudio,1BA$939
Reserve Square*Standard StudioStudio,1BA$946
LIV ClevelandE1Studio,1BA$949
Innerbelt LoftsSpring Leasing Special! Studios for $950/month ...Studio,1BA$950
Lofts at 629 Euclidls-636Studio,1BA$985

Best Value Apartments for Rent in Lakefront, OH

As of June 18, 2025 the best value apartment in the Lakefront area is the $1.07 price per square foot 702 Model at The Bradley Building in the in the Gateway District neighborhood starting from $1,750. The second greatest value Lakefront apartment is the Suite Style A & B Model at Stonebridge Waterfront starting at $1,410 with a $1.08 price per square foot in the Downtown Cleveland 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.
The Bradley Building7022BR,1.5BA$1.07
Stonebridge WaterfrontSuite Style A & B2BR,2BA$1.08
The Bingham Apartment Homes2 Bedroom 2 Bathroom2BR,2BA$1.39
The Lofts at SouthworthTwo Bedroom-322BR,2BA$1.39
Prospect Yard2 Bedroom2BR,1BA$0.45
The Residences at 6681 Bed 1 Bath - Euclid Avenue1BR,1BA$1.39
The Residences At Hanna1 Bed 1 Bath1BR,1BA$1.19
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
3814 Prospect Ave E, Unit 4023814 Prospect Ave E1BR,1BA$1.13
2344 Prospect Ave E, Unit 2052344 Prospect Ave E1BR,1BA$1.42

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Pet Friendly Lifestyle
Lakefront, Cleveland, OH

Ranked #5

Among neighborhoods in Cleveland, OH 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.

Getting Around the Lakefront Neighborhood in Cleveland, OH

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $985.

What is the price of a cheap apartment in Lakefront?

The cheapest apartment in Lakefront is 2320 Lofts which is listed at $725, while the average apartment in Lakefront costs $7,116.

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 25 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 $1,960 which is $5,156 cheaper than the average rent for all rentals in Lakefront.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.