Cheap Apartments for Rent in the Playhouse Square Neighborhood of Cleveland, OH from $400 (68 Rentals)

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

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

Total Monthly Price

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

LIV Cleveland

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

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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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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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 1133 W 9th St

$1,195 - $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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The Standard
Rent Specials
$1,354 - $5,672
Total Monthly Price

Total Monthly Price

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$1,354 - $5,672
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1 to 3 Bedroom Apartments Available Now

The Standard

99 W Saint Clair AveCleveland, OH 44113
Furnished
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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 1133 W 9th St

$1,500 - $2,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,250
Total Monthly Price
$1,500 - $2,250

1 To 2 Bedroom Condos for Rent

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1133 W 9th St

ClevelandOH44113
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Prospect Yard
1 to 2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included

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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Playhouse Square, Cleveland, OH Local Guide

Cheapest Available Playhouse Square Apartments for Rent

 

The cheapest available apartment rental in the Playhouse Square 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 Playhouse Square 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
LIV ClevelandE1Studio,1BA$949
Crittenden Court ApartmentsStudio Type CStudio,1BA$990
Walker Weeks1 Bedroom 1 Bath1BR,1BA$995
Lofts at 629 Euclidl1-6491BR,1BA$1,030
Huron Square and The Osborn ApartmentsOne bedroom1BR,1BA$1,099

Best Value Apartments for Rent in Playhouse Square, OH

As of May 21, 2026 the best value apartment in the Playhouse Square area is the $1.26 price per square foot 2BR/2.0BA Model at 2320 Lofts in the in the Gateway District neighborhood starting from $1,750. The second greatest value Playhouse Square apartment is the 1 BD 1 BA Model at The Bradley Building starting at $1,900 with a $1.42 price per square foot in the Gateway District neighborhood. Here is today’s list of the best values for Playhouse Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2320 Lofts2BR/2.0BA2BR,2BA$1.26
The Bradley Building1 BD 1 BA1BR,1BA$1.42
The Bingham Apartment Homes2 Bedroom 2 Bathroom2BR,2BA$1.35
Innerbelt Lofts2/22BR,2BA$1.26
Tower Press2BR/1.0BA2BR,1BA$1.53
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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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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Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States including Playhouse Square, Cleveland, and the greater Cleveland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Playhouse Square Apartments

What is a cheap apartment in Playhouse Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Playhouse Square is under $1,099.

What is the price of a cheap apartment in Playhouse Square?

The cheapest apartment in Playhouse Square is Sankofa Village which is listed at $829, while the average apartment in Playhouse Square costs $2,931.

What types of apartments are the cheapest in Playhouse Square?

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 154 regular apartments in Playhouse Square 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 Playhouse Square?

Cheap apartments in Playhouse Square have an average cost of $708 which is $2,223 cheaper than the average rent for all rentals in Playhouse Square.

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.

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