Cheap Apartments for Rent in the Playhouse Square Neighborhood of Cleveland, OH from $400 (61 Rentals)

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

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 1589 E 32nd St

1589 E 32nd St

ClevelandOH44114

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.

property at 1133 W 9th St

1133 W 9th St

ClevelandOH44113

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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Prospect Yard
1 to 2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included
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Cornerstone Apartments
1 to 2 Bedroom Apartments

Cornerstone Apartments

3147 Prospect AveCleveland, OH 44115
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Plaza Suites
Studio to 3 Bedroom Apartments

Plaza Suites

3206 E Prospect AveCleveland, OH 44115
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Langston Commons
2 to 4 Bedroom Apartments

Langston Commons

3043 Project AveCleveland, OH 44115

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.

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. 2320 Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Playhouse Square apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
2320 LoftsCo-Living 1 BR in 3 BR1BR,1BA$725
University StudiosThe FreshmanStudio,1BA$880
Domain At ClevelandThe StokesStudio,1BA$910
Perry Payne Apartments0BR/1.0BAStudio,1BA$939
Innerbelt LoftsGorgeous Modern loft studio available for $950!...Studio,1BA$950
Lofts at 629 Euclidls-544Studio,1BA$985
Crittenden Court ApartmentsStudio Type CStudio,1BA$990
Innovation LandingStudio BStudio,1BA$990

Best Value Apartments for Rent in Playhouse Square, OH

As of November 06, 2025 the best value apartment in the Playhouse Square area is the $1.24 price per square foot Two Bedroom Model at Huron Square and The Osborn Apartments in the in the Gateway District neighborhood starting from $1,495. The second greatest value Playhouse Square apartment is the 2 Bedroom Model at Prospect Yard starting at $451 with a $0.45 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.
Huron Square and The Osborn ApartmentsTwo Bedroom2BR,2.5BA$1.24
Prospect Yard2 Bedroom2BR,1BA$0.45
Innerbelt Lofts2/22BR,2BA$1.54
Worthington Square Apartments2032BR,1BA$1.44
The Residences at 6681 Bed 1 Bath - Euclid Avenue1BR,1BA$1.39
The Bradley Building4021BR,1BA$1.38
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.29
2125 Superior Living1B/1B1BR,1BA$1.56
The Residences At Hanna1 Bed 1 Bath A1BR,1BA$1.52
2344 Prospect Ave E, Unit 2052344 Prospect Ave E1BR,1BA$1.42

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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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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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!

Getting Around the Playhouse Square Neighborhood in Cleveland, OH

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

75 / 100

Excellent Transit

Transit is convenient for most trips

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 $990.

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

The cheapest apartment in Playhouse Square is 2320 Lofts which is listed at $725, while the average apartment in Playhouse Square costs $3,295.

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 249 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 $460 which is $2,835 cheaper than the average rent for all rentals in Playhouse Square.

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.