Cheap Homes for Rent in Shaker Lakes Neighborhood of Cleveland, OH from $800 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Shaker Lakes area of Cleveland.

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Shaker Lakes, Cleveland, OH Local Guide

Cheapest Available Shaker Lakes Apartments for Rent

 

The cheapest available apartment rental in the Shaker Lakes area of Cleveland, OH is a 1 Bed unit found at Shakertowne Apartments priced from $700. Kemper House has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Shaker Lakes apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Shakertowne Apartments1bd/1bh1BR,1BA$700
Kemper HouseStudio: Experience the Charm at Kemper House - ...Studio,1BA$700
Van Aken CourtEfficienciesStudio,1BA$755

Best Value Apartments for Rent in Shaker Lakes, OH

As of November 10, 2025 the best value apartment in the Shaker Lakes area is the $1.24 price per square foot 3083 E Derbyshire Rd Model at 3083 E Derbyshire Rd, Unit 2 in the in the Shaker Lakes neighborhood starting from $2,100. The second greatest value Shaker Lakes apartment is the 3 Bed/ 3 Bath Model at Embassy House starting at $1,650 with a $1.00 price per square foot in the Shaker Lakes neighborhood. Here is today’s list of the best values for Shaker Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3083 E Derbyshire Rd, Unit 23083 E Derbyshire Rd4BR,2BA$1.24
Embassy House3 Bed/ 3 Bath3BR,3BA$1.00
Cormere (IN-UNIT WASHER & DRYER)3 Bed/ 2 Bath3BR,2BA$1.15
3367 E Scarborough Rd, Unit 33673367 E Scarborough Rd2BR,1BA$1.17
3126 Kensington Rd, Unit 2nd floor3126 Kensington Rd2BR,1BA$1.04
Monty2 Bed/ 1 Bath2BR,1BA$1.15
Bon Air Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.23
Fairhill Apartments2 Bedroom2BR,2BA$1.26
Shaker Park East Apartments1 Bedroom 1 Bath Large1BR,1BA$1.04
Shakertowne Apartments1bd/1bh1BR,1BA$1.17

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Pet Friendly Lifestyle
Shaker Lakes, Cleveland, OH

Ranked #58

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Shaker Lakes, Cleveland, OH

School data provided by Great Schools

Frequently Asked Questions about Shaker Lakes

What type of rentals are currently available in Shaker Lakes?

There are currently 117 Apartments for Rent in Shaker Lakes, OH with pricing that ranges from $595 to $31,246. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shaker Lakes ranging from $800 to $4,700.

What is the current price range for Rental Homes in Shaker Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Shaker Lakes ranges from $800 to $4,700 with an average monthly rent of $2,175.

How much are larger Three and Four Bedroom Rentals in Shaker Lakes?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Shaker Lakes range from $1,300 to $5,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,895.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.