
Cheap Apartments for Rent in the Waterloo Arts District Cleveland, OH from $600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterloo Arts District area of Cleveland.


392 E 147th St, Unit 10

14628 Lakeshore Blvd, Unit 14628

1125-E174 E 174th St, Unit Loft efficentcy
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.

Hilltop Estates

Grandview Pointe

14300 Lakeshore Blvd, Unit 12

Total Monthly Price
1863 Noble Rd, Unit 1
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.
Waterloo Arts District, Cleveland, OH Local Guide

How much does it cost to rent an apartment in Waterloo Arts District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterloo Arts District 1 Bedroom Apartments | $905 | $750 | $1,136 |
| Waterloo Arts District 2 Bedroom Apartments | $1,082 | $650 | $1,500 |
| Waterloo Arts District 3 Bedroom Apartments | $1,245 | $900 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Waterloo Arts District Neighborhood of Cleveland, OH.
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Waterloo Arts District, Cleveland, OH Local Guide
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Cheapest Available Waterloo Arts District Apartments for Rent
 The cheapest available apartment rental in the Waterloo Arts District area of Cleveland, OH is a 2 Beds unit found at Hilltop Estates priced from $775. Cultural Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here are the most affordable Waterloo Arts District apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hilltop Estates | Two Bedroom One Bath | 2BR,1BA | $775 |
| Cultural Gardens Apartments | 1Bed 1Bath Apartment | 1BR,1BA | $833 |
| Nottingham Place Apartments | 1 Bed 1 Bath B | 1BR,1BA | $860 |
Best Value Apartments for Rent in Waterloo Arts District, OH
As of June 10, 2026 the best value apartment in the Waterloo Arts District area is the $1.14 price per square foot 2 Bedroom 1 5 Bath with Balcony Model at Grandview Pointe in the in the South Collinwood neighborhood starting from $1,002. The second greatest value Waterloo Arts District apartment is the 1863 Noble Rd Model at 1863 Noble Rd, Unit 1 starting at $650 with a $0.76 price per square foot in the Caledonia neighborhood. Here is today’s list of the best values for Waterloo Arts District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grandview Pointe | 2 Bedroom 1 5 Bath with Balcony | 2BR,1.5BA | $1.14 |
| 1863 Noble Rd, Unit 1 | 1863 Noble Rd | 2BR,1BA | $0.76 |
| Hilltop Estates | Two Bedroom One Bath | 2BR,1BA | $1.02 |
| Euclid Terrace - Deegan Management | Euclid Terrace- 2 Bedroom King | 2BR,1.5BA | $1.78 |
| 798 E 157th St | 3 Bed | 3BR,1BA | $1.63 |
| Cultural Gardens Apartments | 1Bed 1Bath Apartment | 1BR,1BA | $1.30 |
| Kenwood Crossing | 1BR/1.0BA | 1BR,1BA | $1.73 |
| Euclid Beach | EBC1B1B | 1BR,1BA | $2.07 |
| Nottingham Place Apartments | 1 Bed 1 Bath A | 1BR,1BA | $2.11 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleWaterloo Arts District, Cleveland, OH
Ranked #74
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Waterloo Arts District Apartments
What is the price of a cheap apartment in Waterloo Arts District?
The cheapest apartment in Waterloo Arts District is Cultural Gardens Apartments which is listed at $833, while the average apartment in Waterloo Arts District costs $1,275.
What types of apartments are the cheapest in Waterloo Arts District?
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 8 regular apartments in Waterloo Arts District 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 Waterloo Arts District?
Cheap apartments in Waterloo Arts District have an average cost of $132 which is $1,143 cheaper than the average rent for all rentals in Waterloo Arts District.
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

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.

Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Written by: Sandy Baker
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 .

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Written by: Sandy Baker
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.

Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture
Written by: Sandy Baker
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.