Cheap Apartments for Rent in Lake County, OH from $500 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake County.

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.

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.

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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Clearwater Apartments
Studio to 1 Bedroom Apartments

Clearwater Apartments

33033 Curtis BlvdEastlake, OH 44095
  • Utilities Included
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Wesley Village
1 to 2 Bedroom Apartments

Wesley Village

150 W South StPainesville, OH 44077
Senior Living
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Willo Vu Apartments
1 to 2 Bedroom Apartments

Willo Vu Apartments

33145 Vine StWillowick, OH 44095
  • Utilities Included
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Andrews Place
1 to 2 Bedroom Apartments

Andrews Place

7766-7784 Salida RdMentor, OH 44060
Senior Living
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Willoughbeach Terrace
1 to 2 Bedroom Apartments

Willoughbeach Terrace

30707 Lake Shore BlvdWillowick, OH 44095
Senior Living
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Seneca Grove
2 to 3 Bedroom Apartments

Seneca Grove

707 Argonne DrPainesville, OH 44077

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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Vineyards of Madison
2 Bedroom Apartments

Vineyards of Madison

6700 Grape Arbor DrMadison, OH 44057
  • Utilities Included
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Parker Place
1 to 2 Bedroom Apartments

Parker Place

38036-38044 2nd StWilloughby, OH 44094
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Wilshire Manor
1 Bedroom Apartments

Wilshire Manor

30600 Euclid AveWickliffe, OH 44092
  • Utilities Included
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Rainforest Village
1 to 2 Bedroom Apartments

Rainforest Village

555 W Jackson StPainesville, OH 44077
  • Utilities Included

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.

Cheapest Available Lake County Apartments for Rent

 

The cheapest available apartment rental in Lake County, OH is a 2 Beds unit found at Painesville Townhouse Apartments in the Northeast Cleveland neighborhood priced from $595. Dover Place in the Downtown Willoughby neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Painesville Townhouse Apartments2 Beds, 1 bath2BR,1BA$595
Dover PlaceStudioStudio,1BA$715
Willoughby Hills Towers1 Bed 1 Bath Flat1BR,1BA$813
Bishop Park ApartmentsJr. 1 Bedroom High Rise1BR,1BA$875
Rainforest Village1 Bed / 1 Bath - Vinyl Flooring / Stainless Ste...1BR,1BA$880
Shoregate TowersJr. One Bedroom1BR,1BA$900
Andover Courtyard1Bed 1 Bath1BR,1BA$950
Pine Ridge Apartments1 Bed 1 Bath (6 Layouts)1BR,1BA$990
Wickliffe Manor1BR/1.0BA1BR,1BA$995
Cedarwood Estates Apartments1 Bedroom1BR,1BA$1,040

Best Value Apartments for Rent in Lake County, OH

As of April 23, 2026 the best value apartment in the Lake County area is the $1.29 price per square foot 2BR/1.5BA Model at Wickliffe Gardens in the in the Bayridge neighborhood starting from $1,350. The second greatest value Lake County apartment is the B2-R Model at Willogrove Apartments starting at $1,249 with a $1.31 price per square foot in the Brentwood neighborhood. Here is today’s list of the best values for Lake County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wickliffe Gardens2BR/1.5BA2BR,1.5BA$1.29
Willogrove ApartmentsB2-R2BR,1BA$1.31
Willowood Apartments2 Bedroom/1 Bath2BR,1BA$1.27
Colonial VillageColonial Village: 2 Bed 1 Bath - Premium2BR,1BA$1.32
Willowick Towers2BR/1BA2BR,1BA$1.23
Surfside TowersThe Erie2BR,1BA$1.34
Queensdale Apartments2 Bedroom2BR,1BA$1.38
Willoughby Hills Towers1 Bed 1 Bath Flat1BR,1BA$1.04
Pine Ridge Apartments1 Bed 1 Bath (6 Layouts)1BR,1BA$1.27
Painesville Townhouse Apartments1 Bed, 1 bath1BR,1BA$1.08

Frequently Asked Questions about Cheap Lake County Apartments

How much is rent for a Cheap One Bedroom Lake County Apartment?

The lowest price for a Cheap One Bedroom Lake County Apartment is $650 at Painesville Townhouse Apartments.

What is the lowest price for a Cheap Two Bedroom Lake County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake County is starting from $595 at Painesville Townhouse Apartments.

What is the most affordable Lake County Three Bedroom Apartment?

The best deal on a cheap Lake County Three Bedroom Apartment rental is at Queensdale Apartments and starts from $1,200.

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.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.