Cheap Apartments for Rent in Lakewood, OH from $400 (202 Rentals)

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

property at 11820 Edgewater Dr

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

Studio, 1 Bath Condo for Rent

Available Now

11820 Edgewater Dr

LakewoodOH44107

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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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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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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property at 2113 Quail St

$1,195

2 Bedroom Rentals

Available Now

2113 Quail St

LakewoodOH44107
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South Westerly
Studio to 2 Bedroom Apartments

South Westerly

14401 Detroit AveLakewood, OH 44107
Senior Living
  • Utilities Included

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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West Shore Manor
Studio to 2 Bedroom Apartments

West Shore Manor

12053 Lake AveLakewood, OH 44107
  • Utilities Included
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1352 Kenilworth Ave
Studio to 1 Bedroom Apartments

1352 Kenilworth Ave

1352 Kenilworth AveLakewood, OH 44107
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1419 Roycroft Ave
1 Bedroom Apartments

1419 Roycroft Ave

1419 Roycroft AveLakewood, OH 44107
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Clifton Cove
1 Bedroom Apartments

Clifton Cove

12511 Clifton BlvdLakewood, OH 44107
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lakewood, OH Local Guide

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Local Guide Expert

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, OH is a 1 Bed unit found at 2048 W 98th St in the Edgewater neighborhood priced from $695. Clifton Court Apartments in the Highland House neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2048 W 98th St1 Beds, 1 Baths1BR,1BA$695
Clifton Court ApartmentsStudioStudio,1BA$720
Sunset Apartments1 Bedroom1BR,1BA$725
3635 Bosworth RdStudioStudio,1BA$750
1352 Kenilworth Ave0 Beds, 1 BathsStudio,1BA$795
114 South1 Bedroom1BR,1BA$795
Lake Shore TowersEfficiency SuiteStudio,1BA$800
1Oak0AStudio,1BA$825
Las Palmas1 Bed 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Lakewood, OH

As of July 06, 2026 the best value apartment in the Lakewood area is the $1.00 price per square foot 11824 Geraldine Ave Model at 11824 Geraldine Ave, Unit Down Unit in the in the Biddulph and Memphis neighborhood starting from $1,400. The second greatest value Lakewood apartment is the 1380 Webb Rd Model at 1380 Webb Rd, Unit Down starting at $1,400 with a $1.08 price per square foot in the Lakewood neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
11824 Geraldine Ave, Unit Down Unit11824 Geraldine Ave2BR,1BA$1.00
1380 Webb Rd, Unit Down1380 Webb Rd2BR,1BA$1.08
14821 Clifton Blvd, Unit 214821 Clifton Blvd2BR,1BA$1.18
8706 Denison Ave, Unit Apt.28706 Denison Ave2BR,1BA$1.00
1316 W 91st St, Unit #1 - Downstairs1316 W 91st St2BR,1BA$1.07
3181 W 82nd St, Unit Up.3181 W 82nd St2BR,1BA$1.10
Lakewood Premier Apartments13386 Madison #6 and#51BR,1BA$1.07
Kamms Premiere ApartmentsTriskett1BR,1BA$1.11
3635 Bosworth Rd1 Bed 1 Bath1BR,1BA$1.13
3585 W 139th St, Unit #13585 W 139th St1BR,1BA$1.07

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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Lakewood Overview

Lakewood, OH is a suburb of Cleveland. It’s offers an urban feel and many residents will rent homes and apartments in the city. There are a lot of coffees shops, parks, restaurants, and bars. Many young professionals live in the city and the public schools are highly rated.

Why live in Lakewood, OH?

Lakewood has gotten some regional and national recognition with various honors, such as Best Suburb and One of the Most Exciting Small Cities in America. Lakewood has developed a reputation for being a paradise for foodies, with plenty of eclectic restaurant options. The city is the perfect place to raise a young family. The schools are highly rated and the district doesn’t need buses since every child will live less than two miles from their classroom. The city is attractive to millennials with plenty of nightlife options. There are plenty of unique neighborhoods that will appeal to any demographic and taste. There are higher rise apartments in the West End, along with historic homes in Birdtown.

Lakewood, OH
Population: 50,100

Ranked #776

in US Census Population by City

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Best Local Schools in
Lakewood, OH

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakewood, OH Rentals by Map

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See the most popular apartments and homes in Lakewood, OH

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Lakewood, OH Area Reviews

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Frequently Asked Questions about Cheap Lakewood Apartments

What is the Cheapest Studio apartment in Lakewood?

Currently the most affordable Cheap Studio Apartment in Lakewood is at Clifton Court Apartments listed at $720.

How much is rent for a Cheap One Bedroom Lakewood Apartment?

The lowest price for a Cheap One Bedroom Lakewood Apartment is $695 at 2048 W 98th St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $895 at Sunset Apartments.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Integrity Gold Coast and starts from $1,495.

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

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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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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 .

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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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.