Cheap Apartments for Rent in Lakewood, OH from $400 (199 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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Glen Cove Apartments
1 to 2 Bedroom Apartments

Glen Cove Apartments

1277 Cove AveLakewood, OH 44107
  • Utilities Included
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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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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

Cleveland Rocks: Your Essential Guide to the Land's Neighborhoods and Culture

Discover the best areas for renters in Cleveland, from vibrant Ohio City and University Circle to suburban Lakewood and Shaker Heights. Get to know The Land.

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Lakewood, OH Local Guide

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Staff Writer
Local Guide Expert

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, OH is a Studio unit found at Clifton Court Apartments in the Highland House neighborhood priced from $675. 3635 Bosworth Rd in the Puritas-Longmead neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Clifton Court ApartmentsStudioStudio,1BA$675
3635 Bosworth RdStudioStudio,1BA$750
Lake Shore TowersEfficiency SuiteStudio,1BA$811
1Oak0AStudio,1BA$825
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850
Edgecliff Apartments1BR1BR,1BA$850
Norway Apartments1 Bed 1 Bath1BR,1BA$850
Clarence House1 Bed1BR,1BA$850

Best Value Apartments for Rent in Lakewood, OH

As of May 22, 2026 the best value apartment in the Lakewood area is the $1.11 price per square foot 2 Bedroom Model at Lake West in the in the Highland House neighborhood starting from $1,399. The second greatest value Lakewood apartment is the 8706 Denison Ave Model at 8706 Denison Ave, Unit Apt.2 starting at $1,100 with a $1.00 price per square foot in the Biddulph and Memphis 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.
Lake West2 Bedroom2BR,2BA$1.11
8706 Denison Ave, Unit Apt.28706 Denison Ave2BR,1BA$1.00
1316 W 91st St, Unit #1 - Downstairs1316 W 91st St2BR,1BA$1.13
The Brick Lofts at Historic West TechLecturn Loft - West Tech Terrace - Bookworms Re...1BR,1BA$1.19
2015 Arthur Ave, Unit 2015#112015 Arthur Ave1BR,1BA$1.00
Townhouse Apartments1BR1BR,1BA$1.12
West Shore Manor1 Bedroom Large1BR,1BA$1.10
Kamms Premiere ApartmentsTriskett1BR,1BA$1.14
Lakewood Premier Apartments13386 Madison #6 and#51BR,1BA$1.07
3635 Bosworth Rd1 Bed 1 Bath1BR,1BA$1.13

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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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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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 $675.

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

The lowest price for a Cheap One Bedroom Lakewood Apartment is $750 at Windsor Apartments.

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 $925 at Skyview Manor.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Michael Towers and starts from $2,000.

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

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.

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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 .

decorative image for Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland article

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.

decorative image for Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.