Cheap Apartments for Rent in Lakewood, OH from $400 (164 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

property at 2115 Dowd Ave

2115 Dowd Ave

LakewoodOH44107

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Glen Cove Apartments
1 Bedroom Apartments

Glen Cove Apartments

1277 Cove AveLakewood, OH 44107
  • Utilities Included
close
View Me
South Westerly
Studio to 2 Bedroom Apartments

South Westerly

14401 Detroit AveLakewood, OH 44107
Senior Living
  • Utilities Included
close
View Me
1419 Roycroft Ave
1 Bedroom Apartments

1419 Roycroft Ave

1419 Roycroft AveLakewood, OH 44107
close
View Me
14999 Madison Ave
1 Bedroom Apartments

14999 Madison Ave

14999 Madison AveLakewood, OH 44107
  • Utilities Included

Cleveland's Best Affordable Neighborhoods

Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker

Lakewood, OH Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in Lakewood, OH is a 1 Bed unit found at 3567 Bosworth Rd in the Puritas-Longmead neighborhood priced from $665. Clifton Court Apartments in the Highland House neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
3567 Bosworth Rd1 Bedroom-1BR,1BA$665
Clifton Court ApartmentsStudioStudio,1BA$675
3240 W 98th St2 Bed 1 Bath2BR,1BA$700
Sunset Apartments1 Bedroom1BR,1BA$725
Arlen Terrace Apartments1 Bed 1 Bath1BR,1BA$749
2275 Warren RdStudioStudio,1BA$750
Windsor's Lakewood PropertiesStudioStudio,1BA$775
Edgecliff ApartmentsOne Bedroom1BR,1BA$775

Best Value Apartments for Rent in Lakewood, OH

As of July 09, 2025 the best value apartment in the Lakewood area is the $1.15 price per square foot Varsity Vault and Graduates Gateway Model at The Brick Lofts at Historic West Tech in the in the Cudell neighborhood starting from $1,649. The second greatest value Lakewood apartment is the 2BR/1.0BA Model at Spacious Apartment for Rent in Edgewater! starting at $1,500 with a $1.15 price per square foot in the Highland House 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.
The Brick Lofts at Historic West TechVarsity Vault and Graduates Gateway3BR,2BA$1.15
Spacious Apartment for Rent in Edgewater!2BR/1.0BA2BR,1BA$1.15
Lakewood Premier Apartments15605 Madison-2BR,1BA$1.14
The Lake Villa1 bedroom2BR,1BA$1.18
Parkside2 Bed/1 Bath2BR,1BA$1.12
3567 Bosworth Rd1 Bedroom-1BR,1BA$0.81
West Shore Manor1 Bedroom Large1BR,1BA$1.19
Kamms Premiere ApartmentsTriskett1BR,1BA$1.06
The Minta1BR/1.0BA1BR,1BA$1.21
Arlen Terrace Apartments1 Bed 1 Bath1BR,1BA$1.19

Quick 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.

decorative image of people with a giant lease agreement

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.

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

Explore Lakewood, OH Rentals by Map

View MapLakewood, OH Apartments MapView MapLakewood, OH Rental Homes Map

Getting Around Lakewood, OH

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Lakewood, OH Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $665 at 3567 Bosworth Rd.

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 $700 at 3240 W 98th St.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Lakewood Premier Apartments and starts from $1,165.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.