Cheap Apartments for Rent in Lakewood, OH from $400 (151 Rentals)

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

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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Glen Cove Apartments
1 to 2 Bedroom Apartments

Glen Cove Apartments

1277 Cove AveLakewood, OH 44107
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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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2275 Warren Rd
Studio to 2 Bedroom Apartments

2275 Warren Rd

2275 Warren RdLakewood, 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

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland

Find the top neighborhoods and best apartments for rent near major employers like The Cleveland Clinic, KeyBank, and Progressive Insurance.

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Waterbury Apartments
1 to 2 Bedroom Apartments

Waterbury Apartments

1421-1425 Waterbury RdLakewood, OH 44107
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Grace Apartments
1 Bedroom Apartments

Grace Apartments

1414 Grace AveLakewood, OH 44107
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15121 Clifton Blvd
1 to 2 Bedroom Apartments

15121 Clifton Blvd

15121 Clifton BlvdLakewood, OH 44107
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Chelsea Lakewood
1 to 2 Bedroom Apartments

Chelsea Lakewood

18240 Detroit AveLakewood, OH 44107
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Shorehouse Apartments
Studio to 1 Bedroom Apartments

Shorehouse Apartments

12031 Edgewater DrLakewood, OH 44107
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Wingate Apartments
1 to 2 Bedroom Apartments

Wingate Apartments

15115 Lake AveLakewood, OH 44107
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Sheffield Apartments
1 to 2 Bedroom Apartments

Sheffield Apartments

15325 Lake AveLakewood, OH 44107
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12204 Madison Ave
1 Bedroom Apartments

12204 Madison Ave

12204 Madison AveLakewood, OH 44107
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Delta Lakewood
1 to 2 Bedroom Apartments

Delta Lakewood

14555 Madison AveLakewood, OH 44107
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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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Mayview Pointe
1 to 2 Bedroom Apartments

Mayview Pointe

11825 Lake AveLakewood, OH 44107
  • Utilities Included
property at 3391 W 117th St

$595 - $950

1 To 2 Bedroom Rentals

Available Now

3391 W 117th St

ClevelandOH44111

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.

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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 3240 W 98th St in the Biddulph and Memphis neighborhood priced from $650. 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
3240 W 98th St1 Bed 1 bath1BR,1BA$650
Clifton Court ApartmentsStudioStudio,1BA$675
Lakewood Cliffs ApartmentsSingle1BR,1BA$725
3635 Bosworth RdStudioStudio,1BA$750
Lake WestEfficiencyStudio,1BA$790
114 South1 Bedroom1BR,1BA$795
West 159th Apartments1 Bed, 1 bath1BR,1BA$795
Concord House1 Beds, 1 Baths1BR,1BA$795
Hampton HouseEfficiencyStudio,1BA$799
Lake Shore TowersEfficiency SuiteStudio,1BA$811

Best Value Apartments for Rent in Lakewood, OH

As of February 21, 2026 the best value apartment in the Lakewood area is the $1.00 price per square foot 1314 W 106th St Model at 1314 W 106th St in the in the Edgewater neighborhood starting from $2,200. The second greatest value Lakewood apartment is the 2 Bed/1 Bath Model at 11844 Cliffton Blvd starting at $1,400 with a $0.93 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.
1314 W 106th St1314 W 106th St2BR,1BA$1.00
11844 Cliffton Blvd2 Bed/1 Bath2BR,1BA$0.93
1565 Woodward Ave, Unit UP1565 Woodward Ave2BR,1BA$0.98
The Brick Lofts at Historic West TechHistory Hall - Mascot Manor - Tech Tower - Home...2BR,2BA$1.13
1620 Newman Ave, Unit 16221620 Newman Ave2BR,1BA$1.12
8706 Denison Ave, Unit Apt.28706 Denison Ave2BR,1BA$1.00
3360-3362 W 84th St2 Bed 1 Bath2BR,1BA$0.93
Townhouse Apartments1BR1BR,1BA$1.12
West Shore Manor1 Bedroom Large1BR,1BA$1.10
Kamms Premiere ApartmentsTriskett1BR,1BA$0.98

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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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.

Best Local Schools in
Lakewood, OH

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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 $675.

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

The lowest price for a Cheap One Bedroom Lakewood Apartment is $650 at 3240 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 $925 at 114 South.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Royal Oaks and starts from $1,295.

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 .

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.

Articles, How-To's, and Tips

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.