Cheap Apartments for Rent in the Detroit Neighborhood of Lakewood, OH from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Detroit area of 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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South Westerly
Studio to 2 Bedroom Apartments

South Westerly

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

1419 Roycroft Ave

1419 Roycroft AveLakewood, OH 44107
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Waterbury Apartments
1 to 2 Bedroom Apartments

Waterbury Apartments

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

Grace Apartments

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

15121 Clifton Blvd

15121 Clifton BlvdLakewood, OH 44107
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Wingate Apartments
1 to 2 Bedroom Apartments

Wingate Apartments

15115 Lake AveLakewood, OH 44107
  • Utilities Included
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Roycroft Pointe
1 Bedroom Apartments

Roycroft Pointe

1411 Roycroft AveLakewood, OH 44107
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Sheffield Apartments
1 to 2 Bedroom Apartments

Sheffield Apartments

15325 Lake AveLakewood, OH 44107
  • Utilities Included
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Delta Lakewood
1 to 2 Bedroom Apartments

Delta Lakewood

14555 Madison AveLakewood, OH 44107
  • Utilities Included
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Clifton Towers
1 to 3 Bedroom Apartments

Clifton Towers

12933 Clifton BlvdLakewood, OH 44107
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Detroit, Lakewood, OH Local Guide

Cheapest Available Detroit Apartments for Rent

 

The cheapest available apartment rental in the Detroit area of Cleveland, OH is a 1 Bed unit found at Grace Apartments priced from $850. Elbur Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Detroit apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Grace Apartments1 Bedroom1BR,1BA$850
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850
Clarence House1 Bed1BR,1BA$850
Parkside1 Bed/1 Bath1BR,1BA$925
Lakewood Premier Apartments13386 Madison2BR,1BA$985

Best Value Apartments for Rent in Detroit, OH

As of November 15, 2025 the best value apartment in the Detroit area is the $1.05 price per square foot 1567 Woodward Ave Model at 1567 Woodward Ave in the in the Downtown Lakewood neighborhood starting from $1,475. The second greatest value Detroit apartment is the 2143 Eldred Ave Model at 2143 Eldred Ave, Unit 2 starting at $1,450 with a $1.21 price per square foot in the Downtown Lakewood neighborhood. Here is today’s list of the best values for Detroit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1567 Woodward Ave1567 Woodward Ave3BR,1BA$1.05
2143 Eldred Ave, Unit 22143 Eldred Ave3BR,1BA$1.21
2101 Waterbury Rd, Unit 21012101 Waterbury Rd2BR,1BA$1.41
Arbor Apartments2 Bed, 1 Bath2BR,1BA$1.36
1580 Clarence Ave, Unit Down1580 Clarence Ave2BR,1BA$1.53
Lakewood Premier Apartments13386 Madison2BR,1BA$1.23
Parkway Arms Apartment2 bed / 1 bath2BR,1BA$1.32
2015 Arthur Ave, Unit 72015 Arthur Ave1BR,1BA$1.17
Parkside1 Bed/1 Bath1BR,1BA$1.42
Grace Apartments1 Bedroom1BR,1BA$1.31

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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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.

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Pet Friendly Lifestyle
Detroit, Lakewood, OH

Ranked #9

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Detroit Apartments

What is the price of a cheap apartment in Detroit?

The cheapest apartment in Detroit is Grace Apartments which is listed at $850, while the average apartment in Detroit costs $2,616.

What types of apartments are the cheapest in Detroit?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Detroit that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.