
Cheap Apartments for Rent in the Detroit Neighborhood of Lakewood, OH from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Detroit area of Lakewood.


1330 Cranford Ave

Elbur Avenue

Clifton Towers

Waterbury Apartments

Parkway Arms Apartment

1411 Roycroft Ave

13322 Madison Ave
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.

Center North

1389-1393 Geil Ave

1411 Roycroft Ave

2171 Olive Ave

The Lewis

Total Monthly Price
13318 Madison Ave, Unit #1

1500 Lincoln Ave

Total Monthly Price
14821 Clifton Blvd, Unit 2
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.

2074 Clarence Ave

Arbor Apartments

Total Monthly Price
1305 Hathaway Ave, Unit 1

Total Monthly Price
2211 Eldred Ave, Unit Eldred Lower

1298 Nicholson Ave

fs1363 Cranford Ave

Total Monthly Price
2143 Eldred Ave, Unit 1

14901 Lake Ave, Unit 00
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.

14650 Detroit Ave

2068 Waterbury Rd

1447 Larchmont Ave, Unit Upper Unit

South Westerly

Bellecliff & Lakewood Area

1419 Roycroft Ave

Clarence Plaza Apartments

15121 Clifton Blvd
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.

Wingate Apartments

Sheffield Apartments

Grace Apartments

Delta Lakewood

Clifford Apartments

2275 Warren Rd

14724 Clifton Blvd

1235 Donald Ave
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.

1235 Donald Ave, Unit Upper North

Lakewood Premier Apartments

Parkside
Detroit, Lakewood, OH Local Guide

How much does it cost to rent an apartment in Detroit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Detroit 1 Bedroom Apartments | $1,172 | $850 | $2,225 |
| Detroit 2 Bedroom Apartments | $1,354 | $950 | $2,400 |
| Detroit 3 Bedroom Apartments | $1,987 | $1,795 | $2,255 |
| Detroit 4 Bedroom Apartments | $5,356 | $5,356 | $5,356 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 1 mile radius of the Detroit Neighborhood of Lakewood, OH.
See all Apartments in LakewoodExplore Lakewood
Detroit, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Clarence House priced from $850. Lakewood Premier Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Detroit apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clarence House | 1 Bed | 1BR,1BA | $850 |
| Lakewood Premier Apartments | 13386 Madison #6 and#5 | 1BR,1BA | $855 |
| Waterbury Apartments | One Bedroom | 1BR,1BA | $915 |
| Clifton Towers | 1 Bedroom 1 Bath | 1BR,1BA | $915 |
| Elbur Avenue | 2 Bedroom 1 Bath | 2BR,1BA | $950 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1,025 |
| 13322 Madison Ave | 1 Bed 1 Bath | 1BR,1BA | $1,050 |
| The Lewis | 2 Bedroom, 1 Bath | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Detroit, OH
As of July 04, 2026 the best value apartment in the Detroit area is the $1.30 price per square foot 1305 Hathaway Ave Model at 1305 Hathaway Ave, Unit 1 in the in the Downtown Lakewood neighborhood starting from $1,500. The second greatest value Detroit apartment is the 14821 Clifton Blvd Model at 14821 Clifton Blvd, Unit 2 starting at $1,300 with a $1.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1305 Hathaway Ave, Unit 1 | 1305 Hathaway Ave | 2BR,1BA | $1.30 |
| 14821 Clifton Blvd, Unit 2 | 14821 Clifton Blvd | 2BR,1BA | $1.18 |
| Arbor Apartments | 2 Bedroom | 2BR,1BA | $1.36 |
| The Lewis | 2 Bedroom, 1 Bath | 2BR,1BA | $1.65 |
| Lakewood Premier Apartments | 13386 Madison #6 and#5 | 1BR,1BA | $1.07 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1.32 |
| 13322 Madison Ave | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| Elbur Avenue | 2 Bedroom 1 Bath | 2BR,1BA | $1.54 |
| Waterbury Apartments | One Bedroom | 1BR,1BA | $1.53 |
| Clifton Towers | 1 Bedroom 1 Bath | 1BR,1BA | $1.53 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleDetroit, Lakewood, OH
Ranked #10
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Detroit, Lakewood, OH
School data provided by Great Schools
Frequently Asked Questions about Cheap Detroit Apartments
How much is rent for a Cheap One Bedroom Detroit Apartment?
The lowest price for a Cheap One Bedroom Detroit Apartment is $850 at Clarence House.
What is the lowest price for a Cheap Two Bedroom Detroit Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Detroit is starting from $950 at Elbur Avenue.
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

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.

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 .

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.

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

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.

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.

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.

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.