Cheap Apartments for Rent in the Detroit Neighborhood of Lakewood, OH from $500 (21 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
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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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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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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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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
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Sheffield Apartments
1 to 2 Bedroom Apartments

Sheffield Apartments

15325 Lake 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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Clifton Towers
1 to 3 Bedroom Apartments

Clifton Towers

12933 Clifton BlvdLakewood, 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.

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 Elbur Avenue priced from $850. Clarence House 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
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850
Clarence House1 Bed1BR,1BA$850
Lakewood Premier Apartments13386 Madison #61BR,1BA$915
Parkside1 Bed/1 Bath1BR,1BA$925
Parkway Arms Apartment2 bed / 1 bath2BR,1BA$1,025

Best Value Apartments for Rent in Detroit, OH

As of January 01, 2026 the best value apartment in the Detroit area is the $1.25 price per square foot 2143 Eldred Ave Model at 2143 Eldred Ave, Unit 2 in the in the Downtown Lakewood neighborhood starting from $1,500. The second greatest value Detroit apartment is the 1673 Victoria Ave Model at 1673 Victoria Ave, Unit 2 starting at $1,600 with a $1.45 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.
2143 Eldred Ave, Unit 22143 Eldred Ave3BR,1BA$1.25
1673 Victoria Ave, Unit 21673 Victoria Ave2BR,1BA$1.45
2101 Waterbury Rd, Unit 21012101 Waterbury Rd2BR,1BA$1.27
2102 Chesterland Ave, Unit 22102 Chesterland Ave2BR,1BA$1.27
Lakewood Premier Apartments2015 Lakeland # 92BR,1BA$1.24
Parkway Arms Apartment2 bed / 1 bath2BR,1BA$1.32
13322 Madison Ave1 Bed 1 Bath1BR,1BA$1.57
Parkside1 Bed/1 Bath1BR,1BA$1.42
1691 Robinwood Ave, Unit 1021691 Robinwood Ave1BR,1BA$1.29
Clarence House1 Bed1BR,1BA$1.65

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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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 #7

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 Elbur Avenue which is listed at $850, while the average apartment in Detroit costs $3,193.

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

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 .

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!