
Cheap Apartments for Rent in the Detroit Neighborhood of Lakewood, OH from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Detroit area of Lakewood.


1415 Wyandotte Ave

1352 Clarence Ave

Elbur Avenue

Clarence House

1382 Elbur Ave
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.

Parkway Arms Apartment

2196 Atkins Ave
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.
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.

Lakewood Premier Apartments
Detroit, Lakewood, OH Local Guide

How much does it cost to rent an apartment in Detroit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Detroit Studio Apartments | $795 | $725 | $825 |
| Detroit 1 Bedroom Apartments | $1,122 | $850 | $2,000 |
| Detroit 2 Bedroom Apartments | $1,307 | $805 | $2,500 |
| Detroit 3 Bedroom Apartments | $1,656 | $1,450 | $2,000 |
| Detroit 4 Bedroom Apartments | $2,616 | $1,600 | $3,632 |
Browse Apartments in this Neighborhood
There are currently 23 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
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grace Apartments | 1 Bedroom | 1BR,1BA | $850 |
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Clarence House | 1 Bed | 1BR,1BA | $850 |
| Parkside | 1 Bed/1 Bath | 1BR,1BA | $925 |
| Lakewood Premier Apartments | 13386 Madison | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1567 Woodward Ave | 1567 Woodward Ave | 3BR,1BA | $1.05 |
| 2143 Eldred Ave, Unit 2 | 2143 Eldred Ave | 3BR,1BA | $1.21 |
| 2101 Waterbury Rd, Unit 2101 | 2101 Waterbury Rd | 2BR,1BA | $1.41 |
| Arbor Apartments | 2 Bed, 1 Bath | 2BR,1BA | $1.36 |
| 1580 Clarence Ave, Unit Down | 1580 Clarence Ave | 2BR,1BA | $1.53 |
| Lakewood Premier Apartments | 13386 Madison | 2BR,1BA | $1.23 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1.32 |
| 2015 Arthur Ave, Unit 7 | 2015 Arthur Ave | 1BR,1BA | $1.17 |
| Parkside | 1 Bed/1 Bath | 1BR,1BA | $1.42 |
| Grace Apartments | 1 Bedroom | 1BR,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.
Read ArticleThe 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.
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 #9
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
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.













