
Cheap Homes for Rent in Detroit Neighborhood of Lakewood, OH from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Detroit area of Lakewood.


1655 Waterbury Rd, Unit 2nd flr

1235 Donald 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.

1235 Donald Ave, Unit Upper North

1533-1535 Mars Ave

14901 Lake Ave, Unit 00
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.

2186 Chesterland Ave
Detroit, Lakewood, OH Local Guide

How much does it cost to rent a home in Detroit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Detroit 2 Bedroom Homes for Rent | $1,616 | $1,350 | $2,150 |
| Detroit 3 Bedroom Homes for Rent | $1,912 | $1,725 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Detroit Neighborhood of Lakewood, OH.
Explore Lakewood
Detroit, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
- Nearby Cities
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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 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 |
| Clifton Towers | 1 Bedroom 1 Bath | 1BR,1BA | $915 |
Best Value Apartments for Rent in Detroit, OH
As of June 09, 2026 the best value apartment in the Detroit area is the $1.45 price per square foot 1245 Cranford Ave Model at 1245 Cranford Ave, Unit 1245 in the in the Downtown Lakewood neighborhood starting from $1,600. The second greatest value Detroit apartment is the 2163 Atkins Avenue Model at 2163 Atkins Avenue, Unit Lower starting at $1,395 with a $1.27 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. |
|---|---|---|---|
| 1245 Cranford Ave, Unit 1245 | 1245 Cranford Ave | 2BR,1BA | $1.45 |
| 2163 Atkins Avenue, Unit Lower | 2163 Atkins Avenue | 2BR,1BA | $1.27 |
| Arbor Apartments | 2 Bedroom | 2BR,1BA | $1.36 |
| 2041 Elbur Ave, Unit 2041 Elbur First Floor | 2041 Elbur Ave | 2BR,1BA | $1.38 |
| 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 |
| 1247 Donald Ave, Unit 3 | 1247 Donald Ave | 1BR,1BA | $1.46 |
| 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 #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 Detroit
What type of rentals are currently available in Detroit?
There are currently 129 Apartments for Rent in Detroit, OH with pricing that ranges from $850 to $7,348. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Detroit ranging from $1,350 to $2,150.
What is the current price range for Rental Homes in Detroit?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Detroit ranges from $1,350 to $2,150 with an average monthly rent of $1,764.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.