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Cheap Apartments for Rent in the Downtown Lakewood Neighborhood of Lakewood, OH from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lakewood area of Lakewood.
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from $775Studio to 2 Bedroom Apartments Available Now
Windsor's Lakewood Properties
11849 Clifton BlvdLakewood, OH 44107
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Rent Specials
from $825Studio to 2 Bedroom Apartments Available Now
AIY Lakewood Area Apartments
11810-11830 Lake RdLakewood, OH 44107
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from $8501 to 2 Bedroom Apartments Available Jun 19
Colonial Club Apartments
1446 Coutant AveLakewood, OH 44107
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Rent Specials
from $8501 Bedroom Apartments Available Now
Elbur Avenue
13542-13608 Detroit AveLakewood, OH 44107
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from $8501 to 2 Bedroom Apartments Available Now
Clarence House
1380-1384 Clarence AveLakewood, OH 44107
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.
1285 Cranford Ave
LakewoodOH44107
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from $9891 to 2 Bedroom Apartments Available Jul 1
Thirteen 20 Seven Apartments
1327 Bonnieview AveLakewood, 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.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-24, Page 1 of 1
Downtown Lakewood, Lakewood, OH Local Guide
How much does it cost to rent an apartment in Downtown Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lakewood Studio Apartments | $1,034 | $750 | $1,155 |
| Downtown Lakewood 1 Bedroom Apartments | $1,121 | $825 | $2,000 |
| Downtown Lakewood 2 Bedroom Apartments | $1,705 | $950 | $3,289 |
| Downtown Lakewood 3 Bedroom Apartments | $1,682 | $1,100 | $2,415 |
| Downtown Lakewood 4 Bedroom Apartments | $6,500 | $6,500 | $6,500 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Downtown Lakewood Neighborhood of Lakewood, OH.
See all Apartments in LakewoodExplore Lakewood
Downtown Lakewood, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
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Cheapest Available Downtown Lakewood Apartments for Rent
The cheapest available apartment rental in the Downtown Lakewood area of Cleveland, OH is a Studio unit found at 2275 Warren Rd priced from $750. AIY Lakewood Area Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Downtown Lakewood apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2275 Warren Rd | Studio | Studio,1BA | $750 |
| AIY Lakewood Area Apartments | EH 1 BD Junior | 1BR,1BA | $825 |
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Clarence House | 1 Bed | 1BR,1BA | $850 |
| Parkside | 2 Bed/1 Bath | 2BR,1BA | $950 |
Best Value Apartments for Rent in Downtown Lakewood, OH
As of June 11, 2025 the best value apartment in the Downtown Lakewood area is the $1.09 price per square foot 2 Bedroom 1 Bathroom Model at Windsor's Lakewood Properties in the in the Downtown Lakewood neighborhood starting from $1,250. The second greatest value Downtown Lakewood apartment is the 2151 Lewis Dr Model at 2151 Lewis Dr, Unit Lower starting at $1,350 with a $1.35 price per square foot in the Downtown Lakewood neighborhood. Here is today’s list of the best values for Downtown Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windsor's Lakewood Properties | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| 2151 Lewis Dr, Unit Lower | 2151 Lewis Dr | 3BR,1BA | $1.35 |
| Lakewood Premier Apartments | 15605 Madison- | 2BR,1BA | $1.14 |
| Parkside | 2 Bed/1 Bath | 2BR,1BA | $1.12 |
| Center North | Unit B | 1BR,1BA | $1.52 |
| 2015 Arthur Ave, Unit 7 | 2015 Arthur Ave | 1BR,1BA | $1.13 |
| The Lewis | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
| 2275 Warren Rd | 1 Bed/1 Bath | 1BR,1BA | $1.53 |
| Clarence House | 1 Bed | 1BR,1BA | $1.65 |
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $1.70 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Lakewood, Lakewood, OH
Ranked #6
Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Lakewood, Lakewood, OH
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Lakewood Apartments
What is the Cheapest Studio apartment in Downtown Lakewood?
Currently the most affordable Cheap Studio Apartment in Downtown Lakewood is at 2275 Warren Rd listed at $750.
How much is rent for a Cheap One Bedroom Downtown Lakewood Apartment?
The lowest price for a Cheap One Bedroom Downtown Lakewood Apartment is $825 at AIY Lakewood Area Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Lakewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lakewood is starting from $950 at Parkside.
What is the most affordable Downtown Lakewood Three Bedroom Apartment?
The best deal on a cheap Downtown Lakewood Three Bedroom Apartment rental is at Lakewood Premier Apartments and starts from $1,225.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.