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Cheap Homes for Rent in Downtown Lakewood Neighborhood of Lakewood, OH from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lakewood area of Lakewood.
2224 lewis dr
LakewoodOH44107
13315 Madison Ave
LakewoodOH44107
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12900 Lake Ave, Unit 418
12900 Lake Ave
LakewoodOH44107
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.
1626 Grace Ave
LakewoodOH44107
2186 Wascana Ave
LakewoodOH44107
1253 Granger Ave
LakewoodOH44107
2200 Waterbury Rd
LakewoodOH44107
2085 Marlowe Ave, Unit Down Unit
2085 Marlowe Ave
LakewoodOH44107
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.
Showing Results 1-10, Page 1 of 1
Downtown Lakewood, Lakewood, OH Local Guide
How much does it cost to rent a home in Downtown Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lakewood 2 Bedroom Homes for Rent | $1,424 | $1,300 | $1,600 |
| Downtown Lakewood 3 Bedroom Homes for Rent | $1,637 | $1,300 | $1,975 |
| Downtown Lakewood 4 Bedroom Homes for Rent | $2,750 | $2,000 | $3,500 |
| Downtown Lakewood 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 1 mile radius of the Downtown Lakewood Neighborhood of Lakewood, OH.
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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 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 Downtown Lakewood 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 |
Best Value Apartments for Rent in Downtown Lakewood, OH
As of November 16, 2025 the best value apartment in the Downtown Lakewood 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 Downtown Lakewood 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 Downtown Lakewood 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.
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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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Pet Friendly LifestyleDowntown Lakewood, Lakewood, OH
Ranked #8
Among cities in Ohio 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 Downtown Lakewood
What type of rentals are currently available in Downtown Lakewood?
There are currently 129 Apartments for Rent in Downtown Lakewood, OH with pricing that ranges from $725 to $3,632. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lakewood ranging from $1,300 to $3,500.
What is the current price range for Rental Homes in Downtown Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lakewood ranges from $1,300 to $3,500 with an average monthly rent of $1,959.
How much are larger Three and Four Bedroom Rentals in Downtown Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lakewood range from $1,450 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $1,975. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,600.
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.