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$1,0251 Bedroom Apartments Available Now
1411 Roycroft Ave
1411 Roycroft AveLakewood, OH 44107
Cheap Homes for Rent in Downtown Lakewood Neighborhood of Lakewood, OH from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lakewood area of Lakewood.
2039 Lewis Dr
LakewoodOH44107
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$1,0991 Bedroom Apartments Available Now
1389-1393 Geil Ave
1389-1393 Geil AveLakewood, OH 44107
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.
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$1,1252 Bedroom Apartments Available Now
1411 Roycroft Ave
1411 Roycroft AveLakewood, OH 44107
1235 Donald Ave
LakewoodOH44107
1235 Donald Ave, Unit Upper North
1235 Donald 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.
2074 Clarence Ave
LakewoodOH44107
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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 | $1,566 | $1,075 | $2,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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 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 Downtown Lakewood 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 Downtown Lakewood, OH
As of June 25, 2026 the best value apartment in the Downtown Lakewood area is the $1.33 price per square foot 2046 Waterbury Rd Model at 2046 Waterbury Rd, Unit 2046 waterbury rd in the in the Downtown Lakewood neighborhood starting from $1,600. The second greatest value Downtown Lakewood apartment is the 2 Bedroom Model at Arbor Apartments starting at $1,500 with a $1.36 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. |
|---|---|---|---|
| 2046 Waterbury Rd, Unit 2046 waterbury rd | 2046 Waterbury Rd | 2BR,2BA | $1.33 |
| Arbor Apartments | 2 Bedroom | 2BR,1BA | $1.36 |
| 1235 Lakeland Ave, Unit Up | 1235 Lakeland Ave | 2BR,1BA | $1.33 |
| 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 |
| 13823 Clifton Blvd, Unit 3 | 13823 Clifton Blvd | 1BR,1BA | $1.43 |
| 13322 Madison Ave | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| Elbur Avenue | 2 Bedroom 1 Bath | 2BR,1BA | $1.54 |
| 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.
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Real 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.
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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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Best Local Schools in Downtown Lakewood, Lakewood, OH
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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 $850 to $7,217. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lakewood ranging from $1,075 to $2,750.
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 $1,075 to $2,750 with an average monthly rent of $1,566.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.