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Cheap Apartments for Rent in the Lake Avenue Neighborhood of Lakewood, OH from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Avenue area of Lakewood.
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from $825Studio to 2 Bedroom Apartments Available Now
AIY Lakewood Area Apartments
11810-11830 Lake RdLakewood, OH 44107
1609 Lakewood Ave
LakewoodOH44107
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from $8501 to 2 Bedroom Apartments Available Now
Clarence House
1380-1384 Clarence AveLakewood, OH 44107
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.
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Rent Specials
from $8501 Bedroom Apartments Available Now
Elbur Avenue
13542-13608 Detroit AveLakewood, OH 44107
1285 Cranford Ave
LakewoodOH44107
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from $9501 to 2 Bedroom Apartments Available Now
Windsor's Lakewood Properties
11849 Clifton BlvdLakewood, OH 44107
15922 Lake Ave
LakewoodOH44107
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Cleveland's Best Affordable Neighborhoods
Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker
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Showing Results 1-19, Page 1 of 1
Lake Avenue, Lakewood, OH Local Guide
How much does it cost to rent an apartment in Lake Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Avenue Studio Apartments | $1,109 | $840 | $1,170 |
| Lake Avenue 1 Bedroom Apartments | $1,125 | $800 | $1,625 |
| Lake Avenue 2 Bedroom Apartments | $1,881 | $950 | $4,606 |
| Lake Avenue 3 Bedroom Apartments | $2,292 | $2,030 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 1 mile radius of the Lake Avenue Neighborhood of Lakewood, OH.
See all Apartments in LakewoodExplore Lakewood
Lake Avenue, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
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Cheapest Available Lake Avenue Apartments for Rent
The cheapest available apartment rental in the Lake Avenue area of Cleveland, OH is a 1 Bed unit found at Clifton Cove priced from $800. 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 Lake Avenue apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clifton Cove | One bedroom | 1BR,1BA | $800 |
| AIY Lakewood Area Apartments | EH 1 BD Junior | 1BR,1BA | $825 |
| Clarence House | 1 Bed | 1BR,1BA | $850 |
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Windsor's Lakewood Properties | 1 Bedroom 1 Bath | 1BR,1BA | $950 |
Best Value Apartments for Rent in Lake Avenue, OH
As of May 11, 2025 the best value apartment in the Lake Avenue 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 Lake Avenue apartment is the 8 Series Model at 12000 Edgewater starting at $1,695 with a $1.65 price per square foot in the Downtown Lakewood neighborhood. Here is today’s list of the best values for Lake Avenue 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 |
| 12000 Edgewater | 8 Series | 2BR,1.5BA | $1.65 |
| 1651 Victoria Ave, Unit 1 | 1651 Victoria Ave | 1BR,1BA | $1.30 |
| Center North | Unit B | 1BR,1BA | $1.52 |
| Hilliard West | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
| Shady Cove | 1 Bed 1 Bath | 1BR,1BA | $1.68 |
| The Lewis | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
| Clifton Cove | One bedroom | 1BR,1BA | $1.30 |
| 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 LifestyleLake Avenue, Lakewood, OH
Ranked #9
Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Avenue, Lakewood, OH
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Avenue, Lakewood, and the greater Cleveland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lake Avenue Apartments
What is the Cheapest Studio apartment in Lake Avenue?
Currently the most affordable Cheap Studio Apartment in Lake Avenue is at AIY Lakewood Area Apartments listed at $840.
How much is rent for a Cheap One Bedroom Lake Avenue Apartment?
The lowest price for a Cheap One Bedroom Lake Avenue Apartment is $800 at Clifton Cove.
What is the lowest price for a Cheap Two Bedroom Lake Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Avenue is starting from $950 at Clarence House.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.