1415 Wyandotte Ave
LakewoodOH44107
Cheap Apartments for Rent in the Lake Avenue Neighborhood of Lakewood, OH from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Avenue area of Lakewood.
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$850 - $9951 to 2 Bedroom Apartments Available Now
Clarence House
1380-1384 Clarence AveLakewood, OH 44107
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Rent Specials
$850 - $8951 Bedroom Apartments Available Now
Elbur Avenue
13542-13608 Detroit AveLakewood, OH 44107
1382 Elbur Ave
LakewoodOH44107
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$925 - $1,0501 to 2 Bedroom Apartments Available Now
Parkway Arms Apartment
13509-13511 Detroit AveLakewood, OH 44107
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$999 - $2,200Studio to 2 Bedroom Apartments Available Now
Marine Towers West
12540 Edgewater DrLakewood, OH 44107
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1181 Virginia Ave
LakewoodOH44107
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Showing Results 1-18, 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 | $999 | $999 | $999 |
| Lake Avenue 1 Bedroom Apartments | $1,177 | $850 | $2,000 |
| Lake Avenue 2 Bedroom Apartments | $1,432 | $805 | $2,200 |
| Lake Avenue 3 Bedroom Apartments | $1,737 | $1,475 | $2,000 |
| Lake Avenue 4 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 18 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 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 Lake Avenue 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 |
| Parkside | 1 Bed/1 Bath | 1BR,1BA | $925 |
| Marine Towers West | 0E1 - Efficiency, 1 Bath | Studio,1BA | $999 |
Best Value Apartments for Rent in Lake Avenue, OH
As of November 21, 2025 the best value apartment in the Lake Avenue 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 Lake Avenue apartment is the 2 Bed, 1 Bath 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 Lake Avenue 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 |
| Arbor Apartments | 2 Bed, 1 Bath | 2BR,1BA | $1.36 |
| Center North | Unit F | 1BR,1BA | $1.40 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1.32 |
| Shady Cove Apartments | 1 Bed / 1 Bath HT | 1BR,1BA | $1.68 |
| Parkside | 1 Bed/1 Bath | 1BR,1BA | $1.42 |
| Grace Apartments | 1 Bedroom | 1BR,1BA | $1.31 |
| The Lewis | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
| Clarence House | 1 Bed | 1BR,1BA | $1.65 |
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $1.70 |
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Pet Friendly LifestyleLake Avenue, Lakewood, OH
Ranked #8
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 price of a cheap apartment in Lake Avenue?
The cheapest apartment in Lake Avenue is Grace Apartments which is listed at $850, while the average apartment in Lake Avenue costs $1,737.
What types of apartments are the cheapest in Lake Avenue?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Lake Avenue that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.