12700 Lake Ave, Unit 811
12700 Lake Ave
LakewoodOH44107
Cheap Homes for Rent in Lake Avenue Neighborhood of Lakewood, OH from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Avenue area of Lakewood.
1235 Donald Ave
LakewoodOH44107
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.
1235 Donald Ave, Unit Upper North
1235 Donald Ave
LakewoodOH44107
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$1,6001 Bedroom Apartments Available Sep 1
12700 Lake Ave
12700 Lake AveLakewood, OH 44107
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.
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Lake Avenue, Lakewood, OH Local Guide
How much does it cost to rent a home in Lake Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Avenue 2 Bedroom Homes for Rent | $1,837 | $1,350 | $2,500 |
| Lake Avenue 3 Bedroom Homes for Rent | $1,737 | $1,725 | $1,750 |
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 4 rentals with your search options within a 1 mile radius of the Lake Avenue Neighborhood of Lakewood, OH.
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Lake Avenue, Lakewood, OH Local Guide
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Best Value Apartments for Rent in Lake Avenue, OH
As of May 31, 2026 the best value apartment in the Lake Avenue area is the $1.46 price per square foot Unit D Model at Center North in the in the Downtown Lakewood neighborhood starting from $1,950. The second greatest value Lake Avenue apartment is the 202 - 2 Bdrm, 2 Bath Model at Marine Towers West starting at $1,865 with a $1.43 price per square foot in the Lake Avenue 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. |
|---|---|---|---|
| Center North | Unit D | 2BR,2BA | $1.46 |
| Marine Towers West | 202 - 2 Bdrm, 2 Bath | 2BR,2BA | $1.43 |
| Arbor Apartments | 2 Bedroom | 2BR,1BA | $1.36 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1.32 |
| The Lewis | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
| 1247 Donald Ave, Unit 3 | 1247 Donald Ave | 1BR,1BA | $1.46 |
| Clifton Towers | 1 Bedroom 1 Bath | 1BR,1BA | $1.53 |
| Clarence House | 1 Bed | 1BR,1BA | $1.65 |
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 Lake Avenue, Lakewood, OH
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Frequently Asked Questions about Lake Avenue
What type of rentals are currently available in Lake Avenue?
There are currently 96 Apartments for Rent in Lake Avenue, OH with pricing that ranges from $850 to $2,225. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Avenue ranging from $1,200 to $2,500.
What is the current price range for Rental Homes in Lake Avenue?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Avenue ranges from $1,200 to $2,500 with an average monthly rent of $1,591.
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.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.