Cheap Homes for Rent in Lake Avenue Neighborhood of Lakewood, OH from $1,200 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Lake Avenue area of Lakewood.

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.

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.

Lake Avenue, Lakewood, OH Local Guide

Best Value Apartments for Rent in Lake Avenue, OH

As of September 19, 2025 the best value apartment in the Lake Avenue area is the $1.51 price per square foot 101 - 1 Bdrm, 1 Bath Model at Marine Towers West in the in the Lake Avenue neighborhood starting from $1,435. The second greatest value Lake Avenue apartment is the 1 Bed / 1 Bath HT Model at Shady Cove Apartments starting at $1,175 with a $1.68 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Marine Towers West101 - 1 Bdrm, 1 Bath1BR,1BA$1.51
Shady Cove Apartments1 Bed / 1 Bath HT1BR,1BA$1.68
The Lewis1 Bedroom, 1 Bath1BR,1BA$1.80
Clifton CoveOne bedroom1BR,1BA$1.30
Clarence House1 Bed1BR,1BA$1.65

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lake Avenue, Lakewood, OH

Ranked #8

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Lake Avenue

What type of rentals are currently available in Lake Avenue?

There are currently 89 Apartments for Rent in Lake Avenue, OH with pricing that ranges from $800 to $2,935. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Avenue ranging from $1,200 to $2,400.

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 $2,400 with an average monthly rent of $1,766.

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.

decorative image for A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.