
Cheap Apartments for Rent in the Lakewood Park Neighborhood of Lakewood, OH from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakewood Park area of Lakewood.


Elbur Avenue

1285 Cranford Ave

Clarence House
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1365 Clarence Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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.
Lakewood Park, Lakewood, OH Local Guide

How much does it cost to rent an apartment in Lakewood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Park 1 Bedroom Apartments | $1,160 | $700 | $2,000 |
Lakewood Park 2 Bedroom Apartments | $1,574 | $950 | $2,700 |
Lakewood Park 3 Bedroom Apartments | $1,849 | $1,799 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Lakewood Park Neighborhood of Lakewood, OH.
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Lakewood Park, Lakewood, OH Local Guide
- Nearby Lakewood neighborhoods
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Cheapest Available Lakewood Park Apartments for Rent
 The cheapest available apartment rental in the Lakewood Park area of Cleveland, OH is a 1 Bed unit found at Elbur Avenue priced from $850. Clarence House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lakewood Park apartments for rent in Cleveland, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
Clarence House | 1 Bed | 1BR,1BA | $850 |
Parkside | 2 Bed/1 Bath | 2BR,1BA | $950 |
The Lewis | 1 Bedroom, 1 Bath | 1BR,1BA | $1,150 |
Center North | Unit B | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Lakewood Park, OH
As of June 26, 2025 the best value apartment in the Lakewood Park area is the $1.12 price per square foot 2 Bed/1 Bath Model at Parkside in the in the Downtown Lakewood neighborhood starting from $950. The second greatest value Lakewood Park apartment is the Unit B Model at Center North starting at $1,250 with a $1.52 price per square foot in the Downtown Lakewood neighborhood. Here is today’s list of the best values for Lakewood Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkside | 2 Bed/1 Bath | 2BR,1BA | $1.12 |
Center North | Unit B | 1BR,1BA | $1.52 |
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 |
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.
Pet Friendly LifestyleLakewood Park, Lakewood, OH
Ranked #13
Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lakewood Park, Lakewood, OH
School data provided by Great Schools
Getting Around the Lakewood Park Neighborhood in Lakewood, OH
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
39 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakewood Park Apartments
How much is rent for a Cheap One Bedroom Lakewood Park Apartment?
The lowest price for a Cheap One Bedroom Lakewood Park Apartment is $850 at Elbur Avenue.
What is the lowest price for a Cheap Two Bedroom Lakewood Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakewood Park is starting from $950 at Parkside.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.