Cheap Apartments for Rent in the Lakewood Park Neighborhood of Lakewood, OH from $581 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakewood Park area of Lakewood.

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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property at 1227 Cranford Ave

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

1227 Cranford Ave

LakewoodOH44107

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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South Westerly
Studio to 2 Bedroom Apartments

South Westerly

14401 Detroit AveLakewood, OH 44107
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Clarence House
Studio to 2 Bedroom Apartments

Clarence House

1380-1384 Clarence AveLakewood, OH 44107
  • Utilities Included
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15121 Clifton Blvd
1 to 2 Bedroom Apartments

15121 Clifton Blvd

15121 Clifton BlvdLakewood, OH 44107
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Wingate Apartments
1 to 2 Bedroom Apartments

Wingate Apartments

15115 Lake AveLakewood, OH 44107
  • Utilities Included
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Sheffield Apartments
1 to 2 Bedroom Apartments

Sheffield Apartments

15325 Lake AveLakewood, OH 44107
  • Utilities Included
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Grace Apartments
1 Bedroom Apartments

Grace Apartments

1414 Grace AveLakewood, OH 44107
  • Utilities Included
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Clifford Apartments
1 to 2 Bedroom Apartments

Clifford Apartments

15324 Clifton BlvdLakewood, OH 44107
  • Utilities Included
property at 12900 Lake Ave

$1,400 - $2,500

1 To 2 Bedroom Rentals

Available Now

12900 Lake Ave

LakewoodOH44107

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parkside
1 to 2 Bedroom Apartments

Parkside

15115 Lake AveCleveland, OH 44107
  • Utilities Included
Showing Results 1-29, Page 1 of 1

Lakewood Park, Lakewood, OH Local Guide

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 Grace Apartments priced from $950. Parkway Arms Apartment has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Lakewood Park apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Grace Apartments1 Bedroom1BR,1BA$950
Parkway Arms Apartment1 Bed / 1 Bath1BR,1BA$950
Elbur Avenue2 Bedroom 1 Bath2BR,1BA$995
The Lewis2 Bedroom, 1 Bath2BR,1BA$1,400
Arbor Apartments2 Bedroom2BR,1BA$1,500

Best Value Apartments for Rent in Lakewood Park, OH

As of August 23, 2026 the best value apartment in the Lakewood Park area is the $1.20 price per square foot 15909 Clifton Blvd Model at 15909 Clifton Blvd, Unit #2 in the in the Downtown Lakewood neighborhood starting from $1,800. The second greatest value Lakewood Park apartment is the 1505 Wagar Ave Model at 1505 Wagar Ave, Unit Lower starting at $1,695 with a $1.31 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 ListingModel NameBed/BathPrice Per Sq.Ft.
15909 Clifton Blvd, Unit #215909 Clifton Blvd3BR,1BA$1.20
1505 Wagar Ave, Unit Lower1505 Wagar Ave2BR,1BA$1.31
Arbor Apartments2 Bedroom2BR,1BA$1.36
14122 Detroit Ave, Unit Sherlou #314122 Detroit Ave2BR,1BA$0.91
The Lewis2 Bedroom, 1 Bath2BR,1BA$1.65
Parkway Arms Apartment1 Bed / 1 Bath1BR,1BA$1.36
Grace Apartments1 Bedroom1BR,1BA$1.47
Elbur Avenue2 Bedroom 1 Bath2BR,1BA$1.62

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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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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Pet Friendly Lifestyle
Lakewood Park, Lakewood, OH

Ranked #11

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lakewood Park, Lakewood, OH

School data provided by Great Schools

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 $950 at Grace Apartments.

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 $995 at Elbur Avenue.

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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