
Cheap Apartments for Rent in Painesville, OH from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Painesville.


Andover Courtyard

Colonial Village

Richlawn Apartments

Nye Park Apartments

Hollydale

Grant Street Apartments
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.

Grand River Walk

Painesville Townhouse Apartments

Wesley Village

Seneca Grove

Tropical Village Apartments

Courtyard Village Apartments

Rainforest Village
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.

St. Clair Village

Mentor Paige Place Apartments

Pepper Tree Townhomes

Kensington

Brentwood Apartments

218 S St Clair St

244 E Prospect St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Concord Station

206 Courtland St

525 E 222nd St

1592 Ridgewick Dr

29435 Euclid Ave

1446 E 252nd St

1517 E 256th St
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.
Painesville, OH Local Guide

How much does it cost to rent an apartment in Painesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Painesville Studio Apartments | $1,324 | $1,208 | $1,919 |
| Cheap Painesville 1 Bedroom Apartments | $1,328 | $850 | $1,580 |
| Cheap Painesville 2 Bedroom Apartments | $1,708 | $1,050 | $2,450 |
| Cheap Painesville 3 Bedroom Apartments | $2,008 | $1,905 | $2,075 |
Browse Top Apartments in Painesville
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Painesville, OH Local Guide
- Painesville Neighborhoods
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Cheapest Available Painesville Apartments for Rent
 The cheapest available apartment rental in Painesville, OH is a 1 Bed unit found at Rainforest Village in the East Mentor neighborhood priced from $880. Andover Courtyard in the East Mentor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Painesville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rainforest Village | 1 Bed / 1 Bath - Vinyl Flooring / Stainless Ste... | 1BR,1BA | $880 |
| Andover Courtyard | 1Bed 1 Bath | 1BR,1BA | $950 |
| Colonial Village | Colonial: 1 Bed 1 Bath | 700 sqft | SEMI improved | 1BR,1BA | $995 |
| Richlawn Apartments | Welcome Home To Richlawn Apartments! | 1BR,1BA | $1,050 |
| Nye Park Apartments | 2BD/1BHT | 2BR,1BA | $1,079 |
| Hollydale | Hollydale: 2 Bed 1 Bath - Upgraded | 2BR,1BA | $1,100 |
| Grant Street Apartments | Grant: 2 Bed 1 Bath - Upgraded | 2BR,1BA | $1,150 |
| Heisley Park Senior Apartments | 1 bedroom | 1BR,1BA | $1,545 |
| Concord Place Apartments | Type A - Updated (95-2X2U) | 2BR,2BA | $1,700 |
| Cobblestone Court Apartments | B2 | 2BR,2BA | $1,770 |
Best Value Apartments for Rent in Painesville, OH
As of May 16, 2026 the best value apartment in the Painesville area is the $1.52 price per square foot B2 Model at Cobblestone Court Apartments in the in the East Mentor neighborhood starting from $1,770. The second greatest value Painesville apartment is the Type A - Updated (95-2X2U) Model at Concord Place Apartments starting at $1,700 with a $1.58 price per square foot in the South Mentor neighborhood. Here is today’s list of the best values for Painesville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cobblestone Court Apartments | B2 | 2BR,2BA | $1.52 |
| Concord Place Apartments | Type A - Updated (95-2X2U) | 2BR,2BA | $1.58 |
| Nye Park Apartments | 2BD/1BHT | 2BR,1BA | $1.20 |
| Hollydale | Hollydale: 2 Bed 1 Bath - Premium | 2BR,1BA | $1.44 |
| Grant Street Apartments | Grant: 2 Bed 1 Bath - Premium | 2BR,1BA | $1.59 |
| Colonial Village | Colonial: 1 Bed 1 Bath | 700 sqft | SEMI improved | 1BR,1BA | $1.42 |
| Heisley Park Senior Apartments | 1 bedroom | 1BR,1BA | $2.47 |
| Rainforest Village | 1 Bed / 1 Bath - Vinyl Flooring / Stainless Ste... | 1BR,1BA | $1.47 |
| Andover Courtyard | 1Bed 1 Bath | 1BR,1BA | $1.64 |
| Richlawn Apartments | Welcome Home To Richlawn Apartments! | 1BR,1BA | $1.91 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Painesville, OH
Chestnut Elementary School
Harvey High School
Heritage Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Painesville, OH Rentals by Map
See the most popular apartments and homes in Painesville, OH
Frequently Asked Questions about Cheap Painesville Apartments
How much is rent for a Cheap One Bedroom Painesville Apartment?
The lowest price for a Cheap One Bedroom Painesville Apartment is $880 at Rainforest Village.
What is the lowest price for a Cheap Two Bedroom Painesville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Painesville is starting from $1,045 at Rainforest Village.
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.
Helpful Local Expert Guides

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.

Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Written by: Sandy Baker
Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Written by: Sandy Baker
If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture
Written by: Sandy Baker
Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.