Cheap Apartments for Rent in Peninsula, OH from $700 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Peninsula.

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Hudson Estates
1 to 3 Bedroom Apartments

Hudson Estates

100 Keenan RdPeninsula, OH 44264
  • Utilities Included
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Cedarwood Village Apartments
Rent Specials
$959 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$864 - $1,200
Required Monthly Fees
$95

Total Monthly Price
$959 - $1,295
1 to 3 Bedroom Apartments Available Now

Cedarwood Village Apartments

1343 Weathervane LnAkron, OH 44313
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  • Customer Reviewed
  • 3D Tour

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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Wyoga Place Apartments
Rent Specials
$999 - $1,180
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,130
Required Monthly Fees
$50

Total Monthly Price
$999 - $1,180
1 to 2 Bedroom Apartments Available Now

Wyoga Place Apartments

4235 Americana DrStow, OH 44224
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  • Customer Reviewed
  • Utilities Included

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.

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Pleasant Meadow Apartments
1 to 2 Bedroom Apartments

Pleasant Meadow Apartments

280 Pleasant Meadow BlvdCuyahoga Falls, OH 44224
  • Utilities Included

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.

Peninsula, OH Local Guide

Cheapest Available Peninsula Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peninsula, OH is a 1 Bed unit found at The Peaks at Water's Edge in the East Steels Corners neighborhood priced from $850. Merriman Valley Apartments & Townhomes in the Merriman Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Peninsula apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Peaks at Water's Edge1 Bed 1 Bath1BR,1BA$850
Merriman Valley Apartments & Townhomes1 Bed 1 Bath 569sqft1BR,1BA$860
Hampton KnollThe Avalon1BR,1BA$895
Pine Mill Ridge Apartments2x2 loft2BR,1BA$925
Pheasant Run Apartments1 BD Standard1BR,1BA$950
Cedarwood Village ApartmentsThe Sand Run1BR,1BA$959
Cascade FallsFour Bedroom4BR,2BA$960
MeadowoodOne Bedroom One Bath Apartment1BR,1BA$995
Wyoga Place ApartmentsTwo Bedroom/One Bath2BR,1BA$999
Brighton PlaceKensington1BR,1BA$1,015

Best Value Apartments for Rent in Peninsula, OH and Nearby

As of February 26, 2026 the best value apartment in the Peninsula area is the $1.24 price per square foot Vanguard with Loft Model at Linden Lane in the in the East Steels Corners neighborhood starting from $1,740. The second greatest value Peninsula apartment is the Willowood Model at Redwood Cuyahoga Falls West Bath Road starting at $2,154 with a $1.56 price per square foot in the Merriman Valley neighborhood. Here is today’s list of the best values for Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Linden LaneVanguard with Loft2BR,2BA$1.24
Redwood Cuyahoga Falls West Bath RoadWillowood2BR,2BA$1.56
Mannington PlaceTownhome Plus2BR,2.5BA$1.47
Pine Mill Ridge Apartments2x2 loft2BR,1.5BA$0.88
Wyndham RidgeCraftsman 2 Bedroom 2 Bath2BR,2BA$1.34
Pheasant Run Apartments1 BD w/ Den Rebuild1BR,1BA$1.50
Hampton KnollThe Avalon1BR,1BA$1.11
Cedarwood Village ApartmentsThe Sand Run1BR,1BA$1.28
The Peaks at Water's Edge1 Bed 1 Bath1BR,1BA$1.37
Merriman Valley Apartments & Townhomes1 Bed 1 Bath 569sqft1BR,1BA$1.51

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Peninsula Apartments

How much is rent for a Cheap One Bedroom Peninsula Apartment?

The lowest price for a Cheap One Bedroom Peninsula Apartment is $850 at The Peaks at Water's Edge.

What is the lowest price for a Cheap Two Bedroom Peninsula Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peninsula is starting from $900 at The Peaks at Water's Edge.

What is the most affordable Peninsula Three Bedroom Apartment?

The best deal on a cheap Peninsula Three Bedroom Apartment rental is at Merriman Valley Apartments & Townhomes and starts from $1,330.

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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.