Cheap Apartments for Rent in Peninsula, OH from $700 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Hudson Estates
1 to 3 Bedroom Apartments

Hudson Estates

100 Keenan RdPeninsula, OH 44264
  • Utilities Included

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.

Read Article

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.

Read Article
close
View Me
Pleasant Meadow Apartments
1 to 2 Bedroom Apartments

Pleasant Meadow Apartments

280 Pleasant Meadow BlvdCuyahoga Falls, OH 44224
  • Utilities Included

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.

Read Article

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.

Read Article
Showing Results 1-37, Page 1 of 1

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 Merriman Valley Apartments & Townhomes in the Merriman Valley neighborhood priced from $785. The Peaks at Water's Edge in the Stow neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $930. Here is today’s list of the most affordable Peninsula apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Merriman Valley Apartments & Townhomes1 Bed 1 Bath A - 596sqft1BR,1BA$785
The Peaks at Water's Edge2 Bed 1 Bath2BR,1BA$930
Cascade FallsFour Bedroom4BR,2BA$960
Meadowbrook Lake Apartments2x1_9812BR,1BA$975
Hampton KnollThe Avalon1BR,1BA$1,020
441-449 Graham Rd2BR 1BA2BR,1BA$1,250
Surrey Park Apartments2 bedroom 1 bath2BR,1BA$1,275
Brighton PlaceBuckingham Townhome2BR,1BA$1,337
Bridgewater Park ApartmentsThe Avalon2BR,1BA$1,350
Hidden Lake ApartmentsWinchester1BR,1BA$1,489

Best Value Apartments for Rent in Peninsula, OH and Nearby

As of July 14, 2026 the best value apartment in the Peninsula area is the $0.97 price per square foot Buckingham Townhome Model at Brighton Place in the in the Call's Farm neighborhood starting from $1,337. The second greatest value Peninsula apartment is the Four Bedroom Model at Cascade Falls starting at $960 with a $0.76 price per square foot in the Northwest Akron 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.
Brighton PlaceBuckingham Townhome2BR,1BA$0.97
Cascade FallsFour Bedroom4BR,2BA$0.76
Creekside Commons East2BR/2.0BA2BR,2BA$1.27
Wyndham RidgeTraditional 2 Bedroom with Den2BR,2BA$1.46
Bridgewater Park ApartmentsThe Bainbridge2BR,2BA$1.39
Meadowbrook Lake Apartments2x1_9812BR,1BA$1.15
The Peaks at Water's Edge2 Bed 1 Bath Premium (plank/cab/appli)2BR,1BA$1.18
441-449 Graham Rd2BR 1BA2BR,1BA$1.47
Hampton KnollThe Avalon1BR,1BA$1.27
Merriman Valley Apartments & Townhomes1 Bed 1 Bath A - 596sqft1BR,1BA$1.32

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 Article
Decorative image

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.

Read Article
Decorative image

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

Best Local Schools in
Peninsula, OH

School data provided by Great Schools

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

Explore Peninsula, OH Rentals by Map

Decorative image of map

See the most popular apartments and homes in Peninsula, OH

View Map
Peninsula, OH Apartments Map
View Map
Peninsula, OH Rental Homes Map

Frequently Asked Questions about Cheap Peninsula Apartments

What is the Cheapest Studio apartment in Peninsula?

Currently the most affordable Cheap Studio Apartment in Peninsula is at Downtown at Valor Acres listed at $1,800.

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

The lowest price for a Cheap One Bedroom Peninsula Apartment is $785 at Merriman Valley Apartments & Townhomes.

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 $930 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 $1,225.

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

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.