Cheap Homes for Rent in Malvern Mercer Neighborhood of Shaker Heights, OH from $1,000 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Malvern Mercer area of Shaker Heights.

property at 18405 Newell Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

18405 Newell Rd

Shaker HeightsOH44122

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.

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.

Cheapest Available Malvern Mercer Apartments for Rent

 

The cheapest available apartment rental in the Malvern Mercer area of Akron, OH is a 1 Bed unit found at Almar Arms priced from $1,050. North Park Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Malvern Mercer apartments for rent in Akron, OH:

Apartment ListingModel NameBed/BathPriced From
Almar Arms1 Bedroom 1 Bath1BR,1BA$1,050
North Park Terrace Apartments1 Bedroom1BR,1BA$1,095
Shaker CrossingOne Bed One Bath1BR,1BA$1,100

Best Value Apartments for Rent in Malvern Mercer, OH

As of May 24, 2026 the best value apartment in the Malvern Mercer area is the $1.43 price per square foot C12 Model at Beachwood Apartments in the in the John Carroll neighborhood starting from $2,030. The second greatest value Malvern Mercer apartment is the Spring Special April and May 2026 Model at Uptown Shaker starting at $1,300 with a $1.24 price per square foot in the Malvern neighborhood. Here is today’s list of the best values for Malvern Mercer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Beachwood ApartmentsC122BR,2BA$1.43
Uptown ShakerSpring Special April and May 20261BR,1BA$1.24
Shaker Norwood2BR/1.0BA2BR,1BA$1.20
Cozy and Spacious 1 & 2-Bedroom Haven in a Serene Suburban Neighborhood2/1 Bedroom2BR,1BA$1.83
Almar Arms2 Bedroom 2 Baths2BR,2BA$1.43
Uptown Shaker ApartmentsSpring Special April and May 20261BR,1BA$1.49
Parkland Apartments1 Bed1BR,1.5BA$1.63
North Park Terrace Apartments1 Bedroom1BR,1BA$1.39
The VueA01C1BR,1BA$2.30
Shaker CrossingOne Bed One Bath1BR,1BA$1.75

Frequently Asked Questions about Malvern Mercer

What type of rentals are currently available in Malvern Mercer?

There are currently 62 Apartments for Rent in Malvern Mercer, OH with pricing that ranges from $645 to $7,815. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Malvern Mercer ranging from $1,000 to $3,950.

What is the current price range for Rental Homes in Malvern Mercer?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Malvern Mercer ranges from $1,000 to $3,950 with an average monthly rent of $1,835.

How much are larger Three and Four Bedroom Rentals in Malvern Mercer?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Malvern Mercer range from $1,400 to $7,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $1,449.

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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Akron, OH article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Akron, OH

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.com Local Expert for Akron, and I'm here to talk to you about this city that is a bustling part of Northeastern Ohio.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.