
Cheap Homes for Rent in Malvern Mercer Neighborhood of Shaker Heights, OH from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Malvern Mercer area of Shaker Heights.


3559 Gridley Rd

19406 Van Aken Blvd, Unit 1B, Unit 1B

19406 Van Aken Blvd

18405 Newell Rd
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.

18320 Newell Rd

3580 Normandy Rd

3601 Glencairn Rd

3279 Warrensville Center Rd, Unit 15D, Unit 15D

3279 Warrensville Center Rd, Unit 3 A, Unit 3 A
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.
Malvern Mercer, Shaker Heights, OH Local Guide

How much does it cost to rent a home in Malvern Mercer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Malvern Mercer 2 Bedroom Homes for Rent | $1,402 | $1,250 | $1,495 |
| Malvern Mercer 3 Bedroom Homes for Rent | $2,662 | $2,000 | $3,950 |
| Malvern Mercer 4 Bedroom Homes for Rent | $2,925 | $2,350 | $3,500 |
| Malvern Mercer 5 Bedroom Homes for Rent | $1,875 | $1,800 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Malvern Mercer Neighborhood of Shaker Heights, OH.
Explore Shaker Heights
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Almar Arms | 1 Bedroom 1 Bath | 1BR,1BA | $1,050 |
| North Park Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,095 |
| Shaker Crossing | One Bed One Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Beachwood Apartments | C12 | 2BR,2BA | $1.43 |
| Uptown Shaker | Spring Special April and May 2026 | 1BR,1BA | $1.24 |
| Shaker Norwood | 2BR/1.0BA | 2BR,1BA | $1.20 |
| Cozy and Spacious 1 & 2-Bedroom Haven in a Serene Suburban Neighborhood | 2/1 Bedroom | 2BR,1BA | $1.83 |
| Almar Arms | 2 Bedroom 2 Baths | 2BR,2BA | $1.43 |
| Uptown Shaker Apartments | Spring Special April and May 2026 | 1BR,1BA | $1.49 |
| Parkland Apartments | 1 Bed | 1BR,1.5BA | $1.63 |
| North Park Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| The Vue | A01C | 1BR,1BA | $2.30 |
| Shaker Crossing | One Bed One Bath | 1BR,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

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.

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.