Cheap Homes for Rent in Silver Lake, OH from $800 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in Silver Lake.

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.

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.

Silver Lake, OH Local Guide

Cheapest Available Silver Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silver Lake, OH is a Studio unit found at Studio City in the Outer East Tallmadge neighborhood priced from $750. Portage Trail East Apartments in the Downtown Cuyahoga Falls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Studio CityBuilding 1 - StudioStudio,1BA$750
Portage Trail East ApartmentsStudio - Full KitchenStudio,1BA$795
The Apartments on Second StreetOne Bedroom1BR,1BA$892
The Peaks at Water's Edge2 Bed 1 Bath Premium (plank/cab/appli)2BR,1BA$945
Brighton PlaceKensington1BR,1BA$986

Best Value Apartments for Rent in Silver Lake, OH and Nearby

As of April 16, 2026 the best value apartment in the Silver Lake area is the $1.18 price per square foot 2B Luxury Model at The Residences at 440 in the in the East Steels Corners neighborhood starting from $1,850. The second greatest value Silver Lake apartment is the 1872 Higby Dr Model at 1872 Higby Dr, Unit B starting at $1,650 with a $1.15 price per square foot in the Call's Farm neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at 4402B Luxury2BR,1BA$1.18
1872 Higby Dr, Unit B1872 Higby Dr2BR,1.5BA$1.15
Bailey Point2 Bedroom 1.5 Bath2BR,1.5BA$1.29
Creekside Commons East2BR/2.0BA2BR,2BA$1.27
Linden LaneNewport2BR,2BA$1.33
1929 Ritchie Rd, Unit 1929 Ritchie Rd.1929 Ritchie Rd2BR,1BA$1.31
Kennedy Commons2b/2b2BR,2BA$1.31
Brookside Residences Apartment Homes2B2BR,1BA$1.15
The Peaks at Water's Edge2 Bed 1 Bath Premium (plank/cab/appli)2BR,1BA$1.11
The Apartments on Second StreetOne Bedroom1BR,1BA$1.19

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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

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Frequently Asked Questions about Silver Lake

What type of rentals are currently available in Silver Lake?

There are currently 139 Apartments for Rent in Silver Lake, OH with pricing that ranges from $680 to $8,039. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $875 to $4,200.

What is the current price range for Rental Homes in Silver Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $875 to $4,200 with an average monthly rent of $2,023.

How much are larger Three and Four Bedroom Rentals in Silver Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Lake range from $1,050 to $4,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $8,039.

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

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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.

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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.