Cheap Apartments for Rent in Wakeman, OH from $400 (46 Rentals)

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

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.

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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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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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Hampshire I Apartments
Studio to 2 Bedroom Apartments

Hampshire I Apartments

103 Cheshire DrElyria, OH 44035
Corporate Housing
  • Utilities Included
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249 8th St
1 to 3 Bedroom Apartments

249 8th St

249 8th StElyria, OH 44035
  • Smoke Free

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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Westwood Estates
1 to 4 Bedroom Apartments

Westwood Estates

7055 Quarry RdAmherst, OH 44001
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Sunset Townhouses
2 to 3 Bedroom Apartments

Sunset Townhouses

630 S Abbe RdElyria, OH 44035
  • 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.

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Wakeman, OH Local Guide

Cheapest Available Wakeman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wakeman, OH is a 1 Bed unit found at Concord Apartments in the Bartish neighborhood priced from $695. Tower Regency & Tower Garden in the Bartish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Wakeman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Concord Apartments1 Bedroom1BR,1BA$695
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$740
Arbor Grove LorainStudioStudio,1BA$789
Water's Edge Apartments1 Bed1BR,1BA$799
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$810
Crystal Shores CommunityOne bed/one bath1BR,1BA$825
Oakwood Park Apartments1 Bedroom1BR,1BA$825
Pinebrook Tower Apartments1BR/1BA1BR,1BA$850
The Alba ApartmentsAlba 1BR1BR,1BA$895

Best Value Apartments for Rent in Wakeman, OH and Nearby

As of May 07, 2026 the best value apartment in the Wakeman area is the $0.98 price per square foot Single Family Home Ranch Model at 403 Palomino Ct in the in the South Cleveland neighborhood starting from $1,850. The second greatest value Wakeman apartment is the Shoreline Model at Shoreline Village Apartments starting at $1,550 with a $1.19 price per square foot in the Downtown Vermilion neighborhood. Here is today’s list of the best values for Wakeman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
403 Palomino CtSingle Family Home Ranch3BR,2BA$0.98
Shoreline Village ApartmentsShoreline2BR,2BA$1.19
Timbers Edge2 Bedroom, 1 Bath2BR,1BA$0.92
Bayberry Cove2 BR2BR,2BA$1.37
Stony Ridge Manor Apartments1 Bed 1 Bath1BR,1BA$1.20
Sunset Townhouses2 Bed Townhome2BR,1BA$1.17
Crystal Shores CommunityTwo Bedroom- One Bath (460M)2BR,1BA$1.27
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$1.14
Water's Edge Apartments1 Bed1BR,1BA$1.23
Pinebrook Tower Apartments1BR/1BA1BR,1BA$1.33

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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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.

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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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Frequently Asked Questions about Cheap Wakeman Apartments

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

The lowest price for a Cheap One Bedroom Wakeman Apartment is $695 at Concord Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wakeman is starting from $795 at Concord Apartments.

What is the most affordable Wakeman Three Bedroom Apartment?

The best deal on a cheap Wakeman Three Bedroom Apartment rental is at Oakwood Park Apartments and starts from $1,000.

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 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.

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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.

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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.