Cheap Apartments for Rent in Wakeman, OH from $400 (22 Rentals)

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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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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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property at 416 East Ave

$695

1 Bedroom Rentals

Available Now

416 East Ave

ElyriaOH44035
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249 8th St
1 to 3 Bedroom Apartments

249 8th St

249 8th StElyria, OH 44035
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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 Studio unit found at Hampshire I Apartments in the South Elyria neighborhood priced from $625. Concord Apartments in the Bartish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Wakeman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hampshire I ApartmentsStudioStudio,1BA$625
Concord Apartments1 Bedroom1BR,1BA$695
Water's Edge Apartments1 Bed1BR,1BA$700
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$735
Arbor Grove LorainStudioStudio,1BA$789

Best Value Apartments for Rent in Wakeman, OH and Nearby

As of February 01, 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 2 Bedroom, 1 Bath Model at Timbers Edge starting at $1,100 with a $0.92 price per square foot in the Perkins Township 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
Timbers Edge2 Bedroom, 1 Bath2BR,1BA$0.92
Hunters Crossing ApartmentsTwo Bedroom with Private Entry2BR,2BA$1.29
Hunters Marsh Villas2 Bedroom Ranch - Detach Gar2BR,2BA$1.35
Stony Ridge Manor Apartments2 Bed 1 Bath2BR,1BA$1.09
Condor Garden Apartments2 Bedroom2BR,1BA$1.10
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$1.08
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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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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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!

Explore Wakeman, OH Rentals by Map

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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 The Shore Club and starts from $1,570.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.