
Cheap Homes for Rent in Wakeman, OH from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Wakeman.


138 Mendel Ct

4461 Oberlin Ave

1454 W River Rd N

1912 Camp St
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.

1021 Orange Rd

7155 Olivesburg-Fitchville Rd

942 S Central Dr

1714 E 30th St

3009 Pearl Ave
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.

230 Whittlesey Ave

352 Broadway St

5520 Beavercrest Dr

3502 Lowell Ave

116 Water St
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.
Wakeman, OH Local Guide

How much does it cost to rent a home in Wakeman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakeman 2 Bedroom Homes for Rent | $1,140 | $750 | $1,800 |
| Wakeman 3 Bedroom Homes for Rent | $1,546 | $930 | $2,695 |
| Wakeman 4 Bedroom Homes for Rent | $3,340 | $1,199 | $10,000+ |
| Wakeman 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Browse Top Homes for Rent in Wakeman
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Wakeman, OH Local Guide
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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. Harmony Square 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Apartments | 1 Bedroom | 1BR,1BA | $695 |
| Harmony Square Apartments | Barndoor | 1BR,1BA | $695 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $740 |
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $799 |
Best Value Apartments for Rent in Wakeman, OH and Nearby
As of June 15, 2026 the best value apartment in the Wakeman area is the $1.19 price per square foot Shoreline Model at Shoreline Village Apartments in the in the Downtown Vermilion neighborhood starting from $1,550. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shoreline Village Apartments | Shoreline | 2BR,2BA | $1.19 |
| Timbers Edge | 2 Bedroom, 1 Bath | 2BR,1BA | $0.92 |
| Stony Ridge Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| The Shore Club | 2 Bed 2 Bath Bayside | 2BR,2BA | $1.40 |
| Pinegrove Apartments | 129 David Drive | 2BR,1BA | $1.06 |
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $1.17 |
| Evergreen Village Apartments & Townhouses | 2 Bedroom Townhouse | 2BR,1.5BA | $1.20 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $1.23 |
| Pinebrook Tower Apartments | 1BR/1BA | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Wakeman
What type of rentals are currently available in Wakeman?
There are currently 55 Apartments for Rent in Wakeman, OH with pricing that ranges from $595 to $3,230. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakeman ranging from $750 to $11,000.
What is the current price range for Rental Homes in Wakeman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wakeman ranges from $750 to $11,000 with an average monthly rent of $1,738.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.