
Cheap Homes for Rent near Wakeman, OH from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Wakeman.


4463 Oberlin Ave

411 9th St

1444 W River Rd N

4461 Oberlin Ave

410 W 14th St

330 W 17th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3009 Pearl Ave

116 Water St

1911 E 34th St

1220 W Erie Ave

230 Whittlesey Ave

3433 Livingston Ave

1377 Nichols Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,095 | $825 | $1,495 |
| Wakeman 3 Bedroom Homes for Rent | $1,409 | $950 | $2,495 |
| Wakeman 4 Bedroom Homes for Rent | $3,460 | $1,200 | $10,000+ |
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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 $725. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Apartments | 1 Bedroom | 1BR,1BA | $725 |
| 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 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $810 |
Best Value Apartments for Rent in Wakeman, OH and Nearby
As of July 30, 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 | $1.30 |
| 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 |
| Condor Garden Apartments | 2 Bedroom | 2BR,1BA | $1.19 |
| 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.
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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 $2,475. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakeman ranging from $700 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 $700 to $11,000 with an average monthly rent of $1,679.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.