Cheap Apartments for Rent in the Downtown Cleveland Neighborhood of Cleveland, OH from $400 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Cleveland area of Cleveland.

Cleveland's Best Affordable Neighborhoods

Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker

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Arbor Park Village
1 to 4 Bedroom Apartments

Arbor Park Village

3750 Fleming AveCleveland, OH 44115
Senior Living
  • Utilities Included
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Prospect Yard
2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included
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Cornerstone Apartments
1 to 2 Bedroom Apartments

Cornerstone Apartments

3147 Prospect AveCleveland, OH 44115
  • Utilities Included
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Plaza Suites
Studio to 3 Bedroom Apartments

Plaza Suites

3206 E Prospect AveCleveland, OH 44115
  • Utilities Included

Downtown Cleveland, Cleveland, OH Local Guide

Cheapest Available Downtown Cleveland Apartments for Rent

 

The cheapest available apartment rental in the Downtown Cleveland area of Cleveland, OH is a 2 Beds unit found at Prospect Yard priced from $451. Stockbridge Apartments ALL UTILITIES INCLUDED has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Downtown Cleveland apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
Stockbridge Apartments ALL UTILITIES INCLUDEDStudio & EfficiencyStudio,1BA$695
2320 LoftsCo-Living 1 BR in 3 BR1BR,1BA$725
University StudiosThe FreshmanStudio,1BA$792
Crittenden Court ApartmentsStudio Type CStudio,1BA$875
Innovation LandingStudio AStudio,1BA$883
Reserve Square*Standard StudioStudio,1BA$918
The LuckmanE1Studio,1BA$949
Lofts at 629 Euclidls-544Studio,1BA$990

Best Value Apartments for Rent in Downtown Cleveland, OH

As of March 23, 2025 the best value apartment in the Downtown Cleveland area is the $1.05 price per square foot Suite Style A & B Model at Stonebridge Waterfront in the in the Downtown Cleveland neighborhood starting from $1,369. The second greatest value Downtown Cleveland apartment is the 2 bd Model at Hingetown Lofts starting at $1,900 with a $1.46 price per square foot in the Downtown Cleveland neighborhood. Here is today’s list of the best values for Downtown Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonebridge WaterfrontSuite Style A & B2BR,2BA$1.05
Hingetown Lofts2 bd2BR,2BA$1.46
The Bradley Building1BDRM 1BA1BR,1BA$1.30
Prospect Yard2 Bedroom2BR,1BA$0.45
Mueller Lofts1 Bedroom / 1 Bathroom1BR,1BA$1.44
The Residences at 6681 Bed 1 Bath - Euclid Avenue1BR,1BA$1.35
The Residences At Hanna1 Bed 1 Bath1BR,1BA$1.15
The Archer Apartment Homes1 Bedroom 1 Bath1BR,1BA$1.57
Walker Weeks1 Bedroom 1 Bath1BR,1BA$1.20
Worthington Square ApartmentsSuite G1BR,1BA$1.48

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Pet Friendly Lifestyle
Downtown Cleveland, Cleveland, OH

Ranked #3

Among neighborhoods in Cleveland, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Cleveland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Cleveland Apartments

What is a cheap apartment in Downtown Cleveland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Cleveland is under $990.

What is the price of a cheap apartment in Downtown Cleveland?

The cheapest apartment in Downtown Cleveland is 2320 Lofts which is listed at $725, while the average apartment in Downtown Cleveland costs $5,577.

What types of apartments are the cheapest in Downtown Cleveland?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 469 regular apartments in Downtown Cleveland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Cleveland?

Cheap apartments in Downtown Cleveland have an average cost of $1,129 which is $4,448 cheaper than the average rent for all rentals in Downtown Cleveland.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sandy Baker

Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.