Cheap Apartments for Rent in the Downtown 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 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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Prospect Yard
2 Bedroom Apartments

Prospect Yard

1937 Prospect AveCleveland, OH 44115
  • Utilities Included
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Downtown, Cleveland, OH Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Cleveland, OH is a 2 Beds unit found at Prospect Yard priced from $451. 2320 Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Downtown apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Prospect Yard2 Bedroom2BR,1BA$451
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
Walker Weeks1 Bedroom 1 Bath1BR,1BA$995

Best Value Apartments for Rent in Downtown, OH

As of March 22, 2025 the best value apartment in the Downtown area is the $1.47 price per square foot Suite Style C2 - 2 Bedrooms 2 Baths Model at Residences at 55 in the in the Gateway District neighborhood starting from $2,059. The second greatest value Downtown apartment is the 1BDRM 1BA Model at The Bradley Building starting at $1,400 with a $1.30 price per square foot in the Gateway District neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Residences at 55Suite Style C2 - 2 Bedrooms 2 Baths2BR,2BA$1.47
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
Huron Square and The Osborn ApartmentsOne bedroom1BR,1BA$1.57

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Pet Friendly Lifestyle
Downtown, Cleveland, OH

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $995.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is 2320 Lofts which is listed at $725, while the average apartment in Downtown costs $3,500.

What types of apartments are the cheapest in Downtown?

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 361 regular apartments in Downtown 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?

Cheap apartments in Downtown have an average cost of $427 which is $3,073 cheaper than the average rent for all rentals in Downtown.

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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