Cheap Apartments for Rent in the Lakefront Neighborhood of Cleveland, OH from $400 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakefront 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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Cornerstone Apartments
1 to 2 Bedroom Apartments

Cornerstone Apartments

2029 E 40th StCleveland, OH 44103
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Cornerstone Apartments
1 to 2 Bedroom Apartments

Cornerstone Apartments

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

Plaza Suites

3206 E Prospect AveCleveland, OH 44115
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Showing Results 1-50, Page 1 of 2

Lakefront, Cleveland, OH Local Guide

Cheapest Available Lakefront Apartments for Rent

 

The cheapest available apartment rental in the Lakefront 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 Lakefront 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 Lakefront, OH

As of March 25, 2025 the best value apartment in the Lakefront 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 Lakefront 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 Lakefront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonebridge WaterfrontSuite Style A & B2BR,2BA$1.05
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
Lakefront, Cleveland, OH

Ranked #5

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

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Cleveland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, places to raise kids, and more. These search options are in the site filters at the top of this page.

Getting Around the Lakefront Neighborhood in Cleveland, OH

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakefront Apartments

What is a cheap apartment in Lakefront?

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

What is the price of a cheap apartment in Lakefront?

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

What types of apartments are the cheapest in Lakefront?

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 437 regular apartments in Lakefront 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 Lakefront?

Cheap apartments in Lakefront have an average cost of $1,165 which is $4,412 cheaper than the average rent for all rentals in Lakefront.

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.