Cheap Apartments for Rent in the Playhouse Square Neighborhood of Cleveland, OH from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Playhouse Square area of Cleveland.

Sankofa Village

2344 Prospect Ave E, Unit 204

University Studios

Crittenden Court Apartments

Innovation Landing

Perry Payne Apartments

Reserve Square*

LIV Cleveland

Lofts at 629 Euclid
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

750 Prospect Ave E, Unit 202

Huron Square and The Osborn Apartments

Shorehaus Lofts

Mueller Lofts

Innerbelt Lofts

The Residences At Hanna

The Statler

Worthington Square Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

East 4th Street

Bridgeview Apartments

Iconic Living at The 9

The Residences at 668

Skyline 776

The Grant

Ten 60 Bolivar

The Terminal Tower Residences

The Seasons at Perk Park
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Standard

LOFTS of West 9

The Creswell

Residences at 1717

Tower Press Building

The Bell

Residences at Leader

The Ivory on Euclid

The Bradley Building
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

Skyline Tower - Income Based for Seniors 62+

1104 Prospect Ave E
Playhouse Square, Cleveland, OH Local Guide

How much does it cost to rent an apartment in Playhouse Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Playhouse Square Studio Apartments | $1,185 | $880 | $1,942 |
Playhouse Square 1 Bedroom Apartments | $1,648 | $725 | $4,802 |
Playhouse Square 2 Bedroom Apartments | $2,429 | $1,000 | $10,000+ |
Playhouse Square 3 Bedroom Apartments | $4,463 | $1,200 | $10,000+ |
Playhouse Square 4 Bedroom Apartments | $3,500 | $3,500 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 1 mile radius of the Playhouse Square Neighborhood of Cleveland, OH.
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Playhouse Square, Cleveland, OH Local Guide
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Cheapest Available Playhouse Square Apartments for Rent
 The cheapest available apartment rental in the Playhouse Square 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 Playhouse Square apartments for rent in Cleveland, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Prospect Yard | 2 Bedroom | 2BR,1BA | $451 |
2320 Lofts | Co-Living 1 BR in 3 BR | 1BR,1BA | $725 |
University Studios | The Freshman | Studio,1BA | $880 |
Crittenden Court Apartments | Studio Type A | Studio,1BA | $895 |
Perry Payne Apartments | 0BR/1.0BA | Studio,1BA | $939 |
Reserve Square* | Standard Studio | Studio,1BA | $946 |
LIV Cleveland | E1 | Studio,1BA | $949 |
Huron Square and The Osborn Apartments | One bedroom | 1BR,1BA | $999 |
Innerbelt Lofts | Studio - 0/1 | Studio,1BA | $1,050 |
Lofts at 629 Euclid | l1-569 | 1BR,1BA | $1,060 |
Best Value Apartments for Rent in Playhouse Square, OH
As of May 14, 2025 the best value apartment in the Playhouse Square area is the $0.86 price per square foot 3 Bedroom 2 Bath Model at Walker Weeks in the in the Gateway District neighborhood starting from $1,725. The second greatest value Playhouse Square apartment is the 2 Bedroom 2 Bathroom Model at The Bingham Apartment Homes starting at $1,613 with a $1.32 price per square foot in the Gateway District neighborhood. Here is today’s list of the best values for Playhouse Square apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Walker Weeks | 3 Bedroom 2 Bath | 3BR,2BA | $0.86 |
The Bingham Apartment Homes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.32 |
The Bradley Building | 1BDRM 1BA | 1BR,1BA | $1.30 |
Bridgeview Apartments | 2BR/2.0BA | 2BR,2BA | $1.51 |
The Lofts at Southworth | Two Bedroom-32 | 2BR,2BA | $1.39 |
Prospect Yard | 2 Bedroom | 2BR,1BA | $0.45 |
The Residences at 668 | 1 Bed 1 Bath - Euclid Avenue | 1BR,1BA | $1.39 |
The Residences At Hanna | 1 Bed 1 Bath | 1BR,1BA | $1.19 |
Worthington Square Apartments | Suite G | 1BR,1BA | $1.48 |
Huron Square and The Osborn Apartments | One bedroom | 1BR,1BA | $1.43 |
Quick 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.
Lifestyle Ratings
This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States including Playhouse Square, Cleveland, and the greater Cleveland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Playhouse Square Neighborhood in Cleveland, OH
Walk Score®
93 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
75 / 100
Excellent Transit
Transit is convenient for most trips
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 Playhouse Square Apartments
What is a cheap apartment in Playhouse Square?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Playhouse Square is under $1,060.
What is the price of a cheap apartment in Playhouse Square?
The cheapest apartment in Playhouse Square is 2320 Lofts which is listed at $725, while the average apartment in Playhouse Square costs $3,500.
What types of apartments are the cheapest in Playhouse Square?
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 15 regular apartments in Playhouse Square 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 Playhouse Square?
Cheap apartments in Playhouse Square have an average cost of $307 which is $3,193 cheaper than the average rent for all rentals in Playhouse Square.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.