Cheap Apartments for Rent in the Shaker Lakes Neighborhood of Cleveland, OH from $400 (50 Rentals)

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

property at 2934 E 130th St

2934 E 130th St

ClevelandOH44120

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.

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Buckwood Apartments
Studio to 1 Bedroom Apartments

Buckwood Apartments

2824-2826 E 130th StCleveland, OH 44120
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Hampton Apartments
Studio to 1 Bedroom Apartments

Hampton Apartments

2910 Hampton RdCleveland, OH 44120
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Tudor Manor
1 Bedroom Apartments

Tudor Manor

2865 Hampton RdCleveland, OH 44120
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Plateau
1 to 2 Bedroom Apartments

Plateau

12463 Cedar RdCleveland, OH 44106
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The Derbyshire Building
1 to 2 Bedroom Apartments

The Derbyshire Building

2480-2482 Derbyshire RdCleveland, OH 44106
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Van Aken Crossing
1 Bedroom Apartments

Van Aken Crossing

2830-2890 Van Aken BlvdCleveland, OH 44120
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Moreland Place
2 Bedroom Apartments

Moreland Place

2666 N Moreland BlvdCleveland, OH 44120
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Court at Wales
1 to 2 Bedroom Apartments

Court at Wales

13129 Shaker SquareCleveland, OH 44120
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Fair Mount
1 to 2 Bedroom Apartments

Fair Mount

12467 Cedar RdCleveland, OH 44106
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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.

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Moreland Shakers Estates
1 to 2 Bedroom Apartments

Moreland Shakers Estates

2934-2938 S Moreland BlvdCleveland, OH 44120
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Weatherwood Estates
2 Bedroom Apartments

Weatherwood Estates

2880 S Moreland BlvdCleveland, OH 44120
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Oliver Manor
2 Bedroom Apartments

Oliver Manor

2653 N Moreland BlvdCleveland, OH 44120
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Ludlow Castle
Studio Apartments

Ludlow Castle

2825 S Moreland BlvdCleveland, OH 44120
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Plaza
2 Bedroom Apartments

Plaza

12485 Cedar RdCleveland, OH 44106

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.

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Ambassador
Studio to 2 Bedroom Apartments

Ambassador

13700 Fairhill RdShaker Heights, OH 44120
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Kemper Manor
1 to 2 Bedroom Apartments

Kemper Manor

2501 Kemper RdShaker Heights, OH 44120
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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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Hampton Court
1 Bedroom Apartments

Hampton Court

2851-2859 Hampton RdShaker Heights, OH 44120
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Shaker View
1 to 2 Bedroom Apartments

Shaker View

2566 Kemper RdShaker Heights, OH 44120
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Fairhill Place
1 to 2 Bedroom Apartments

Fairhill Place

13660 Fairhill RdShaker Heights, OH 44120
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The Alcazar
Studio to 1 Bedroom Apartments

The Alcazar

2450 Derbyshire RdCleveland Heights, OH 44106
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The Sheffield
1 to 2 Bedroom Apartments

The Sheffield

2630-2636 N Moreland BlvdShaker Heights, OH 44120
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Drexmore Mansion
1 to 3 Bedroom Apartments

Drexmore Mansion

2805 S Moreland BlvdShaker Heights, OH 44120
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The Woodlands
2 Bedroom Apartments

The Woodlands

14101 S WoodlandShaker Heights, OH 44120
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Colony Apartments
1 to 2 Bedroom Apartments

Colony Apartments

2809-2949 Van Aken BlvdShaker Heights, OH 44120
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Lucy Manor
2 Bedroom Apartments

Lucy Manor

2635 N Moreland BlvdShaker Heights, OH 44120
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Castle
2 Bedroom Apartments

Castle

12479 Cedar RdCleveland Heights, OH 44106

Shaker Lakes, Cleveland, OH Local Guide

Cheapest Available Shaker Lakes Apartments for Rent

 

The cheapest available apartment rental in the Shaker Lakes area of Cleveland, OH is a Studio unit found at Kemper House priced from $700. Van Aken Court has the second lowest priced unit, which is a Studio apartment currently listed from $755. Here are the most affordable Shaker Lakes apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Kemper HouseStudio: Experience the Charm at Kemper House - ...Studio,1BA$700
Van Aken CourtEfficienciesStudio,1BA$755
Shakertowne Apartments1bd/1bh1BR,1BA$800
Shaker House & Shaker Town House1 Bedroom 1 Bath Large1BR,1BA$840
Overlook Manor1 bed1BR,1BA$900
Shaker Park East Apartments1 Bedroom 1 Bath Large1BR,1BA$915
Cormere (IN-UNIT WASHER & DRYER)1 or 2 bed Unique Layouts1BR,1BA$950
Fairhill Gardens1 Bedroom1BR,1BA$950
Lakemore1 bedroom1BR,1BA$950

Best Value Apartments for Rent in Shaker Lakes, OH

As of May 15, 2025 the best value apartment in the Shaker Lakes area is the $0.74 price per square foot 1 or 2 bed Unique Layouts Model at Cormere (IN-UNIT WASHER & DRYER) in the in the Shaker Lakes neighborhood starting from $950. The second greatest value Shaker Lakes apartment is the 2256 Rexwood Rd Model at 2256 Rexwood Rd, Unit 2nd Floor starting at $1,325 with a $1.06 price per square foot in the Shaker Lakes neighborhood. Here is today’s list of the best values for Shaker Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cormere (IN-UNIT WASHER & DRYER)1 or 2 bed Unique Layouts1BR,1BA$0.74
2256 Rexwood Rd, Unit 2nd Floor2256 Rexwood Rd2BR,1BA$1.06
3134 Kensington Rd, Unit 23134 Kensington Rd2BR,1BA$1.07
3250 Clarendon Rd, Unit 2nd Floor3250 Clarendon Rd2BR,1BA$1.07
Empire PlaceStandard 2 Bedroom/2 Bathroom2BR,2BA$1.17
Monty2 Bed/ 1 Bath2BR,1BA$1.25
Bon Air Apartments2 Bedroom 1.5 Bathroom2BR,1.5BA$1.23
Overlook Manor2 bed2BR,1BA$1.25
2181 Rexwood Rd, Unit 32181 Rexwood Rd1BR,1BA$0.91
Shaker Park East Apartments1 Bedroom 1 Bath Large1BR,1BA$1.14

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Shaker Lakes, Cleveland, OH

Ranked #48

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 Shaker Lakes Apartments

What is a cheap apartment in Shaker Lakes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shaker Lakes is under $950.

What is the price of a cheap apartment in Shaker Lakes?

The cheapest apartment in Shaker Lakes is Shakertowne Apartments which is listed at $800, while the average apartment in Shaker Lakes costs $2,595.

What types of apartments are the cheapest in Shaker Lakes?

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 11 regular apartments in Shaker Lakes 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 Shaker Lakes?

Cheap apartments in Shaker Lakes have an average cost of $544 which is $2,051 cheaper than the average rent for all rentals in Shaker Lakes.

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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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.

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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.

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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.