Cheap Apartments for Rent in the Downtown Lakewood Neighborhood of Lakewood, OH from $500 (26 Rentals)

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

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South Westerly
Studio to 2 Bedroom Apartments

South Westerly

14401 Detroit AveLakewood, OH 44107
Senior Living
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1419 Roycroft Ave
1 Bedroom Apartments

1419 Roycroft Ave

1419 Roycroft AveLakewood, OH 44107
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14999 Madison Ave
1 Bedroom Apartments

14999 Madison Ave

14999 Madison AveLakewood, OH 44107
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Grace Apartments
1 Bedroom Apartments

Grace Apartments

1414 Grace AveLakewood, OH 44107
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Waterbury Apartments
1 to 2 Bedroom Apartments

Waterbury Apartments

1421-1425 Waterbury RdLakewood, OH 44107
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15121 Clifton Blvd
1 to 2 Bedroom Apartments

15121 Clifton Blvd

15121 Clifton BlvdLakewood, OH 44107
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Parkway Arms Apartment
1 to 2 Bedroom Apartments

Parkway Arms Apartment

13509-13511 Detroit AveLakewood, OH 44107
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Wingate Apartments
1 to 2 Bedroom Apartments

Wingate Apartments

15115-15119 Lake AveLakewood, OH 44107
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Sheffield Apartments
1 to 2 Bedroom Apartments

Sheffield Apartments

15325 Lake AveLakewood, OH 44107
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Roycroft Pointe
1 Bedroom Apartments

Roycroft Pointe

1411 Roycroft AveLakewood, OH 44107
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Delta Lakewood
1 to 2 Bedroom Apartments

Delta Lakewood

14555 Madison AveLakewood, OH 44107
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Clifton Towers
1 Bedroom Apartments

Clifton Towers

12933 Clifton BlvdLakewood, OH 44107
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Downtown Lakewood, Lakewood, OH Local Guide

Cheapest Available Downtown Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lakewood area of Cleveland, OH is a Studio unit found at 2275 Warren Rd priced from $750. Highland House & Lakewood Area Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here are the most affordable Downtown Lakewood apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
2275 Warren RdStudioStudio,1BA$750
Highland House & Lakewood Area ApartmentsEH EfficiencyStudio,1BA$765
1Oak0AStudio,1BA$800
Colonial Club Apartments1 Bedroom 1 Bathroom1BR,1BA$840
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$850
Clarence House1 Bed1BR,1BA$850
Lakewood Premier Apartments2011 Lakeland2BR,1BA$925
Shoreham Apartments0E1 - Efficiency, 1 BathStudio,1BA$1,025
Center NorthUnit G1BR,1BA$1,050

Best Value Apartments for Rent in Downtown Lakewood, OH

As of March 01, 2025 the best value apartment in the Downtown Lakewood area is the $1.42 price per square foot 15009 Hilliard Rd Model at 15009 Hilliard Rd, Unit Lower in the in the Downtown Lakewood neighborhood starting from $1,850. The second greatest value Downtown Lakewood apartment is the 3 Series Model at 12000 Edgewater starting at $1,700 with a $1.54 price per square foot in the Downtown Lakewood neighborhood. Here is today’s list of the best values for Downtown Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15009 Hilliard Rd, Unit Lower15009 Hilliard Rd3BR,1BA$1.42
12000 Edgewater3 Series2BR,2BA$1.54
1673 Victoria Ave, Unit 11673 Victoria Ave2BR,1BA$1.23
1609 Bunts Rd, Unit 1609 - Lower1609 Bunts Rd2BR,1BA$1.37
Castlewood ApartmentsAshby2BR,1BA$1.60
1651 Victoria Ave, Unit 11651 Victoria Ave1BR,1BA$1.30
2027 Richland Ave, Unit #32027 Richland Ave2BR,1BA$1.24
Lakewood Premier Apartments2011 Lakeland2BR,1BA$1.16
1Oak0AStudio ,1BA$1.33
2275 Warren Rd1 Bed/1 Bath1BR,1BA$1.53

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Pet Friendly Lifestyle
Downtown Lakewood, Lakewood, OH

Ranked #9

Among neighborhoods in Lakewood, 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 Lakewood Apartments

What is the Cheapest Studio apartment in Downtown Lakewood?

Currently the most affordable Cheap Studio Apartment in Downtown Lakewood is at 2275 Warren Rd listed at $750.

How much is rent for a Cheap One Bedroom Downtown Lakewood Apartment?

The lowest price for a Cheap One Bedroom Downtown Lakewood Apartment is $825 at Highland House & Lakewood Area Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Lakewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lakewood is starting from $925 at Lakewood Premier Apartments.

What is the most affordable Downtown Lakewood Three Bedroom Apartment?

The best deal on a cheap Downtown Lakewood Three Bedroom Apartment rental is at 1Oak and starts from $1,250.

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.

decorative image for A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.