
Cheap Homes for Rent in Downtown Lakewood Neighborhood of Lakewood, OH from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lakewood area of Lakewood.
Downtown Lakewood, Lakewood, OH Local Guide

How much does it cost to rent a home in Downtown Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Lakewood 2 Bedroom Homes for Rent | $1,577 | $1,175 | $2,100 |
Downtown Lakewood 3 Bedroom Homes for Rent | $1,750 | $1,700 | $1,800 |
Downtown Lakewood 4 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Downtown Lakewood Neighborhood of Lakewood, OH.
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Downtown Lakewood, Lakewood, OH Local Guide
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Best Value Apartments for Rent in Downtown Lakewood, OH
As of March 22, 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 1271 Donald Ave Model at 1271 Donald Ave, Unit 1271 Donald Avenue - Down starting at $1,550 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
15009 Hilliard Rd, Unit Lower | 15009 Hilliard Rd | 3BR,1BA | $1.42 |
1271 Donald Ave, Unit 1271 Donald Avenue - Down | 1271 Donald Ave | 2BR,1BA | $1.48 |
1609 Bunts Rd, Unit 1609 - Lower | 1609 Bunts Rd | 2BR,1BA | $1.37 |
1651 Victoria Ave, Unit 1 | 1651 Victoria Ave | 1BR,1BA | $1.30 |
Hilliard West | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
Lakewood Premier Apartments | 13386 Madison-1 | 1BR,1BA | $1.09 |
2275 Warren Rd | 1 Bed/1 Bath | 1BR,1BA | $1.53 |
Windsor's Lakewood Properties | Studio | Studio ,1BA | $1.17 |
Clarence House | 1 Bed | 1BR,1BA | $1.65 |
Colonial Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
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Frequently Asked Questions about Downtown Lakewood
What type of rentals are currently available in Downtown Lakewood?
There are currently 132 Apartments for Rent in Downtown Lakewood, OH with pricing that ranges from $700 to $4,529. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lakewood ranging from $797 to $2,595.
What is the current price range for Rental Homes in Downtown Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lakewood ranges from $797 to $2,595 with an average monthly rent of $1,730.
How much are larger Three and Four Bedroom Rentals in Downtown Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lakewood range from $1,550 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $1,800. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $1,400.
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.

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.

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.

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.