
Cheap Apartments for Rent in the Lake Avenue Neighborhood of Lakewood, OH from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Avenue area of Lakewood.


Colonial Club Apartments

Clarence House

Elbur Avenue

1609 Lakewood Ave

15922 Lake Ave

Parkside
Lake Avenue, Lakewood, OH Local Guide

How much does it cost to rent an apartment in Lake Avenue?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Avenue Studio Apartments | $1,063 | $765 | $1,295 |
Lake Avenue 1 Bedroom Apartments | $1,090 | $800 | $2,000 |
Lake Avenue 2 Bedroom Apartments | $1,649 | $940 | $3,726 |
Lake Avenue 3 Bedroom Apartments | $1,584 | $1,250 | $1,850 |
Lake Avenue 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Lake Avenue Neighborhood of Lakewood, OH.
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Lake Avenue, Lakewood, OH Local Guide
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Cheapest Available Lake Avenue Apartments for Rent
 The cheapest available apartment rental in the Lake Avenue area of Cleveland, OH is a Studio unit found at Highland House & Lakewood Area Apartments priced from $765. Clifton Cove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Lake Avenue apartments for rent in Cleveland, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Highland House & Lakewood Area Apartments | EH Efficiency | Studio,1BA | $765 |
Clifton Cove | One bedroom | 1BR,1BA | $800 |
1Oak | 0A | Studio,1BA | $800 |
Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
Clarence House | 1 Bed | 1BR,1BA | $850 |
Best Value Apartments for Rent in Lake Avenue, OH
As of March 09, 2025 the best value apartment in the Lake Avenue area is the $1.04 price per square foot 12905 Arliss Dr Model at 12905 Arliss Dr, Unit UP in the in the Lake Avenue neighborhood starting from $1,350. The second greatest value Lake Avenue apartment is the 15009 Hilliard Rd Model at 15009 Hilliard Rd, Unit Lower starting at $1,850 with a $1.42 price per square foot in the Downtown Lakewood neighborhood. Here is today’s list of the best values for Lake Avenue apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
12905 Arliss Dr, Unit UP | 12905 Arliss Dr | 2BR,1BA | $1.04 |
15009 Hilliard Rd, Unit Lower | 15009 Hilliard Rd | 3BR,1BA | $1.42 |
1193 Ethel Ave, Unit Down | 1193 Ethel Ave | 3BR,1BA | $1.40 |
1609 Bunts Rd, Unit 1609 - Lower | 1609 Bunts Rd | 2BR,1BA | $1.37 |
1435 Alameda Ave, Unit UP | 1435 Alameda Ave | 2BR,1BA | $1.13 |
1651 Victoria Ave, Unit 1 | 1651 Victoria Ave | 1BR,1BA | $1.30 |
Hilliard West | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.67 |
Clifton Cove | One bedroom | 1BR,1BA | $1.30 |
1Oak | 0A | Studio ,1BA | $1.33 |
Clarence House | 1 Bed | 1BR,1BA | $1.65 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Avenue, Lakewood, OH
Ranked #9
Among neighborhoods in Lakewood, OH for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Avenue, Lakewood, OH
School data provided by Great Schools
Best Local Schools in Lake Avenue, Lakewood, OH
School data provided by Great Schools
Lifestyle Ratings
Our team compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Avenue, Lakewood, and the greater Cleveland area. Lifestyle Ratings show you the best fit for your needs and interests. 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, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lake Avenue Apartments
What is the Cheapest Studio apartment in Lake Avenue?
Currently the most affordable Cheap Studio Apartment in Lake Avenue is at Highland House & Lakewood Area Apartments listed at $765.
How much is rent for a Cheap One Bedroom Lake Avenue Apartment?
The lowest price for a Cheap One Bedroom Lake Avenue Apartment is $800 at Clifton Cove.
What is the lowest price for a Cheap Two Bedroom Lake Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Avenue is starting from $950 at Clarence House.
What is the most affordable Lake Avenue Three Bedroom Apartment?
The best deal on a cheap Lake Avenue 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.

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.