1415 Wyandotte Ave
LakewoodOH44107
Cheap Apartments for Rent in the Lake Avenue Neighborhood of Lakewood, OH from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Avenue area of Lakewood.
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$850 - $9951 to 2 Bedroom Apartments Available Now
Clarence House
1380-1384 Clarence AveLakewood, OH 44107
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Rent Specials
$850 - $8951 Bedroom Apartments Available Now
Elbur Avenue
13542-13608 Detroit AveLakewood, OH 44107
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$925 - $1,0501 to 2 Bedroom Apartments Available Now
Parkway Arms Apartment
13509-13511 Detroit AveLakewood, OH 44107
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-15, Page 1 of 1
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 1 Bedroom Apartments | $1,192 | $725 | $2,000 |
| Lake Avenue 2 Bedroom Apartments | $1,469 | $950 | $2,200 |
| Lake Avenue 3 Bedroom Apartments | $1,650 | $1,500 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 15 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
- Nearby Lakewood neighborhoods
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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 1 Bed unit found at Elbur Avenue priced from $850. Clarence House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lake Avenue apartments for rent in Cleveland, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Clarence House | 1 Bed | 1BR,1BA | $850 |
| Parkside | 1 Bed/1 Bath | 1BR,1BA | $925 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1,025 |
| Center North | Unit G | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Lake Avenue, OH
As of December 22, 2025 the best value apartment in the Lake Avenue area is the $1.47 price per square foot 101 - 1 Bdrm, 1 Bath Model at Marine Towers West in the in the Lake Avenue neighborhood starting from $1,400. The second greatest value Lake Avenue apartment is the 2 bed / 1 bath Model at Parkway Arms Apartment starting at $1,025 with a $1.32 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. |
|---|---|---|---|
| Marine Towers West | 101 - 1 Bdrm, 1 Bath | 1BR,1BA | $1.47 |
| Parkway Arms Apartment | 2 bed / 1 bath | 2BR,1BA | $1.32 |
| Shady Cove Apartments | 1 Bed / 1 Bath HT | 1BR,1BA | $1.68 |
| Parkside | 1 Bed/1 Bath | 1BR,1BA | $1.42 |
| The Lewis | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
| Center North | Unit G | 1BR,1BA | $1.94 |
| Clarence House | 1 Bed | 1BR,1BA | $1.65 |
| Elbur Avenue | 1 Bedroom 1 Bath | 1BR,1BA | $1.70 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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.
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Pet Friendly LifestyleLake Avenue, Lakewood, OH
Ranked #9
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 price of a cheap apartment in Lake Avenue?
The cheapest apartment in Lake Avenue is Elbur Avenue which is listed at $850, while the average apartment in Lake Avenue costs $1,650.
What types of apartments are the cheapest in Lake Avenue?
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 Lake Avenue that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
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.
Helpful Local Expert Guides
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.
Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Written by: Sandy Baker
Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .
Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Written by: Sandy Baker
If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.