Cheap Homes for Rent in Lake Avenue Neighborhood of Lakewood, OH from $700 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lake Avenue area of Lakewood.

property at 12700 Lake Ave

12700 Lake Ave

LakewoodOH44107

Lake Avenue, Lakewood, OH Local Guide

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 Windsor's Lakewood Properties priced from $700. 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 Lake Avenue apartments for rent in Cleveland, OH:

Apartment ListingModel NameBed/BathPriced From
Windsor's Lakewood PropertiesStudioStudio,1BA$700
Highland House & Lakewood Area ApartmentsEH EfficiencyStudio,1BA$765
Clifton CoveOne bedroom1BR,1BA$800

Best Value Apartments for Rent in Lake Avenue, OH

As of March 28, 2025 the best value apartment in the Lake Avenue 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 Lake Avenue apartment is the 1609 Bunts Rd Model at 1609 Bunts Rd, Unit 1609 - Lower starting at $1,425 with a $1.37 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 ListingModel NameBed/BathPrice Per Sq.Ft.
15009 Hilliard Rd, Unit Lower15009 Hilliard Rd3BR,1BA$1.42
1609 Bunts Rd, Unit 1609 - Lower1609 Bunts Rd2BR,1BA$1.37
1651 Victoria Ave, Unit 11651 Victoria Ave1BR,1BA$1.30
Hilliard West1 Bedroom 1 Bathroom1BR,1BA$1.67
Shady Cove1 Bed 1 Bath1BR,1BA$1.68
Clifton CoveOne bedroom1BR,1BA$1.30
Windsor's Lakewood PropertiesStudioStudio ,1BA$1.17
Clarence House1 Bed1BR,1BA$1.65
Colonial Club Apartments1 Bedroom 1 Bathroom1BR,1BA$1.67
Elbur Avenue1 Bedroom 1 Bath1BR,1BA$1.70

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Frequently Asked Questions about Lake Avenue

What type of rentals are currently available in Lake Avenue?

There are currently 104 Apartments for Rent in Lake Avenue, OH with pricing that ranges from $700 to $4,745. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Avenue ranging from $797 to $2,395.

What is the current price range for Rental Homes in Lake Avenue?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Avenue ranges from $797 to $2,395 with an average monthly rent of $1,770.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.