22 Apartments under 600 for rent in Lakewood, OH

Last updated August 16 at 6:08am UTC
Results within 1 miles of Lakewood, OH
3146 W 68th St.
Stockyards
Cleveland, OH
Updated August 15 at 11:17am UTC
Studio
$100
2624 Woodbridge Ave
Clark - Fulton
Cleveland, OH
Updated August 4 at 6:08pm UTC
3 Bedrooms
$595
3635 Bosworth Rd
West Boulevard
Cleveland, OH
Updated July 6 at 10:52pm UTC
1 Bedroom
$550
Results within 5 miles of Lakewood, OH
1132 E 66th Street, Up
Hough
Cleveland, OH
Updated August 15 at 11:21am UTC
2 Bedrooms
$525
4782 Broadview Rd
Old Brooklyn
Cleveland, OH
Updated August 15 at 6:43am UTC
1 Bedroom
$450
4714 Jewett Avenue
Industrial Valley
Cleveland, OH
Updated August 7 at 10:12am UTC
Studio
$100
2236 West 104th St
Cudell
Cleveland, OH
Updated July 4 at 2:27am UTC
2 Bedrooms
$585
3168 W. 86th St.
West Boulevard
Cleveland, OH
Updated August 14 at 9:53am UTC
Studio
$100
3251 W 58th St.
Stockyards
Cleveland, OH
Updated August 14 at 9:50am UTC
Studio
$100
11825 Longmead Ave
Puritas - Longmead
Cleveland, OH
Updated July 25 at 3:15am UTC
2 Bedrooms
$495
21990 River Oaks Dr
Rocky River
Rocky River, OH
Updated July 5 at 10:48pm UTC
1 Bedroom
$595
6603 Schaefer Avenue, Down
St. Clair - Superior
Cleveland, OH
Updated July 18 at 10:19am UTC
2 Bedrooms
$500
Results within 10 miles of Lakewood, OH
1456 W 107th St
Edgewater
Cleveland, OH
Updated August 16 at 1:18am UTC
1 Bedroom
$460
1383 W 114th St
Edgewater
Cleveland, OH
Updated August 12 at 5:20pm UTC
Studio
$495
13110 Carrington Ave
Puritas - Longmead
Cleveland, OH
Updated August 13 at 5:12pm UTC
1 Bedroom
$500
2813 Marvin Ave
Clark - Fulton
Cleveland, OH
Updated August 8 at 5:34pm UTC
2 Bedrooms
$500
6624 Collier Ave
South Broadway
Cleveland, OH
Updated August 14 at 9:13am UTC
2 Bedrooms
$599
6404 Carl Ave
St. Clair - Superior
Cleveland, OH
Updated August 12 at 5:21pm UTC
2 Bedrooms
$550
1220 W 6th St
Tremont
Cleveland, OH
Updated August 10 at 9:22am UTC
2 Bedrooms
$475
4149 E 71st St
South Broadway
Cleveland, OH
Updated July 4 at 9:16am UTC
1 Bedroom
$450
1383 W 114th St
Edgewater
Cleveland, OH
Updated August 5 at 9:26am UTC
1 Bedroom
$595

August 2018 Lakewood Rent Report

Welcome to the August 2018 Lakewood Rent Report. Lakewood rents remained steady over the past month. In this report, we'll evaluate trends in the Lakewood rental market, including comparisons to cities throughout the state and nation.

View full Lakewood Rent Report
Rent Report
Lakewood

August 2018 Lakewood Rent Report

Welcome to the August 2018 Lakewood Rent Report. Lakewood rents remained steady over the past month. In this report, we'll evaluate trends in the Lakewood rental market, including comparisons to cities throughout the state and nation.

Lakewood rents held steady over the past month

Lakewood rents have remained flat over the past month, however, they are up moderately by 2.4% year-over-year. Currently, median rents in Lakewood stand at $670 for a one-bedroom apartment and $830 for a two-bedroom. Lakewood's year-over-year rent growth leads the state average of 0.8%, as well as the national average of 1.2%.

Rents rising across cities in Ohio

Throughout the past year, rent increases have been occurring not just in the city of Lakewood, but across the entire state. Of the largest 10 cities that we have data for in Ohio, all of them have seen prices rise. The state as a whole logged rent growth of 0.8% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Dublin is the most expensive of all Ohio's major cities, with a median two-bedroom rent of $1,150; of the 10 largest Ohio cities that we have data for, all have seen rents rise year-over-year, with Fairfield experiencing the fastest growth (+3.0%).
  • Lakewood, Toledo, and Cincinnati have all experienced year-over-year growth above the state average (2.4%, 2.0%, and 1.1%, respectively).

Lakewood rents more affordable than many large cities nationwide

As rents have increased moderately in Lakewood, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Lakewood is still more affordable than most large cities across the country.

  • Lakewood's median two-bedroom rent of $830 is below the national average of $1,180. Nationwide, rents have grown by 1.2% over the past year compared to the 2.4% rise in Lakewood.
  • While Lakewood's rents rose moderately over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.4%).
  • Renters will find more reasonable prices in Lakewood than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in Lakewood.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.