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53 Apartments under 700 for rent in Lakewood, OH

Last updated December 16 at 5:28am UTC
West Shore Manor
12053 Lake Avenue
Lakewood, OH
Updated December 16 at 4:13am UTC
Studio
Ask
1 Bedroom
$595
2 Bedrooms
$795
Colonial Club
1446 Coutant Avenue
Lakewood, OH
Updated December 16 at 4:13am UTC
1 Bedroom
$625
2 Bedrooms
$725
Grace Apartments
1414 Grace Avenue
Lakewood, OH
Updated December 16 at 4:13am UTC
1 Bedroom
$670
1630 Hopkins Ave
Rockport Square
Lakewood, OH
Updated December 16 at 3:40am UTC
2 Bedrooms
$675
2054 Lark St.
Lakewood
Lakewood, OH
Updated December 16 at 3:40am UTC
3 Bedrooms
$575
1276 Cove Avenue
Rockport Square
Lakewood, OH
Updated December 16 at 4:55am UTC
1 Bedroom
$575
Results within 1 miles of Lakewood, OH
Lake West Apartments
10507 Lake Avenue
Cleveland, OH
Updated December 16 at 4:13am UTC
Studio
$595
1 Bedroom
$645
2 Bedrooms
Ask
1456 West 107th Street - 2
Edgewater
Cleveland, OH
Updated December 16 at 4:33am UTC
1 Bedroom
$570
Parkway Manor Apartments
10109 Lake Avenue
Cleveland, OH
Updated December 16 at 4:13am UTC
Studio
Ask
1 Bedroom
$650
2 Bedrooms
Ask
Results within 5 miles of Lakewood, OH
Hampton House Apartments
10017 Lake Ave
Cleveland, OH
Updated December 16 at 4:13am UTC
1 Bedroom
$545
2 Bedrooms
Ask
3430 W 50th St
Stockyards
Cleveland, OH
Updated December 16 at 3:40am UTC
2 Bedrooms
$575
2093 W 38th St.
Ohio City
Cleveland, OH
Updated December 16 at 3:40am UTC
2 Bedrooms
$685
3635 Bosworth Rd
West Boulevard
Cleveland, OH
Updated December 16 at 5:28am UTC
1 Bedroom
$550
1351 West 83rd St
Detroit - Shoreway
Cleveland, OH
Updated December 16 at 5:28am UTC
1 Bedroom
$625
1873 West 47th St
Detroit - Shoreway
Cleveland, OH
Updated December 16 at 5:28am UTC
1 Bedroom
$650
3588 West 66th St
Stockyards
Cleveland, OH
Updated December 16 at 5:28am UTC
3 Bedrooms
$650
7126 Camden (Up) Ave
Stockyards
Cleveland, OH
Updated December 16 at 5:28am UTC
2 Bedrooms
$575
3464 West 49
Stockyards
Cleveland, OH
Updated December 16 at 5:28am UTC
2 Bedrooms
$600
21970 River Oaks Dr
Rocky River
Rocky River, OH
Updated December 16 at 5:28am UTC
1 Bedroom
$625
4319 Newberry Dr
Old Brooklyn
Brooklyn, OH
Updated December 16 at 5:28am UTC
1 Bedroom
$625
21990 River Oaks Dr
Rocky River
Rocky River, OH
Updated December 16 at 5:28am UTC
1 Bedroom
$595
3057 w 104 up
Cudell
Cleveland, OH
Updated December 11 at 10:29am UTC
2 Bedrooms
$650

December 2018 Lakewood Rent Report

Welcome to the December 2018 Lakewood Rent Report. Lakewood rents increased 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

December 2018 Lakewood Rent Report

Welcome to the December 2018 Lakewood Rent Report. Lakewood rents increased 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 increased moderately over the past month

Lakewood rents have increased 0.3% over the past month, and have increased moderately by 2.2% in comparison to the same time last year. Currently, median rents in Lakewood stand at $670 for a one-bedroom apartment and $830 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Lakewood's year-over-year rent growth leads the state average of 0.7%, as well as the national average of 1.3%.

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, 6 of them have seen prices rise. The state as a whole logged rent growth of 0.7% 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 $1,130; of the 10 largest Ohio cities that we have data for, 4 have seen rents fall year-over-year, with Cleveland experiencing the fastest decline (-2.0%).
  • Fairfield, Lakewood, and Cincinnati have all experienced year-over-year growth above the state average (3.6%, 2.2%, and 1.2%, respectively).

Lakewood rents more affordable than many large cities nationwide

As rents have increased moderately in Lakewood, a few 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 1.3% over the past year compared to the 2.2% increase in Lakewood.
  • While Lakewood's rents rose moderately over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Lakewood than most large cities. For example, San Francisco has a median 2BR rent of $3,100, 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.