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62 Apartments under 700 for rent in Lakewood, OH

Last updated October 16 at 5:44pm UTC
12520 Edgewater Dr
Gold Coast
Lakewood, OH
Updated October 12 at 2:34am UTC
1 Bedroom
$650
12015 Clifton Blvd
Rockport Square
Lakewood, OH
Updated October 9 at 6:12pm UTC
1 Bedroom
$625
17920 Detroit Ave
West End
Lakewood, OH
Updated August 24 at 2:43am UTC
1 Bedroom
$650
Results within 1 miles of Lakewood, OH
1456 W 107th St
Edgewater
Cleveland, OH
Updated October 16 at 5:32pm UTC
1 Bedroom
$570
1512 West 116th St
Edgewater
Cleveland, OH
Updated October 5 at 10:57pm UTC
2 Bedrooms
$675
1458 W 114th St
Edgewater
Cleveland, OH
Updated September 28 at 6:36pm UTC
1 Bedroom
$595
12054 Geraldine Ave
Jefferson
Cleveland, OH
Updated September 15 at 9:38am UTC
1 Bedroom
$595
2236 West 104th St
Cudell
Cleveland, OH
Updated September 1 at 10:37am UTC
2 Bedrooms
$585
1383 W 114th St
Edgewater
Cleveland, OH
Updated August 24 at 2:42am UTC
1 Bedroom
$595
1383 W 114th St
Edgewater
Cleveland, OH
Updated August 24 at 2:42am UTC
Studio
$495
Results within 5 miles of Lakewood, OH
4183 W 130th St
Puritas - Longmead
Cleveland, OH
Updated October 16 at 5:44pm UTC
1 Bedroom
$450
3455 W 100th St
West Boulevard
Cleveland, OH
Updated October 16 at 5:43pm UTC
2 Bedrooms
$625
13240 Wainfleet Ave
Puritas - Longmead
Cleveland, OH
Updated October 16 at 5:43pm UTC
1 Bedroom
$575
3452 Bosworth Rd
West Boulevard
Cleveland, OH
Updated October 16 at 5:43pm UTC
3 Bedrooms
$670
1358 W 91st St
Edgewater
Cleveland, OH
Updated October 16 at 5:39pm UTC
2 Bedrooms
$575
4400 Rocky River Dr
Kamm's Corners
Cleveland, OH
Updated October 16 at 5:30pm UTC
1 Bedroom
$615
3251 W 58th St.
Stockyards
Cleveland, OH
Updated October 12 at 1:14pm UTC
Studio
$100
3408 Paris Ave
Clark - Fulton
Cleveland, OH
Updated October 9 at 6:02pm UTC
2 Bedrooms
$525
10411 Jasper Ave
West Boulevard
Cleveland, OH
Updated October 9 at 6:02pm UTC
2 Bedrooms
$625
4000 Bush Ave
Clark - Fulton
Cleveland, OH
Updated October 9 at 6:05pm UTC
2 Bedrooms
$475
3452 Bosworth Rd
West Boulevard
Cleveland, OH
Updated October 9 at 6:05pm UTC
2 Bedrooms
$675

October 2018 Lakewood Rent Report

Welcome to the October 2018 Lakewood Rent Report. Lakewood rents declined 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

October 2018 Lakewood Rent Report

Welcome to the October 2018 Lakewood Rent Report. Lakewood rents declined 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 declined significantly over the past month

Lakewood rents have declined 0.4% over the past month, but have increased slightly by 1.3% in comparison to the same time last year. Currently, median rents in Lakewood stand at $660 for a one-bedroom apartment and $830 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in June. Lakewood's year-over-year rent growth leads the state average of 0.5%, as well as the national average of 0.9%.

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, 8 of them have seen prices rise. The state as a whole logged rent growth of 0.5% 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 cities in Ohio that we have data for, Dublin and Hamilton, where two-bedrooms go for $1,130 and $860, are the only two major cities in the state to see rents fall year-over-year (-1.4% and -0.4%).
  • Fairfield, Cleveland, and Lakewood have all experienced year-over-year growth above the state average (4.0%, 1.5%, and 1.3%, respectively).

Lakewood rents more affordable than many large cities nationwide

As rents have increased slightly in Lakewood, a few large cities nationwide have seen rents grow more quickly. 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 0.9% over the past year compared to the 1.3% increase in Lakewood.
  • While Lakewood's rents rose slightly over the past year, the city of Seattle saw a decrease of 1.6%.
  • Renters will find more reasonable prices in Lakewood than most large cities. For example, San Francisco has a median 2BR rent of $3,110, 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.