80 Apartments under 800 for rent in Lakewood, OH

Last updated August 17 at 10:24pm UTC
1586 Coutant Ave, UP
The Edge
Lakewood, OH
Updated August 15 at 11:13am UTC
3 Bedrooms
$695
1512 West 116th St
Edgewater
Cleveland, OH
Updated August 17 at 10:24pm UTC
2 Bedrooms
$697
2236 West 104th St
Cudell
Cleveland, OH
Updated July 4 at 2:27am UTC
2 Bedrooms
$585
22098 River Oaks Dr
Rocky River
Rocky River, OH
Updated August 17 at 2:19pm UTC
1 Bedroom
$675
Results within 1 miles of Lakewood, OH
22134 River Oaks Dr
Rocky River
Rocky River, OH
Updated August 17 at 2:19pm UTC
2 Bedrooms
$725
21970 River Oaks Dr
Rocky River
Rocky River, OH
Updated August 17 at 2:19pm UTC
1 Bedroom
$625
11720 EDGEWATER DRIVE #313
Gold Coast
Lakewood, OH
Updated August 17 at 9:43am UTC
1 Bedroom
$625
1471 Ridgewood Ave
Rockport Square
Lakewood, OH
Updated August 15 at 5:24pm UTC
2 Bedrooms
$799
2040 Halstead Ave
Lakewood
Lakewood, OH
Updated July 31 at 5:28pm UTC
2 Bedrooms
$675
17920 Detroit Ave
West End
Lakewood, OH
Updated July 20 at 1:19am UTC
1 Bedroom
$650
17920 Detroit Ave
West End
Lakewood, OH
Updated July 3 at 7:25pm UTC
2 Bedrooms
$765
1456 W 107th St
Edgewater
Cleveland, OH
Updated August 17 at 5:19pm UTC
1 Bedroom
$550
Results within 5 miles of Lakewood, OH
1383 W 114th St
Edgewater
Cleveland, OH
Updated August 17 at 5:16pm UTC
Studio
$495
1458 W 114th St
Edgewater
Cleveland, OH
Updated August 5 at 9:26am UTC
1 Bedroom
$625
1383 W 114th St
Edgewater
Cleveland, OH
Updated August 5 at 9:26am UTC
1 Bedroom
$595
1458 W 114th St
Edgewater
Cleveland, OH
Updated July 21 at 5:11pm UTC
2 Bedrooms
$725
2072 W 95th St
Cudell
Cleveland, OH
Updated August 17 at 5:20pm UTC
2 Bedrooms
$695
4400 Rocky River Dr
Kamm's Corners
Cleveland, OH
Updated August 17 at 5:18pm UTC
1 Bedroom
$615
6804 W Clinton Ave
Detroit - Shoreway
Cleveland, OH
Updated August 17 at 5:16pm UTC
Studio
$525

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.