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Apartments for Rent in Cleveland, OH under $500

Apartments for Rent in Cleveland, OH under $500. 9 Rentals Available
9 Rentals Available
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  • Studio $300+
    Base rent
    Verified Listing

    4.0 (30)
    12805 & 12931 Shaker Blvd., Cleveland, OH 44120
    Apply online • Cat friendly • Parking
  • Ask for pricing
    Verified Listing

    4.0 (11)
    1937 Prospect Avenue, Cleveland, OH 44115
    Pet friendly • Parking • In unit laundry
  • Ask for pricing
    Income restricted
    Verified Listing

    5700 Detroit Ave, Cleveland, OH 44102
    Pet friendly • In unit laundry • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    3.5 (1)
    6016 Lorain Avenue, Cleveland, OH 44102
    In unit laundry • Dishwasher • Large Closets
  • Ask for pricing
    Income restricted
    Verified Listing

    3256 West 25Th Street, Cleveland, OH 44109
    In unit laundry • Dishwasher • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    1389 W. 64Th St, Cleveland, OH 44102
    In unit laundry • Dishwasher • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    6010 Franklin Blvd, Cleveland, OH 44102
    In unit laundry • Air conditioner
  • Ask for pricing
    Income restricted
    Verified Listing

    8003 Detroit Ave, Cleveland, OH 44102
    Hardwood Floors
  • Ask for pricing
    Income restricted
    Verified Listing

    7001 Detroit Ave, Cleveland, OH 44102
    In unit laundry • Hardwood Floors
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Frequently asked questions

When were prices and availability in Cleveland, OH last updated?

Prices and availability in Cleveland, OH were last updated on 22 Jun 2026.

What are the best apartments in Cleveland, OH?
What type of rental buildings are in Cleveland, OH?

In Cleveland, 58% of the residents are renting compared to 42% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 23% of Cleveland's rentals, 52% are small-scale complexes with under 50 units, and 25% are single-family rentals.

Renting apartments in Cleveland, OH under $500

Searching for apartments for rent in Cleveland, OH under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Cleveland, OH, where the average rent is $483 per month, there are 9 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Cleveland, OH. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Cleveland, OH going for $300 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.