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Apartments for Rent in Cleveland, OH under $500 – 3 Rentals available

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Cleveland, OH Demographics

  • Total Population387,398
  • Female 186,844
    Male 200,554
  • Median Age36

Average Rent in Cleveland, OH

  • Cleveland, OH Average Rental Price, February 2020 $1,123 /mo

    Cleveland, OH Apartment Rent Ranges

    • < $5002%
    • $501-$70023%
    • $701-$1,00032%
    • $1,001-$1,50022%
    • $1,501-$2,00015%
    • > $2,0007%

    Cleveland, OH Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Cleveland, OH $973 $989 $1,009 $1,023 $1,020 $1,053 $1,068 $1,076 $1,101 $1,098 $1,123
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
    /

    Check out the average rent prices in Cleveland by neighborhood.

    Cleveland, OH Households

    • Total Number of Households169,365
    • Family 82,312
      Non-family 87,053
    • Children 44,973
      No Children 124,392
    • Average People Per Household2.21
    • Median Household Income$29,008
    • Median Housing Costs Per Month$703

    Cleveland, OH Education Statistics

    • No High School5%
    • Some High School48%
    • Some College25%
    • Associate Degree6%
    • Bachelor Degree10%
    • Graduate Degree5%

    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, RENTCafé 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.

    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 $395 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.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!