Apartments for Rent in Lakewood, OH

Prices and availability in Lakewood, OH were last updated on 24 Aug 2026.

The best apartments in Lakewood, OH are: Castlewood Apartments, Heyse Apartments, Guernsey Apartments, Colonial Club Apartments and West Shore Manor.

The average rent in Lakewood, OH is $1,187.

The price range for a studio apartment in Lakewood, OH is between $755 and $1,330.

The price range for a 1-bedroom apartment in Lakewood, OH is between $830 and $2,210.

The price range for a 2-bedroom apartment in Lakewood, OH is between $830 and $2,653.

The price range for a 3-bedroom apartment in Lakewood, OH is between $1,359 and $1,864.

In Lakewood, 56% of the residents are renting compared to 44% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 22% of Lakewood's rentals, 71% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lakewood are about 58 years old, on average. Of these, 9% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 8 stories. About 29% of the rental communities here are low-rise, garden-style communities, 35% are mid-rises, and 42% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Lakewood come in a range of sizes and floorplans. Studio apartments represent 10% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 51% of the total apartments in the city, while 2-bedroom floorplans represent around 37% of all rentals in Lakewood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.