Cheap Apartments for Rent in the University Park Neighborhood of Dayton, OH from $700 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Park area of Dayton.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 227 James St

227 James St

DaytonOH45410

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University Park, Dayton, OH Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Dayton, OH is a 1 Bed unit found at Riverstone Apartments priced from $745. Medford Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here are the most affordable University Park apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Riverstone Apartments1 BD Standard1BR,1BA$745
Medford Apartments2 Bedroom2BR,1BA$800
The View at Dayton TowersThe JonesStudio,1BA$1,000
The 503The MaxwellStudio,1BA$1,105
St. Clair LoftsPatterson1BR,1BA$1,177

Best Value Apartments for Rent in University Park, OH

As of May 11, 2025 the best value apartment in the University Park area is the $0.58 price per square foot 4 Bed / 4 Bath Model at The Flight in the in the Patterson Park neighborhood starting from $960. The second greatest value University Park apartment is the 704S Model at 704 E Stewart St starting at $675 with a $0.56 price per square foot in the McPherson neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Flight4 Bed / 4 Bath4BR,4BA$0.58
704 E Stewart St704S1BR,1BA$0.56
Centerfield FlatsThe Phillips2BR,2BA$1.65
The Flats at South ParkBradley II2BR,2BA$1.79
MonumentLowe2BR,1BA$1.73
Medford Apartments2 Bedroom2BR,1BA$1.00
Water Street ApartmentsArmstrong1BR,1BA$1.79
Riverstone Apartments1 BD Premium1BR,1BA$1.22
St. Clair LoftsPatterson1BR,1BA$1.87
The View at Dayton TowersThe JonesStudio ,1BA$1.87

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
University Park, Dayton, OH

Ranked #59

Among neighborhoods in Dayton, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the University Park Neighborhood in Dayton, OH

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

69 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,538.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is Riverstone Apartments which is listed at $745, while the average apartment in University Park costs $2,363.

What types of apartments are the cheapest in University Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in University Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University Park?

Cheap apartments in University Park have an average cost of $1,178 which is $1,185 cheaper than the average rent for all rentals in University Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.