Cheap Apartments for Rent in Elyria, OH from $400 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elyria.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Southwyck Manor
1 to 2 Bedroom Apartments

Southwyck Manor

1442-1454 W River Rd NElyria, OH 44035
  • Utilities Included
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The Floridian
1 to 2 Bedroom Apartments

The Floridian

127 Fox Hill LnElyria, OH 44035
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Foxes' Lair Apartments
Studio to 2 Bedroom Apartments

Foxes' Lair Apartments

2280 W River Rd NElyria, OH 44035
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Colony
2 Bedroom Apartments

Colony

275 Harrison StElyria, OH 44035
Senior Living

Cleveland's Best Affordable Neighborhoods

Learn about Cleveland and the best places to live with original content written by our Cleveland, OH Local Expert Sandy Baker

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249 8th St
1 to 3 Bedroom Apartments

249 8th St

249 8th StElyria, OH 44035
  • Smoke Free
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Lorain Studio Suites
Studio Apartments

Lorain Studio Suites

1825 Lorain BlvdElyria, OH 44035
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Pikewood Manor
2 to 3 Bedroom Apartments

Pikewood Manor

1780 Lorain BlvdElyria, OH 44035
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Colonial Oaks
3 Bedroom Apartments

Colonial Oaks

10425 Middle AveElyria, OH 44035

Elyria, OH Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Elyria, OH

Pricing Updated: 04/26/2025

Current apartment rentals in the Elyria, OH area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elyria Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Elyria$1,182$5959

Cheapest Available Elyria Apartments for Rent

 

The cheapest available apartment rental in Elyria, OH is a 1 Bed unit found at Oakwood Park Apartments in the North Elyria neighborhood priced from $675. Arbor Grove Lorain in the Larkmoor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Elyria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$675
Arbor Grove LorainStudioStudio,1BA$700
Hampshire I Apartments1Bd1Ba1BR,1BA$775
Rosewood Park Apartments2 Bedroom 1 Bath2BR,1BA$900
Hunters Crossing ApartmentsTwo Bedroom with Private Entry2BR,2BA$1,445
Waterford Luxury Apartments & VillasThe Upper2BR,2BA$1,600
Redwood AmherstDogwood1BR,1BA$1,799
The Preserve at French CreekThe Willow2BR,2BA$2,125

Best Value Apartments for Rent in Elyria, OH

As of April 26, 2025 the best value apartment in the Elyria area is the $1.32 price per square foot The Willow Model at The Preserve at French Creek in the in the Bentley Park neighborhood starting from $2,125. The second greatest value Elyria apartment is the Villa Model at Waterford Luxury Apartments & Villas starting at $2,100 with a $1.31 price per square foot in the Bentley Park neighborhood. Here is today’s list of the best values for Elyria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at French CreekThe Willow2BR,2BA$1.32
Waterford Luxury Apartments & VillasVilla2BR,2BA$1.31
Hunters Crossing ApartmentsTwo Bedroom with Private Entry2BR,2BA$1.27
Redwood AmherstDogwood1BR,1BA$2.01
Hampshire I Apartments1Bd1Ba1BR,1BA$1.35
Rosewood Park Apartments2 Bedroom 1 Bath2BR,1BA$1.61
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$1.23
Arbor Grove LorainStudioStudio ,1BA$1.65

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Elyria Overview

It may have an unusual name, but once you learn how to pronounce it, chances are high that you'll fall in love with the lifestyle you can have in this small city close to Cleveland. With a unique history and a bright future, Elyria has grown to maturity by preserving the best of its past and retaining some of the character of its founder, who had a vision that included building homes that would be appreciated by early settlers. Today, the city still exists with that goal -- to treat its residents to a life that has a lot to offer on many different levels!

Why live in Elyria, OH?

 The cost of housing is low compared to the rest of the country, with the median home price 54% below the national average at $107,600, and a median rent of $740, 36% below the national average. The overall cost of living is 14% below the national average, and Elyria has a diverse population, a relatively high job availability rate, short commutes, plenty of recreational opportunities, and abundant amenities. 

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elyria, OH Rentals by Map

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Getting Around Elyria, OH

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Elyria Apartments

How much is rent for a Cheap One Bedroom Elyria Apartment?

The lowest price for a Cheap One Bedroom Elyria Apartment is $675 at Oakwood Park Apartments.

What is the lowest price for a Cheap Two Bedroom Elyria Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elyria is starting from $745 at Oakwood Park Apartments.

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.

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A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sandy Baker

Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

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

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.