Cheap Homes for Rent in Elyria, OH from $700 (13 Rentals)

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 3827 Gary Ave

3827 Gary Ave

LorainOH44055

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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

Elyria, OH Local Guide

Cheapest Neighborhoods for Apartments in Elyria, OH

Pricing Updated: 05/01/2025

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

Best Value Apartments for Rent in Elyria, OH

As of May 01, 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$1.90
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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Frequently Asked Questions about Elyria

What type of rentals are currently available in Elyria?

There are currently 119 Apartments for Rent in Elyria, OH with pricing that ranges from $595 to $2,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elyria ranging from $750 to $4,995.

What is the current price range for Rental Homes in Elyria?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elyria ranges from $750 to $4,995 with an average monthly rent of $1,799.

How much are larger Three and Four Bedroom Rentals in Elyria?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elyria range from $850 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,225. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,960.

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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