
Cheap Apartments for Rent in Lima, OH from $400 (28 Rentals)
Cheap Apartments in Lima.


1133 simon Ave

2341 Garden Blvd, Unit Room4

215-217 W Murphy St

931 1/2-931 1/2 W Wayne St

730 N Charles St, Unit 724NorthCharlesSt

Willow Lake

306 N Woodlawn Ave
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.
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.

830 N Main St

205 W Findlay St

705 E Water St
Lima, OH Local Guide

How much does it cost to rent an apartment in Lima?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lima 1 Bedroom Apartments | $866 | $425 | $1,595 |
Cheap Lima 2 Bedroom Apartments | $1,209 | $410 | $2,400 |
Cheap Lima 3 Bedroom Apartments | $1,153 | $479 | $2,000 |
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Lima, OH Local Guide
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Cheapest Available Lima Apartments for Rent
The cheapest available apartment rental in Lima, OH is a 2 Beds unit found at 43 Town Square priced from $595. Mt. Vernon Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Lima apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
43 Town Square | 2 Bedroom | 2BR,1BA | $595 |
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $700 |
2563 W Market St | Market St. | 2BR,1BA | $1,200 |
Metro Center | Single | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Lima, OH
As of May 03, 2025 the best value apartment in the Lima area is the $0.74 price per square foot 3 Bedroom Model at 43 Town Square in the starting from $1,041. The second greatest value Lima apartment is the Market St. Model at 2563 W Market St starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Lima apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
43 Town Square | 3 Bedroom | 3BR,2BA | $0.74 |
2563 W Market St | Market St. | 2BR,1BA | $1.00 |
1017 Symphony St, Unit A | 1017 Symphony St | 2BR,1.5BA | $1.25 |
730 N Charles St, Unit 724NorthCharlesSt | 730 N Charles St | 2BR,1BA | $0.75 |
The Annex of Lima | 2 Bed 2 Bath | 2BR,2BA | $0.41 |
1699 Edgewood Dr | 1699 Edgewood Dr | 2BR,1BA | $1.50 |
1387 N Cole St, Unit # 1 | 1387 N Cole St | 1BR,1BA | $0.95 |
1387 N Cole St, Unit #3 | 1387 N Cole St | 1BR,1BA | $0.98 |
1387 N Cole St, Unit # 1 and 3 | 1387 N Cole St | 1BR,1BA | $1.03 |
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
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Best Local Schools in Lima, OH
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Getting Around Lima, OH
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
10 / 100
Minimal Transit
It may be possible to get on a bus
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 Lima Apartments
How much is rent for a Cheap One Bedroom Lima Apartment?
The lowest price for a Cheap One Bedroom Lima Apartment is $700 at Mt. Vernon Village.
What is the lowest price for a Cheap Two Bedroom Lima Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lima is starting from $595 at 43 Town Square.
What is the most affordable Lima Three Bedroom Apartment?
The best deal on a cheap Lima Three Bedroom Apartment rental is at Mt. Vernon Village and starts from $1,000.
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.

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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.