Cheap Apartments for Rent in Lima, OH from $400 (19 Rentals)

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Columbia Terrace
Studio to 2 Bedroom Apartments

Columbia Terrace

639 Columbia DrLima, OH 45805
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Country View
2 to 4 Bedroom Apartments

Country View

325 E 8th StLima, OH 45804
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The Charlestowne
1 to 2 Bedroom Apartments

The Charlestowne

2350 N Cole StLima, OH 45801
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Hampton Greene
1 to 2 Bedroom Apartments

Hampton Greene

400 S Mumaugh RdLima, OH 45804
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The Vineyards
1 to 3 Bedroom Apartments

The Vineyards

2370 N Cole StLima, OH 45801
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Andover Court
Studio to 2 Bedroom Apartments

Andover Court

1050 Mackenzie DrLima, OH 45805
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Richelieu Apartments
1 to 2 Bedroom Apartments

Richelieu Apartments

1475 Edgewood DrLima, OH 45805
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Kimberly Apartments
2 Bedroom Apartments

Kimberly Apartments

2300 Kimberly DrLima, OH 45805
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Waterford Townhomes
2 to 3 Bedroom Apartments

Waterford Townhomes

524 Hope StLima, OH 45804
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Shawnee Terrace Arms
Studio to 2 Bedroom Apartments

Shawnee Terrace Arms

1720-1722 Shawnee RdLima, OH 45805
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Wilshire Place
2 to 3 Bedroom Apartments

Wilshire Place

1500 Deerfield DrLima, OH 45805
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The Moreland Manor
Studio to 1 Bedroom Apartments

The Moreland Manor

319 W North StLima, OH 45801
Utilities inc.

Lima, OH Local Guide

Cheapest Available Lima Apartments for Rent

 

The cheapest available apartment rental in Lima, OH is a 1 Bed unit found at Mt. Vernon Village priced from $700. 43 Town Square has the second lowest priced unit, which is a 2 Beds apartment currently listed from $910. Here is today’s list of the most affordable Lima apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mt. Vernon Village1 Bedroom 1 Bathroom1BR,1BA$700
43 Town Square2 Bedroom2BR,1BA$910
Northlake Village Apartments2 Bed 1 Bath2BR,1BA$1,169
2563 W Market StMarket St.2BR,1BA$1,200
Metro CenterSingle1BR,1BA$1,300

Best Value Apartments for Rent in Lima, OH

As of February 26, 2025 the best value apartment in the Lima area is the $1.00 price per square foot Market St. Model at 2563 W Market St in the starting from $1,200. The second greatest value Lima apartment is the 3 Bed 1.5 Bath Model at Northlake Village Apartments starting at $1,349 with a $1.19 price per square foot . Here is today’s list of the best values for Lima apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2563 W Market StMarket St.2BR,1BA$1.00
Northlake Village Apartments3 Bed 1.5 Bath3BR,1.5BA$1.19
655 W Spring StTwo Bedroom2BR,1.5BA$1.33
338 S Pierce St, Unit 338 S Pierce St338 S Pierce St3BR,1BA$0.88
43 Town Square2 Bedroom2BR,1BA$0.90
The Annex of Lima2 Bed 2 Bath2BR,2BA$0.41
730 N Charles St, Unit 730 North Charles St730 N Charles St2BR,1BA$0.75
Emma Parkway TownhomesEmma Parkway2BR,1BA$1.66
Metro CenterSingle1BR,1BA$1.67
Mt. Vernon Village1 Bedroom 1 Bathroom1BR,1BA$1.17

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

Explore Lima, OH Rentals by Map

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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

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 $790 at Mt. Vernon Village.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.