
Cheap Homes for Rent in Lima, OH from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.


326 Lynn St

316 N Downing St

210 E Main St

414 E Ash St

615 N Main St

209 Staunton St

534 1/2 Boone St

637 E 3rd St

360 Jacobs Ave, Unit 3

510 N College St

2275 N Cable Rd, Unit #87

1001 Lincoln Ave

405 New St

101 S Roosevelt Ave
Lima, OH Local Guide

How much does it cost to rent a home in Lima?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lima 2 Bedroom Homes for Rent | $1,243 | $700 | $1,995 |
Lima 3 Bedroom Homes for Rent | $9,810 | $990 | $10,000+ |
Lima 4 Bedroom Homes for Rent | $1,898 | $1,395 | $2,500 |
Browse Top Homes for Rent in Lima
Explore Lima
Lima, OH Local Guide
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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. Elijah Parkway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Lima apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $700 |
Elijah Parkway | One Bedroom | 1BR,1BA | $875 |
43 Town Square | 2 Bedroom | 2BR,1BA | $910 |
Northlake Village Apartments | 1 Bed 1 bath | 1BR,1BA | $999 |
2563 W Market St | Market St. | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Lima, OH
As of March 24, 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 Two Bedroom Model at 655 W Spring St starting at $1,495 with a $1.33 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. |
---|---|---|---|
2563 W Market St | Market St. | 2BR,1BA | $1.00 |
655 W Spring St | Two Bedroom | 2BR,1.5BA | $1.33 |
338 S Pierce St, Unit 338 S Pierce St | 338 S Pierce St | 3BR,1BA | $0.88 |
43 Town Square | 2 Bedroom | 2BR,1BA | $0.90 |
The Annex of Lima | 2 Bed 2 Bath | 2BR,2BA | $0.41 |
730 N Charles St, Unit 724NorthCharlesSt | 730 N Charles St | 2BR,1BA | $0.75 |
Emma Parkway Townhomes | Emma Parkway | 2BR,1BA | $1.50 |
Northlake Village Apartments | 1 Bed 1 bath | 1BR,1BA | $1.20 |
522 S Main St, Unit Unit3 | 522 S Main St | 1BR,1BA | $2.13 |
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
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Frequently Asked Questions about Lima
What type of rentals are currently available in Lima?
There are currently 88 Apartments for Rent in Lima, OH with pricing that ranges from $410 to $2,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $700 to $52,999.
What is the current price range for Rental Homes in Lima?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lima ranges from $700 to $52,999 with an average monthly rent of $2,930.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.