Cheap Apartments for Rent in Lorain, OH from $400 (37 Rentals)

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

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Windhaven Apartments
1 to 2 Bedroom Apartments

Windhaven Apartments

4638-4640 Oberlin AveLorain, OH 44053
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The Oaks
1 to 2 Bedroom Apartments

The Oaks

1400-1516 Herbert DrLorain, OH 44053
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The Willows
Studio to 2 Bedroom Apartments

The Willows

4745 Oberlin AveLorain, OH 44053
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Shorehouse Apartments
2 Bedroom Apartments

Shorehouse Apartments

1102-1140 E Erie AveLorain, OH 44052
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Ventura Apartments
1 to 2 Bedroom Apartments

Ventura Apartments

1814 Cooper Foster Park RdLorain, OH 44053
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Beavercrest Gardens
1 to 3 Bedroom Apartments

Beavercrest Gardens

3849 Beavercrest DrLorain, OH 44053
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Baron Arms Apartments
1 to 3 Bedroom Apartments

Baron Arms Apartments

3830 Beavercrest DrLorain, OH 44053
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Nantucket Apartments
2 Bedroom Apartments

Nantucket Apartments

517-519 S Nantucket DrLorain, OH 44053
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Kingston Square
2 Bedroom Apartments

Kingston Square

1816 Cooper Foster Park RdLorain, OH 44053
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Almadien Village
2 Bedroom Apartments

Almadien Village

2075 E Serenity LnLorain, OH 44053
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Pentamen Arms
1 Bedroom Apartments

Pentamen Arms

1800 Cooper Foster Park RdLorain, OH 44053
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Williamsburg Square
2 Bedroom Apartments

Williamsburg Square

1824 Cooper Foster Park RdLorain, OH 44053
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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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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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Windjammer Apartments
2 Bedroom Apartments

Windjammer Apartments

4141 Lake RdSheffield Lake, OH 44054
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Showing Results 1-37, Page 1 of 1

Lorain, OH Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lorain, OH

Pricing Updated: 03/26/2025

Current apartment rentals in the Lorain, 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 Lorain Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Larkmoor$1,125$650233
Black River$1,237$650449
Bartish$1,300$650472

Cheapest Available Lorain Apartments for Rent

 

The cheapest available apartment rental in Lorain, OH is a Studio unit found at The Overlook in the Black River neighborhood priced from $650. Concord Apartments in the Bartish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $665. Here is today’s list of the most affordable Lorain apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
Concord Apartments1 Bedroom1BR,1BA$665
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$665
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$675
Water's Edge Apartments1 Bed1BR,1BA$700
Arbor Grove LorainStudioStudio,1BA$700
Pinecrest ApartmentsTwo Bedroom One Bath2BR,1BA$825
Sycamore Square1 Bed 1 Bath - Premium1BR,1BA$830
College Park ApartmentsThree Bedroom 1.5 Bath3BR,1BA$925
Pin Oak Apartments2 Bedroom 2 Bath2BR,2BA$975

Best Value Apartments for Rent in Lorain, OH

As of March 26, 2025 the best value apartment in the Lorain 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 Lorain apartment is the The Windjammer Model at Portside Apartments starting at $1,379 with a $1.07 price per square foot in the Larkmoor neighborhood. Here is today’s list of the best values for Lorain apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at French CreekThe Willow2BR,2BA$1.32
Portside ApartmentsThe Windjammer2BR,2BA$1.07
Pinecrest ApartmentsThree Bedroom Two Bath3BR,2BA$0.83
Hancock Duplex Apartments2 Bed/1.5 Bath2BR,1.5BA$1.02
College Park ApartmentsThree Bedroom 1.5 Bath3BR,1.5BA$0.93
Sycamore Square2 Bed 1 Bath - Upgraded2BR,1BA$1.31
Pin Oak Apartments2 Bedroom 2 Bath2BR,2BA$1.27
Water's Edge Apartments1 Bed1BR,1BA$1.08
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$1.23
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$1.33

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lorain Overview

Lorain, OH sits in the shadow of Cleveland but has its own character. The major factories have moved on, but the lake is still a major source of income and recreation. Inland, you'll find a welcoming town with a remarkable number of green spaces in and around the city limits.

Why live in Lorain, OH?

Despite being located just a short commute from busy and bustling Cleaveland, Lorain maintains a comfortable, small-town feel. The town celebrates it’s multi-national heritage with exciting ethnic restaurants and several international festivals. When it comes to natural beauty, you’ll be hard-pressed to find better than the shores of Lake Erie. This vast stretch of fresh water is a paradise for fishermen, boaters, bird watchers, and other nature enthusiasts. Numerous state parks dot the coastline, giving outdoorsy families plenty to see and do. History buffs may also love this area, from local museums to historical societies to traditional buildings in town.

Best Local Schools in
Lorain, OH

School data provided by Great Schools

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

Explore Lorain, OH Rentals by Map

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See the most popular apartments and homes in Lorain, OH

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Getting Around Lorain, OH

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 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 Lorain Apartments

What is a cheap apartment in Lorain?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lorain is under $975.

What is the price of a cheap apartment in Lorain?

The cheapest apartment in Lorain is Concord Apartments which is listed at $665, while the average apartment in Lorain costs $1,220.

What types of apartments are the cheapest in Lorain?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Lorain that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lorain?

Cheap apartments in Lorain have an average cost of $129 which is $1,091 cheaper than the average rent for all rentals in Lorain.

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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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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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

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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.