
Cheap Homes for Rent in Lorain, OH from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lorain.


340 8th St

555 W 9th St

835 S Central Dr

218 Gates Ave

946 Washington Ave

2204 W 23rd St

1753 E 30th St

2550 Elyria Ave

223 Bell Ave

510 East Ave

220 Hamilton Ave
Lorain, OH Local Guide

How much does it cost to rent a home in Lorain?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lorain 2 Bedroom Homes for Rent | $1,149 | $795 | $1,750 |
Lorain 3 Bedroom Homes for Rent | $1,428 | $1,000 | $1,799 |
Lorain 4 Bedroom Homes for Rent | $2,090 | $1,400 | $3,600 |
Lorain 5 Bedroom Homes for Rent | $2,275 | $1,713 | $3,400 |
Browse Top Homes for Rent in Lorain
Explore Lorain
Lorain, OH Local Guide
- Lorain Neighborhoods
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Cheapest Neighborhoods for Apartments in Lorain, OH
Pricing Updated: 03/21/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Larkmoor | $1,125 | $650 | 211 |
Black River | $1,237 | $650 | 422 |
Bartish | $1,300 | $650 | 445 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Overlook | Efficiency | Studio,1BA | $650 |
Concord Apartments | 1 Bedroom | 1BR,1BA | $665 |
Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $665 |
Oakwood Park Apartments | 1 Bedroom - Available Soon! | 1BR,1BA | $675 |
Water's Edge Apartments | 1 Bed | 1BR,1BA | $700 |
Best Value Apartments for Rent in Lorain, OH
As of March 21, 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 3 Bed/1.5 Bath Model at Hancock Duplex Apartments starting at $1,175 with a $0.84 price per square foot in the Black River neighborhood. Here is today’s list of the best values for Lorain apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Preserve at French Creek | The Willow | 2BR,2BA | $1.32 |
Hancock Duplex Apartments | 3 Bed/1.5 Bath | 3BR,1.5BA | $0.84 |
Portside Apartments | The Regatta | 2BR,1BA | $1.06 |
Pinecrest Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.83 |
College Park Apartments | Three Bedroom 1.5 Bath | 3BR,1.5BA | $0.93 |
Sycamore Square | 2 Bed 1 Bath - Upgraded | 2BR,1BA | $1.31 |
Pin Oak Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.27 |
Water's Edge Apartments | 1 Bed | 1BR,1BA | $1.08 |
Oakwood Park Apartments | 1 Bedroom - Available Soon! | 1BR,1BA | $1.23 |
Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $1.33 |
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Frequently Asked Questions about Lorain
What type of rentals are currently available in Lorain?
There are currently 259 Apartments for Rent in Lorain, OH with pricing that ranges from $650 to $2,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorain ranging from $595 to $3,600.
What is the current price range for Rental Homes in Lorain?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lorain ranges from $595 to $3,600 with an average monthly rent of $1,524.
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.