Cheap Apartments for Rent in Allen County, OH from $400 (28 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Columbia Terrace
Studio to 2 Bedroom Apartments

Columbia Terrace

639 Columbia DrLima, OH 45805
  • Utilities Included
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Shawnee Lofts
1 to 3 Bedroom Apartments

Shawnee Lofts

892 S Cable RdLima, OH 45805
  • Utilities Included
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Country View
2 to 4 Bedroom Apartments

Country View

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

The Charlestowne

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

Hampton Greene

400 S Mumaugh RdLima, OH 45804
  • Utilities Included
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Andover Court
Studio to 2 Bedroom Apartments

Andover Court

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

Richelieu Apartments

1475 Edgewood DrLima, OH 45805
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Kimberly Apartments
2 Bedroom Apartments

Kimberly Apartments

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

Waterford Townhomes

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

Shawnee Terrace Arms

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

Wilshire Place

1500 Deerfield DrLima, OH 45805
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The Vineyards
1 to 3 Bedroom Apartments

The Vineyards

2370 N Cole StLima, OH 45801
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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5319 S Dixie Hwy
Studio to 1 Bedroom Apartments

5319 S Dixie Hwy

5319 S Dixie HwyCridersville, OH 45806
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Delphos Senior Villas
2 Bedroom Apartments

Delphos Senior Villas

263 Elida RdDelphos, OH 45833
Senior Living
  • Utilities Included
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The Moreland Manor
Studio to 1 Bedroom Apartments

The Moreland Manor

319 W North StLima, OH 45801
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Melford Village
2 to 4 Bedroom Apartments

Melford Village

600 S College StSpencerville, OH 45887
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The Barr Apartments
1 to 2 Bedroom Apartments

The Barr Apartments

210 N Union StLima, OH 45801
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cheapest Available Allen County Apartments for Rent

 

The cheapest available apartment rental in Allen County, OH is a 1 Bed unit found at Town Square Senior Apartments - 62+ or HUD priced from $225. Royal Jameson has the second lowest priced unit, which is a 1 Bed apartment currently listed from $738. Here is today’s list of the most affordable Allen County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Square Senior Apartments - 62+ or HUDStudio1BR,1BA$225
Royal Jameson1 Bedroom1BR,1BA$738
Mark Royal2 Bedroom2BR,1BA$880
43 Town Square2 Bedroom2BR,1BA$956
Elijah ParkwayOne Bedroom1BR,1BA$990
2563 W Market StMarket St.2BR,1BA$1,100
Pike Run Village60%2BR,1BA$1,100
Willow Lake2 Bed, 1 Bath2BR,1BA$1,175
Metro CenterSingle1BR,1BA$1,300

Best Value Apartments for Rent in Allen County, OH

As of May 24, 2026 the best value apartment in the Allen County area is the $0.92 price per square foot Market St. Model at 2563 W Market St in the starting from $1,100. The second greatest value Allen County apartment is the 320 N Collett St Model at 320 N Collett St, Unit 320 starting at $1,449 with a $1.21 price per square foot . Here is today’s list of the best values for Allen County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2563 W Market StMarket St.2BR,1BA$0.92
320 N Collett St, Unit 320320 N Collett St3BR,1BA$1.21
43 Town Square2 Bedroom2BR,1BA$0.95
435 W McKibben St, Unit 3435 W McKibben St1BR,1BA$1.00
309 N Elizabeth St, Unit Apt.D309 N Elizabeth St1BR,1BA$1.40
Pike Run Village60%2BR,1BA$1.20
Emma Parkway Townhomes3866 Emma2BR,1BA$1.66
Willow Lake2 Bed, 1 Bath2BR,1BA$1.49
Royal Jameson1 Bedroom1BR,1BA$1.23
Town Square Senior Apartments - 62+ or HUD1 Bedroom1BR,1BA$0.45

Frequently Asked Questions about Cheap Allen County Apartments

What is the price of a cheap apartment in Allen County?

The cheapest apartment in Allen County is Town Square Senior Apartments - 62+ or HUD which is listed at $225, while the average apartment in Allen County costs $1,270.

What types of apartments are the cheapest in Allen County?

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 9 regular apartments in Allen County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.