Cheap Apartments for Rent in Allen County, OH from $400 (32 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

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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Richelieu Apartments
1 to 2 Bedroom Apartments

Richelieu Apartments

1475 Edgewood DrLima, OH 45805
  • Utilities Included
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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
  • Smoke Free
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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
  • Utilities Included
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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 Studio 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 HUDStudioStudio,1BA$225
Royal Jameson1 Bedroom1BR,1BA$738
43 Town Square2 Bedroom2BR,1BA$770
Mark Royal2 Bedroom2BR,1BA$880

Best Value Apartments for Rent in Allen County, OH

As of July 09, 2026 the best value apartment in the Allen County area is the $1.23 price per square foot 3 Bed 3 Bath Model at The Annex of Lima in the starting from $1,913. The second greatest value Allen County apartment is the 500 N West St Model at 500 N West St, Unit 500 N. West St starting at $1,595 with a $1.06 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.
The Annex of Lima3 Bed 3 Bath3BR,3BA$1.23
500 N West St, Unit 500 N. West St500 N West St4BR,2.5BA$1.06
43 Town Square3 Bedroom3BR,2BA$0.78
2563 W Market StMarket St.2BR,1BA$0.92
1017 Symphony St, Unit unit B1017 Symphony St2BR,1.5BA$1.25
710 Marian Ave, Unit 710710 Marian Ave2BR,1BA$0.95
Pike Run Village60%2BR,1BA$1.20
719 W Eureka St, Unit 719.5719 W Eureka St1BR,1BA$0.99
732 1/2 N Main St, Unit 732 1/2 N. Main St.732 1/2 N Main St1BR,1BA$1.31
Royal Jameson1 Bedroom1BR,1BA$1.23

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 Royal Jameson which is listed at $738, while the average apartment in Allen County costs $1,595.

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 11 regular apartments in Allen County 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 Allen County?

Cheap apartments in Allen County have an average cost of $378 which is $1,217 cheaper than the average rent for all rentals in Allen County.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.