
Cheap Apartments for Rent in the Downtown Amherst Neighborhood of Amherst, OH from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Amherst area of Amherst.


Total Monthly Price
2001 Cooper Foster Park Rd

2001 Cooper Foster Park Rd

Westwood Estates

Concord Apartments

Tower Regency & Tower Garden

Pinebrook Tower Apartments

Oberlin Ave Apartments
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.

Liberty Circle Apartments

The Oaks

The Willows

Ventura Apartments

Beavercrest Gardens

Marina View Apartments

Nantucket Apartments

Kingston Square
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.

Baron Arms Apartments

Fairway East Apartment Homes

Harmony Square Apartments

Pentamen Arms

4461 Oberlin Ave

Williamsburg Square

The Village at Lighthouse Point

Almadien Village
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.
Downtown Amherst, Amherst, OH Local Guide

How much does it cost to rent an apartment in Downtown Amherst?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Amherst 1 Bedroom Apartments | $1,482 | $725 | $1,825 |
| Downtown Amherst 2 Bedroom Apartments | $2,034 | $825 | $2,475 |
| Downtown Amherst 3 Bedroom Apartments | $2,224 | $1,000 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 3 mile radius of the Downtown Amherst Neighborhood of Amherst, OH.
See all Apartments in AmherstExplore Amherst
Downtown Amherst, Amherst, OH Local Guide
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Cheapest Available Downtown Amherst Apartments for Rent
 The cheapest available apartment rental in the Downtown Amherst area of Amherst, OH is a 1 Bed unit found at Concord Apartments priced from $725. Tower Regency & Tower Garden has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Downtown Amherst apartments for rent in Amherst, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $740 |
| Pinebrook Tower Apartments | 1BR/1BA | 1BR,1BA | $850 |
| Evergreen Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $1,149 |
| Lorain Pointe Senior Apartments | Senior Apartments | 1BR,1BA | $1,685 |
Best Value Apartments for Rent in Downtown Amherst, OH
As of July 11, 2026 the best value apartment in the Downtown Amherst area is the $1.53 price per square foot Meadowood Model at Redwood Amherst in the in the Downtown Amherst neighborhood starting from $2,024. The second greatest value Downtown Amherst apartment is the 2 Bedroom 2 Bathroom Model at Evergreen Village starting at $1,149 with a $1.41 price per square foot in the Bartish neighborhood. Here is today’s list of the best values for Downtown Amherst apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Amherst | Meadowood | 2BR,2BA | $1.53 |
| Evergreen Village | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.41 |
| Pinebrook Tower Apartments | 1BR/1BA | 1BR,1BA | $1.33 |
| Lorain Pointe Senior Apartments | Senior Apartments | 1BR,1BA | $2.70 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $1.48 |
| 2001 Cooper Foster Park Rd | 2001 Cooper Foster Park Rd | 1BR,1BA | $1.69 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleDowntown Amherst, Amherst, OH
Ranked #1
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Amherst, Amherst, OH
Powers Elementary School
Marion L Steele High School
Walter G. Nord Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Amherst Apartments
How much is rent for a Cheap One Bedroom Downtown Amherst Apartment?
The lowest price for a Cheap One Bedroom Downtown Amherst Apartment is $725 at Concord Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Amherst Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Amherst is starting from $825 at Concord Apartments.
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

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.

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.

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.

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.