Cheap Apartments for Rent in the Downtown Amherst Neighborhood of Amherst, OH from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Amherst area of Amherst.

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Hapmshire Farms
3 Bedroom Apartments

Hapmshire Farms

6117 Oberlin RdAmherst, OH 44001
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Westwood Estates
1 to 4 Bedroom Apartments

Westwood Estates

7055 Quarry RdAmherst, OH 44001
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Central Village
1 to 2 Bedroom Apartments

Central Village

455 S Main StAmherst, OH 44001

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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402 E Main St
1 to 2 Bedroom Apartments

402 E Main St

402 E Main StSouth Amherst, OH 44001
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Parkwood Manor
Studio Apartments

Parkwood Manor

920 Kingsway DrLorain, OH 44052
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1415 Herbert Dr
Studio Apartments

1415 Herbert Dr

1415 Herbert DrLorain, OH 44053

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Oberlin Ave Apartments
1 to 2 Bedroom Apartments

Oberlin Ave Apartments

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

The Oaks

1400-1516 Herbert 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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Colony Apartments
Studio to 2 Bedroom Apartments

Colony Apartments

4658 Oberlin AveLorain, OH 44053
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The Willows
Studio to 2 Bedroom Apartments

The Willows

4745 Oberlin AveLorain, OH 44053
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Nantucket Apartments
1 to 2 Bedroom Apartments

Nantucket Apartments

517-519 S Nantucket DrLorain, OH 44053
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Pentamen Arms
1 to 2 Bedroom Apartments

Pentamen Arms

1800 Cooper Foster Park RdLorain, OH 44053
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4652 Oberlin Ave
Studio to 1 Bedroom Apartments

4652 Oberlin Ave

4652 Oberlin AveLorain, OH 44053
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Elizabeth Towers
1 to 2 Bedroom Apartments

Elizabeth Towers

1040 Tower BlvdLorain, OH 44053
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5707 Ashland Ave
2 Bedroom Apartments

5707 Ashland Ave

5707 Ashland AveLorain, OH 44053
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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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Beavercrest Gardens
1 to 3 Bedroom Apartments

Beavercrest Gardens

3849 Beavercrest DrLorain, OH 44053
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Marina View Apartments
1 to 2 Bedroom Apartments

Marina View Apartments

3540-3540 Beavercrest DrLorain, OH 44053
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Williamsburg Square
1 to 2 Bedroom Apartments

Williamsburg Square

1824 Cooper Foster Park RdLorain, OH 44053
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1116 Kingsway Dr
1 Bedroom Apartments

1116 Kingsway Dr

1116 Kingsway DrLorain, OH 44052
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Almadien Village
2 to 3 Bedroom Apartments

Almadien Village

2075 E Serenity LnLorain, OH 44053
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Meadow Oaks Apartments
1 to 2 Bedroom Apartments

Meadow Oaks Apartments

1750 Cooper Foster Park RdLorain, OH 44053
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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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Princess Anne Studios
1 Bedroom Apartments

Princess Anne Studios

4240 Princess Anne CtLorain, OH 44052
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Oberlin Manor
1 to 2 Bedroom Apartments

Oberlin Manor

1220 W 37th StLorain, OH 44053
Senior Living
  • Utilities Included
Showing Results 1-42, Page 1 of 1

Downtown Amherst, Amherst, OH Local Guide

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 ListingModel NameBed/BathPriced From
Concord Apartments1 Bedroom1BR,1BA$725
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$740
Pinebrook Tower Apartments1BR/1BA1BR,1BA$950
Lorain Pointe Senior ApartmentsSenior Apartments1BR,1BA$1,685
Redwood AmherstForestwood2BR,2BA$1,899

Best Value Apartments for Rent in Downtown Amherst, OH

As of August 26, 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 1BR/1BA Model at Pinebrook Tower Apartments starting at $950 with a $1.49 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood AmherstMeadowood2BR,2BA$1.53
Pinebrook Tower Apartments1BR/1BA1BR,1BA$1.49
Lorain Pointe Senior ApartmentsSenior Apartments1BR,1BA$2.70
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$1.48

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.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Downtown Amherst, Amherst, OH

Ranked #1

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Amherst, Amherst, OH

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.