Cheap Apartments for Rent in the Downtown Amherst Neighborhood of Amherst, OH from $500 (24 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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Westwood Estates
1 to 4 Bedroom Apartments

Westwood Estates

7055 Quarry RdAmherst, OH 44001
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Oberlin Ave Apartments
1 to 2 Bedroom Apartments

Oberlin Ave Apartments

4638-4640 Oberlin AveLorain, OH 44053
  • Utilities Included

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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The Oaks
1 to 2 Bedroom Apartments

The Oaks

1400-1516 Herbert DrLorain, OH 44053
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The Willows
Studio to 2 Bedroom Apartments

The Willows

4745 Oberlin AveLorain, OH 44053
  • Utilities Included
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Ventura Apartments
1 to 2 Bedroom Apartments

Ventura Apartments

1814 Cooper Foster Park RdLorain, OH 44053
  • Utilities Included
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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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Nantucket Apartments
1 to 2 Bedroom Apartments

Nantucket Apartments

517-519 S Nantucket DrLorain, OH 44053
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Kingston Square
1 to 2 Bedroom Apartments

Kingston Square

1816 Cooper Foster Park RdLorain, OH 44053
  • 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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Baron Arms Apartments
1 to 3 Bedroom Apartments

Baron Arms Apartments

3830 Beavercrest DrLorain, OH 44053
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Pentamen Arms
1 to 2 Bedroom Apartments

Pentamen Arms

1800 Cooper Foster Park RdLorain, 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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Almadien Village
2 to 3 Bedroom Apartments

Almadien Village

2075 E Serenity LnLorain, OH 44053
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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

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$850
Evergreen Village2 Bedroom 2 Bathroom2BR,2BA$1,149
Lorain Pointe Senior ApartmentsSenior Apartments1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood AmherstMeadowood2BR,2BA$1.53
Evergreen Village2 Bedroom 2 Bathroom2BR,2BA$1.41
Pinebrook Tower Apartments1BR/1BA1BR,1BA$1.33
Lorain Pointe Senior ApartmentsSenior Apartments1BR,1BA$2.70
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$1.48
2001 Cooper Foster Park Rd2001 Cooper Foster Park Rd1BR,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.

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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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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 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.

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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.