Cheap Apartments for Rent in Dayton, OH from $550 (368 Rentals)

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

property at 439 Grafton Ave
$575 - $700
Studio To 1 Bedroom Rentals
Available Now
Affordability

439 Grafton Ave

DaytonOH45406
property at 717 Wyoming St
$600
1 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

717 Wyoming St

DaytonOH45410

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

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

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property at 564 Brandt St
$725
1 Bedroom Rentals
Available Now
Affordability

564 Brandt St

DaytonOH45404

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

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

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Dayton, OH Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 09/17/2026

Current apartment rentals in the Dayton, OH area range in price from $550 to $5,796 with an overall median price of $1,331. The three Dayton neighborhoods with the lowest median rent pricing are Wright View at $775, Old Dayton at $795, and Santa Clara at $795. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wright View$775$67514
Old Dayton$795$57517
Santa Clara$795$7256
Springfield$795$5509
Walnut Hills Montgomery$797$60010
Dayton View Triangle$825$6003
Fairview$825$6009
Lakeview$837$57522
Hillcrest$852$60010
Linden Heights$865$7754

Cheapest Available Dayton Apartments for Rent

 

The cheapest available apartment rental in Dayton, OH is a 4 Beds unit found at Prime at Wright Apartments & Townhomes in the Faircreek Ridge neighborhood priced from $610. 300 Forest Park Dr in the Northridge Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prime at Wright Apartments & Townhomes4BR/4.0BA4BR, 4BA$610
300 Forest Park Dr1 Beds, 1 Baths1BR, 1BA$620
Audubon Crossing1 Bedroom1BR, 1BA$639
238 E Beechwood Ave1BR/1.0BA1BR, 1BA$650
Chamberlain I & II ApartmentsS41BR, 1BA$650
Willowood ApartmentsStudioStudio, 1BA$659
Dean Place ApartmentsStudioStudio, 1BA$680
Meadows of CatalpaChristy1BR, 1BA$695
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR, 1BA$700
Wright Landing Apartments1 bed/ 1 bath1BR, 1BA$700

Best Value Apartments for Rent in Dayton, OH

As of September 17, 2026 the best value apartment in the Dayton area is the $0.63 price per square foot 4 Bed / 4 Bath Model at The Flight in the Grafton Hill neighborhood starting from $1,049. The second greatest value Dayton apartment is the 2312 Davue Cir Model at 2312 Davue Cir, Unit 2 in the McPherson neighborhood starting at $900 with a $0.69 price per square foot. Here is today’s list of the best values for Dayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Flight4 Bed / 4 Bath4BR, 4BA$0.63
2312 Davue Cir, Unit 22312 Davue Cir2BR, 1BA$0.69
363 Park Dr, Unit 363 Park Ave363 Park Dr1BR, 1BA$0.83
1354-1356 Ohmer St2BR/2.0BA2BR, 2BA$0.67
1067 Salem Ave2 Beds, 1.5 Baths2BR, 1.5BA$0.80
1008 W Fairview Ave1BR/1.0BA1BR, 1BA$0.70
803 Uhrig Ave, Unit Apartment #4803 Uhrig Ave2BR, 1BA$0.75
Prime at Wright Apartments & Townhomes2 Bed 1.5 Bath TH2BR, 1.5BA$0.77
Timberlake ApartmentsAugustine2BR, 1BA$0.92
238 E Beechwood Ave1BR/1.0BA1BR, 1BA$0.92

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Dayton Overview

Consistently ranked among some of the most affordable cities in the country as well as maintaining a highly rated educational system and an active itinerary of events and attractions to attend, Dayton is a gem of southwestern Ohio. It sits between 3 major metropolitan areas, but has continued to hold its own identity and preserve its historic image. The mix of a vibrant city life with midwestern values and an advanced health care system, there has never been a better time to find an apartment in Dayton!

Why live in Dayton, OH?

Choosing to move to a Dayton apartment will put you near opportunities in a wide variety of industries, but also features a rich American history that continues to influences businesses, architecture, and leisure alike. Higher education and an expanding network of health care providers and hospitals are of high importance to the community, which serve to improve the overall well-being of its residents.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Dayton, OH Rentals by Map

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Dayton, OH Area Reviews

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Kim • 1+ years in Dayton

February 26, 2025

Affordable, convenient public transportation is available, and there are plenty of places to rent or buy.

Frequently Asked Questions about Cheap Dayton Apartments

What is a cheap apartment in Dayton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Dayton is under $700.

What is the price of a cheap apartment in Dayton?

The cheapest apartment in Dayton is 300 Forest Park Dr which is listed at $620, while the average apartment in Dayton costs $1,331.

What types of apartments are the cheapest in Dayton?

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 421 regular apartments in Dayton 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 Dayton?

Cheap apartments in Dayton have an average cost of $1,012 which is $319 cheaper than the average rent for all rentals in Dayton.

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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Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH

Written by: Kim Mooneyham

Once an industrial powerhouse in southwest Ohio, Dayton is gradually changing from a strictly blue-collar city to a light blue-collar/white-collar city with education, tech, and urban development opportunities.

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.