Cheap Apartments for Rent in Dayton, OH from $300 (257 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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Dayton, OH Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 03/17/2026

Current apartment rentals in the Dayton, OH area range in price from $540 to $7,111 with an overall median price of $1,946. The three Dayton neighborhoods with the lowest median rent pricing are Santa Clara at $750, Walnut Hills Montgomery at $679, and Philadelphia Woods at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Santa Clara$825$7503
Walnut Hills Montgomery$875$6797
Philadelphia Woods$919$6759
Springfield$1,000$5505
Medway Enon$1,012$67511
Wright View$1,049$60010
Little Richmond$1,098$7986
Eastern Hills$1,100$70012
Eastmont$1,149$64034
Greenwich Village$1,149$67512

Cheapest Available Dayton Apartments for Rent

 

The cheapest available apartment rental in Dayton, OH is a 5 Beds unit found at Prime at Wright Apartments and Townhomes in the Faircreek Ridge neighborhood priced from $540. Chamberlain I & II Apartments in the Downtown Dayton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prime at Wright Apartments and Townhomes5 Bed 3 Bath Apt with Shared Bath5BR,3BA$540
Chamberlain I & II ApartmentsS31BR,1BA$650
Dean Place ApartmentsStudioStudio,1BA$680
AmhurstBristolStudio,1BA$695
Rockwood Apartments1 BD I & M1BR,1BA$695
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR,1BA$700
320 GraftonStudioStudio,1BA$700
Wright Landing Apartments1 bed/ 1 bath1BR,1BA$700

Best Value Apartments for Rent in Dayton, OH

As of March 17, 2026 the best value apartment in the Dayton area is the $0.21 price per square foot 48 Richmond Ave Model at 48 Richmond Ave, Unit 48 Richmond ave in the in the Downtown Dayton neighborhood starting from $1,100. The second greatest value Dayton apartment is the Two Bedroom Two Bathroom Model at Grafton House starting at $1,600 with a $0.89 price per square foot in the Downtown Dayton neighborhood. 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.
48 Richmond Ave, Unit 48 Richmond ave48 Richmond Ave2BR,1.5BA$0.21
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Prime at Wright Apartments and TownhomesFurnished Apartment4BR,3BA$0.44
803 Uhrig Ave, Unit Apartment #4803 Uhrig Ave2BR,1BA$0.80
36-36 E Mumma Ave, Unit 3636-36 E Mumma Ave2BR,1BA$0.75
802 Uhrig Ave802 Uhrig Ave2BR,1BA$0.78
Audubon Crossing1 Bedroom1BR,1BA$0.91
Timberlake ApartmentsAugustine2BR,1BA$0.92
2715 Riverside Dr, Unit D2715 Riverside Dr1BR,1BA$0.85
250 E Beechwood Ave, Unit 1250 E Beechwood Ave1BR,1BA$0.93

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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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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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 Chamberlain I & II Apartments which is listed at $650, while the average apartment in Dayton costs $1,946.

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 458 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 $978 which is $968 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.