Cheap Apartments for Rent in Dayton, OH from $300 (292 Rentals)

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

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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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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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Dayton, OH Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 06/17/2026

Current apartment rentals in the Dayton, OH area range in price from $550 to $6,219 with an overall median price of $1,956. The three Dayton neighborhoods with the lowest median rent pricing are Springfield at $550, Walnut Hills Montgomery at $679, and Santa Clara at $725. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Springfield$900$5505
Walnut Hills Montgomery$975$6797
Santa Clara$1,000$7254
Five Oaks$1,025$6759
North Riverdale$1,025$70015
Old Dayton$1,025$65017
Little Richmond$1,098$72510
Wright View$1,100$67520
Medway Enon$1,113$67514
Arlington Heights Montgomery$1,150$70017

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 & Townhomes in the Faircreek Ridge neighborhood priced from $560. 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 & Townhomes5 Bed 3 Bath Apt with Shared Bath5BR,3BA$560
300 Forest Park Dr1 Beds, 1 Baths1BR,1BA$620
270 E Nottingham Rd1 Beds, 1 Baths1BR,1BA$650
Chamberlain I & II ApartmentsS21BR,1BA$650
113 Niagara Ave1 Beds, 1 Baths1BR,1BA$650
Dean Place ApartmentsStudioStudio,1BA$680
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR,1BA$700
Wright Landing Apartments1 bed/ 1 bath1BR,1BA$700
320 GraftonStudioStudio,1BA$700
Churchill Manor1BR/1BA1BR,1BA$715

Best Value Apartments for Rent in Dayton, OH

As of June 17, 2026 the best value apartment in the Dayton area is the $0.29 price per square foot 5 Bed 3 Bath Apt with Shared Bath Model at Prime at Wright Apartments & Townhomes in the in the Faircreek Ridge neighborhood starting from $560. The second greatest value Dayton apartment is the 2312 Davue Cir Model at 2312 Davue Cir, Unit 2 starting at $900 with a $0.69 price per square foot in the Grafton Hill 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.
Prime at Wright Apartments & Townhomes5 Bed 3 Bath Apt with Shared Bath5BR,3BA$0.29
2312 Davue Cir, Unit 22312 Davue Cir2BR,1BA$0.69
Rockwood Apartments2 BD D,K,A,N2BR,2BA$0.93
1067 Salem Ave2 Beds, 1.5 Baths2BR,1.5BA$0.82
The Flight2 Bed / 2 Bath2BR,2BA$0.91
Townhouse Court ApartmentsCT 2B 1.5B2BR,1.5BA$0.95
113 Niagara Ave1 Beds, 1 Baths1BR,1BA$0.67
Williamsburg Place Apartments2 Bdrm Garden Style2BR,1BA$0.95
Timberlake ApartmentsAugustine2BR,1BA$0.92
506 Morse Ave, Unit 506 Morse ave506 Morse Ave2BR,1BA$0.97

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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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 $715.

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 $1,956.

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 611 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 $1,040 which is $916 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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.