Cheap New Apartments for Rent in Dayton, OH from $300 (21 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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Omega Senior Lofts
Built in 20201 to 2 Bedroom Apartments

Omega Senior Lofts

1461 Cornell DrDayton, OH 45406
Senior Living
  • Utilities Included
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Riverside Senior Lofts
Built in 20181 to 2 Bedroom Apartments

Riverside Senior Lofts

2333 Harshman RdDayton, OH 45424
Senior Living
  • Utilities Included
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Darby Run
Built in 20231 to 3 Bedroom Apartments

Darby Run

4300 Hempstead Station DrDayton, OH 45440
  • Utilities Included
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RiverWorks Lofts
Built in 20191 to 3 Bedroom Apartments

RiverWorks Lofts

2325 Harshman RdDayton, OH 45424
  • 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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Art Lofts at the Arcade
Built in 20211 to 3 Bedroom Apartments

Art Lofts at the Arcade

42 S Ludlow StDayton, OH 45402
  • Utilities Included
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The Livery
Built in 20241 Bedroom Apartments

The Livery

322 S Patterson BlvdDayton, OH 45402
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Flats on Wolf Creek
Built in 20261 to 3 Bedroom Apartments

Flats on Wolf Creek

2915 Olive RdTrotwood, OH 45426
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Trotwood Senior Lofts
Built in 20231 to 2 Bedroom Apartments

Trotwood Senior Lofts

702 E Main StTrotwood, OH 45426
Senior Living
  • Utilities Included

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.

Dayton, OH Local Guide

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

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Dayton, OH Area Reviews

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Kim1+ 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 $1,967.

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 532 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 $989 which is $978 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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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.