Cheap Apartments for Rent in the Downtown Dayton Neighborhood of Dayton, OH from $300 (28 Rentals)

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

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Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

72 Central AveDayton, OH 45406
  • Utilities Included
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Audubon Crossing
1 to 2 Bedroom Apartments

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
  • Utilities Included

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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Showing Results 1-28, Page 1 of 1

Downtown Dayton, Dayton, OH Local Guide

Cheapest Available Downtown Dayton Apartments for Rent

 

The cheapest available apartment rental in the Downtown Dayton area of Dayton, OH is a Studio unit found at Chamberlain I & II Apartments priced from $650. Rockwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Downtown Dayton apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
Rockwood ApartmentsStudio C, LStudio,1BA$700
320 GraftonStudioStudio,1BA$700
Executive House1 Bedroom standard1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$818
The SuttonThe AshtonStudio,1BA$870
The Huffman at The Fire Blocks DistrictWilliamStudio,1BA$950
The View at Dayton TowersThe JonesStudio,1BA$965

Best Value Apartments for Rent in Downtown Dayton, OH

As of December 19, 2025 the best value apartment in the Downtown Dayton area is the $0.89 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,600. The second greatest value Downtown Dayton apartment is the 3c Model at Stratford House starting at $1,599 with a $1.23 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for Downtown Dayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Stratford House3c3BR,2.5BA$1.23
The Livery1x11BR,1BA$0.99
Audubon Crossing1 Bedroom1BR,1BA$0.91
Park Layne Apartments1BD (11th Floor)1BR,1BA$1.34
607 E 5th StTwo Bed2BR,1BA$1.36
Art Lofts at the Arcade1 Bedroom Tax Credit***1BR,1BA$1.31
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$1.20
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$1.26
320 Grafton1 Bedroom1BR,1BA$1.36

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of rentals in cities across the United States and customized analysis for Central Dayton. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Downtown Dayton Neighborhood in Dayton, OH

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

85 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Dayton Apartments

What is a cheap apartment in Downtown Dayton?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Dayton is under $965.

What is the price of a cheap apartment in Downtown Dayton?

The cheapest apartment in Downtown Dayton is Chamberlain I & II Apartments which is listed at $718, while the average apartment in Downtown Dayton costs $1,659.

What types of apartments are the cheapest in Downtown 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 9 regular apartments in Downtown 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 Downtown Dayton?

Cheap apartments in Downtown Dayton have an average cost of $148 which is $1,511 cheaper than the average rent for all rentals in Downtown 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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!