Cheap Apartments for Rent in the Downtown Dayton Neighborhood of Dayton, OH from $300 (26 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Salemview Apartments
Studio to 1 Bedroom Apartments

Salemview Apartments

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

Audubon Crossing

119 Edgewood AveDayton, OH 45402
Senior Living
  • Utilities Included
Showing Results 1-26, 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 Grafton Ave1 Bedroom1BR,1BA$750
Executive House1 Bedroom standard1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
Art Lofts at the Arcade1 Bedroom Tax Credit***1BR,1BA$944
The Huffman at The Fire Blocks DistrictWilliamStudio,1BA$950
The View at Dayton TowersThe JonesStudio,1BA$1,000

Best Value Apartments for Rent in Downtown Dayton, OH

As of November 01, 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 3a Model at Stratford House starting at $1,649 with a $1.07 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 House3a3BR,2BA$1.07
The Livery1x11BR,1BA$0.99
86 Vine St, Unit 8686 Vine St2BR,1BA$0.90
Audubon Crossing2 Bedroom2BR,1BA$1.08
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$1.28
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$1.20
320 Grafton Ave1 Bedroom1BR,1BA$1.36

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 the Cheapest Studio apartment in Downtown Dayton?

Currently the most affordable Cheap Studio Apartment in Downtown Dayton is at Chamberlain I & II Apartments listed at $650.

How much is rent for a Cheap One Bedroom Downtown Dayton Apartment?

The lowest price for a Cheap One Bedroom Downtown Dayton Apartment is $714 at Chamberlain I & II Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Dayton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Dayton is starting from $950 at Executive House.

What is the most affordable Downtown Dayton Three Bedroom Apartment?

The best deal on a cheap Downtown Dayton Three Bedroom Apartment rental is at Rockwood Apartments and starts from $1,195.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.