
Cheap Homes for Rent in Downtown Dayton Neighborhood of Dayton, OH from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Dayton area of Dayton.


475 W Grand Ave, Unit 25

136 Lexington Ave, Unit 1

35 Neal Ave
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.

726 Taylor St, Unit 726

726 Taylor St, Unit 728

22 Emmet St

821 Herman Ave
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.
Downtown Dayton, Dayton, OH Local Guide

How much does it cost to rent a home in Downtown Dayton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Dayton 2 Bedroom Homes for Rent | $1,518 | $875 | $2,200 |
| Downtown Dayton 3 Bedroom Homes for Rent | $1,485 | $1,100 | $2,000 |
| Downtown Dayton 4 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Downtown Dayton 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Downtown Dayton Neighborhood of Dayton, OH.
Explore Dayton
Cheapest Available Downtown Dayton Apartments for Rent
 The cheapest available apartment rental in the Downtown Dayton area of Dayton, OH is a 1 Bed unit found at Chamberlain I & II Apartments priced from $650. 320 Grafton 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain I & II Apartments | S3 | 1BR,1BA | $650 |
| 320 Grafton | Studio | Studio,1BA | $700 |
| Executive House | 1 Bedroom standard | 1BR,1BA | $775 |
Best Value Apartments for Rent in Downtown Dayton, OH
As of June 14, 2026 the best value apartment in the Downtown Dayton area is the $0.93 price per square foot 2 BD D,K,A,N Model at Rockwood Apartments in the in the Downtown Dayton neighborhood starting from $1,025. The second greatest value Downtown Dayton apartment is the 2 Bedroom Model at Audubon Crossing starting at $999 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rockwood Apartments | 2 BD D,K,A,N | 2BR,2BA | $0.93 |
| Audubon Crossing | 2 Bedroom | 2BR,1BA | $1.08 |
| Park Layne Apartments | 1BD (11th Floor) | 1BR,1BA | $1.34 |
| 607 E 5th St | Two Bed | 2BR,1BA | $1.36 |
| Art Lofts at the Arcade | 1 Bedroom Tax Credit*** | 1BR,1BA | $1.30 |
| Riverstone Apartments | 1 BD Standard | 1BR,1BA | $1.20 |
| Apartments at 310 Superior | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.27 |
| 219 Park Dr, Unit A | 219 Park Dr | 1BR,1BA | $1.38 |
| Executive House | 1 Bedroom standard | 1BR,1BA | $1.46 |
| 320 Grafton | Studio | Studio ,1BA | $1.40 |
Frequently Asked Questions about Downtown Dayton
What type of rentals are currently available in Downtown Dayton?
There are currently 149 Apartments for Rent in Downtown Dayton, OH with pricing that ranges from $650 to $3,512. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Dayton ranging from $750 to $3,000.
What is the current price range for Rental Homes in Downtown Dayton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Dayton ranges from $750 to $3,000 with an average monthly rent of $1,827.
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

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.

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.

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.

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.