475 W Grand Ave
DaytonOH45405
Cheap Homes for Rent in Downtown Dayton Neighborhood of Dayton, OH from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Dayton area of Dayton.
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$7601 Bedroom Apartments Available Now
136 Lexington Ave, Unit 1
136 Lexington AveDayton, OH 45402
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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$8751 Bedroom Apartments Available Now
22 Emmet St, Unit 17
22 Emmet StDayton, OH 45405
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$8951 Bedroom Apartments Available Now
22 Emmet St, Unit 10
22 Emmet StDayton, OH 45405
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.
115 E Foraker St
DaytonOH45409
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Downtown Dayton, Dayton, OH Local Guide
Overview by MarkDonna is licensed under CC BY-SA 3.0
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 | $1,398 | $995 | $1,600 |
| Downtown Dayton 3 Bedroom Homes for Rent | $1,269 | $1,150 | $1,500 |
| Downtown Dayton 4 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Downtown Dayton Neighborhood of Dayton, OH.
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain I & II Apartments | S3 | 1BR,1BA | $650 |
| Rockwood Apartments | Studio C, L | Studio,1BA | $700 |
| 320 Grafton | Studio | Studio,1BA | $750 |
Best Value Apartments for Rent in Downtown Dayton, OH
As of April 30, 2026 the best value apartment in the Downtown Dayton area is the $0.21 price per square foot 48 Richmond Ave Model at 48 Richmond Ave, Unit 48 Richmond ave in the in the Downtown Dayton neighborhood starting from $1,100. The second greatest value Downtown Dayton apartment is the Two Bedroom Two Bathroom Model at Grafton House starting at $1,600 with a $0.89 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. |
|---|---|---|---|
| 48 Richmond Ave, Unit 48 Richmond ave | 48 Richmond Ave | 2BR,1.5BA | $0.21 |
| Grafton House | Two Bedroom Two Bathroom | 2BR,2BA | $0.89 |
| Audubon Crossing | 1 Bedroom | 1BR,1BA | $0.91 |
| Park Layne Apartments | 1BD (9th-10th Floor) | 1BR,1BA | $1.30 |
| 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 |
| Executive House | 1 Bedroom standard | 1BR,1BA | $1.46 |
| Rockwood Apartments | Studio C, L | Studio ,1BA | $1.37 |
Frequently Asked Questions about Downtown Dayton
What type of rentals are currently available in Downtown Dayton?
There are currently 147 Apartments for Rent in Downtown Dayton, OH with pricing that ranges from $650 to $3,512. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Dayton ranging from $750 to $2,000.
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 $2,000 with an average monthly rent of $1,498.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.