Cheap Homes for Rent in Dayton, OH from $500 (134 Rentals)

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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

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Dayton, OH Local Guide

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 12/28/2025

Current apartment rentals in the Dayton, OH area range in price from $540 to $4,055 with an overall median price of $1,387. The three Dayton neighborhoods with the lowest median rent pricing are Stoney Ridge at $625, Highview Hills at $625, and Pineview at $575. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Stoney Ridge$800$6255
Highview Hills$875$6255
Pineview$875$5758
Walnut Hills Montgomery$900$6794
Linden Heights$910$6505
Philadelphia Woods$919$6256
Westwood$950$7953
Little Richmond$976$7506
Fairview$987$62510
Hillcrest$1,000$59910

Cheapest Available Dayton Apartments for Rent

 

The cheapest available apartment rental in Dayton, OH is a 5 Beds unit found at Prime at Wright Apartments and Townhomes in the Faircreek Ridge neighborhood priced from $540. Burlington Woods - Chateaux L'Aiglon in the Outer Centerville Kettering neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prime at Wright Apartments and Townhomes5 Bed 3 Bath Apt with Shared Bath5BR,3BA$540
Burlington Woods - Chateaux L'AiglonStudioStudio,1BA$650
AmhurstBristolStudio,1BA$665
Dean Place ApartmentsStudioStudio,1BA$680
Arlington Village1 Bedroom1BR,1BA$689
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR,1BA$700
320 GraftonStudioStudio,1BA$700

Best Value Apartments for Rent in Dayton, OH

As of December 28, 2025 the best value apartment in the 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 Dayton apartment is the Furnished Apartment Model at Prime at Wright Apartments and Townhomes starting at $650 with a $0.44 price per square foot in the Faircreek Ridge neighborhood. Here is today’s list of the best values for Dayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Prime at Wright Apartments and TownhomesFurnished Apartment4BR,3BA$0.44
Prime at Uptown Apartments and Townhomes2BD 1.5 Bath Townhome-Deluxe2BR,1.5BA$0.95
3653 Karwin Dr, Unit 36533653 Karwin Dr2BR,1BA$0.64
108 E Norman Ave, Unit 3108 E Norman Ave2BR,1BA$0.93
Breckenridge Apartments2BD 1BA2BR,1BA$0.96
4709 Croftshire Dr, Unit 3A4709 Croftshire Dr2BR,1BA$0.94
Audubon Crossing1 Bedroom1BR,1BA$0.91
Timberlake ApartmentsAugustine2BR,1BA$0.92
1116 W Grand Ave, Unit Apartment #11116 W Grand Ave1BR,1BA$0.82

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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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.

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Quick Rent Budget Calculator

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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!

Explore Dayton, OH Rentals by Map

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Dayton, OH Area Reviews

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Kim • 1+ 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 Dayton

What type of rentals are currently available in Dayton?

There are currently 2040 Apartments for Rent in Dayton, OH with pricing that ranges from $540 to $4,055. There are also 374 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dayton ranging from $595 to $3,995.

What is the current price range for Rental Homes in Dayton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dayton ranges from $595 to $3,995 with an average monthly rent of $1,598.

How much are larger Three and Four Bedroom Rentals in Dayton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Dayton range from $575 to $4,055, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,600. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $540.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.