Cheap Homes for Rent in Dayton, OH from $500 (149 Rentals)

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Search the lowest-cost Homes available for rent right now in Dayton.

property at 17 Maylan Dr

$685 - $700

1 Bedroom Rentals

Available Now

17 Maylan Dr

DaytonOH45405

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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property at 628 W Norman Ave

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

2 Bedroom, 1 Bath Townhome for Rent

Available Now

628 W Norman Ave

DaytonOH45406

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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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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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Dayton, OH Local Guide

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 07/03/2026

Current apartment rentals in the Dayton, OH area range in price from $500 to $6,160 with an overall median price of $1,963. The three Dayton neighborhoods with the lowest median rent pricing are Springfield at $550, Santa Clara at $650, and Walnut Hills Montgomery at $679. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Springfield$875$5503
Santa Clara$945$6504
Walnut Hills Montgomery$975$6795
North Riverdale$985$6007
Little Richmond$1,099$7257
Wright View$1,100$50020
Walnut Hills$1,145$64043
Eastern Hills$1,149$50027
Arlington Heights Montgomery$1,150$65018
Cornell Heights$1,150$60061

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 & Townhomes in the Faircreek Ridge neighborhood priced from $560. Chamberlain I & II Apartments in the Downtown Dayton neighborhood has the second lowest priced unit, which is a 1 Bed 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 & Townhomes5 Bed 3 Bath Apt with Shared Bath5BR,3BA$560
Chamberlain I & II ApartmentsS21BR,1BA$650
270 E Nottingham Rd1 Beds, 1 Baths1BR,1BA$650
113 Niagara Ave1 Beds, 1 Baths1BR,1BA$650
Dean Place ApartmentsStudioStudio,1BA$680
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR,1BA$700
Wright Landing Apartments1 bed/ 1 bath1BR,1BA$700
320 GraftonStudioStudio,1BA$700

Best Value Apartments for Rent in Dayton, OH

As of July 03, 2026 the best value apartment in the Dayton area is the $0.29 price per square foot 5 Bed 3 Bath Apt with Shared Bath Model at Prime at Wright Apartments & Townhomes in the in the Faircreek Ridge neighborhood starting from $560. The second greatest value Dayton apartment is the 2312 Davue Cir Model at 2312 Davue Cir, Unit Unit 2 starting at $900 with a $0.69 price per square foot in the Grafton Hill 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.
Prime at Wright Apartments & Townhomes5 Bed 3 Bath Apt with Shared Bath5BR,3BA$0.29
2312 Davue Cir, Unit Unit 22312 Davue Cir2BR,1BA$0.69
Chestnut Woods Apartments2 Beds, 2 Baths2BR,2BA$0.80
1067 Salem Ave2 Beds, 1.5 Baths2BR,1.5BA$0.82
99 Bennington Dr, Unit 10199 Bennington Dr2BR,1BA$0.68
3653 Karwin Dr3653 Karwin Dr2BR,1BA$0.64
The Flight2 Bed / 2 Bath2BR,2BA$0.91
11 Gilbert Ave, Unit 11B11 Gilbert Ave1BR,1BA$0.69
113 Niagara Ave1 Beds, 1 Baths1BR,1BA$0.67
802 Uhrig Ave802 Uhrig Ave2BR,1BA$0.78

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

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!

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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 2016 Apartments for Rent in Dayton, OH with pricing that ranges from $500 to $6,160. There are also 281 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dayton ranging from $550 to $5,995.

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 $550 to $5,995 with an average monthly rent of $1,663.

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 $600 to $6,160, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $610.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.