Cheap Homes for Rent in Dayton, OH from $500 (130 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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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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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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Dayton, OH Local Guide

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 12/17/2025

Current apartment rentals in the Dayton, OH area range in price from $540 to $3,821 with an overall median price of $1,403. The three Dayton neighborhoods with the lowest median rent pricing are Walnut Hills Montgomery at $679, Stoney Ridge at $800, and Linden Heights at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walnut Hills Montgomery$825$6795
Stoney Ridge$875$8005
Linden Heights$910$6957
Philadelphia Woods$919$6257
Arlington Heights$950$9503
Fairlane$950$8504
Highview Hills$950$8005
Pineview$950$5757
Westwood$950$8502
Little Richmond$975$7508

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. Chamberlain I & II Apartments in the Downtown Dayton 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
Chamberlain I & II ApartmentsS3Studio,1BA$650
Burlington Woods - Chateaux L'AiglonStudioStudio,1BA$650
Dean Place ApartmentsStudioStudio,1BA$680
Arlington Village1 Bedroom1BR,1BA$699
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR,1BA$700
320 GraftonStudioStudio,1BA$700

Best Value Apartments for Rent in Dayton, OH

As of December 17, 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
803 Uhrig Ave, Unit Apartment #2803 Uhrig Ave2BR,1BA$0.70
108 E Norman Ave, Unit 3108 E Norman Ave2BR,1BA$0.93
Breckenridge Apartments2BD 1BA2BR,1BA$0.96
SWA - 2308 Wayne Ave.2BR/1.0BA2BR,1BA$0.95
4709 Croftshire Dr, Unit 3A4709 Croftshire Dr2BR,1BA$0.94
Audubon Crossing1 Bedroom1BR,1BA$0.91
Timberlake ApartmentsAugustine2BR,1BA$0.92
515 East Dr, Unit #4515 East Dr2BR,1BA$0.94

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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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 2043 Apartments for Rent in Dayton, OH with pricing that ranges from $540 to $3,821. There are also 370 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 $1,541.

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 $3,821, 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 $700 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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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.

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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!