Cheap Homes for Rent in Dayton, OH from $500 (79 Rentals)

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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Dayton, OH Local Guide

Cheapest Neighborhoods for Apartments in Dayton, OH

Pricing Updated: 07/25/2025

Current apartment rentals in the Dayton, OH area range in price from $540 to $5,269 with an overall median price of $1,594. The three Dayton neighborhoods with the lowest median rent pricing are Fairlane at $700, Pineview at $700, and Westwood at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Dayton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairlane$700$7001
Pineview$700$7001
Westwood$800$7003
Westwood Montgomery$850$7004
College Hill$872$75011
Philadelphia Woods$872$6258
Residence Park$875$7006
Greenwich Village$887$70015
Outer Central West$887$7506
Little Richmond$900$7704

Cheapest Available Dayton Apartments for Rent

 

The cheapest available apartment rental in Dayton, OH is a 3 Beds unit found at Prime at Wright Apartments and Townhomes in the Faircreek Ridge neighborhood priced from $575. Churchill Manor in the Medway Enon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Dayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prime at Wright Apartments and Townhomes3 Bed 1.5 Bath TH3BR,1BA$575
Churchill Manor1BR/1BA1BR,1BA$675
4644 Burkhardt Ave1 Bedroom, 1 Bathroom1BR,1BA$700
Wright Landing Apartment1 bed/ 1 bath1BR,1BA$700
310-316 Superior Ave1 Bedroom 1 Bathroom1BR,1BA$725
Orchard GlenStudioStudio,1BA$725
Dean Place ApartmentsStudioStudio,1BA$725
Van Buren Village1 Bedroom1BR,1BA$729
Arlington Village1 Bedroom1BR,1BA$749
Colonial CourtOne bedroom apartment1BR,1BA$750

Best Value Apartments for Rent in Dayton, OH

As of July 25, 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 4 Bed 2 Bath Apt Model at Prime at Wright Apartments and Townhomes starting at $540 with a $0.36 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 Townhomes4 Bed 2 Bath Apt4BR,2BA$0.36
134 Cross St, Unit 2134 Cross St3BR,1BA$0.88
Revere Village ApartmentsThe Thomas Jefferson: 2 Bed, 2.5 Bath Townhome2BR,2.5BA$0.93
The Province3 Bedroom 3 Bathroom3BR,3BA$0.96
The Flight2 Bed / 2 Bath2BR,2BA$0.98
58 W Nottingham Rd, Unit 358 W Nottingham Rd1BR,1BA$0.80
Timberlake ApartmentsAugustine2BR,1BA$0.92
1610 Woodman Drive2BR/1.0BA2BR,1BA$0.88
2715 Riverside Dr, Unit B2715 Riverside Dr2BR,1BA$0.99

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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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 2013 Apartments for Rent in Dayton, OH with pricing that ranges from $540 to $5,269. There are also 257 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dayton ranging from $287 to $3,500.

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 $287 to $3,500 with an average monthly rent of $1,461.

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 $5,269, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $540.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.