Cheap Apartments for Rent in the McPherson Neighborhood of Dayton, OH from $300 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the McPherson area of Dayton.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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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McPherson, Dayton, OH Local Guide

Cheapest Available McPherson Apartments for Rent

 

The cheapest available apartment rental in the McPherson area of Dayton, OH is a Studio unit found at Chamberlain I & II Apartments priced from $650. 320 Grafton has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable McPherson apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
320 GraftonStudioStudio,1BA$700
Rockwood ApartmentsStudio C, LStudio,1BA$700
Flyer Pointe1 Bedroom - Medium1BR,1BA$739
Executive House1 Bedroom standard1BR,1BA$775
Audubon Crossing1 Bedroom1BR,1BA$790

Best Value Apartments for Rent in McPherson, OH

As of December 10, 2025 the best value apartment in the McPherson 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 McPherson apartment is the 3d Model at Stratford House starting at $1,599 with a $0.98 price per square foot in the Downtown Dayton neighborhood. Here is today’s list of the best values for McPherson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grafton HouseTwo Bedroom Two Bathroom2BR,2BA$0.89
Stratford House3d3BR,2BA$0.98
The Livery1x11BR,1BA$0.99
108 E Norman Ave, Unit 3108 E Norman Ave2BR,1BA$0.93
803 Uhrig Ave, Unit Apartment #2803 Uhrig Ave2BR,1BA$0.70
SWA - 2308 Wayne Ave.2BR/1.0BA2BR,1BA$0.95
727 W Fairview Ave, Unit 1727 W Fairview Ave2BR,1BA$0.78
Audubon Crossing1 Bedroom1BR,1BA$0.91
2112 Catalpa Dr, Unit 22112 Catalpa Dr1BR,1BA$1.00
203 Ryburn Ave, Unit 1203 Ryburn Ave1BR,1BA$1.00

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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Pet Friendly Lifestyle
Mcpherson, Dayton, OH

Ranked #13

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mcpherson, Dayton, OH

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Ohio, including Dayton. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the McPherson Neighborhood in Dayton, OH

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

87 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap McPherson Apartments

What is the Cheapest Studio apartment in McPherson?

Currently the most affordable Cheap Studio Apartment in McPherson is at Chamberlain I & II Apartments listed at $650.

How much is rent for a Cheap One Bedroom McPherson Apartment?

The lowest price for a Cheap One Bedroom McPherson Apartment is $720 at Chamberlain I & II Apartments.

What is the lowest price for a Cheap Two Bedroom McPherson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in McPherson is starting from $900 at SWA - 2308 Wayne Ave..

What is the most affordable McPherson Three Bedroom Apartment?

The best deal on a cheap McPherson Three Bedroom Apartment rental is at Stratford House and starts from $1,599.

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!