Cheap Homes for Rent in the McPherson Neighborhood of Dayton, OH from $600 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 17 Maylan Dr

$685 - $700

1 Bedroom Rentals

Available Now

17 Maylan Dr

DaytonOH45405

Dayton's Best Affordable Neighborhoods

Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
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

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.

Read Article
property at 466 Allwen Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

466 Allwen Dr

DaytonOH45406

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
property at 2116 Wayne Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

2116 Wayne Ave

DaytonOH45410
Showing Results 1-27, Page 1 of 1

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 1 Bed 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 ApartmentsS31BR,1BA$650
320 GraftonStudioStudio,1BA$700
2334-2338 Davue Cir1 Beds, 1 Baths1BR,1BA$750
Audubon Crossing1 Bedroom1BR,1BA$790
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795
Apartments at 310 Superior1 Bedroom 1 Bathroom1BR,1BA$875
1067 Salem Ave2 Beds, 1.5 Baths2BR,1BA$880

Best Value Apartments for Rent in McPherson, OH

As of July 22, 2026 the best value apartment in the McPherson area is the $0.93 price per square foot Two Bedroom Two Bathroom Model at Grafton House in the in the Downtown Dayton neighborhood starting from $1,674. The second greatest value McPherson apartment is the 2 BD D,K,A,N Model at Rockwood Apartments starting at $1,025 with a $0.93 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$0.93
Rockwood Apartments2 BD D,K,A,N2BR,2BA$0.93
1067 Salem Ave2 Beds, 1.5 Baths2BR,1.5BA$0.80
The Flight2 Bed / 2 Bath2BR,2BA$0.91
108 E Norman Ave108 E Norman Ave2BR,1BA$0.99
Audubon Crossing2 Bedroom2BR,1BA$1.08
128 Pointview Ave, Unit 128.5128 Pointview Ave2BR,1BA$0.97
118 Linden Ave, Unit Lower118 Linden Ave1BR,1BA$0.94
341 Park Dr, Unit 341A Park Drive341 Park Dr1BR,1BA$1.20
1116 W Grand Ave1116 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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mcpherson, Dayton, OH

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Mcpherson, Dayton, OH

School data provided by Great Schools

Frequently Asked Questions about McPherson

What type of rentals are currently available in McPherson?

There are currently 603 Apartments for Rent in McPherson, OH with pricing that ranges from $650 to $4,200. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in McPherson ranging from $650 to $2,800.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in McPherson ranges from $650 to $2,800 with an average monthly rent of $1,331.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in McPherson range from $945 to $3,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $750.

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

decorative image for Learn About the Top Affordable Neighborhoods to Rent in Dayton, OH article

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.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.