
Cheap Homes for Rent in McPherson Neighborhood of Dayton, OH from $500 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the McPherson area of Dayton.


134 College St

113 Niagara Ave

51 Marie Ave, Unit 1

17 Maylan Dr

246 Basswood Ave

65 E Maplewood Ave
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.

411 Baltimore St

475 W Grand Ave

302 W Grand Ave, Unit 2

510-512 Baltimore St, Unit 512

136 Lexington Ave, Unit 1

37-39 E Helena St

212 E Bruce Ave
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.

3 Edgar Ave

1501 Riverside Dr

219 Victor Ave, Unit 2

3043 Idylwilde Blvd

19 Ridge Ave, Unit 21

22 Emmet St

628 W Norman Ave
Dayton's Best Affordable Neighborhoods
Learn about Dayton and the best places to live with original content written by our Local Expert Kim Mooneyham

410 E Bruce Ave

65 Little St

912 Riverview Terrace, Unit 912 UPPER

126 Edgar Ave

517 Kenilworth Ave

170 Alton Ave

1515 Wyoming St
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.

613 Taylor St
McPherson, Dayton, OH Local Guide

How much does it cost to rent a home in McPherson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McPherson 2 Bedroom Homes for Rent | $1,029 | $500 | $1,500 |
| McPherson 3 Bedroom Homes for Rent | $1,219 | $950 | $1,600 |
| McPherson 4 Bedroom Homes for Rent | $1,721 | $1,125 | $2,700 |
| McPherson 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the McPherson Neighborhood of Dayton, OH.
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McPherson, Dayton, OH Local Guide
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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. 2308 Wayne Avenue Dayton 45420 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable McPherson apartments for rent in Dayton, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chamberlain I & II Apartments | S3 | 1BR,1BA | $650 |
| 2308 Wayne Avenue Dayton 45420 | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| 320 Grafton | Studio | Studio,1BA | $750 |
| Executive House | 1 Bedroom standard | 1BR,1BA | $775 |
| Audubon Crossing | 1 Bedroom | 1BR,1BA | $790 |
| Rockwood Apartments | 1 BD I & M | 1BR,1BA | $795 |
Best Value Apartments for Rent in McPherson, OH
As of April 09, 2026 the best value apartment in the McPherson area is the $0.21 price per square foot 48 Richmond Ave Model at 48 Richmond Ave, Unit 48 Richmond ave in the in the Downtown Dayton neighborhood starting from $1,100. The second greatest value McPherson apartment is the Two Bedroom Two Bathroom Model at Grafton House starting at $1,600 with a $0.89 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 48 Richmond Ave, Unit 48 Richmond ave | 48 Richmond Ave | 2BR,1.5BA | $0.21 |
| Grafton House | Two Bedroom Two Bathroom | 2BR,2BA | $0.89 |
| 86 Vine St, Unit 86 | 86 Vine St | 2BR,1BA | $1.10 |
| 108 E Norman Ave | 108 E Norman Ave | 2BR,1BA | $0.99 |
| 803 Uhrig Ave, Unit Apartment #4 | 803 Uhrig Ave | 2BR,1BA | $0.80 |
| 1328 St Adalbert Ave, Unit 3 | 1328 St Adalbert Ave | 2BR,1BA | $1.08 |
| Audubon Crossing | 1 Bedroom | 1BR,1BA | $0.91 |
| 2715 Riverside Dr, Unit D | 2715 Riverside Dr | 1BR,1BA | $0.85 |
| 250 E Beechwood Ave, Unit 1 | 250 E Beechwood Ave | 1BR,1BA | $0.93 |
| 118 Linden Ave, Unit Lower | 118 Linden Ave | 1BR,1BA | $1.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMcpherson, Dayton, OH
Ranked #19
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 612 Apartments for Rent in McPherson, OH with pricing that ranges from $650 to $4,200. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in McPherson ranging from $500 to $2,700.
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 $500 to $2,700 with an average monthly rent of $1,573.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.