Cheap Homes for Rent in McPherson Neighborhood of Dayton, OH from $500 (20 Rentals)

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

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.

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.

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.

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 Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable McPherson apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Chamberlain I & II ApartmentsS3Studio,1BA$650
320 Grafton Ave1 Bedroom1BR,1BA$725
Audubon Crossing1 Bedroom1BR,1BA$790
Rockwood Apartments1 BD J1BR,1BA$795
Riverstone ApartmentsConveniently located 1 BD 1 BA apartments! off ...1BR,1BA$795

Best Value Apartments for Rent in McPherson, OH

As of October 02, 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 132 Cross St Model at 132 Cross St, Unit 132 starting at $1,300 with a $0.88 price per square foot in the McPherson 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
132 Cross St, Unit 132132 Cross St3BR,1BA$0.88
220 Rockwood Ave, Unit 220 Rockwood220 Rockwood Ave3BR,1BA$0.76
56 S Horton St, Unit 5656 S Horton St2BR,1BA$0.73
The Flight2 Bed / 2 Bath2BR,2BA$0.97
The Livery1x11BR,1BA$0.99
Audubon Crossing1 Bedroom1BR,1BA$0.91
2715 Riverside Dr, Unit B2715 Riverside Dr2BR,2BA$1.03
547 Wyoming St, Unit 547547 Wyoming St1BR,1BA$0.97
603 Rockford Ave, Unit 1603 Rockford Ave1BR,1BA$0.80

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mcpherson, Dayton, OH

Ranked #24

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about McPherson

What type of rentals are currently available in McPherson?

There are currently 616 Apartments for Rent in McPherson, OH with pricing that ranges from $600 to $3,760. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in McPherson ranging from $595 to $2,995.

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 $595 to $2,995 with an average monthly rent of $1,308.

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 $850 to $3,406, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $940.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.