Cheap Apartments for Rent in the Walnut Hills Neighborhood of Dayton, OH from $500 (20 Rentals)

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

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Twin Towers Place
Studio to 2 Bedroom Apartments

Twin Towers Place

250 Allen StDayton, OH 45410
Senior Living
  • Utilities Included

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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Medford Apartments
2 Bedroom Apartments

Medford Apartments

275 Medford StDayton, OH 45410
  • Utilities Included
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Cheapest Available Walnut Hills Apartments for Rent

 

The cheapest available apartment rental in the Walnut Hills area of Dayton, OH is a Studio unit found at Dean Place Apartments priced from $680. Flyer Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $779. Here are the most affordable Walnut Hills apartments for rent in Dayton, OH:

Apartment ListingModel NameBed/BathPriced From
Dean Place ApartmentsStudioStudio,1BA$680
Flyer Pointe1 Bedroom - Large1BR,1BA$779
Wilmington Pointe1 Bed/1 Bath North1BR,1BA$790
Lakeshore PlaceThe Willow1BR,1BA$810
Wyoming HillsCliffside2BR,1BA$910

Best Value Apartments for Rent in Walnut Hills, OH

As of December 29, 2025 the best value apartment in the Walnut Hills area is the $1.04 price per square foot Cliffside Model at Wyoming Hills in the in the Oregon neighborhood starting from $910. The second greatest value Walnut Hills apartment is the 2 Bedroom Model at Dean Place Apartments starting at $895 with a $1.12 price per square foot in the Patterson Park neighborhood. Here is today’s list of the best values for Walnut Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wyoming HillsCliffside2BR,1.5BA$1.04
Dean Place Apartments2 Bedroom2BR,1BA$1.12
545 Wyoming St, Unit 545 Wyoming street545 Wyoming St1BR,1BA$0.97
1319 Chardon Ct, Unit Unit D1319 Chardon Ct1BR,1BA$1.04
1315 Chardon Ct, Unit D1315 Chardon Ct1BR,1BA$1.14
Lakeshore PlaceThe Aspen (Renovated)1BR,1BA$1.40
Flyer Pointe1 Bedroom - Large1BR,1BA$1.24
The View at Dayton TowersThe ParkStudio ,1BA$1.83
Wilmington Pointe1 Bed/1 Bath North1BR,1BA$1.39
The EchelonThe Cabin1BR,1BA$2.13

Frequently Asked Questions about Cheap Walnut Hills Apartments

What is a cheap apartment in Walnut Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Hills is under $965.

What is the price of a cheap apartment in Walnut Hills?

The cheapest apartment in Walnut Hills is Flyer Pointe which is listed at $779, while the average apartment in Walnut Hills costs $1,150.

What types of apartments are the cheapest in Walnut Hills?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Walnut Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Walnut Hills?

Cheap apartments in Walnut Hills have an average cost of $184 which is $966 cheaper than the average rent for all rentals in Walnut Hills.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.