Cheap Apartments for Rent in Elida, OH from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elida.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 2275 N Cable Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Condo for Rent

Available Now

2275 N Cable Rd, Unit 98

2275 N Cable Rd
LimaOH45807

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.

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property at 2275 N Cable Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 1 Bath Condo for Rent

Available Now

2275 N Cable Rd

LimaOH45807

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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Partridge Place
1 to 3 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included
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Apple Glen
1 to 3 Bedroom Apartments

Apple Glen

1116 Kear RdVan Wert, OH 45891
  • Utilities Included

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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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

1350 N Locust StOttawa, OH 45875
  • Utilities Included
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Arlington Place
2 Bedroom Apartments

Arlington Place

530 Degler StDefiance, OH 43512
  • Utilities Included
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No Availabilities
Studio to 2 Bedroom Apartments

No Availabilities

901 Fishlock AveFindlay, OH 45840
  • Utilities Included
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2311 N Main St
2 Bedroom Apartments

2311 N Main St

2311 N Main StFindlay, OH 45840
Corporate Housing
  • Utilities Included
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Normandy Ridge
2 to 3 Bedroom Apartments

Normandy Ridge

402 Ashland AveWapakoneta, OH 45895
  • Utilities Included

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.

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Elijah Parkway
1 to 2 Bedroom Apartments

Elijah Parkway

2941 Elijah PkyLima, OH 45805
Showing Results 1-43, Page 1 of 1

Elida, OH Local Guide

Cheapest Available Elida Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elida, OH is a Studio unit found at Town Square Senior Apartments - 62+ or HUD priced from $225. 1 Edgebrook Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Elida apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Square Senior Apartments - 62+ or HUDStudioStudio,1BA$225
1 Edgebrook Dr1 Bed 2 Story1BR,1BA$650
Partridge Place2 Bedroom Unit2BR,1BA$709
Apple Glen2 Bedroom Unit2BR,1BA$734
Royal Jameson1 Bedroom1BR,1BA$738
The Derrick House - All Utilities Included9 Bedroom House6BR,4BA$750
43 Town Square2 Bedroom2BR,1BA$770
Hillcrest Apartments1 Bedroom1BR,1BA$775
Wellington Place2 Bedroom Unit2BR,1BA$850
Mark Royal2 Bedroom2BR,1BA$880

Best Value Apartments for Rent in Elida, OH and Nearby

As of July 08, 2026 the best value apartment in the Elida area is the $0.31 price per square foot 9 Bedroom House Model at The Derrick House - All Utilities Included in the in the Hancock County neighborhood starting from $750. The second greatest value Elida apartment is the 3 Bedroom Model at 43 Town Square starting at $1,093 with a $0.78 price per square foot . Here is today’s list of the best values for Elida apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Derrick House - All Utilities Included9 Bedroom House6BR,4.5BA$0.31
43 Town Square3 Bedroom3BR,2BA$0.78
2563 W Market StMarket St.2BR,1BA$0.92
Partridge Place3 Bedroom Unit3BR,1.5BA$0.74
EAGLES POINT APARTMENTS3 Bedroom 1 Bathroom3BR,1BA$0.87
Blume LoftsBlume Lofts: 2 BD / 1 BA (Silver)2BR,1BA$1.20
Pike Run Village60%2BR,1BA$1.20
Wellington Place2 Bedroom Unit2BR,1.5BA$0.93
Apple Glen2 Bedroom Unit2BR,1BA$0.85
1 Edgebrook Dr1 Bed 2 Story1BR,1BA$1.08

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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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.

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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.

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Best Local Schools in
Elida, OH

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elida, OH Rentals by Map

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Frequently Asked Questions about Cheap Elida Apartments

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

The lowest price for a Cheap One Bedroom Elida Apartment is $650 at 1 Edgebrook Dr.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elida is starting from $709 at Partridge Place.

What is the most affordable Elida Three Bedroom Apartment?

The best deal on a cheap Elida Three Bedroom Apartment rental is at Partridge Place and starts from $751.

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 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.

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.