
Cheap Homes for Rent in Elyria, OH from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Elyria.


411 9th St

4461 Oberlin Ave

14 E Erie Ave

410 W 14th St

1323 Massachusetts Ave

942 S Central Dr
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.

2522 E 39th St

3009 Pearl Ave

1818 E 42nd St

3502 Lowell Ave

240 Cherry Bottom Glen

116 Water St

165 Bellfield 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.

1911 E 34th St

1777 E 37th St, Unit 1777

345 Harvard Ave, Unit Eastern Heights - Elyria, OH

2709 Fackler Ave

2056 Mc Kinley Ave

1818-1818 E 29th St

533 Bon Air Ave
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.

313 Barres Ln
Elyria, OH Local Guide

How much does it cost to rent a home in Elyria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elyria 2 Bedroom Homes for Rent | $1,304 | $825 | $3,000 |
| Elyria 3 Bedroom Homes for Rent | $1,624 | $1,034 | $3,200 |
| Elyria 4 Bedroom Homes for Rent | $4,119 | $1,500 | $10,000+ |
| Elyria 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Elyria
Explore Elyria
Elyria, OH Local Guide
- Elyria Neighborhoods
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Cheapest Neighborhoods for Apartments in Elyria, OH
Pricing Updated: 06/30/2026Current apartment rentals in the Elyria, OH area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elyria Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Elyria | $952 | $800 | 5 |
Cheapest Available Elyria Apartments for Rent
 The cheapest available apartment rental in Elyria, OH is a Studio unit found at Arbor Grove Lorain priced from $789. Foxes' Lair Apartments in the North Elyria neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here is today’s list of the most affordable Elyria apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $810 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $875 |
| The Alba Apartments | Alba 1BR | 1BR,1BA | $895 |
| Condor Garden Apartments | 2 Bedroom | 2BR,1BA | $895 |
Best Value Apartments for Rent in Elyria, OH
As of July 01, 2026 the best value apartment in the Elyria area is the $1.23 price per square foot The Willow Model at The Preserve at French Creek in the in the Bentley Park neighborhood starting from $1,975. The second greatest value Elyria apartment is the Villa Model at Waterford Luxury Apartments & Villas starting at $2,300 with a $1.44 price per square foot in the Bentley Park neighborhood. Here is today’s list of the best values for Elyria apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Preserve at French Creek | The Willow | 2BR,2BA | $1.23 |
| Waterford Luxury Apartments & Villas | Villa | 2BR,2BA | $1.44 |
| Redwood Amherst | Meadowood | 2BR,2BA | $1.53 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.85 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.49 |
| Pinegrove Apartments | 129 David Drive | 2BR,1BA | $1.06 |
| 780 Oberlin Elyria Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.15 |
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $1.17 |
| Condor Garden Apartments | 2 Bedroom | 2BR,1BA | $1.17 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
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 ArticleReal 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 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.
Elyria, OHPopulation: 53,881
Ranked #726
in US Census Population by City
Best Local Schools in Elyria, OH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elyria, OH Rentals by Map
See the most popular apartments and homes in Elyria, OH
Frequently Asked Questions about Elyria
What type of rentals are currently available in Elyria?
There are currently 122 Apartments for Rent in Elyria, OH with pricing that ranges from $595 to $2,800. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elyria ranging from $749 to $11,000.
What is the current price range for Rental Homes in Elyria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elyria ranges from $749 to $11,000 with an average monthly rent of $2,221.
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.
Helpful Local Expert Guides

A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Sandy Baker
Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland
Written by: Sandy Baker
Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland
Written by: Sandy Baker
If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture
Written by: Sandy Baker
Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.
Articles, How-To's, and Tips

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.

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.

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.

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.