
Cheap Homes for Rent in Elyria, OH from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Elyria.


2907 Oakwood Ave

229 Gates Ave

1309 Middle Ave

1846 E 42nd St

2917 Apple 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.

362 Furnace St

283 Abbe Rd N

105 Brenthaven St

513 E 33rd St

123 Cascade St

120 Kenny Brook Ln
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.

2348 E 37th St
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 | $1,059 | $875 | $1,450 |
| Elyria 3 Bedroom Homes for Rent | $1,310 | $950 | $2,400 |
| Elyria 4 Bedroom Homes for Rent | $1,730 | $1,195 | $2,700 |
| Elyria 5 Bedroom Homes for Rent | $1,713 | $1,713 | $1,713 |
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: 11/07/2025Current 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 | $949 | $750 | 2 |
Cheapest Available Elyria Apartments for Rent
 The cheapest available apartment rental in Elyria, OH is a Studio unit found at Hampshire I Apartments in the South Elyria neighborhood priced from $625. Arbor Grove Lorain has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here is today’s list of the most affordable Elyria apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hampshire I Apartments | Studio | Studio,1BA | $625 |
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
| Oakwood Park Apartments | 1 Bedroom - Available Soon! | 1BR,1BA | $825 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $900 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1BA | $975 |
Best Value Apartments for Rent in Elyria, OH
As of November 07, 2025 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 North Ridgeville Meadow Lakes Blvd | Ledgewood | 2BR,2BA | $1.33 |
| Redwood Amherst | Meadowood | 2BR,2BA | $1.56 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.83 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.40 |
| 557 Ohio St, Unit Down | 557 Ohio St | 2BR,1BA | $1.21 |
| 38835 Yunker Ct, Unit 0 | 38835 Yunker Ct | 2BR,1BA | $0.89 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.61 |
| Oakwood Park Apartments | 1 Bedroom - Available Soon! | 1BR,1BA | $1.50 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
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 121 Apartments for Rent in Elyria, OH with pricing that ranges from $580 to $2,800. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elyria ranging from $720 to $2,700.
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 $720 to $2,700 with an average monthly rent of $1,309.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.