
Cheap Homes for Rent in Elyria, OH from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Elyria.


3 E Erie Ave

411 9th St

4461 Oberlin Ave

4747-47B6 Oberlin Ave
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.

2907 Oakwood Ave, Unit 1

0 Oakwood Ave, Unit unit 1

138 Mendel Ct

140 Middle Ave, Unit 203

1714 E 30th St
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.

3009 Pearl Ave

3502 Lowell Ave

1109 Euclid Ave

116 Water St

1911 E 34th St
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.
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 | $1,100 | $900 | $1,400 |
| Elyria 3 Bedroom Homes for Rent | $1,575 | $1,075 | $3,000 |
| Elyria 4 Bedroom Homes for Rent | $1,487 | $1,199 | $1,600 |
| Elyria 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
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: 05/16/2026Current 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 | $1,200 | $800 | 7 |
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 |
| Oakwood Park Apartments | 1 Bedroom | 1BR,1BA | $825 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $875 |
| The Alba Apartments | Alba 1BR | 1BR,1BA | $895 |
Best Value Apartments for Rent in Elyria, OH
As of May 16, 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 Acacia Model at Redwood Amherst starting at $2,624 with a $1.65 price per square foot in the Downtown Amherst 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 |
| Redwood Amherst | Acacia | 3BR,3BA | $1.65 |
| 601-605 Abbe Rd | 2 Bed/1.5 Bath | 2BR,1.5BA | $0.94 |
| Redwood Elyria | Fernwood | 2BR,2BA | $1.36 |
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $1.17 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.56 |
| Oakwood Park Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| The Alba Apartments | Alba 1BR | 1BR,1BA | $1.63 |
| Arbor Grove Lorain | Studio | Studio ,1BA | $1.86 |
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!
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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 124 Apartments for Rent in Elyria, OH with pricing that ranges from $595 to $2,800. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elyria ranging from $600 to $3,000.
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 $600 to $3,000 with an average monthly rent of $1,231.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.