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


4461 Oberlin Ave

1444 W River Rd N

1448 W River Rd N

136 Fox Hill Ln

128 Fox Hill Ln
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330 W 17th St

3009 Pearl Ave

212 Gates Ave

116 Water St

1911 E 34th St

1967 E 42nd St
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215 Cedar Brook Dr
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 | $1,000 | $950 | $1,050 |
| Elyria 3 Bedroom Homes for Rent | $1,413 | $950 | $2,200 |
| Elyria 4 Bedroom Homes for Rent | $2,191 | $1,250 | $2,900 |
| Elyria 5 Bedroom Homes for Rent | $2,350 | $1,500 | $3,200 |
| Elyria 6 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
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Explore Elyria
Elyria, OH Local Guide
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Cheapest Neighborhoods for Apartments in Elyria, OH
Pricing Updated: 08/15/2026Current apartment rentals in the Elyria, OH area range in price from $725 to $1,800 with an overall median price of $1,384. 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 | $1,384 | $725 | 6 |
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 |
| Pinegrove Apartments | 129 David Drive | 2BR,1BA | $900 |
Best Value Apartments for Rent in Elyria, OH
As of August 15, 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 | $0.94 |
| 780 Oberlin Elyria Rd | 2 Beds, 1 Baths | 2BR,1BA | $1.15 |
| Pinegrove Apartments | 129 David Drive | 2BR,1BA | $1.06 |
| Sunset Townhouses | 2 Bed Townhome | 2BR,1BA | $1.17 |
| Condor Garden Apartments | 2 Bedroom | 2BR,1BA | $1.19 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| Rosewood Park Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.56 |
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.
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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 123 Apartments for Rent in Elyria, OH with pricing that ranges from $595 to $2,800. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elyria ranging from $725 to $3,200.
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 $725 to $3,200 with an average monthly rent of $1,416.
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.
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