Cheap Apartments for Rent in Lima, NY from $700 (24 Rentals)

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

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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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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Burdick Estates
1 to 2 Bedroom Apartments

Burdick Estates

3333 Rochester RdLakeville, NY 14480

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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Showing Results 1-24, Page 1 of 1

Lima, NY Local Guide

Cheapest Available Lima Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lima, NY is a 2 Beds unit found at Parklawn Apartment Homes priced from $1,031. Wedgewood West in the Outer Brighton Fairport neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Lima apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parklawn Apartment HomesParklawn Apartment Homes- WAITLIST ONLY2BR,1BA$1,031
Wedgewood West0x1S1WWStudio,1BA$1,100
Clearview Farms Apartments1 Bed 1 Bath | Classic1BR,1BA$1,400
Bennington Hills ApartmentsHomeplan A1BR,1BA$1,406
Riverton Knolls Apartment and TownhomesOne Bedroom - 702 sqft1BR,1BA$1,460

Best Value Apartments for Rent in Lima, NY and Nearby

As of April 29, 2026 the best value apartment in the Lima area is the $2.08 price per square foot Saratoga (Townhome) Model at Fairview at Town Center Apartment Homes in the in the Webster neighborhood starting from $2,600. The second greatest value Lima apartment is the Two Bedroom 2 Bath- 1165 sqft Model at Auburn Creek Apartment Homes starting at $1,940 with a $1.67 price per square foot in the Victor Farmington neighborhood. Here is today’s list of the best values for Lima apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairview at Town Center Apartment HomesSaratoga (Townhome)2BR,2BA$2.08
Auburn Creek Apartment HomesTwo Bedroom 2 Bath- 1165 sqft2BR,2BA$1.67
Lehigh Park Townhouses & Apartments2-Bedroom, 2-Bath Apartment Homes2BR,2BA$1.84
Westbrooke Commons Apartments and TownhomesThe Marketplace2BR,1.5BA$1.48
Henrietta Highlands Apartment HomesTwo Bedroom - 1,050 sqft2BR,1BA$1.40
Parklawn Apartment HomesParklawn Apartment Homes- WAITLIST ONLY2BR,1BA$1.29
Pinebrooke ApartmentsThe Hemlock1BR,1BA$1.94
Clearview Farms Apartments1 Bed 1 Bath | Classic1BR,1BA$1.87
Bennington Hills ApartmentsHomeplan A1BR,1BA$1.93
Riverton Knolls Apartment and TownhomesOne Bedroom - 702 sqft1BR,1BA$2.08

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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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Location, Location, Location!

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Frequently Asked Questions about Cheap Lima Apartments

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

The lowest price for a Cheap One Bedroom Lima Apartment is $1,300 at Wedgewood West.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lima is starting from $1,031 at Parklawn Apartment Homes.

What is the most affordable Lima Three Bedroom Apartment?

The best deal on a cheap Lima Three Bedroom Apartment rental is at Wedgewood West and starts from $1,550.

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 Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent article

Beyond the Finger Lakes: Unveiling Rochester's 7 Best-Value Neighborhoods to Rent

Written by: Patrick Ryan

There has never been a better time to live in Rochester.  Also known as the Young Lion of the West and Flower City, Rochester is an underrated living space within the gorgeous Finger Lakes region.

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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.

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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.

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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.