168 Sackett Rd
AvonNY14414
Cheap Homes for Rent in Lima, NY from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.
50 2nd St
GeneseoNY14454
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.
10 French Rd
RochesterNY14618
508 1/2 Garfield St
East RochesterNY14445
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.
14 Elm St
BloomfieldNY14469
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Lima, NY Local Guide
Lima Village Historic District by Lvklock is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Lima?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lima 2 Bedroom Homes for Rent | $2,305 | $1,800 | $2,750 |
| Lima 3 Bedroom Homes for Rent | $2,557 | $1,450 | $5,500 |
| Lima 4 Bedroom Homes for Rent | $2,943 | $1,400 | $4,895 |
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Lima, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parklawn Apartment Homes | Parklawn Apartment Homes- WAITLIST ONLY | 2BR,1BA | $1,031 |
| Wedgewood West | 0x1S1WW | Studio,1BA | $1,100 |
| Clearview Farms Apartments | 1 Bed 1 Bath | Classic | 1BR,1BA | $1,400 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairview at Town Center Apartment Homes | Saratoga (Townhome) | 2BR,2BA | $2.08 |
| Auburn Creek Apartment Homes | Two Bedroom 2 Bath- 1165 sqft | 2BR,2BA | $1.67 |
| Lehigh Park Townhouses & Apartments | 2-Bedroom, 2-Bath Apartment Homes | 2BR,2BA | $1.84 |
| Westbrooke Commons Apartments and Townhomes | The Marketplace | 2BR,1.5BA | $1.48 |
| Henrietta Highlands Apartment Homes | Two Bedroom - 1,050 sqft | 2BR,1BA | $1.40 |
| Parklawn Apartment Homes | Parklawn Apartment Homes- WAITLIST ONLY | 2BR,1BA | $1.29 |
| Pinebrooke Apartments | The Hemlock | 1BR,1BA | $1.94 |
| Clearview Farms Apartments | 1 Bed 1 Bath | Classic | 1BR,1BA | $1.87 |
| Bennington Hills Apartments | Homeplan A | 1BR,1BA | $1.93 |
| Riverton Knolls Apartment and Townhomes | One Bedroom - 702 sqft | 1BR,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.
Read Article
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 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 ArticleCash 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.
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.
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Explore Lima, NY Rentals by Map
See the most popular apartments and homes in Lima, NY
Frequently Asked Questions about Lima
What type of rentals are currently available in Lima?
There are currently 46 Apartments for Rent in Lima, NY with pricing that ranges from $880 to $4,455. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $1,400 to $5,500.
What is the current price range for Rental Homes in Lima?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lima ranges from $1,400 to $5,500 with an average monthly rent of $2,601.
How much are larger Three and Four Bedroom Rentals in Lima?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lima range from $1,550 to $4,455, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $2,982.
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
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.
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.