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Rent Specials
$225 - $851Studio to 1 Bedroom Apartments Available Now
Town Square Senior Apartments - 62+ or HUD
72 Town SqLima, OH 45801
Cheap Apartments for Rent in Lima, OH from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Lima.
1501 N West St
LimaOH45801
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$590 - $970Studio to 2 Bedroom Apartments Available Now
Mark Royal
901 W Market StLima, OH 45805
360 Jacobs Ave
LimaOH45801
1330 N Cole St, Unit 1330 Rear North Cole St.
1330 N Cole St
LimaOH45801
906 Daniels Ave
LimaOH45805
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$738 - $1,0051 to 2 Bedroom Apartments Available Now
Royal Jameson
139 N Jameson AveLima, OH 45805
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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$770 - $1,4131 to 3 Bedroom Apartments Available Now
43 Town Square
43 Town SqLima, OH 45801
340-340 1/2 Mcpheron Rd
LimaOH45801
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Studio to 2 Bedroom Apartments
Columbia Terrace
639 Columbia DrLima, OH 45805
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1 to 3 Bedroom Apartments
Shawnee Lofts
892 S Cable RdLima, OH 45805
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2 to 4 Bedroom Apartments
Country View
325 E 8th StLima, OH 45804
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1 to 2 Bedroom Apartments
The Charlestowne
2350 N Cole StLima, OH 45801
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1 to 2 Bedroom Apartments
Hampton Greene
400 S Mumaugh RdLima, OH 45804
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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Studio to 2 Bedroom Apartments
Andover Court
1050 Mackenzie DrLima, OH 45805
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1 to 2 Bedroom Apartments
Richelieu Apartments
1475 Edgewood DrLima, OH 45805
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2 Bedroom Apartments
Kimberly Apartments
2300 Kimberly DrLima, OH 45805
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2 to 3 Bedroom Apartments
Waterford Townhomes
524 Hope StLima, OH 45804
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1 to 3 Bedroom Apartments
Maplewood Apartments
531 Brower RdLima, OH 45801
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Studio to 2 Bedroom Apartments
Shawnee Terrace Arms
1720-1722 Shawnee RdLima, OH 45805
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2 to 3 Bedroom Apartments
Wilshire Place
1500 Deerfield DrLima, OH 45805
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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2 to 3 Bedroom Apartments
Brower Commons Apartments
2240 Molly AveLima, OH 45801
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1 to 3 Bedroom Apartments
The Vineyards
2370 N Cole StLima, OH 45801
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1 to 2 Bedroom Apartments
Spring Street Senior Lofts
656 W Spring StLima, OH 45801
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Studio to 1 Bedroom Apartments
The Moreland Manor
319 W North StLima, OH 45801
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1 to 2 Bedroom Apartments
The Barr Apartments
210 N Union StLima, OH 45801
43 N Steffin St
VersaillesOH45380
302 N Meridian St
PortlandIN47371
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.
130 1/2 Buttonwood Ave
Bowling GreenOH43402
239 Broadway
PiquaOH45356
Showing Results 1-30, Page 1 of 1
Lima, OH Local Guide
Public Square in downtown Lima by Nyttend is licensed under Internal
How much does it cost to rent an apartment in Lima?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lima Studio Apartments | $618 | $225 | $830 |
| Cheap Lima 1 Bedroom Apartments | $1,023 | $225 | $1,500 |
| Cheap Lima 2 Bedroom Apartments | $1,266 | $770 | $2,500 |
| Cheap Lima 3 Bedroom Apartments | $1,337 | $795 | $1,893 |
Browse Top Apartments in Lima
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Lima, OH Local Guide
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Cheapest Available Lima Apartments for Rent
The cheapest available apartment rental in Lima, OH is a 1 Bed unit found at Town Square Senior Apartments - 62+ or HUD priced from $225. Royal Jameson has the second lowest priced unit, which is a 1 Bed apartment currently listed from $738. Here is today’s list of the most affordable Lima apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Town Square Senior Apartments - 62+ or HUD | Studio | 1BR,1BA | $225 |
| Royal Jameson | 1 Bedroom | 1BR,1BA | $738 |
| 43 Town Square | 2 Bedroom | 2BR,1BA | $770 |
| Mark Royal | 2 Bedroom | 2BR,1BA | $880 |
| Elijah Parkway | One Bedroom | 1BR,1BA | $990 |
| Willow Lake | 1 Bed, 1 Bath - 627 Sq. Ft. | 1BR,1BA | $1,019 |
| 2563 W Market St | Market St. | 2BR,1BA | $1,100 |
| Metro Center | Single | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Lima, OH
As of June 12, 2026 the best value apartment in the Lima area is the $0.78 price per square foot 3 Bedroom Model at 43 Town Square in the starting from $1,093. The second greatest value Lima apartment is the Market St. Model at 2563 W Market St starting at $1,100 with a $0.92 price per square foot . 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. |
|---|---|---|---|
| 43 Town Square | 3 Bedroom | 3BR,2BA | $0.78 |
| 2563 W Market St | Market St. | 2BR,1BA | $0.92 |
| 320 N Collett St, Unit 320 | 320 N Collett St | 3BR,1BA | $1.21 |
| Northlake Village Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
| 309 N Elizabeth St, Unit Apt.D | 309 N Elizabeth St | 1BR,1BA | $1.40 |
| Emma Parkway Townhomes | 3866 Emma | 2BR,1BA | $1.66 |
| 504 S Shawnee St, Unit Studio Apt | 504 S Shawnee St | Studio ,1BA | $1.19 |
| Willow Lake | 1 Bed, 1 Bath - 627 Sq. Ft. | 1BR,1BA | $1.63 |
| Royal Jameson | 1 Bedroom | 1BR,1BA | $1.23 |
| Town Square Senior Apartments - 62+ or HUD | 1 Bedroom | 1BR,1BA | $0.45 |
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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Real 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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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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Best Local Schools in Lima, OH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lima, OH Rentals by Map
See the most popular apartments and homes in Lima, OH
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 $225 at Town Square Senior Apartments - 62+ or HUD.
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 $770 at 43 Town Square.
What is the most affordable Lima Three Bedroom Apartment?
The best deal on a cheap Lima Three Bedroom Apartment rental is at 43 Town Square and starts from $1,093.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.