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$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 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Lima.
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Rent Specials
$590 - $970Studio to 2 Bedroom Apartments Available Now
Mark Royal
901 W Market StLima, OH 45805
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$738 - $1,0051 to 2 Bedroom Apartments Available Now
Royal Jameson
139 N Jameson AveLima, OH 45805
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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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$8001 Bedroom Apartment Available Now
655 Columbia Dr, Unit Westgate
655 Columbia DrLima, OH 45805
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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
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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
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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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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
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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
621 N Metcalf St
LimaOH45801
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 Bedroom Apartments
Lima Towers - Income Based 62+
790 S Main StLima, OH 45804
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2 Bedroom Apartments
232 S McDonel One Available
222 S McDonel StLima, OH 45801
340 S Pierce St
LimaOH45801
143 Elm St
CairoOH45820
565 E Market St
CelinaOH45822
302 N Meridian St
PortlandIN47371
519 1/2 Ann St
PiquaOH45356
239 Broadway
PiquaOH45356
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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1 to 2 Bedroom Apartments
Towne & Country Apartments
5340 Nesbitt StElida, OH 45807
424 S Miami Ave
BradfordOH45308
Showing Results 1-34, 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 | $512 | $225 | $646 |
| Cheap Lima 1 Bedroom Apartments | $1,052 | $225 | $1,600 |
| Cheap Lima 2 Bedroom Apartments | $1,245 | $770 | $2,500 |
| Cheap Lima 3 Bedroom Apartments | $1,409 | $995 | $1,893 |
| Cheap Lima 4 Bedroom Apartments | $1,595 | $1,595 | $1,595 |
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. Mark Royal 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 |
| Mark Royal | 1 Bedroom | 1BR,1BA | $738 |
| Royal Jameson | 1 Bedroom | 1BR,1BA | $738 |
| 43 Town Square | 2 Bedroom | 2BR,1BA | $770 |
| 2563 W Market St | Market St. | 2BR,1BA | $1,100 |
| Willow Lake | 2 Bed, 1 Bath | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Lima, OH
As of July 27, 2026 the best value apartment in the Lima area is the $1.06 price per square foot 500 N West St Model at 500 N West St, Unit 500 N. West St in the starting from $1,595. The second greatest value Lima apartment is the 3 Bedroom Model at 43 Town Square starting at $1,413 with a $1.00 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. |
|---|---|---|---|
| 500 N West St, Unit 500 N. West St | 500 N West St | 4BR,2.5BA | $1.06 |
| 43 Town Square | 3 Bedroom | 3BR,2BA | $1.00 |
| 2563 W Market St | Market St. | 2BR,1BA | $0.92 |
| 1101 Belvidere Ave, Unit 1101 | 1101 Belvidere Ave | 3BR,1BA | $1.04 |
| 1017 Symphony St, Unit unit B | 1017 Symphony St | 2BR,1.5BA | $1.20 |
| 732 1/2 N Main St, Unit 732 1/2 N. Main St. | 732 1/2 N Main St | 1BR,1BA | $1.31 |
| Willow Lake | 2 Bed, 1 Bath | 2BR,1BA | $1.52 |
| Royal Jameson | 1 Bedroom | 1BR,1BA | $1.23 |
| 655 Columbia Dr, Unit Westgate | 655 Columbia Dr | 1BR,1BA | $1.60 |
| 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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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
Lima South Science-Technology Magnet K-8
Lima City School District
Public School - Grades K-8 (167)
7 out of 10
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 $1,413.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.