
Cheap Homes for Rent in Lima, OH from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.


700 St Clair Ave

218 E Lima St

202 N Meridian St
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.

414 E Ash St

723 Lima St

2065 E Lakeside Dr

436 Wood St
When Life Happens: Your Options for Ending a Rental Lease Early
Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.
Lima, OH Local Guide

How much does it cost to rent a home in Lima?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lima 2 Bedroom Homes for Rent | $1,333 | $800 | $2,350 |
Lima 3 Bedroom Homes for Rent | $4,984 | $850 | $10,000+ |
Lima 4 Bedroom Homes for Rent | $1,170 | $465 | $1,700 |
Lima 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Top Homes for Rent 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 Spring Street Senior Lofts priced from $699. Mt. Vernon Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Lima apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Spring Street Senior Lofts | 1 Bedroom | 1BR,1BA | $699 |
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $700 |
43 Town Square | 2 Bedroom | 2BR,1BA | $956 |
Best Value Apartments for Rent in Lima, OH
As of August 01, 2025 the best value apartment in the Lima area is the $1.18 price per square foot 2508 Dogwood Dr Model at 2508 Dogwood Dr, Unit 1 in the starting from $1,650. The second greatest value Lima apartment is the 2 Bedroom Model at 43 Town Square starting at $956 with a $0.95 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. |
---|---|---|---|
2508 Dogwood Dr, Unit 1 | 2508 Dogwood Dr | 2BR,1.5BA | $1.18 |
43 Town Square | 2 Bedroom | 2BR,1BA | $0.95 |
730 N Charles St, Unit 726 | 730 N Charles St | 2BR,1BA | $0.75 |
Northlake Village Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.17 |
Emma Parkway Townhomes | 3866 Emma | 2BR,1BA | $1.66 |
Rosedale Apartments | Model | 2BR,1BA | $1.41 |
2275 N Cable Rd, Unit 1160 | 2275 N Cable Rd | Studio ,1BA | $1.19 |
Spring Street Senior Lofts | 1 Bedroom | 1BR,1BA | $1.09 |
Willow Lake | 1 Bed, 1 Bath - 627 Sq. Ft. | 1BR,1BA | $1.59 |
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
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Frequently Asked Questions about Lima
What type of rentals are currently available in Lima?
There are currently 91 Apartments for Rent in Lima, OH with pricing that ranges from $680 to $2,400. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $465 to $69,999.
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 $465 to $69,999 with an average monthly rent of $1,806.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.