Cheap Homes for Rent in Lima, OH from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.

202 N Meridian St
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.

236 Ash Ave

106 Taft Blvd

723 Lima St

326 Lynn St

519 Ann St

2065 E Lakeside Dr
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.

436 Wood St

519 Hope St

435 Cowen St

606 W North St

726 N Downing St

805 Dingman St

534 Boone St

2275 N Cable Rd, Unit Unit #8
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.
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 | $1,196 | $750 | $2,000 |
Lima 3 Bedroom Homes for Rent | $1,790 | $850 | $4,000 |
Lima 4 Bedroom Homes for Rent | $1,549 | $1,100 | $2,500 |
Lima 5 Bedroom Homes for Rent | $1,666 | $1,300 | $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 Town Square Senior Apartments - 62+ or HUD priced from $225. Spring Street Senior Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. 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 | 1 Bedroom | 1BR,1BA | $225 |
Spring Street Senior Lofts | 1 Bedroom | 1BR,1BA | $699 |
43 Town Square | 2 Bedroom | 2BR,1BA | $956 |
Elijah Parkway | One Bedroom | 1BR,1BA | $990 |
Mt. Vernon Village | 3 Bedrooms 2 Bathrooms | 3BR,2BA | $1,000 |
Best Value Apartments for Rent in Lima, OH
As of September 17, 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 4 in the starting from $1,650. The second greatest value Lima apartment is the 123 Pierre Pl Model at 123 Pierre Pl, Unit 123 starting at $1,650 with a $1.22 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 4 | 2508 Dogwood Dr | 2BR,2BA | $1.18 |
123 Pierre Pl, Unit 123 | 123 Pierre Pl | 2BR,2BA | $1.22 |
Mt. Vernon Village | 3 Bedrooms 2 Bathrooms | 3BR,2BA | $0.86 |
43 Town Square | 2 Bedroom | 2BR,1BA | $0.95 |
Northlake Village Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.15 |
1387 N Cole St, Unit #2. And #3 | 1387 N Cole St | 1BR,1BA | $0.93 |
1387 N Cole St, Unit #2 | 1387 N Cole St | 1BR,1BA | $1.00 |
2275 N Cable Rd, Unit 1160 | 2275 N Cable Rd | Studio ,1BA | $1.19 |
Spring Street Senior Lofts | 1 Bedroom | 1BR,1BA | $1.09 |
Town Square Senior Apartments - 62+ or HUD | 1 Bedroom | 1BR,1BA | $0.45 |
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Best Local Schools in Lima, OH
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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 Lima
What type of rentals are currently available in Lima?
There are currently 94 Apartments for Rent in Lima, OH with pricing that ranges from $225 to $2,400. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $650 to $4,000.
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 $650 to $4,000 with an average monthly rent of $1,389.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.