1501 N West St
LimaOH45801
Cheap Homes for Rent in Lima, OH from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.
143 Elm St
CairoOH45820
360 Jacobs Ave
LimaOH45801
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.
302 N Meridian St
PortlandIN47371
519 1/2 Ann St
PiquaOH45356
239 Broadway
PiquaOH45356
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.
707 N Center St
VersaillesOH45380
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Lima, OH Local Guide
Public Square in downtown Lima by Nyttend is licensed under Internal
How much does it cost to rent a home in Lima?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lima 2 Bedroom Homes for Rent | $1,183 | $567 | $2,700 |
| Lima 3 Bedroom Homes for Rent | $1,543 | $900 | $2,650 |
| Lima 4 Bedroom Homes for Rent | $1,249 | $485 | $1,595 |
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. 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 |
Best Value Apartments for Rent in Lima, OH
As of July 22, 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 $1,093 with a $0.78 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 | $0.78 |
| 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 |
| Emma Parkway Townhomes | 3866 Emma | 2BR,1BA | $1.66 |
| 732 1/2 N Main St, Unit 732 1/2 N. Main St. | 732 1/2 N Main St | 1BR,1BA | $1.31 |
| Metro Center | Single | 1BR,1BA | $1.67 |
| 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.
Read Article
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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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 Lima
What type of rentals are currently available in Lima?
There are currently 100 Apartments for Rent in Lima, OH with pricing that ranges from $225 to $2,500. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $485 to $2,700.
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 $485 to $2,700 with an average monthly rent of $1,099.
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 $995 to $1,893, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,650. Four Bedroom Single-Family rentals are also available starting from $485 and Four Bedroom Apartments start at $1,595.
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.