143 Elm St
CairoOH45820
Cheap Homes for Rent in Lima, OH from $567 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.
104 W 1st St
New BremenOH45869
302 N Meridian St
PortlandIN47371
519 1/2 Ann St
PiquaOH45356
239 1/2 Broadway
PiquaOH45356
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.
535 E 5th St
LimaOH45804
337 E Sandusky St
FindlayOH45840
424 S Miami Ave
BradfordOH45308
500 N Shore Dr
LimaOH45801
138 Harrison Ave
LimaOH45804
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.
1531 Spruce Ave
SidneyOH45365
Showing Results 1-11, 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 a home in Lima?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lima 2 Bedroom Homes for Rent | $1,020 | $567 | $1,440 |
| Lima 3 Bedroom Homes for Rent | $1,554 | $900 | $2,500 |
| Lima 4 Bedroom Homes for Rent | $1,792 | $1,100 | $3,200 |
| Lima 5 Bedroom Homes for Rent | $2,179 | $2,179 | $2,179 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lima
Explore Lima
Lima, OH Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 2 Beds apartment currently listed from $880. 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 | 2 Bedroom | 2BR,1BA | $880 |
| Royal Jameson | 2 Bedroom | 2BR,1BA | $920 |
| Northlake Village Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,219 |
| 43 Town Square | 2 Bedroom | 2BR,1BA | $1,252 |
Best Value Apartments for Rent in Lima, OH
As of September 05, 2026 the best value apartment in the Lima area is the $0.67 price per square foot 2 Bed 2 Bath Model at The Annex of Lima in the starting from $825. The second greatest value Lima apartment is the 3 Bed 1.5 Bath Model at Northlake Village Apartments starting at $1,384 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. |
|---|---|---|---|
| The Annex of Lima | 2 Bed 2 Bath | 2BR,2BA | $0.67 |
| Northlake Village Apartments | 3 Bed 1.5 Bath | 3BR,1.5BA | $1.22 |
| 43 Town Square | 2 Bedroom | 2BR,1BA | $1.24 |
| 1486 Edgewood Dr, Unit 1486 Edgewood Drive | 1486 Edgewood Dr | 2BR,1BA | $1.11 |
| 2275 N Cable Rd, Unit 176 | 2275 N Cable Rd | 2BR,2BA | $1.36 |
| Royal Jameson | 2 Bedroom | 2BR,1BA | $1.11 |
| 732 1/2 N Main St, Unit 732 1/2 N. Main St. | 732 1/2 N Main St | 1BR,1BA | $1.31 |
| 732 N Main St, Unit 732 N. Main St. Lima, Ohio | 732 N Main St | 1BR,1BA | $1.31 |
| 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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read Article
Quick Rent Budget Calculator
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.
Let everyone know!
Do you know the Lima area?
If you’re an expert on all things Lima, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 103 Apartments for Rent in Lima, OH with pricing that ranges from $225 to $2,500. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $567 to $3,200.
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 $567 to $3,200 with an average monthly rent of $1,372.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.