
Cheap Homes for Rent in Lima, PA from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lima.


330 W 21st St

2013 Edgmont Ave

1016 W Baltimore Pike, Unit E22, Unit E22

1944 Ridley Mill Ln

3536 Rhoads Ave
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.

30 W Roland Rd

672 Colwell Rd

89 Park Valley Ln

707 Forrest St

25 W Parkway Ave

31 Upland Ave
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.
Lima, PA 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 | $2,014 | $1,600 | $2,500 |
| Lima 3 Bedroom Homes for Rent | $2,694 | $1,500 | $4,250 |
| Lima 4 Bedroom Homes for Rent | $4,983 | $4,250 | $5,900 |
| Lima 7 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Lima
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Lima, PA Local Guide
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Cheapest Available Lima Apartments for Rent and Nearby
 The cheapest available apartment rental in Lima, PA is a 2 Beds unit found at Haven Park Apartments in the Academy Hill neighborhood priced from $1,100. Wallingford Estates in the Traditions at Ridley Creek neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,269. Here is today’s list of the most affordable Lima apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Haven Park Apartments | 2 Bedroom Classic | 2BR,1BA | $1,100 |
| Wallingford Estates | 2 Bed, 1 Bath | 2BR,1BA | $1,269 |
| Brandywine Manor | 1 Bed 1 Bath | 1BR,1BA | $1,300 |
| Bridgewater Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,300 |
| Arrowhead Court Apartments | 1BR | 1BR,1BA | $1,330 |
Best Value Apartments for Rent in Lima, PA and Nearby
As of May 01, 2026 the best value apartment in the Lima area is the $1.60 price per square foot 2 Bedrooms, 2 Bathrooms, Balcony Model at Bridgewater Apartments in the in the Traditions at Ridley Creek neighborhood starting from $1,800. The second greatest value Lima apartment is the 2 Bedroom/1 Bathroom Model at Heather Glen starting at $1,962 with a $1.96 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. |
|---|---|---|---|
| Bridgewater Apartments | 2 Bedrooms, 2 Bathrooms, Balcony | 2BR,2BA | $1.60 |
| Heather Glen | 2 Bedroom/1 Bathroom | 2BR,1BA | $1.96 |
| 353 S Old Middletown Rd, Unit 353 | 353 S Old Middletown Rd | 1BR,1BA | $1.75 |
| Woodbrook House Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.66 |
| Wallingford Estates | 2 Bed, 1 Bath Renovated | 2BR,1BA | $1.60 |
| Green Forest Apartments | 1 Bedroom w/Den (Renov) | 1BR,1BA | $1.58 |
| Haven Park Apartments | 2 Bedroom Deluxe | 2BR,1BA | $1.56 |
| Arrowhead Court Apartments | 1BED RENO | 1BR,1BA | $1.90 |
| Brandywine Manor | 2 Bed 1 Bath | 2BR,1BA | $1.73 |
| Concord Court Apartments | One Bedroom | 1BR,1BA | $2.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lima, PA Rentals by Map
See the most popular apartments and homes in Lima, PA
Frequently Asked Questions about Lima
What type of rentals are currently available in Lima?
There are currently 44 Apartments for Rent in Lima, PA with pricing that ranges from $938 to $5,890. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lima ranging from $1,100 to $5,900.
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 $1,100 to $5,900 with an average monthly rent of $2,567.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.