Cheap Apartments for Rent in Lorain County, OH from $400 (111 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lorain County.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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property at 352 7th St

352 7th St

ElyriaOH44035

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.

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Cheapest Available Lorain County Apartments for Rent

 

The cheapest available apartment rental in Lorain County, OH is a Studio unit found at The Overlook in the Larkmoor neighborhood priced from $650. Concord Apartments in the Bartish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $665. Here is today’s list of the most affordable Lorain County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
Concord Apartments1 Bedroom1BR,1BA$665
College Village ApartmentsOne Bedroom1BR,1BA$665
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$665
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$675
Water's Edge Apartments1 Bed1BR,1BA$700
Arbor Grove LorainStudioStudio,1BA$700
Willow Ridge ApartmentsOne Bedroom One Bath - Call for Availability1BR,1BA$725
Forest Ridge ApartmentsOne Bedroom One Bath - Call for Availability1BR,1BA$750
Pinecrest ApartmentsTwo Bedroom One Bath2BR,1BA$825

Best Value Apartments for Rent in Lorain County, OH

As of July 24, 2025 the best value apartment in the Lorain County area is the $1.09 price per square foot Penthouse II - Call for Availability Model at The Perch on Lake Apartments in the starting from $3,000. The second greatest value Lorain County apartment is the Three Bedroom Two Bath Model at Pinecrest Apartments starting at $1,000 with a $0.83 price per square foot in the Downtown Amherst neighborhood. Here is today’s list of the best values for Lorain County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Perch on Lake ApartmentsPenthouse II - Call for Availability3BR,2BA$1.09
Pinecrest ApartmentsThree Bedroom Two Bath3BR,2BA$0.83
Timber Lakes Apartments3B Ranch3BR,2BA$1.12
601-605 Abbe Rd2 Bed/1.5 Bath2BR,1.5BA$0.83
Pin Oak Apartments3 Bedroom 2 Bath3BR,2BA$1.12
333 Illinois Ave, Unit 2333 Illinois Ave2BR,1BA$1.03
College Village ApartmentsTwo Bedroom2BR,1BA$0.96
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$1.19
Hidden Creek ApartmentsTwo Bedroom2BR,1BA$1.11
Water's Edge Apartments1 Bed1BR,1BA$1.08

Frequently Asked Questions about Cheap Lorain County Apartments

What is a cheap apartment in Lorain County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lorain County is under $825.

What is the price of a cheap apartment in Lorain County?

The cheapest apartment in Lorain County is Concord Apartments which is listed at $665, while the average apartment in Lorain County costs $4,390.

What types of apartments are the cheapest in Lorain County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Lorain County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lorain County?

Cheap apartments in Lorain County have an average cost of $303 which is $4,087 cheaper than the average rent for all rentals in Lorain County.

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.