Cheap Homes for Rent in Lorain County, OH from $700 (37 Rentals)

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

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.

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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.

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Cash 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.

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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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Cheapest Available Lorain County Apartments for Rent

 

The cheapest available apartment rental in Lorain County, OH is a 1 Bed unit found at Concord Apartments in the Bartish neighborhood priced from $695. The Overlook in the Larkmoor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Lorain County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Concord Apartments1 Bedroom1BR,1BA$695
The OverlookEfficiencyStudio,1BA$725
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$740
143 Hamilton Avestudio1BR,1BA$750
The Perch on Lake ApartmentsCatawba Cove - Call for AvailabiltyStudio,1BA$775
Arbor Grove LorainStudioStudio,1BA$789
Water's Edge Apartments1 Bed1BR,1BA$799
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$810
Crystal Shores CommunityOne bed/one bath1BR,1BA$825
Oakwood Park Apartments1 Bedroom1BR,1BA$825

Best Value Apartments for Rent in Lorain County, OH

As of May 25, 2026 the best value apartment in the Lorain County area is the $0.98 price per square foot Single Family Home Ranch Model at 403 Palomino Ct in the in the South Cleveland neighborhood starting from $1,850. The second greatest value Lorain County apartment is the Shoreline Model at Shoreline Village Apartments starting at $1,550 with a $1.19 price per square foot in the Downtown Vermilion 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.
403 Palomino CtSingle Family Home Ranch3BR,2BA$0.98
Shoreline Village ApartmentsShoreline2BR,2BA$1.19
Portside ApartmentsThe Regatta - Standard2BR,1BA$1.17
601-605 Abbe Rd2 Bed/1.5 Bath2BR,1.5BA$0.94
Timber Lakes Apartments2B Townhome2BR,2BA$1.09
Pinegrove Apartments129 David Drive2BR,1BA$1.06
Sunset Townhouses2 Bed Townhome2BR,1BA$1.17
Tradewinds Apartments1 Bedroom 1 Bath1BR,1BA$1.22
Hidden Creek ApartmentsTwo Bedroom2BR,1BA$1.13
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$1.14

Frequently Asked Questions about Lorain County

What type of rentals are currently available in Lorain County?

There are currently 451 Apartments for Rent in Lorain County, OH with pricing that ranges from $595 to $9,603. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorain County ranging from $729 to $3,295.

What is the current price range for Rental Homes in Lorain County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lorain County ranges from $729 to $3,295 with an average monthly rent of $1,551.

How much are larger Three and Four Bedroom Rentals in Lorain County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lorain County range from $900 to $5,778, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,034 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,199 and Four Bedroom Apartments start at $1,199.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.