Cheap Apartments for Rent in Lorain, OH from $400 (35 Rentals)

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

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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Oberlin Ave Apartments
1 to 2 Bedroom Apartments

Oberlin Ave Apartments

4638-4640 Oberlin AveLorain, OH 44053
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The Oaks
1 to 2 Bedroom Apartments

The Oaks

1400-1516 Herbert DrLorain, OH 44053
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The Willows
Studio to 2 Bedroom Apartments

The Willows

4745 Oberlin AveLorain, OH 44053
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Shorehouse Apartments
2 Bedroom Apartments

Shorehouse Apartments

1102-1140 E Erie AveLorain, OH 44052
  • Utilities Included

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Ventura Apartments
1 to 2 Bedroom Apartments

Ventura Apartments

1814 Cooper Foster Park RdLorain, OH 44053
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Beavercrest Gardens
1 to 3 Bedroom Apartments

Beavercrest Gardens

3849 Beavercrest DrLorain, OH 44053
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Marina View Apartments
1 Bedroom Apartments

Marina View Apartments

3540-3540 Beavercrest DrLorain, OH 44053
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Baron Arms Apartments
1 to 3 Bedroom Apartments

Baron Arms Apartments

3830 Beavercrest DrLorain, OH 44053
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Nantucket Apartments
2 Bedroom Apartments

Nantucket Apartments

517-519 S Nantucket DrLorain, OH 44053
  • Utilities Included

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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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Kingston Square
2 Bedroom Apartments

Kingston Square

1816 Cooper Foster Park RdLorain, OH 44053
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Almadien Village
2 Bedroom Apartments

Almadien Village

2075 E Serenity LnLorain, OH 44053
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Pentamen Arms
1 Bedroom Apartments

Pentamen Arms

1800 Cooper Foster Park RdLorain, OH 44053
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Williamsburg Square
2 Bedroom Apartments

Williamsburg Square

1824 Cooper Foster Park RdLorain, OH 44053
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The Art of the Rental Viewing: What to look for during a property tour

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Lorain Studio Suites
Studio Apartments

Lorain Studio Suites

1825 Lorain BlvdElyria, OH 44035
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Pikewood Manor
2 to 3 Bedroom Apartments

Pikewood Manor

1780 Lorain BlvdElyria, OH 44035
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Windjammer Apartments
2 Bedroom Apartments

Windjammer Apartments

4141 Lake RdSheffield Lake, OH 44054
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Lorain, OH Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lorain, OH

Pricing Updated: 08/28/2025

Current apartment rentals in the Lorain, OH area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lorain Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Black River$1,322$64912
Larkmoor$1,350$64923
Bartish$1,410$64922

Cheapest Available Lorain Apartments for Rent

 

The cheapest available apartment rental in Lorain, OH is a Studio unit found at The Overlook in the Larkmoor neighborhood priced from $650. Tower Regency & Tower Garden 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 apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$665
Concord Apartments1 Bedroom1BR,1BA$695
Water's Edge Apartments1 Bed1BR,1BA$700
Pinecrest ApartmentsOne Bedroom One Bath1BR,1BA$750
Arbor Grove LorainStudioStudio,1BA$789
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$825
Pinebrook Tower Apartments1BR/1BA1BR,1BA$850
143 Hamilton Ave2 Bed 1 Bath2BR,1BA$850
Evergreen Village2 Bedroom 2 Bathroom2BR,2BA$1,095

Best Value Apartments for Rent in Lorain, OH

As of August 28, 2025 the best value apartment in the Lorain area is the $1.32 price per square foot The Willow Model at The Preserve at French Creek in the in the Bentley Park neighborhood starting from $2,125. The second greatest value Lorain apartment is the The Windjammer Model at Portside Apartments starting at $1,575 with a $1.22 price per square foot in the Larkmoor neighborhood. Here is today’s list of the best values for Lorain apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at French CreekThe Willow2BR,2BA$1.32
Portside ApartmentsThe Windjammer2BR,2BA$1.22
Hancock Duplex Apartments1919 Randal St2BR,1.5BA$1.02
Pin Oak Apartments3 Bedroom 2 Bath3BR,2BA$1.12
Evergreen Village2 Bedroom 2 Bathroom2BR,2BA$1.34
143 Hamilton Ave1 Bed 1 Bath1BR,1BA$1.31
Water's Edge Apartments1 Bed1BR,1BA$1.08
Pinebrook Tower Apartments1BR/1BA1BR,1BA$1.33
Pinecrest ApartmentsOne Bedroom One Bath1BR,1BA$1.25
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$1.33

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Lorain Overview

Lorain, OH sits in the shadow of Cleveland but has its own character. The major factories have moved on, but the lake is still a major source of income and recreation. Inland, you'll find a welcoming town with a remarkable number of green spaces in and around the city limits.

Why live in Lorain, OH?

Despite being located just a short commute from busy and bustling Cleaveland, Lorain maintains a comfortable, small-town feel. The town celebrates it’s multi-national heritage with exciting ethnic restaurants and several international festivals. When it comes to natural beauty, you’ll be hard-pressed to find better than the shores of Lake Erie. This vast stretch of fresh water is a paradise for fishermen, boaters, bird watchers, and other nature enthusiasts. Numerous state parks dot the coastline, giving outdoorsy families plenty to see and do. History buffs may also love this area, from local museums to historical societies to traditional buildings in town.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lorain, OH Rentals by Map

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Getting Around Lorain, OH

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lorain Apartments

What is the price of a cheap apartment in Lorain?

The cheapest apartment in Lorain is Tower Regency & Tower Garden which is listed at $665, while the average apartment in Lorain costs $1,360.

What types of apartments are the cheapest in Lorain?

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 5 regular apartments in Lorain 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?

Cheap apartments in Lorain have an average cost of $294 which is $1,066 cheaper than the average rent for all rentals in Lorain.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.