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Cheap Apartments for Rent in Lorain, OH from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Lorain.
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410 Broadway
LorainOH44052
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from $6651 to 2 Bedroom Apartments Available Now
Concord Apartments
1300-1320 Shaffer DrLorain, OH 44053
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from $6651 to 2 Bedroom Apartments Available Now
Tower Regency & Tower Garden
1027 Tower BlvdLorain, OH 44052
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from $6751 to 3 Bedroom Apartments Available Now
Oakwood Park Apartments
1885 E 42nd StLorain, OH 44055
2344 East Ave
LorainOH44055
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.
906 N Central Dr
LorainOH44052
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from $7001 to 2 Bedroom Apartments Available Now
Water's Edge Apartments
2829 W Erie AveLorain, OH 44053
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Rent Specials
from $700Studio Apartments Available Now
Arbor Grove Lorain
4112 Gary AveLorain, OH 44055
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706 E 34th St
LorainOH44055
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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
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $600Studio to 2 Bedroom Apartments Contact Us For Availability
Foxes' Lair Apartments
2280 W River Rd NElyria, OH 44035
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from $7501 to 3 Bedroom Apartments Available Now
Pinecrest Apartments
47510-47534 Middle Ridge RdAmherst, OH 44001
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from $8002 to 3 Bedroom Apartments Contact Us For Availability
College Park Apartments
180 College Park DrElyria, OH 44035
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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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Showing Results 1-41, Page 1 of 1
Lorain, OH Local Guide
Lorain sunset by Rona Proudfoot is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lorain?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lorain Studio Apartments | $695 | $600 | $775 |
| Cheap Lorain 1 Bedroom Apartments | $752 | $650 | $1,150 |
| Cheap Lorain 2 Bedroom Apartments | $1,397 | $725 | $2,800 |
| Cheap Lorain 3 Bedroom Apartments | $1,195 | $850 | $2,780 |
Browse Top Apartments in Lorain
See all Apartments in LorainExplore Lorain
Lorain, OH Local Guide
Written By:
Staff Writer Local Guide Expert
- Lorain Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lorain, OH
Pricing Updated: 07/14/2025Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Bartish | $1,100 | $650 | 20 |
| Black River | $1,100 | $659 | 13 |
| Larkmoor | $1,200 | $650 | 24 |
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. 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 apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Overlook | Efficiency | Studio,1BA | $650 |
| Concord Apartments | 1 Bedroom | 1BR,1BA | $665 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $665 |
| Oakwood Park Apartments | 1 Bedroom - Available Soon! | 1BR,1BA | $675 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $700 |
| Arbor Grove Lorain | Studio | Studio,1BA | $700 |
| Pinecrest Apartments | Two Bedroom One Bath | 2BR,1BA | $825 |
| Westwood Estates | 2 Bed 1 Bath Single Section | 2BR,1BA | $971 |
| Pin Oak Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1,200 |
| Portside Apartments | The Clipper - Standard | 2BR,1BA | $1,421 |
Best Value Apartments for Rent in Lorain, OH
As of July 14, 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 Retreat - Interior Model at The Preserve at Walnut Ridge starting at $2,350 with a $1.46 price per square foot . Here is today’s list of the best values for Lorain apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Preserve at French Creek | The Willow | 2BR,2BA | $1.32 |
| The Preserve at Walnut Ridge | Retreat - Interior | 2BR,2BA | $1.46 |
| Portside Apartments | The Regatta - Standard | 2BR,1BA | $1.23 |
| Pinecrest Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.83 |
| Pin Oak Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.12 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $1.08 |
| Oakwood Park Apartments | 1 Bedroom - Available Soon! | 1BR,1BA | $1.23 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $1.33 |
| Arbor Grove Lorain | Studio | Studio ,1BA | $1.65 |
| The Overlook | Efficiency | Studio ,1BA | $1.57 |
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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.
Best Local Schools in Lorain, OH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lorain, OH Rentals by Map
See the most popular apartments and homes in Lorain, OH
Lorain, OH Apartments MapLorain, OH Rental Homes MapGetting 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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lorain Apartments
What is the price of a cheap apartment in Lorain?
The cheapest apartment in Lorain is Concord Apartments which is listed at $665, while the average apartment in Lorain costs $1,133.
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 $362 which is $771 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.
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.
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.
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.
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.