
Cheap Apartments for Rent in the Black River Neighborhood of Lorain, OH from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Black River area of Lorain.


1854 Hamilton Ave

812 N Central Dr

1550-1562 Broadway Ave

219 6th St

1150-1156 W 5th St

1044 W 10th St
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.

934-944 N Central Dr

795 W 14th St

601 Colorado Ave

1503 Hamilton Ave

667 W 9th St

1906 Lexington Ave

848-854 N Central Dr
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.

Nativity Manor

Washington Townhomes

Firelands Apartments

John F. Kennedy Plaza

Lakeview Plaza

1730 Broadway Ave

860 Colorado Ave
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.
Black River, Lorain, OH Local Guide

How much does it cost to rent an apartment in Black River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Black River 1 Bedroom Apartments | $775 | $750 | $800 |
| Black River 2 Bedroom Apartments | $1,023 | $850 | $1,140 |
| Black River 3 Bedroom Apartments | $1,323 | $1,200 | $1,470 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Black River Neighborhood of Lorain, OH.
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Cheapest Available Black River Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2550 Elyria Ave | 1 Bed 1 Bath | 1BR,1BA | $750 |
| 936 S Central Dr | 1 Beds, 1 Baths | 1BR,1BA | $800 |
Best Value Apartments for Rent in Black River, OH
As of July 12, 2026 the best value apartment in the Black River area is the $1.14 price per square foot 1 Beds, 1 Baths Model at 936 S Central Dr in the in the Black River neighborhood starting from $800. The second greatest value Black River apartment is the 1 Bed 1 Bath Model at 2550 Elyria Ave starting at $750 with a $1.63 price per square foot in the Black River neighborhood. Here is today’s list of the best values for Black River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 936 S Central Dr | 1 Beds, 1 Baths | 1BR,1BA | $1.14 |
| 2550 Elyria Ave | 1 Bed 1 Bath | 1BR,1BA | $1.63 |
Frequently Asked Questions about Cheap Black River Apartments
What is the most affordable Black River Three Bedroom Apartment?
The best deal on a cheap Black River Three Bedroom Apartment rental is at 2550 Elyria Ave and starts from $1,200.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.