Cheap Homes for Rent in Lorain, OH from $600 (13 Rentals)

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Search the lowest-cost Homes 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.

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.

Lorain, OH Local Guide

Cheapest Neighborhoods for Apartments in Lorain, OH

Pricing Updated: 06/14/2025

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
Bartish$1,350$65018
Black River$1,713$65025
Larkmoor$1,713$65033

Cheapest Available Lorain Apartments for Rent

 

The cheapest available apartment rental in Lorain, OH is a Studio unit found at The Overlook in the Black River 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 ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
Concord Apartments1 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

Best Value Apartments for Rent in Lorain, OH

As of June 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 3 Bed/1.5 Bath Model at Hancock Duplex Apartments starting at $1,175 with a $0.84 price per square foot in the Black River 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
Hancock Duplex Apartments3 Bed/1.5 Bath3BR,1.5BA$0.84
Portside ApartmentsThe Regatta - Standard2BR,1BA$1.33
Pinecrest ApartmentsThree Bedroom Two Bath3BR,2BA$0.83
Pin Oak Apartments3 Bedroom 2 Bath3BR,2BA$1.12
333 Illinois Ave, Unit 2333 Illinois Ave2BR,1BA$1.03
1208 Tower BlVD, Unit 31208 Tower BlVD1BR,1BA$1.03
Water's Edge Apartments1 Bed1BR,1BA$1.08
Oakwood Park Apartments1 Bedroom - Available Soon!1BR,1BA$1.23
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$1.33

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Frequently Asked Questions about Lorain

What type of rentals are currently available in Lorain?

There are currently 266 Apartments for Rent in Lorain, OH with pricing that ranges from $650 to $4,430. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorain ranging from $650 to $2,100.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lorain ranges from $650 to $2,100 with an average monthly rent of $1,212.

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.

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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.

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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.

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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.