
Cheap Homes for Rent in Lorain, OH from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lorain.


20 E Erie Ave

8 E Erie Ave

4461 Oberlin Ave

2037 Lexington Ave
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.

4747-47A1 Oberlin Ave

1019 W 10th St

1297 Fillmore Cir

1847 E 34th St

1846 E 42nd St
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.

518 Washington Ave

2838 Cromwell Dr

912 E 34th St

908 S Central Dr

2348 E 37th St
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

How much does it cost to rent a home in Lorain?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lorain 2 Bedroom Homes for Rent | $1,017 | $795 | $1,140 |
| Lorain 3 Bedroom Homes for Rent | $1,318 | $850 | $1,849 |
| Lorain 4 Bedroom Homes for Rent | $1,686 | $1,250 | $2,400 |
| Lorain 5 Bedroom Homes for Rent | $1,674 | $1,395 | $1,795 |
| Lorain 6 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Browse Top Homes for Rent in Lorain
Explore Lorain
Lorain, OH Local Guide
- Lorain Neighborhoods
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Cheapest Neighborhoods for Apartments in Lorain, OH
Pricing Updated: 01/13/2026Current 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 |
|---|---|---|---|
| Larkmoor | $1,225 | $650 | 25 |
| Bartish | $1,545 | $695 | 26 |
| Black River | $1,545 | $749 | 13 |
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 $695. 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 | $695 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $700 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $735 |
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
Best Value Apartments for Rent in Lorain, OH
As of January 13, 2026 the best value apartment in the Lorain area is the $1.23 price per square foot The Willow Model at The Preserve at French Creek in the in the Bentley Park neighborhood starting from $1,975. The second greatest value Lorain apartment is the Retreat - Central Unit Model at The Preserve at Walnut Ridge starting at $2,200 with a $1.37 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 | $1.23 |
| The Preserve at Walnut Ridge | Retreat - Central Unit | 2BR,2BA | $1.37 |
| Portside Apartments | The Regatta - Standard | 2BR,1BA | $1.18 |
| Hancock Duplex Apartments | 1919 Randal St | 2BR,1.5BA | $1.02 |
| Pin Oak Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.41 |
| Foxes' Lair Apartments | 1 Bedroom Apartment | 1BR,1BA | $1.14 |
| Water's Edge Apartments | 1 Bed | 1BR,1BA | $1.08 |
| 143 Hamilton Ave | 1 Bed 1 Bath | 1BR,1BA | $1.31 |
| Pinebrook Tower Apartments | 1BR/1BA | 1BR,1BA | $1.33 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $1.47 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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
Frequently Asked Questions about Lorain
What type of rentals are currently available in Lorain?
There are currently 276 Apartments for Rent in Lorain, OH with pricing that ranges from $650 to $2,800. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorain ranging from $695 to $2,400.
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 $695 to $2,400 with an average monthly rent of $1,413.
How much are larger Three and Four Bedroom Rentals in Lorain?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lorain range from $875 to $1,470, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,849. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,150.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!