Cheap Homes for Rent in Lorain, OH from $600 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

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.

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: 01/13/2026

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
Larkmoor$1,225$65025
Bartish$1,545$69526
Black River$1,545$74913

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 ListingModel NameBed/BathPriced From
The OverlookEfficiencyStudio,1BA$650
Concord Apartments1 Bedroom1BR,1BA$695
Water's Edge Apartments1 Bed1BR,1BA$700
Tower Regency & Tower Garden1 Bed 1 Bath1BR,1BA$735
Arbor Grove LorainStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at French CreekThe Willow2BR,2BA$1.23
The Preserve at Walnut RidgeRetreat - Central Unit2BR,2BA$1.37
Portside ApartmentsThe Regatta - Standard2BR,1BA$1.18
Hancock Duplex Apartments1919 Randal St2BR,1.5BA$1.02
Pin Oak Apartments2 Bedroom 1 Bath2BR,1BA$1.41
Foxes' Lair Apartments1 Bedroom Apartment1BR,1BA$1.14
Water's Edge Apartments1 Bed1BR,1BA$1.08
143 Hamilton Ave1 Bed 1 Bath1BR,1BA$1.31
Pinebrook Tower Apartments1BR/1BA1BR,1BA$1.33
Tower Regency & Tower Garden1 Bed 1 Bath1BR,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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Lorain, OH Rentals by Map

View Map
Lorain, OH Apartments Map
View Map
Lorain, OH Rental Homes Map

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!