
Cheap Homes for Rent in Lorain, OH from $795 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Lorain.


4461 Oberlin Ave

1321 Massachusetts Ave

1231 W 5th St, Unit 2

808 E Erie Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

203 Florida

1967 E 42nd St

1979 E 42nd St

1831 E 34th St

2117 E 29th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2494 E 39th St

870 S Main St

522 W 23rd St, Unit Down

1818-1818 E 29th St

1509 W 20th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

4509 Norfolk Ave

2703 Denver Ave
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 | $1,050 | $800 | $1,400 |
| Lorain 3 Bedroom Homes for Rent | $1,292 | $995 | $1,500 |
| Lorain 4 Bedroom Homes for Rent | $1,507 | $1,395 | $1,900 |
| Lorain 5 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
| Lorain 7 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in Lorain
Explore Lorain
Lorain, OH Local Guide
- Lorain Neighborhoods
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Cheapest Neighborhoods for Homes in Lorain, OH
Pricing Updated: 09/21/2026Current rental homes in the Lorain, OH area range in price from $795 to $1,900 with an overall median price of $1,388. Here is today’s list neighborhoods with the lowest median pricing for Lorain Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Larkmoor | $1,300 | $800 | 3 |
| Bartish | $1,400 | $795 | 13 |
| Black River | $1,400 | $795 | 10 |
Cheapest Available Lorain Homes for Rent
 The cheapest available rental home in Lorain, OH is a 2 Beds home found at 1831 E 34th St priced from $1,000. 1509 W 20th St in the Bartish neighborhood has the second lowest priced home, which is a 3 Beds rental home currently listed from $1,197. Here is today’s list of the most affordable Lorain homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1831 E 34th St | 1831 E 34th St | 2BR, 1BA | $1,000 |
| 1509 W 20th St | 1509 W 20th St | 3BR, 1BA | $1,197 |
| 711 E 33rd St | 711 E 33rd St | 3BR, 1BA | $1,295 |
| 1063 W 12th St | 1063 W 12th St | 3BR, 1BA | $1,500 |
| 1328 W 7th St | 1328 W 7th St | 5BR, 2BA | $1,650 |
Best Value Homes for Rent in Lorain, OH
As of September 21, 2026 the best value rental home in the Lorain area is the $1.00 price per square foot 1509 W 20th St Model at 1509 W 20th St in the Bartish neighborhood starting from $1,197. The second greatest value Lorain rental home is the 2703 Denver Ave Model at 2703 Denver Ave in the Black River neighborhood starting at $1,200 with a $1.07 price per square foot. Here is today’s list of the best values for Lorain homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1509 W 20th St | 1509 W 20th St | 3BR, 1BA | $1.00 |
| 2703 Denver Ave | 2703 Denver Ave | 3BR, 1BA | $1.07 |
| 711 E 33rd St | 711 E 33rd St | 3BR, 1BA | $1.17 |
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 ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
General Johnnie Wilson Middle School
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 270 Apartments for Rent in Lorain, OH with pricing that ranges from $690 to $5,113. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorain ranging from $795 to $1,900.
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 $795 to $1,900 with an average monthly rent of $1,267.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.