
Cheap Homes for Rent in Lorain, OH from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lorain.


3 E Erie Ave

1019 W 10th St, Unit Down

810 E Erie Ave

2907 Oakwood Ave, Unit 1

0 Oakwood Ave, Unit unit 1
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.

516 Washington Ave, Unit 516 A

938 S Central Dr

944 S Central Dr

942 S Central Dr

3251 Camden Ave

612 E 33rd St
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.

1714 E 30th St
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 | $1,060 | $895 | $1,400 |
| Lorain 3 Bedroom Homes for Rent | $1,387 | $995 | $2,500 |
| Lorain 4 Bedroom Homes for Rent | $1,879 | $1,199 | $3,700 |
| Lorain 5 Bedroom Homes for Rent | $2,445 | $1,895 | $2,995 |
Browse Top Homes for Rent in Lorain
Explore Lorain
Lorain, OH Local Guide
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Cheapest Neighborhoods for Apartments in Lorain, OH
Pricing Updated: 05/08/2026Current 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 |
|---|---|---|---|
| Bartish | $1,410 | $695 | 25 |
| Black River | $1,550 | $645 | 13 |
| Larkmoor | $1,550 | $645 | 22 |
Cheapest Available Lorain Apartments for Rent
 The cheapest available apartment rental in Lorain, OH is a 1 Bed unit found at Concord Apartments in the Bartish neighborhood priced from $695. The Overlook in the Larkmoor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Lorain apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Apartments | 1 Bedroom | 1BR,1BA | $695 |
| The Overlook | Efficiency | Studio,1BA | $725 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $740 |
| 143 Hamilton Ave | studio | 1BR,1BA | $750 |
| Arbor Grove Lorain | Studio | Studio,1BA | $789 |
Best Value Apartments for Rent in Lorain, OH
As of May 08, 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 |
| Shoreline Village Apartments | Shoreline | 2BR,2BA | $1.19 |
| Portside Apartments | The Regatta - Deluxe | 2BR,1BA | $1.16 |
| 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 | $1.23 |
| Pinebrook Tower Apartments | 1BR/1BA | 1BR,1BA | $1.33 |
| Tower Regency & Tower Garden | 1 Bed 1 Bath | 1BR,1BA | $1.48 |
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 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 265 Apartments for Rent in Lorain, OH with pricing that ranges from $645 to $6,954. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lorain ranging from $699 to $3,700.
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 $699 to $3,700 with an average monthly rent of $1,497.
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 $950 to $4,906, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,199 and Four Bedroom Apartments start at $1,199.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.