Cheap Apartments for Rent in Miami County, OH from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Miami County.

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.

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Terrace Ridge Apartments
Studio to 2 Bedroom Apartments

Terrace Ridge Apartments

1312 McKaig AveTroy, OH 45373
Senior Living
  • Utilities Included
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Colonial Terrace
1 to 2 Bedroom Apartments

Colonial Terrace

1901 Covington AvePiqua, OH 45356
  • Utilities Included
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Troy Village Apartments
Studio to 2 Bedroom Apartments

Troy Village Apartments

1415-1425 Henley RdTroy, OH 45373
  • Utilities Included
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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

1428-1470 Henley RdTroy, OH 45373
  • Utilities Included
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1325 Trade Sq
2 Bedroom Apartments

1325 Trade Sq

1325 Trade Sq WTroy, OH 45373
  • Utilities Included

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.

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1401 Wayne St
2 Bedroom Apartments

1401 Wayne St

1401 Wayne StTroy, OH 45373
  • Utilities Included
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Wind Ridge
2 to 3 Bedroom Apartments

Wind Ridge

599 Wind Ridge PlTipp City, OH 45371
  • Utilities Included
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Stouder Center
Studio to 3 Bedroom Apartments

Stouder Center

1100 Wayne StTroy, OH 45373
  • Utilities Included

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.

Cheapest Available Miami County Apartments for Rent

 

The cheapest available apartment rental in Miami County, OH is a Studio unit found at Spacious Living at Heritage Lofts, Piqua priced from $775. McKaig Court Apartments in the Stanfield Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Miami County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Spacious Living at Heritage Lofts, PiquaHeritage Lofts: StudioStudio,1BA$775
McKaig Court Apartments1 Bedroom1BR,1BA$800
Liberty Commons 62 or Older or DisabledLiberty Commons1BR,1BA$830
1268 Todd LaneTodd 1 Bed / 1 Bath1BR,1BA$875
Traditions ApartmentsTwo Bedroom Garden Style2BR,1BA$1,050

Best Value Apartments for Rent in Miami County, OH

As of May 10, 2026 the best value apartment in the Miami County area is the $1.42 price per square foot Capewood Model at Redwood Tipp City in the in the Outer Northeast neighborhood starting from $2,299. The second greatest value Miami County apartment is the Willowood Model at Redwood Troy Arthur Road starting at $1,899 with a $1.38 price per square foot in the Stanfield Place neighborhood. Here is today’s list of the best values for Miami County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Tipp CityCapewood2BR,2BA$1.42
Redwood Troy Arthur RoadWillowood2BR,2BA$1.38
1219 Hilltop Dr, Unit 4041219 Hilltop Dr2BR,1.5BA$1.18
1033 Jill Ct, Unit 10331033 Jill Ct2BR,1.5BA$1.07
Troy Crossing2BR/1.5BA2BR,1.5BA$1.28
Traditions ApartmentsTwo Bedroom Garden Style2BR,1BA$1.24
1227 Hilltop Dr, Unit 31227 Hilltop Dr2BR,1BA$1.19
McKaig Court Apartments2 Bedroom2BR,1BA$1.17
1268 Todd LaneTodd 1 Bed / 1 Bath1BR,1BA$1.25
Liberty Commons 62 or Older or DisabledLiberty Commons1BR,1BA$1.51

Frequently Asked Questions about Cheap Miami County Apartments

What is the price of a cheap apartment in Miami County?

The cheapest apartment in Miami County is McKaig Court Apartments which is listed at $800, while the average apartment in Miami County costs $2,060.

What types of apartments are the cheapest in Miami County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Miami County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.