Cheap Homes for Rent in Painesville, OH from $900 (13 Rentals)

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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.

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.

Painesville, OH Local Guide

Cheapest Available Painesville Apartments for Rent

 

The cheapest available apartment rental in Painesville, OH is a 1 Bed unit found at Rainforest Village in the East Mentor neighborhood priced from $880. Andover Courtyard in the East Mentor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Painesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rainforest Village1 Bed / 1 Bath - Vinyl Flooring / Stainless Ste...1BR,1BA$880
Andover Courtyard1Bed 1 Bath1BR,1BA$950
Grant Street ApartmentsGrant: 2 Bed 1 Bath | 800 sqft | OLD2BR,1BA$1,000
Richlawn ApartmentsWelcome Home To Richlawn Apartments!1BR,1BA$1,050
Nye Park Apartments2BD/1BHT2BR,1BA$1,079

Best Value Apartments for Rent in Painesville, OH

As of May 23, 2026 the best value apartment in the Painesville area is the $1.41 price per square foot Concord: 2 Bed 1.5 Bath - Premium Model at Concord in the in the South Mentor neighborhood starting from $1,550. The second greatest value Painesville apartment is the Type A - Updated (95-2X2U) Model at Concord Place Apartments starting at $1,700 with a $1.58 price per square foot in the South Mentor neighborhood. Here is today’s list of the best values for Painesville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ConcordConcord: 2 Bed 1.5 Bath - Premium2BR,1.5BA$1.41
Concord Place ApartmentsType A - Updated (95-2X2U)2BR,2BA$1.58
Colonial VillageColonial Village: 2 Bed 1 Bath - Premium2BR,1BA$1.32
Nye Park Apartments2BD/1BHT2BR,1BA$1.20
Cobblestone Court ApartmentsA11BR,1BA$2.36
HollydaleHollydale: 2 Bed 1 Bath - Premium2BR,1BA$1.44
Grant Street ApartmentsGrant: 2 Bed 1 Bath | 800 sqft | OLD2BR,1BA$1.25
Rainforest Village1 Bed / 1 Bath - Vinyl Flooring / Stainless Ste...1BR,1BA$1.47
Andover Courtyard1Bed 1 Bath1BR,1BA$1.64
Richlawn ApartmentsWelcome Home To Richlawn Apartments!1BR,1BA$1.91

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.

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Real 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.

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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.

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

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Frequently Asked Questions about Painesville

What type of rentals are currently available in Painesville?

There are currently 93 Apartments for Rent in Painesville, OH with pricing that ranges from $850 to $2,450. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Painesville ranging from $999 to $7,500.

What is the current price range for Rental Homes in Painesville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Painesville ranges from $999 to $7,500 with an average monthly rent of $1,816.

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.

Helpful Local Expert Guides

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A Cleveland Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Sandy Baker

Choosing the ideal place to call home in Cleveland may mean selecting a neighborhood that offers excellent access to the freeways or good overall schools for the kids.

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Experts Guide to The Top Neighborhoods to Rent Near Major Colleges and Universities in Cleveland

Written by: Sandy Baker

Whether you're moving to Cleveland to be close to one of the research hubs several of the local universities are known for or you just want to be part of it all in "The Land" knowing where to rent apartments close to the biggest .

decorative image for Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland article

Your Official Guide to the Top Neighborhoods to Rent Near Major Employers in Cleveland

Written by: Sandy Baker

If you’re moving to start a new job, knowing where to live can be overwhelming. Factors like being close to work are important, but so are schools, quality of life, and easy access to transportation.

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Cleveland Rocks: Your Essential Guide to the Lands Neighborhoods and Culture

Written by: Sandy Baker

Cleveland is the type of city to fall in love with, even if it doesn’t look all that fabulous from the outside.

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.

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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.

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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.

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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.