Cheap Homes for Rent in Peninsula, OH from $800 (13 Rentals)

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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.

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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.

Peninsula, OH Local Guide

Cheapest Available Peninsula Apartments for Rent and Nearby

 

The cheapest available apartment rental in Peninsula, OH is a 1 Bed unit found at Timber Top Apartments & Townhomes in the Merriman Valley neighborhood priced from $785. The Peaks at Water's Edge in the East Steels Corners neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Peninsula apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timber Top Apartments & Townhomes1x1 Flat1BR,1BA$785
The Peaks at Water's Edge2 Bed 1 Bath2BR,1BA$900
Cascade FallsFour Bedroom4BR,2BA$960
Wyoga Place ApartmentsOne Bedroom/One Bath1BR,1BA$985
Hampton KnollThe Avalon1BR,1BA$995

Best Value Apartments for Rent in Peninsula, OH and Nearby

As of August 23, 2025 the best value apartment in the Peninsula area is the $1.57 price per square foot Belize Model at Riverwood Apartments in the in the Merriman Valley neighborhood starting from $2,410. The second greatest value Peninsula apartment is the Peacock Villa Model at Princeton Place starting at $2,012 with a $1.56 price per square foot in the East Steels Corners neighborhood. Here is today’s list of the best values for Peninsula apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwood ApartmentsBelize3BR,2.5BA$1.57
Princeton PlacePeacock Villa2BR,2BA$1.56
Pheasant Run Apartments3 BD x 2 BA New Construction Rebuilt3BR,2BA$1.38
Linden LaneNewport2BR,2BA$1.31
Mannington PlaceTownhome Plus2BR,2.5BA$1.44
Timber Top Apartments & Townhomes2x2 Townhome2BR,2BA$1.53
Cascade FallsTwo Bedroom2BR,2BA$1.29
The Peaks at Water's Edge2 Bed 1 Bath2BR,1BA$1.06
Hampton KnollThe Avalon1BR,1BA$1.24
Wyoga Place ApartmentsOne Bedroom/One Bath1BR,1BA$1.56

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Frequently Asked Questions about Peninsula

What type of rentals are currently available in Peninsula?

There are currently 38 Apartments for Rent in Peninsula, OH with pricing that ranges from $750 to $6,680. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula ranging from $850 to $4,752.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peninsula ranges from $850 to $4,752 with an average monthly rent of $2,279.

How much are larger Three and Four Bedroom Rentals in Peninsula?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Peninsula range from $1,000 to $4,160, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,554.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.