
Cheap Homes for Rent in Peninsula, OH from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Peninsula.


1516 W Market St

1093 N Main St

100 Victor Ave

1055 Murray Ave
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.

1211 Seibel Dr

1038 Seibel Dr

1036 Seibel Dr

1020 Seibel Dr

1688 Karg Dr
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.

1690 Karg Dr

231 Randel Ave

1565 7th St

520 Clearbrook Dr

6930 Carriage Hill Dr
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.

6590 Chaffee Ct
Peninsula, OH Local Guide

How much does it cost to rent a home in Peninsula?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peninsula 2 Bedroom Homes for Rent | $1,478 | $995 | $3,500 |
| Peninsula 3 Bedroom Homes for Rent | $2,175 | $1,100 | $6,000 |
| Peninsula 4 Bedroom Homes for Rent | $3,061 | $1,475 | $4,500 |
| Peninsula 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Top Homes for Rent in Peninsula
Explore Peninsula
Peninsula, OH Local Guide
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Cheapest Available Peninsula Apartments for Rent and Nearby
 The cheapest available apartment rental in Peninsula, OH is a 1 Bed unit found at The Peaks at Water's Edge in the East Steels Corners neighborhood priced from $850. Hampton Knoll in the Merriman Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Peninsula apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Peaks at Water's Edge | 1 Bed 1 Bath | 1BR,1BA | $850 |
| Hampton Knoll | The Avalon | 1BR,1BA | $895 |
| Pleasant Meadow Apartments | 1 bedroom | 1BR,1BA | $950 |
| Cascade Falls | Four Bedroom | 4BR,2BA | $960 |
| Brighton Place | Kensington | 1BR,1BA | $999 |
Best Value Apartments for Rent in Peninsula, OH and Nearby
As of November 27, 2025 the best value apartment in the Peninsula area is the $1.49 price per square foot 2bx2b_Declan_Granite_2G Model at Grand Bay Apartments and Townhomes in the in the Windward Hills neighborhood starting from $2,315. The second greatest value Peninsula apartment is the Belize Model at Riverwood Apartments starting at $2,300 with a $1.50 price per square foot in the Merriman Valley neighborhood. Here is today’s list of the best values for Peninsula apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Bay Apartments and Townhomes | 2bx2b_Declan_Granite_2G | 2BR,2BA | $1.49 |
| Riverwood Apartments | Belize | 3BR,2.5BA | $1.50 |
| Mannington Place | Townhome Plus | 2BR,2.5BA | $1.44 |
| Cascade Falls | Two Bedroom | 2BR,2BA | $1.29 |
| Hampton Knoll | The Avalon | 1BR,1BA | $1.11 |
| Wyndham Ridge | Traditional 1 BR w/ Dining Room | 1BR,1BA | $1.57 |
| Pheasant Run Apartments | 1 BD | 1BR,1BA | $1.53 |
| Brighton Place | Kensington | 1BR,1BA | $1.54 |
| Pleasant Meadow Apartments | 1 bedroom | 1BR,1BA | $1.51 |
| The Peaks at Water's Edge | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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.
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 Peninsula, OH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Peninsula
What type of rentals are currently available in Peninsula?
There are currently 39 Apartments for Rent in Peninsula, OH with pricing that ranges from $750 to $6,680. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peninsula ranging from $650 to $6,500.
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 $650 to $6,500 with an average monthly rent of $2,815.
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 $1,100 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,475 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.