Cheap Homes for Rent in Ravenna, OH from $500 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Ravenna.

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.

Ravenna, OH Local Guide

Cheapest Available Ravenna Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
The Novo ApartmentsP-SStudio,1BA$725
PebblebrookHampton2BR,1BA$1,235

Best Value Apartments for Rent in Ravenna, OH and Nearby

As of April 27, 2026 the best value apartment in the Ravenna area is the $1.36 price per square foot Cobblestone Model at Pebblebrook in the in the Brady Lake neighborhood starting from $1,333. The second greatest value Ravenna apartment is the 430 S Prospect St Model at 430 S Prospect St, Unit 432 starting at $800 with a $1.21 price per square foot in the Sprotts Corner neighborhood. Here is today’s list of the best values for Ravenna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
PebblebrookCobblestone1BR,1BA$1.36
430 S Prospect St, Unit 432430 S Prospect St2BR,1BA$1.21
The Novo ApartmentsP-SStudio ,1BA$2.07

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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.

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Quick 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.

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

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Frequently Asked Questions about Ravenna

What type of rentals are currently available in Ravenna?

There are currently 60 Apartments for Rent in Ravenna, OH with pricing that ranges from $725 to $1,487. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ravenna ranging from $599 to $4,800.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ravenna ranges from $599 to $4,800 with an average monthly rent of $2,236.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Akron, OH article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Akron, OH

Written by: Catrina Cowart

I'm Catrina, your ApartmentHomeLiving.com Local Expert for Akron, and I'm here to talk to you about this city that is a bustling part of Northeastern Ohio.

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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.