
Cheap Homes for Rent in Terrace Park, OH from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Terrace Park.


5563 Bosworth Pl

5720 Old Pfeiffer Ln

4368 Eastern Ave
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.

3918 E Gatewood Ln

543 Aspen Glen Dr

28 Apple Ln

30 Apple Ln
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.
Terrace Park, OH Local Guide

How much does it cost to rent a home in Terrace Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Terrace Park 2 Bedroom Homes for Rent | $1,705 | $1,195 | $2,200 |
| Terrace Park 3 Bedroom Homes for Rent | $2,123 | $1,750 | $2,900 |
| Terrace Park 4 Bedroom Homes for Rent | $2,471 | $1,945 | $3,000 |
| Terrace Park 5 Bedroom Homes for Rent | $18,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Terrace Park
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Terrace Park, OH Local Guide
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Cheapest Available Terrace Park Apartments for Rent and Nearby
 The cheapest available apartment rental in Terrace Park, OH is a 1 Bed unit found at Magnolia Pointe Apartments in the Wetherby Farms neighborhood priced from $770. Gold Key Apartments in the Madisonville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable Terrace Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Magnolia Pointe Apartments | 1A | 1BR,1BA | $770 |
| Gold Key Apartments | Large 1 bedroom 1 bath Apartment | 1BR,1BA | $865 |
| Leesburg Apartments HydePark/Oakley | Studio | Studio,1BA | $885 |
Best Value Apartments for Rent in Terrace Park, OH and Nearby
As of June 11, 2026 the best value apartment in the Terrace Park area is the $1.47 price per square foot Willowood Model at Redwood Batavia Tealtown Road in the in the Wetherby Farms neighborhood starting from $2,025. The second greatest value Terrace Park apartment is the 3/2 Model at Pebble Brooke Apartments starting at $1,541 with a $1.40 price per square foot in the Cameron Crossing neighborhood. Here is today’s list of the best values for Terrace Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Batavia Tealtown Road | Willowood | 2BR,2BA | $1.47 |
| Pebble Brooke Apartments | 3/2 | 3BR,2BA | $1.40 |
| Kennedys Landing | The Aviator | 2BR,2BA | $1.53 |
| 668 Brooklyn Ave, Unit Old Milford Near 2 bed | 668 Brooklyn Ave | 2BR,1BA | $1.20 |
| Millcroft Apartments | The Maple - B1PW | 2BR,1.5BA | $1.56 |
| Stewart Woods | One Bedroom with Patio | 1BR,1BA | $1.19 |
| Residence at Milford Tower | 1 bedroon | 1BR,1BA | $1.53 |
| Fountain Villa Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| Magnolia Pointe Apartments | 1B | 1BR,1BA | $1.40 |
| Gold Key Apartments | Large 1 bedroom 1 bath Apartment | 1BR,1BA | $1.38 |
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 ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Cincinnati metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com
Read ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Terrace Park, OH
Frequently Asked Questions about Terrace Park
What type of rentals are currently available in Terrace Park?
There are currently 69 Apartments for Rent in Terrace Park, OH with pricing that ranges from $780 to $4,299. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Terrace Park ranging from $775 to $18,500.
What is the current price range for Rental Homes in Terrace Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Terrace Park ranges from $775 to $18,500 with an average monthly rent of $5,155.
How much are larger Three and Four Bedroom Rentals in Terrace Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Terrace Park range from $1,480 to $3,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,945 and Four Bedroom Apartments start at $1,499.
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

The 10 Best Affordable Neighborhoods in Cincinnati, OH
Written by: Joey Hoelscher
Cincinnati is a unique Midwest city thanks to its riverfront downtown core, unique terrain, and a surprising amount of 1800s urban architecture not commonly seen west of the East Coast.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Cincinnati
Written by: Joey Hoelscher
Cincinnati isn’t exactly known as a college town — still, with the city’s great variety and strong economy, it’s a great place to go to college (and maybe to stay for years to come)!

Hailing the Queen City: A Local Take on Cincinnati, OH
Written by: Catrina Cowart
Hi, I’m Catrina, your ApartmentHomeLiving.com Local Expert for Cincinnati, Ohio, a southern city near the border next to Coventry, Kentucky.

Where to Live in Cincinnati: Proximity-Based Neighborhood Rental Guide Near Major Employers
Written by: Catrina Cowart
Hello! I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Cincinnati, Ohio. Part of what we do at ApartmentHomeLiving.com is helping people like you find the right neighborhood to call home.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.