Cheap Apartments for Rent in Thompson, OH from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Thompson.

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.

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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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Chestnut Village 55+
1 Bedroom Apartments

Chestnut Village 55+

5321 Chestnut AveAshtabula, OH 44004
Senior Living
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Jeremy Park
Studio to 2 Bedroom Apartments

Jeremy Park

61 N Maple StOrwell, OH 44076
Senior Living
  • Utilities Included
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Vineyards of Madison
2 Bedroom Apartments

Vineyards of Madison

6700 Grape Arbor DrMadison, OH 44057
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-44, Page 1 of 1

Thompson, OH Local Guide

Cheapest Available Thompson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thompson, OH is a 1 Bed unit found at Dartmouth Place Apartments priced from $900. 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 Thompson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dartmouth Place ApartmentsDartmouth: 1 Bed 1 Bath - Premium1BR,1BA$900
Andover Courtyard1Bed 1 Bath1BR,1BA$950
Colonial VillageColonial: 1 Bed 1 Bath | 700 sqft | SEMI improved1BR,1BA$1,015
Richlawn ApartmentsWelcome Home To Richlawn Apartments!1BR,1BA$1,050
Chardon Hills1 Bedroom - Unit A1BR,1BA$1,085
Queensdale Apartments2 Bedroom2BR,1BA$1,100
HollydaleHollydale: 2 Bed 1 Bath - Upgraded2BR,1BA$1,100
Villas of Geneva1 Bedroom1BR,1BA$1,149
Grove Manor ApartmentsTwo Bedroom 1.5 Bath2BR,1BA$1,150
Grant Street ApartmentsGrant: 2 Bed 1 Bath - Upgraded2BR,1BA$1,150

Best Value Apartments for Rent in Thompson, OH and Nearby

As of May 05, 2026 the best value apartment in the Thompson area is the $1.63 price per square foot 3 BR/ 2 BA units Model at The Standard on Lakeshore in the in the North Mentor neighborhood starting from $1,950. The second greatest value Thompson apartment is the Two Bedroom 1.5 Bath Model at Grove Manor Apartments starting at $1,150 with a $1.28 price per square foot in the Northeast Cleveland neighborhood. Here is today’s list of the best values for Thompson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Standard on Lakeshore3 BR/ 2 BA units3BR,2BA$1.63
Grove Manor ApartmentsTwo Bedroom 1.5 Bath2BR,1BA$1.28
Summertree 7701 Sharon DrWelcome Home to Summertree Apartments!2BR,1BA$1.41
HollydaleHollydale: 2 Bed 1 Bath - Premium2BR,1BA$1.44
Grant Street ApartmentsGrant: 2 Bed 1 Bath - Premium2BR,1BA$1.59
Queensdale Apartments2 Bedroom2BR,1BA$1.38
Chardon Hills1 Bedroom - Unit A1BR,1BA$1.50
Colonial VillageColonial: 1 Bed 1 Bath | 700 sqft | SEMI improved1BR,1BA$1.45
Andover Courtyard1Bed 1 Bath1BR,1BA$1.64
Dartmouth Place ApartmentsDartmouth: 1 Bed 1 Bath - Premium1BR,1BA$1.56

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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!

Explore Thompson, OH Rentals by Map

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See the most popular apartments and homes in Thompson, OH

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Frequently Asked Questions about Cheap Thompson Apartments

How much is rent for a Cheap One Bedroom Thompson Apartment?

The lowest price for a Cheap One Bedroom Thompson Apartment is $900 at Dartmouth Place Apartments.

What is the lowest price for a Cheap Two Bedroom Thompson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Thompson is starting from $1,100 at Queensdale Apartments.

What is the most affordable Thompson Three Bedroom Apartment?

The best deal on a cheap Thompson Three Bedroom Apartment rental is at Queensdale Apartments and starts from $1,200.

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

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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.