A beautiful night in Youngstown, one of the cheapest places to live in Ohio

The Cheapest Places to Live in Ohio for 2024

Ohio is full of affordable cities that cater to all sorts of different lifestyles, from bustling urban centers to quiet small towns. Finding an affordable place to live in Ohio can help you enjoy a high quality of life without breaking the bank. 

Let’s take a closer look at 12 of the cheapest places to live in Ohio, along with some information on employment opportunities and affordable attractions in each town.

1. Lorain

Average rent: $615

Lorain tops our list with an average rent of just $615. Studio apartments are particularly affordable at $559, while one-bedroom units are $592 and two-bedroom apartments go for $695.

A couple of the larger employers in Lorain are Mercy Health and Lorain City School District. To get an authentic Lorain experience, check out the Lorain Lighthouse or enjoy a day at Lakeview Park. 

Apartments for Rent in Lorain | Houses for rent in Lorain | Homes for sale in Lorain

Nature in Newark, a charming and affordable Ohio town

2. Newark

Average rent: $619

Newark has an average rent of $619, making it another highly affordable option. One-bedroom apartments in Newark average $562, and two-bedroom units are about $675. 

Major employers in Newark include Licking Memorial Health Systems and the Newark City School District. In terms of cheap fun, visit the historic Dawes Arboretum or find a show at the Midland Theatre. 

Apartments for Rent in Newark | Houses for rent in Newark | Homes for sale in Newark

3. Elyria

Average rent: $702

Elyria has an average rent of $702, making it a budget-friendly place to live. Studio apartments average $580, one-bedroom units are around $700, and two-bedroom apartments are $825. With affordable transportation and utility costs, living in Elyria is financially sensible.

Some of the noteworthy employers in Elyria include Bendix Commercial Vehicle Systems and University Hospitals Elyria Medical Center. For a fun day out, visit Cascade Park or time your trip up with the legendary Elyria Apple Festival. 

Apartments for Rent in Elyria | Houses for rent in Elyria | Homes for sale in Elyria

The Pro Football Hall of Fame is a legendary attraction in Canton

4. Canton

Average rent: $778

Canton boasts an average rent of $778, offering affordable living in Ohio. Studio apartments average $570, one-bedroom units are about $800, and two-bedroom apartments are $965.

Sizable employers in Canton include Aultman Hospital and Diebold Nixdorf. Locals love renowned attractions like the Pro Football Hall of Fame the William McKinley Presidential Library and Museum.

Apartments for Rent in Canton | Houses for rent in Canton | Homes for sale in Canton

5. Youngstown

Average rent: $798

Youngstown has an average rent of $798, making it an affordable place to live. Studio apartments average $635, one-bedroom units are about $887, and two-bedroom units are around $872. 

Youngstown State University is one of the more noteworthy employers in Youngstown. For some affordable fun, check out Mill Creek Park or the Butler Institute of American Art. 

Apartments for Rent in Youngstown | Houses for rent in Youngstown | Homes for sale in Youngstown

Drone view of Toledo, a great city in Ohio for budget-conscious renters

6. Toledo

Average rent: $798

Toledo offers an average rent of $798, making it a reasonably priced place to live. Studio apartments in Toledo average $651, one-bedroom units are about $774, and two-bedroom apartments are $969. 

As one of the best college towns in Ohio, the University of Toledo is one of the most prominent employers in the city. In terms of frugal fun, visit the Toledo Museum of Art or catch a Toledo Mud Hens game at beautiful Fifth Third Field. 

Apartments for Rent in Toledo | Houses for rent in Toledo | Homes for sale in Toledo

7. Springfield

Average rent: $800

Springfield has an average rent of $800, making it an affordable choice in Ohio. Studio apartments average $700, one-bedroom units are about $800, and two-bedroom apartments are $900. 

Major employers in Springfield include Navistar International and Springfield City School District. For some Springfield fun, visit Frank Lloyd Wright’s Westcott House or the Hartman Rock Garden. 

Apartments for Rent in Springfield | Houses for rent in Springfield | Homes for sale in Springfield

Dayton is a stellar college town in Ohio

8. Dayton

Average rent: $834

Dayton’s average rent is $834, making it a reasonably priced place to live. Studio apartments average $647, one-bedroom units are about $824, and two-bedroom apartments come in at $1,032. 

Wright-Patterson Air Force Base and the University of Dayton are two of the most impactful employers in the area, providing plenty of jobs and solidifying Dayton as one of the best Ohio college towns. If you’re in town, be sure to visit the National Museum of the United States Air Force or explore the Dayton Art Institute. 

Apartments for Rent in Dayton | Houses for rent in Dayton | Homes for sale in Dayton

9. Middletown

Average rent: $969

Middletown’s average rent is $969, making it an affordable option in Ohio. One-bedroom apartments average $885, and two-bedroom units are about $1,040. 

Large employers in Middletown include AK Steel and Atrium Medical Center. Locals in Middletown enjoy the ability to easily hit up affordable attractions like the Middletown Arts Center or Smith Park on a sunny day. 

Apartments for Rent in Middletown | Houses for rent in Middletown | Homes for sale in Middletown

Beautiful day in one of the cheapest places to live in Ohio

10. Akron

Average rent: $978

Akron boasts an average rent of $978, making it an affordable place to live. Studio apartments average $899, one-bedroom units are about $880, and two-bedroom units are around $1,155. 

A couple key employers in Akron include University of Akron and The Goodyear Tire & Rubber Company. For a relaxed day out and about, visit the Akron Art Museum or enjoy the trails at the Cuyahoga Valley National Park. 

Apartments for Rent in Akron | Houses for rent in Akron | Homes for sale in Akron

11. Kettering

Average rent: $973

The average rent in Kettering sits at $973, offering affordable living in Ohio. One-bedroom units are about $915, and two-bedroom apartments are $1,030. 

A couple of the larger employers in Kettering are Kettering Health Network and the Kettering City School District. Fraze Pavilion and the Kettering Recreation Complex are two of the most popular affordable attractions in the area. 

Apartments for Rent in Kettering | Houses for rent in Kettering | Homes for sale in Kettering

An overcast day in Hamilton, OH

12. Hamilton

Average rent: $1,052

Hamilton’s average rent is $1,052, making it a reasonably priced place to live. One-bedroom units are about $940, and two-bedroom apartments are $1,164. 

Major employers in Hamilton include Kettering Health Hamilton and the Hamilton City School District. You can’t come to Hamilton without visiting Pyramid Hill Sculpture Park or taking a stroll through the Fitton Center for Creative Arts.

Apartments for Rent in Hamilton | Houses for rent in Hamilton | Homes for sale in Hamilton

Methodology

All cities must have over 50,000 residents per the US Census and have an average rent price under the median rent price for the state – which is $1,155 per month according to Redfin data. Average rental data from Rent.com July 2024.

Moving?

Get connected with the best moving company!

like a boss!

Sign up to keep up with all the best…

Rent like a boss!

Sign up to keep up with all the best…