5+ Days Ago
Location
1040 Tower Blvd, Lorain, OH 44052, USA
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Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $709 /mo | 1 unit available |
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Amenities for 1040
Apartment Amenities
| Free Heat |
Services
| Water, Sewer & Trash |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 24 |
|---|
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About 1040
1040 cost $709 per month. Located at 1040 Tower Blvd, Lorain, OH 44052, USA, 1040 has 1 bedroom units available. Based on the average rent price of 1 bedroom in Lorain, renting an apartment at 1040 is 5% cheaper per month.Other apartment buildings in or around Lorain include but are not limited to: 1309 Middle Ave
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 1040 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1040 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1040 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
1040 goes above and beyond to provide sought-after conveniences and desirable perks, including water, sewer & trash. Renters looking for popular or luxurious features will find them here—and for that reason, 1040 receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1040 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1040 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
1040 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Lorain
1-bedroom apartments at 1040 cost about 5% less than the average rent price for 1-bedroom apartments in Lorain.
Median rents as of Sep 14 2025.
Lorain
| Month | Median Rent |
|---|---|
| November 2023 | $695 |
| December 2023 | $589 |
| January 2024 | $624 |
| February 2024 | $575 |
| March 2024 | $587 |
| May 2024 | $699 |
| July 2024 | $650 |
| August 2024 | $715 |
| September 2024 | $700 |
| October 2024 | $700 |
| April 2025 | $699 |
| May 2025 | $699 |
| June 2025 | $699 |
| July 2025 | $741 |
| August 2025 | $742 |
| September 2025 | $680 |
Affordability calculator
Can I afford to live at 1040 Tower Blvd?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$28,360/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,360 annually to afford this 1-bedroom monthly rent price of $709.
For more information on rent affordability, visit our rent calculator.
Schools near 1040
Washington Elementary School
1025 w 23rd st
lorain, OH, 44052
PK, K-5Public
C-
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Internet available near 1040
Getting around Lorain near 1040 Tower Blvd
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 1040 Tower Blvd, Lorain
Groceries
2/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Few or no bars within walking distance
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