Average Rent in Lima, OH and Rent Price Trends

Rent price trends in
Lima, OH

Rent price trends

Rent prices for all bedroom counts and property types in Lima, OH have decreased by 8% in the last month and have decreased by 4% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Lima, OH
The monthly rent for an apartment in Lima, OH is $1,050. A 1-bedroom apartment in Lima, OH costs about $875 on average, while a 2-bedroom apartment is $999. Houses for rent in Lima, OH are more expensive, with an average monthly cost of $1,300.


1 bedroom	$750	2%	40%
2 bedroom	$999	10%	16%
3 bedroom	$1,340	1%	13%
4 bedroom	$1,900	35%	12%
Studio	$1,000	28%	119%


Apartments	$1,050	11%	No Change
Condos	$787	45%	-
Houses	$1,300	No Change	No Change

Studio

Average rent

$1,000

Last 30 days

28%

Last year

119%

1 bedroom

Average rent

$750

Last 30 days

Last year

40%

2 bedroom

Average rent

$999

Last 30 days

10%

Last year

16%

3 bedroom

Average rent

$1,340

Last 30 days

Last year

13%

4 bedroom

Average rent

$1,900

Last 30 days

35%

Last year

12%

The table above reflects average rent prices in Lima, OH, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Lima, OH to other cities

Median rent prices in Lima, OH for all bedroom counts and property types compared to Delphos, OH.

Lima

Median rent price$1,150

40%

lower than the national median

Median rent price$1,400

27%

lower than the national median

Takeaway

The median rent for all rentals in Lima, OH is 18% lower than the median rent in Delphos, OH.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Delphos

$1,400

45%

Last year

Elida

$1,250

N/A

Last year

Fort Wayne

$1,100

Last year

Maumee

$1,154

20%

Last year

Middle Point

$1,300

N/A

Last year

New Haven

$1,300

Last year

Ottawa

$1,340

13%

Last year

Rawson

$900

N/A

Last year

Springfield

$1,000

Last year

Troy

$1,294

Last year

Vandalia

$1,222

11%

Last year

Wapakoneta

$1,250

11%

Last year

Cost of living in
Lima, OH

The overall cost of living in Lima, OH is 7% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.