12 Cheap Apartments for rent in Dayton, OH

Last updated July 21 at 5:11pm UTC
1131 Riverside Dr
Riverdale
Dayton, OH
Updated July 6 at 9:55pm UTC
1 Bedroom
$450
1516 Wesleyan Rd
Cornell Heights
Dayton, OH
Updated July 21 at 10:14am UTC
2 Bedrooms
$500
Results within 5 miles of Dayton, OH
1007 Wilmington Ave
Shroyer Park
Dayton, OH
Updated July 17 at 5:18pm UTC
1 Bedroom
$485
309 Lovington Dr
Fairborn
Fairborn, OH
Updated July 21 at 5:11pm UTC
1 Bedroom
$440
325 Lovington Dr
Fairborn
Fairborn, OH
Updated July 21 at 5:11pm UTC
1 Bedroom
$440
339 Lovington Dr
Fairborn
Fairborn, OH
Updated July 21 at 5:10pm UTC
1 Bedroom
$440
317 Arms Dr
Fairborn
Fairborn, OH
Updated July 21 at 5:10pm UTC
1 Bedroom
$440
301 Lovington Dr
Fairborn
Fairborn, OH
Updated July 10 at 5:16pm UTC
1 Bedroom
$440
408 Ohio St
Fairborn
Fairborn, OH
Updated July 3 at 7:24pm UTC
1 Bedroom
$440
Results within 10 miles of Dayton, OH
950 Dubois Rd
Carlisle
Carlisle, OH
Updated July 3 at 7:26pm UTC
1 Bedroom
$475

July 2018 Dayton Rent Report

Welcome to the July 2018 Dayton Rent Report. Dayton rents increased over the past month. In this report, we'll evaluate trends in the Dayton rental market, including comparisons to similar cities nationwide.

View full Dayton Rent Report
Rent Report
Dayton

July 2018 Dayton Rent Report

Welcome to the July 2018 Dayton Rent Report. Dayton rents increased over the past month. In this report, we'll evaluate trends in the Dayton rental market, including comparisons to similar cities nationwide.

Dayton rents increased slightly over the past month

Dayton rents have increased 0.2% over the past month, and are up slightly by 1.0% in comparison to the same time last year. Currently, median rents in Dayton stand at $650 for a one-bedroom apartment and $850 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in January. Dayton's year-over-year rent growth is level with the state average of 1.0%, but lags the national average of 1.4%.

Dayton rents more affordable than many large cities nationwide

As rents have increased slightly in Dayton, large cities nationwide have seen rents grow more quickly. Dayton is still more affordable than most large cities across the country.

  • Dayton's median two-bedroom rent of $850 is below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.0% rise in Dayton.
  • While Dayton's rents rose slightly over the past year, some cities nationwide saw decreases, including Seattle (-2.0%) and Minneapolis (-0.1%).
  • Renters will find more reasonable prices in Dayton than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three-and-a-half times the price in Dayton.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.