Most Affordable Neighborhoods in Dayton, OH

Some of the cheapest neighborhoods in Dayton are Old Dayton, Eastern Hills, and Belmont. These neighborhoods offer some of the lowest rent prices in Dayton, making them ideal for renters on a budget. As of January 27, 2025, the average rent in Dayton is $959, which is 2.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Old Dayton

Average Rent

$680/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

0/100

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Dayton, Old Dayton might be the perfect place! It has an average rent price of $680, while the city’s average stands at $959. In the last year, prices have increased by 1.2%. Old Dayton is near Sunrise MetroPark, Island MetroPark, and Hawthorn Hill.

Apartments for Rent in Old Dayton Old Dayton Cheap Apartments Old Dayton Low Income Apartments

Eastern Hills

Average Rent

$744/Month

Year-Over-Year Rent Change

7.8%

TransitScore® Rating

0/100

Units Available

12 Rentals

Eastern Hills is a quiet, residential neighborhood located roughly four miles from the University of Dayton. Renters will enjoy the suburban feel while still being close to campus, as well as to nearby shopping and dining options.

Apartments for Rent in Eastern Hills Eastern Hills Cheap Apartments

Belmont

Average Rent

$786/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

0/100

Units Available

25 Rentals

Belmont is adjacent to the University of Dayton, making it a popular location for students. Downtown Dayton is a few miles northwest of Belmont, and commuters can reach the city center by taking County Road 48. The neighborhood contains a variety of shops and restaurants, especially along Watervliet Avenue.

Apartments for Rent in Belmont Belmont Cheap Apartments

Grafton Hill

Average Rent

$806/Month

Year-Over-Year Rent Change

2.5%

TransitScore® Rating

2/100

Units Available

24 Rentals

Grafton Hill is a historic neighborhood known for its beautiful architecture and proximity to the Dayton Art Institute. Renters will enjoy the quiet, tree-lined streets and access to local parks and cultural attractions.

Apartments for Rent in Grafton Hill Grafton Hill Cheap Apartments Grafton Hill Low Income Apartments

Fort McKinley

Average Rent

$823/Month

Year-Over-Year Rent Change

5.2%

TransitScore® Rating

0/100

Units Available

16 Rentals

Fort McKinley is a large neighborhood on the northwest side of Dayton. It’s home to the Miami Valley Golf Club and is east of the vast Sycamore State Park, which covers 2,384 acres and offers trails, fishing, and winter sports.

Apartments for Rent in Fort McKinley Fort McKinley Cheap Apartments

Shroyer Park

Average Rent

$846/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

0/100

Units Available

31 Rentals

Shroyer Park offers spacious homes and tree-lined streets. Renters will enjoy the proximity to the University of Dayton, parks, and shopping centers. The neighborhood provides a peaceful suburban retreat with easy access to downtown Dayton.

Apartments for Rent in Shroyer Park Shroyer Park Cheap Apartments

Northwest

Average Rent

$894/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

0/100

Units Available

49 Rentals

Northwest Dayton offers a suburban atmosphere with easy access to local parks, schools, and shopping centers. Renters will appreciate the affordable housing options and the convenient access to downtown Dayton.

Apartments for Rent in Northwest Northwest Cheap Apartments Northwest Low Income Apartments

Northridge Estates

Average Rent

$900/Month

Year-Over-Year Rent Change

7%

TransitScore® Rating

0/100

Units Available

9 Rentals

Northridge Estates is a quiet suburban neighborhood offering spacious homes and access to local schools and parks. Renters will appreciate the proximity to shopping and dining options. The area provides a peaceful retreat while still being close to major highways.

Apartments for Rent in Northridge Estates Northridge Estates Cheap Apartments

University Park

Average Rent

$1,080/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

0/100

Units Available

18 Rentals

University Park is a lively neighborhood located near the University of Dayton, offering a mix of student housing and residential homes. Renters will appreciate the variety of restaurants, shops, and entertainment venues nearby. The area is great for those seeking an energetic, walkable community.

Apartments for Rent in University Park University Park Cheap Apartments

Northeast Dayton

Average Rent

$1,085/Month

Year-Over-Year Rent Change

4.1%

TransitScore® Rating

0/100

Units Available

48 Rentals

Northeast Dayton is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Dayton is $1,085 while the city average is $959. This is a 4.1% difference from last year. Residents enjoy convenient access to North Dixie Neighborhood Center, York Commons, and The Boonshoft Museum of Discovery. The neighborhood is considered car-dependent with a WalkScore® of 36.

Apartments for Rent in Northeast Dayton Northeast Dayton Cheap Apartments Northeast Dayton Low Income Apartments

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.