Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.

It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.

Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.

Rental Market Trends

Lima, OH

As of July 2025, Lima's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lima's average rent is equal to the Ohio average of $1,277 and 28.1% ($498) lower than the U.S. average of $1,775.

Average Rent

$1,277

Monthly ChangeMonth Over Month Change

15% ($167)

Yearly ChangeYear Over Year Change

48.8% ($419)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,069	27.9% ($233)	53.2% ($371)
2 Beds	$1,307	26.6% ($275)	51.4% ($444)
3 Beds	$1,574	24.1% ($306)	47.1% ($504)

Nearby Cities	Average Rent	Avg. Rent vs. LimaAverage Rent vs. Lima	Avg. Days on MarketAverage Days on Market
Wapakoneta	$981	23.2% ($296)	41 days
Delphos	$862	32.5% ($415)	37 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Lima Rental Market FAQs

Explore rental prices, market trends, and availability in Lima, OH.

What is the average rent in Lima, OH?

The average rent in Lima, OH is $1,277 per month.

What is the rental price range for homes in Lima, OH?

Homes in Lima typically rent for between $748 and $2,046 per month, with an average of $1,277 per month.

What is the average rent for different bedroom sizes in Lima, OH?

In Lima, the average rent for a 1-bedroom home is $1,069 per month, for a 2-bedroom home, $1,307 per month, and a 3-bedroom home is $1,574 per month.

How do rent prices in Lima, OH compare with the national average?

The average rent in Lima is 28.1% ($498) lower than the national average of $1,775 per month.

How have rent prices in Lima, OH changed recently?

The average rent in Lima has increased by 15.0% ($167) in the last month and increased by 48.8% ($419) over the past year.

How competitive is the rental market in Lima, OH?

The rental market in Lima, OH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lima, OH?

In Lima, OH, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Lima, OH?

There are currently 9 rental properties available in Lima, OH.

Can I afford to rent a home in Lima, OH?

Based on the current averages, a household would need an annual income of $52,280 to comfortably afford a 2-bedroom home in Lima.