Find Homes & Apartments for Rent in Lima, OH

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What to Know About

Life in Lima & Beyond

Lima shares many of the great qualities that make Ohio a desirable place to live.

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 March 2025, Lima's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lima's average rent is 30.6% ($412) lower than the Ohio average of $1,348 and 47.7% ($852) lower than the U.S. average of $1,788.

Average Rent
$936
Monthly ChangeMonth Over Month Change
Decreased17.7% ($201)
Yearly ChangeYear Over Year Change
Decreased7.1% ($71)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $645 Decreased21.2% ($174) Decreased20% ($161)
2 Beds $807 Decreased20.3% ($206) Decreased19.1% ($190)
3 Beds $1,010 Decreased19.6% ($246) Decreased18.2% ($225)
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.

The average rent in Lima, OH is $936 per month.
Homes in Lima typically rent for between $600 and $1,313 per month, with an average of $936 per month.
In Lima, the average rent for a 1-bedroom home is $645 per month, for a 2-bedroom home, $807 per month, and a 3-bedroom home is $1,010 per month.
The average rent in Lima is 47.7% ($852) lower than the national average of $1,788 per month.
The average rent in Lima has decreased by 17.7% ($201) in the last month and decreased by 7.1% ($71) over the past year.
The rental market in Lima, OH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 12 rental properties available in Lima, OH.
Based on the current averages, a household would need an annual income of $32,280 to comfortably afford a 2-bedroom home in Lima.
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