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Apartments under $1,500 for Rent in Lima, OH

68 Rentals
.
  18. STUDIO, 1 BATH
    $950+
    2 BEDS, 1 BATH
    $850+

    2275 N Cable Rd

    2275 N Cable Rd, Lima, OH 45807

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Living & Renting in Lima

Lima at a Glance

Average Rent

$691
(All bedrooms and property types)
Learn more about
Average Rent in Lima
5

School Rating

out of 10 Rating
Learn more about
Schools in Lima
10

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lima
41

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Lima

Lima, OH Apartments for Rent

Lima, Ohio offers a mix of history and affordability for apartment seekers. Founded in 1831 and named after the Peruvian capital (though pronounced "LY-ma"), this northwestern Ohio city holds deep industrial roots as the former home of the Lima Locomotive Works. Located at the intersection of several state routes and near Interstate 75, Lima provides easy access to Toledo, Dayton, and Fort Wayne.

Apartments in Lima offer competitive rental rates, with one-bedroom units averaging $686 per month compared to the Ohio state average of $1,055. The city features established neighborhoods like Market Street Historic District and South Side. Major employers include the Joint Systems Manufacturing Center, Mercy Health St. Rita's Medical Center, and Lima Memorial Health System. Cultural attractions include the Allen County Museum, historic Ohio Theatre, and performances by the Lima Symphony Orchestra. The city is also home to several higher education institutions: Ohio State University at Lima, Rhodes State College, and the University of Northwestern Ohio.

Why Lima?

  • Lincoln Park is home to a steam locomotive, the last of 65 manufactured in Lima in the 1940s.
  • Faurot Park contains baseball diamonds, four lakes, a concert pavilion, a playground, and a splash pad.
  • The Riverwalk/Ottawa River Corridor Trail stretches over 10 miles and is popular for walking and biking.
  • The Ohio State University-Lima campus is located on 565 acres and is a four-year public university.
  • Downtown Lima features many shops, boutiques, cafes, diners, restaurants, and the Allen County Museum.
  • Events in Lima include a holiday festival, Motown in the Downtown, and the Lima Lantern Tours.

Renting in Lima

Average Rental Rates and Apartment Sizes

Getting Around Lima

Transportation

39

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
41

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
10

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Private University
Private University
GreatSchools Rating
Shawnee High School

Public High School

Public
Grades 9-12
707 Students
GreatSchools Rating
Bath High School

Public High School

Public
Grades 9-12
458 Students
GreatSchools Rating
Lima Senior High School

Public High School

Public
Grades 9-12
1,013 Students
GreatSchools Rating
Progressive Academy

Public High School

Public
Grades 9-12
41 Students
GreatSchools Rating
Bath Middle School

Public Middle School

Public
Grades 6-8
415 Students
GreatSchools Rating
Lima West Middle School

Public Middle School

Public
Grades 7-8
352 Students
GreatSchools Rating
Bath Elementary School

Public Elementary School

Public
Grades K-5
800 Students
GreatSchools Rating
Maplewood Elementary School

Public Elementary School

Public
Grades 3-4
339 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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