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Rental Market Trends in Elida, OH

What is the average rent in Elida, OH?

$857/month

Average Rent

600 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of April 2026, the average rent in Elida, OH is $857 per month. This is 47% lower than the national average rent of $1,627/month, making renting in Elida more affordable than most cities in the US. When you rent an apartment in Elida, you can expect to pay about per month for a studio, $857 for a one-bedroom apartment, and around $935 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$857/month
600 Sq Ft
Two Bedroom
$935/month
800 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elida, OH?

In the past year, rent has increased by 1.9%, which averages out to $16 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Elida, OH
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Elida, OH
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Elida, OH?

Because the average rent in Elida is $857, you’ll want to make about $2,856 per month or $34,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elida, OH

1 Available Apartments for Rent

Search for Nearby Apartments

How does Elida, OH compare to other nearby cities and neighborhoods?

Use the tool below to compare Elida, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Elida we think you'll love

1976 N Eastown Rd

1976 N Eastown Rd

1976 N Eastown Rd,
Elida, OH 45807

$1,500

2 Beds

Metro Center

Metro Center

127 N Elizabeth St,
Lima, OH 45801

$1,300 - $2,500

1-2 Beds

Royal Jameson

Royal Jameson

139 N Jameson Ave,
Lima, OH 45805

$738 - $1,005

1-2 Beds

Mark Royal

Mark Royal

901 W Market St,
Lima, OH 45805

$590 - $970

Studio - 2 Beds

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United States Ohio Elida Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity