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Rent in Lima, OH

Across Lima's 6 ZIP codes, a 2-bedroom typically rents for about $947 a month, with figures from $825–$1,179. The highest typical rent is in 45802 ($1,179) and the lowest in 45806 ($825). 5 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Allen County pay about 1.12% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Lima, OH by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$895$621–$8956
1 bed$802$290–$9016
2 beds$947$825–$1,1796
3 beds$1,084$990–$1,4186
4 beds$1,383$1,060–$1,6676

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Lima ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Lima, OH?
About $947 a month: the median of the typical rents in 6 ZIP codes, which range from $825–$1,179. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Lima, OH?
About $802 a month: the median of the typical rents in 6 ZIP codes, which range from $290–$901. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Lima, OH?
About $1,084 a month: the median of the typical rents in 6 ZIP codes, which range from $990–$1,418. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Lima, OH?
About $895 a month: the median of the typical rents in 6 ZIP codes, which range from $621–$895. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Lima, OH?
About $1,383 a month: the median of the typical rents in 6 ZIP codes, which range from $1,060–$1,667. Figures are gross rent (rent plus tenant-paid utilities).
Which Lima ZIP code has the highest rent?
For a 2-bedroom, 45802 has the highest typical rent at $1,179 a month, and 45806 the lowest at $825.
What is the property tax rate in Lima, OH?
Owner-occupied homes in Allen County pay a typical 1.12% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Lima rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).