$750 Per Month
- 2 Beds
- 1 Bath
- 858 Sq Ft
- House for Rent
509 Pleasantview St Unit 511, Ada, OH 45810
2 bedroom, 1 bathroom apartment for rent in Ada, OH. Realtor owned. No pets. Storage shed included.
Larry Smith Smith's Realty Professionals, Inc.
Frequently Asked Questions
How much does it cost to rent a home in Ada, OH?
The median rent for a home in Ada, OH is $1,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Ada, OH?
To comfortably afford the median rent in Ada, OH, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Ada, OH, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Ada, OH?
In Ada, OH, the price-to-rent ratio is 11.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Ada, OH are best for renting a home?
The best neighborhood for renting in Ada, OH depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Central Lima, Riverside North, Southside Lima and Eastside Lima, each with its own character and price range.
