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Studio Apartment for Rent in Wapakoneta, OH

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    $795 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    307 E Auglaize St, Wapakoneta, OH 45895

    This efficiency apartment at 307 E Auglaize, 3R in Wapakoneta offers a simple, functional layout. Rent is $795/month with a $1,000 security deposit.

    307 E Auglaize St, Wapakoneta, OH 45895

Why Live in Wapakoneta

Wapakoneta, OH, a small city with a population under 10,000, is renowned as the birthplace of Neil Armstrong. Located 90 miles northwest of Columbus, Wapakoneta boasts a vibrant and historic downtown district with events like First Fridays and the Summer Moon Festival, celebrating the Apollo 11 mission. The city’s housing market features a mix of historic Victorian homes and modern farmhouses, with prices ranging from $65,000 to $700,000. The Wapakoneta City School District is highly rated, with a graduation rate of 92%. Local attractions include seven parks, the Wapakoneta Waterpark, and the Riverwalk trail, which connects schools to downtown and the Defiance Street YMCA. The downtown area, lined with local shops and restaurants, also features the Riverside Art Center and the Wapakoneta Museum. Despite the lack of public bus service, residents have convenient access to Interstate 75, connecting them to Dayton and the Dayton International Airport. Healthcare needs are met by the Lima Memorial Health System, located 16 miles north. Wapakoneta experiences humid summers and snowy winters, with crime rates generally lower than the national average.

Frequently Asked Questions

How much does it cost to rent a home in Wapakoneta, OH?
The median rent for a home in Wapakoneta, OH is $795 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option.
How much do you need to make to afford rent in Wapakoneta, OH?
To comfortably afford the median rent in Wapakoneta, OH, a household needs to earn roughly $31,800 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 $795 per month in Wapakoneta, OH, renters typically need to show $2,385 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 Wapakoneta, OH?
In Wapakoneta, OH, the price-to-rent ratio is 24.5, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$795
Median Townhouse Rent
$795
How to Rent a Home