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Photos Floor Plans Amenities
Updated 21 hours ago

Nantucket

VERIFIED

5717 5719 S. Nantucket Dr. Lorain, OH

1 - 2 Bed
•
1 Bath

683 - 815 Sq. Ft.

Available Now
1 Bed • 1 Bath
$865
683 ft2
1 Available
17-112
$865
Available Mar 3rd, 2026
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2 Beds • 1 Bath
$940
730 ft2
1 Available
17-214
$940
Available Now
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View Rented Units
2 Beds • 1 Bath
$940
815 ft2
1 Available
17-213
$940
Available Mar 3rd, 2026
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View Rented Units
View More
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
63
Somewhat Walkable
Bike Score®
46
Somewhat Bikeable
Amenities
On-site Laundry
Air Conditioning
Water Included
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Restrictions:

We use a third-party service, PetScreening, to ensure all applicants understand how to adhere to the property's pet and animal policies, even if you do not have a pet or animal.

All applicants should complete a Pet, No Pet, or Animal Profile.

Size Restrictions:

Dog up to 25 lbs. Cat up to 25 lbs.

Lease & Fees
Lease Length:

12 Months

Application Fee: $0
Security Deposit: $590.00
Admin Fee: $75.0000
Property details
Description

Situated conveniently off Cooper Foster Park Rd., Nantucket Apartments provide the perfect blend of accessibility and tranquility. Whether you're stepping out to shop, dine, commute, or catch public transportation, everything you need is just a moment away!
Apartment Amenities:
Air Conditioning
Updated Flooring*
Balcony, Deck, Patio*: Select units offer private outdoor spaces perfect for relaxation and entertainment.
Updated Appliances*
Community Amenities:
Secure Building Entry
On-Site Property Management
24 Hour Emergency Maintenance
On-Site Laundry
Private Parking for Residents and Guests
Weekly Common Area Cleaning
Professional Landscaping
For availability or to fill out an application, visit us at www.madisondevelopmentcompany.com
*Availability in select units. Terms and conditions apply.

Additional Details
Other: Renters Insurance Required
Total Unit Count: 23
Last Updated: Updated 21 hours ago
Contact Number: (734) 447-3620
Property manager information
Madison Development Company, LLC
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Office Hours
Monday: 9:00 AM - 4:00 PM
Tuesday: 9:00 AM - 4:00 PM
Wednesday: 9:00 AM - 4:00 PM
Thursday: 9:00 AM - 4:00 PM
Friday: 9:00 AM - 4:00 PM
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Nantucket by bedroom type below.
1 Bedroom
Suggested income:
$31,100
per year
2 Bedroom
Suggested income:
$33,800
per year
Rent report

Nantucket Rent vs. Lorain Average

 Nantucket      Lorain Average
1BR
$865
$815
$0
$300
$600
$900
$1,200
2BR
$940
$1,062
$0
$350
$700
$1,050
$1,400

Nantucket is asking 6% more than the average 1 bedroom apartment in Lorain.

If you upsized to an average priced Lorain 2 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Lorain studio apartment, you would pay 13% less per month.

Nantucket provides 14% more square footage than the average Lorain 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Nantucket
1BR $865 $1.30 $2,595
2BR $940 $1.20 $2,820
Lorain Average
Studio $724 $1.70 $2,171
1BR $815 $1.40 $2,444
2BR $1,062 $1.30 $3,185
3BR $1,338 $1.00 $4,013
4BR $1,568 $1.00 $4,703

Availability in Lorain

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 33 2BR units on the market in Lorain. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
11% 18% 32% 21% 16%
Available Units in Lorain
Studio 11
1BR 19
2BR 33
3BR 22
4BR 17
Location
Nearby College
Nearby Hospitals
Name Distance
Specialty Hospital Of Lorain 1.93 mi.
Mercy Regional Medical Center 2.36 mi.
Clear Vista Health & Wellness 2.41 mi.
Nearby Fire Stations
Name Distance
Sheffield Township Fire Department 1.18 mi.
Lorain Fire Department 1.18 mi.
Elyria Township Fire Department 1.25 mi.
FAQs
Do you accept Section 8 housing?
We do not accept Section 8.
What is your Employment/Income Verification criteria?
Your income needs to average 3 times your monthly rent. For example, if the apartment you wish to rent is $500/month, you must gross income about $1500/mo.
Do you require a security deposit?
Yes, equal to one months rent.
Is there a hold deposit after application is approved?
$100 non-refundable hold deposit must be paid within 48 hours of approval to hold unit; applied toward security deposit balance.
When is the security deposit due?
Remaining balance of security deposit must be made within 7 days of the $100 non-refundable hold deposit.
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