Cheap Apartments for Rent in Toledo, IA from $300 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Toledo.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Stella Townhomes
1 to 4 Bedroom Apartments

Stella Townhomes

1236 Bliss StreetGrinnell, IA 50112
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Toledo, IA Local Guide

Cheapest Available Toledo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Toledo, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $505. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
The Tallcorn1 bedroom, 1 bath1BR,1BA$505
Hunters RunA11BR,1BA$550
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Courtyard ApartmentsB12BR,1BA$650

Best Value Apartments for Rent in Toledo, IA and Nearby

As of October 25, 2025 the best value apartment in the Toledo area is the $0.35 price per square foot 4BR/2BA Model at Hawkeye Towers - Historical Access in the starting from $380. The second greatest value Toledo apartment is the 3 Bed 2 Bath Model at Woodland Heights starting at $945 with a $0.93 price per square foot . Here is today’s list of the best values for Toledo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hawkeye Towers - Historical Access4BR/2BA4BR,2BA$0.35
Woodland Heights3 Bed 2 Bath3BR,2BA$0.93
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
Hunters RunB22BR,1BA$0.82
Meadow Ridge Apartments2 BR/ 1 BA2BR,1BA$0.93
East Olive ApartmentsB1.52BR,1.5BA$0.89
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Crown Point Apartments2BR/1.0BA2BR,1BA$0.95
The Reserves at South Lake1B1B1BR,1BA$0.61
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.83

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Toledo, IA

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Toledo Apartments

How much is rent for a Cheap One Bedroom Toledo Apartment?

The lowest price for a Cheap One Bedroom Toledo Apartment is $395 at The Reserves at South Lake.

What is the lowest price for a Cheap Two Bedroom Toledo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Toledo is starting from $470 at The Reserves at South Lake.

What is the most affordable Toledo Three Bedroom Apartment?

The best deal on a cheap Toledo Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.