Cheap Apartments for Rent in Toledo, IA from $300 (29 Rentals)

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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.

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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
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The Tallcorn
1 to 2 Bedroom Apartments

The Tallcorn

134 E Main StMarshalltown, IA 50158
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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425 McClellan St
1 to 2 Bedroom Apartments

425 McClellan St

425 McClellan StTama, IA 52339
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-29, Page 1 of 1

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. Courtyard Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $624. 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
Courtyard ApartmentsB12BR,1BA$624
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$625
Prairie Village of LaPorte City1 Bedroom1BR,1BA$643
Crown Point Apartments2BR/1.0BA2BR,1BA$650
Hunters RunB22BR,1BA$724
Gold Falls Villa Apartments2BR/1 Bath2BR,1BA$725
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Newton Park Apartments1BR - 30% Gross Income1BR,1BA$742
Kent CircleUpdated Cozy 1 Bedroom / 1 Bath Apartment in SW...1BR,1BA$760

Best Value Apartments for Rent in Toledo, IA and Nearby

As of March 14, 2026 the best value apartment in the Toledo area is the $0.77 price per square foot 2 Bed 1 Bath - 1117 Sq. Ft. Model at Pheasant Hollow Apartments in the starting from $865. The second greatest value Toledo apartment is the 2 Bedroom 1 Bathroom Model at THE ARBORS APARTMENTS starting at $825 with a $0.83 price per square foot in the East Gate Estates neighborhood. 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.
Pheasant Hollow Apartments2 Bed 1 Bath - 1117 Sq. Ft.2BR,1BA$0.77
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
Le Chateau2BR/1.5BA2BR,1.5BA$0.90
Hunters RunB22BR,1BA$0.85
Olive Terrace ApartmentsB12BR,1BA$0.95
Pharaohs ValleyB12BR,1BA$0.95
Crown Point Apartments2BR/1.0BA2BR,1BA$0.80
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
Courtyard ApartmentsB12BR,1BA$0.96
The Reserves at South Lake1B1B1BR,1BA$0.61

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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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.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

Explore Toledo, IA Rentals by Map

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See the most popular apartments and homes in Toledo, IA

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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

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.