603 Monroe Ave
CharlestonIL61920
Cheap Homes for Rent in Toledo, IL from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Toledo.
14 N Central Ave
CaseyIL62420
321 A St
CharlestonIL61920
24 W Buchanan Ave
CharlestonIL61920
16 W Buchanan Ave
CharlestonIL61920
1908 Marion Ave
MattoonIL61938
626 E Curry Dr
Terre HauteIN47802
1306 Arthur Ave
CharlestonIL61920
610 S 5th St
Terre HauteIN47807
1305 18th St
CharlestonIL61920
2875 S 6th St
Terre HauteIN47802
2010 N 4th St
Terre HauteIN47804
916 Kussner St
Terre HauteIN47802
620 College Ave
Terre HauteIN47802
605 Monroe Ave
CharlestonIL61920
1630 University Dr
CharlestonIL61920
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Toledo, IL Local Guide
Hometown of Superman by James Jordan is licensed under CC BY 2.0
How much does it cost to rent a home in Toledo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toledo 2 Bedroom Homes for Rent | $974 | $649 | $1,800 |
| Toledo 3 Bedroom Homes for Rent | $1,144 | $928 | $1,490 |
| Toledo 4 Bedroom Homes for Rent | $1,185 | $1,072 | $1,299 |
| Toledo 5 Bedroom Homes for Rent | $1,810 | $1,500 | $2,120 |
Browse Top Homes for Rent in Toledo
Explore Toledo
Toledo, IL Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Toledo Apartments for Rent and Nearby
The cheapest available apartment rental in Toledo, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. River Valley Apartments in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $460. Here is today’s list of the most affordable Toledo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $460 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Best Value Apartments for Rent in Toledo, IL and Nearby
As of September 10, 2025 the best value apartment in the Toledo area is the $1.16 price per square foot Single Family Home Model at Sullivan Downtown Townhomes in the starting from $1,598. The second greatest value Toledo apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Toledo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sullivan Downtown Townhomes | Single Family Home | 3BR,2.5BA | $1.16 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $0.50 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
| Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Best Local Schools in Toledo, IL
Cumberland High School
Cumberland Community Unit School District 77
Public School - Grades 9-12 (319)
6 out of 10
Cumberland Middle School
Cumberland Community Unit School District 77
Public School - Grades 5-8 (288)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toledo, IL Rentals by Map
See the most popular apartments and homes in Toledo, IL
Frequently Asked Questions about Toledo
What type of rentals are currently available in Toledo?
There are currently 42 Apartments for Rent in Toledo, IL with pricing that ranges from $351 to $2,510. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toledo ranging from $495 to $2,120.
What is the current price range for Rental Homes in Toledo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Toledo ranges from $495 to $2,120 with an average monthly rent of $1,066.
How much are larger Three and Four Bedroom Rentals in Toledo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Toledo range from $534 to $2,156, while Three Bedroom Homes, Condos, and Townhomes for rent range from $928 to $1,490. Four Bedroom Single-Family rentals are also available starting from $1,072 and Four Bedroom Apartments start at $1,322.
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.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.