
Cheap Apartments for Rent in Toledo, OR from $495 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Toledo.


165 NE 6th St

686/A/

173 NW 6th St

383 SE Olson Rd

Fisterra Garden Townhomes

Fillmore Inn Studio Apartments

The Vicinity

Wolfpack Village Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Metro Gardens

Oakvilla

Villa Chateau Apartments

Willamette Crossing

Victoria Place Apartments

Independence Landing Apartments

478 S Main St

020-Creekside Apartments

Riverplace Apartment Homes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Witham Village

Briar Ridge Apartments

Total Monthly Price
Legacy Oaks Apartments

Witham Hill Oaks

Park Plaza Apartments

#314 THE MAPLES APARTMENTS

Oak Vale Apartments

Mountain View at Rivergreen Apartments

Riddell Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
Veri at Timberhill

#309 CASCADE VIEW COMMONS

Plumtree Apartments

Walnut Creek Apartments

1250 NW 29th St

Conifer Place

Jackson Commons

The Riviera

Rivergreen Landing
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

9178 NW Seal Rock St

130 SW Brook St

Crystal Lake Apartments

Osprey Point

531 NW 32nd St

The Park at Fifth

Ash Creek Apartments

221 NW 3rd St

680 SE Hwy 101
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.

1000 SE Bay Blvd.
Toledo, OR Local Guide

How much does it cost to rent an apartment in Toledo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toledo Studio Apartments | $1,197 | $495 | $1,699 |
| Toledo 1 Bedroom Apartments | $1,462 | $536 | $2,079 |
| Toledo 2 Bedroom Apartments | $1,671 | $645 | $2,650 |
| Toledo 3 Bedroom Apartments | $1,881 | $743 | $2,925 |
| Toledo 4 Bedroom Apartments | $1,142 | $745 | $4,000 |
Browse Top Apartments in Toledo
See all Apartments in ToledoExplore Toledo
Toledo, OR Local Guide
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Cheapest Available Toledo Apartments for Rent and Nearby
 The cheapest available apartment rental in Toledo, OR is a Studio unit found at Fisterra Garden Townhomes priced from $495. The Vicinity has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here is today’s list of the most affordable Toledo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fisterra Garden Townhomes | 0 Bedrooms 1 Bedroom | Studio,1BA | $495 |
| The Vicinity | 2x1 | 2BR,1BA | $899 |
| 686/A/ | 1BR/1.0BA | 1BR,1BA | $1,095 |
| Metro Gardens | 2 Bedroom 1 Bath - 77325 | 2BR,1BA | $1,195 |
| Oakvilla | 1x1 | 1BR,1BA | $1,195 |
| Wolfpack Village Apartments | 2 Bed Flat | 2BR,1BA | $1,250 |
| Victoria Place Apartments | 1x1 Flat | 1BR,1BA | $1,350 |
| Osprey Point | 0BR/1.0BA | Studio,1BA | $1,350 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1,400 |
| Witham Village | One Bedroom | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Toledo, OR and Nearby
As of September 07, 2026 the best value apartment in the Toledo area is the $1.64 price per square foot Rogue Three Bedroom Model at The Banks in the in the Hackleman neighborhood starting from $2,205. The second greatest value Toledo apartment is the Two Bedroom Model at 478 S Main St starting at $1,850 with a $1.48 price per square foot in the Monmouth Independence neighborhood. 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. |
|---|---|---|---|
| The Banks | Rogue Three Bedroom | 3BR,2BA | $1.64 |
| 478 S Main St | Two Bedroom | 2BR,2BA | $1.48 |
| Riverplace Apartment Homes | Falls | 2BR,2BA | $1.80 |
| Riddell Apartments | Riddell Apartments - 2bed/2bath/880sf | 2BR,2BA | $1.90 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1.61 |
| Wolfpack Village Apartments | 2 Bed Flat | 2BR,1BA | $1.62 |
| Victoria Place Apartments | 1x1 Flat | 1BR,1BA | $1.92 |
| 686/A/ | 1BR/1.0BA | 1BR,1BA | $1.60 |
| Metro Gardens | 2 Bedroom 1 Bath - 62519 | 2BR,1BA | $1.88 |
| Fisterra Garden Townhomes | 0 Bedrooms 1 Bedroom | Studio ,1BA | $1.51 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toledo, OR Rentals by Map
See the most popular apartments and homes in Toledo, OR
Frequently Asked Questions about Cheap Toledo Apartments
What is the Cheapest Studio apartment in Toledo?
Currently the most affordable Cheap Studio Apartment in Toledo is at Fisterra Garden Townhomes listed at $495.
How much is rent for a Cheap One Bedroom Toledo Apartment?
The lowest price for a Cheap One Bedroom Toledo Apartment is $1,095 at 686/A/.
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 $645 at Fisterra Garden Townhomes.
What is the most affordable Toledo Three Bedroom Apartment?
The best deal on a cheap Toledo Three Bedroom Apartment rental is at Victoria Place Apartments and starts from $1,750.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.