Cheap Apartments for Rent in Toledo, OR from $600 (44 Rentals)

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

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.

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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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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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Veri at Timberhill
Rent Specials
$1,510 - $1,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,510 - $1,945
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Veri at Timberhill

2380 NW Rolling Green DrCorvallis, OR 97330
Pet Friendly
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  • Customer Reviewed
  • 3D Tour

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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property at 2050 US-101

$900

Studio Rentals

Available Now

2050 US-101

Depoe BayOR97341
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Jackson Commons
1 to 2 Bedroom Apartments

Jackson Commons

505-567 Jackson St WMonmouth, OR 97361

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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The Park at Fifth
1 to 3 Bedroom Apartments

The Park at Fifth

625 NW 5th StCorvallis, OR 97330
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Toledo, OR Local Guide

Cheapest Available Toledo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Toledo, OR is a 2 Beds unit found at The Vicinity priced from $999. The Riviera has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vicinity2x12BR,1BA$999
The Riviera2BR 1 Bath2BR,1BA$1,099
Oakvilla1x11BR,1BA$1,195
Victoria Place Apartments1x1 Flat1BR,1BA$1,300
#314 THE MAPLES APARTMENTS1 Bedroom1BR,1BA$1,375
Independence Landing ApartmentsS1Studio,1BA$1,375
020-Creekside Apartments2x12BR,1BA$1,400
The BanksPebble StudioStudio,1BA$1,420
Riverplace Apartment HomesCreek1BR,1BA$1,499
Oak Vale Apartments2BD/1BA2BR,1BA$1,499

Best Value Apartments for Rent in Toledo, OR and Nearby

As of June 08, 2026 the best value apartment in the Toledo area is the $1.48 price per square foot Two Bedroom Model at 478 S Main St in the in the Monmouth Independence neighborhood starting from $1,850. The second greatest value Toledo apartment is the 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain starting at $799 with a $0.65 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.
478 S Main StTwo Bedroom2BR,2BA$1.48
Yugo Corvallis Domain3 Bed, 3 Bath Classic3BR,3BA$0.65
Park PlazaTwo Bedroom-Two Bath2BR,2BA$1.62
Crystal Lake Apartments2BR 2 Bath2BR,2BA$1.70
Legacy Oaks Apartments2 Bed 2 Bath2BR,2BA$1.69
Ash Creek Apartments2 Beds, 1 bath2BR,1BA$1.75
020-Creekside Apartments2x12BR,1BA$1.61
Creekside & Spring CreekSpring Creek 2x1 Small2BR,1BA$1.87
#314 THE MAPLES APARTMENTS1 Bedroom1BR,1BA$1.72
Victoria Place Apartments1x1 Flat1BR,1BA$1.85

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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Real 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.

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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, OR Rentals by Map

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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 Independence Landing Apartments listed at $1,375.

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

The lowest price for a Cheap One Bedroom Toledo Apartment is $1,195 at Oakvilla.

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 $999 at The Vicinity.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.