
Cheap Apartments for Rent in Toledo, OR from $600 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Toledo.


Total Monthly Price
195 NW 6th St

Fillmore Inn Studio Apartments

The Vicinity

Rivergreen Landing

Oakvilla

The Riviera

Witham Hill Oaks
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.

300 Hoxton Ave

Park Plaza

Victoria Place Apartments

Crystal Lake Apartments

Riverplace Apartment Homes

#314 THE MAPLES APARTMENTS

Independence Landing Apartments

478 S Main St
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.

Villa Chateau Apartments

Total Monthly Price
Veri at Timberhill

#309 CASCADE VIEW COMMONS

020-Creekside Apartments

1335 North

Witham Village

Briar Ridge Apartments

The Banks
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.

Plumtree Apartments

Mountain View at Rivergreen Apartments

Oak Vale Apartments

Walnut Creek Apartments

Ash Creek Apartments

Osprey Point

Total Monthly Price
Legacy Oaks Apartments

Total Monthly Price
Creekside & Spring Creek
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.

1250 NW 29th St

Jackson Commons

2050 US-101

Wolfpack Village Apartments

9178 NW Seal Rock St

838 SE Oar Ave

The Park at Fifth

249 NW 3rd St
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.

680 SE Hwy 101

1000 SE Bay Blvd.

3031 NE West Devils Lake Rd
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 | $1,446 | $1,200 | $1,699 |
| Toledo 1 Bedroom Apartments | $1,541 | $695 | $2,042 |
| Toledo 2 Bedroom Apartments | $1,826 | $1,000 | $2,765 |
| Toledo 3 Bedroom Apartments | $2,083 | $1,533 | $2,845 |
| Toledo 4 Bedroom Apartments | $2,950 | $1,900 | $4,000 |
Browse Top Apartments in Toledo
See all Apartments in ToledoExplore Toledo
Toledo, OR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Toledo Apartments for Rent and Nearby
 The cheapest available apartment rental in Toledo, OR is a 1 Bed unit found at Jackson Commons in the Monmouth Independence neighborhood priced from $850. The Vicinity has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here is today’s list of the most affordable Toledo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jackson Commons | 1x1 Quad Unit Special | 1BR,1BA | $850 |
| The Vicinity | 2.S | 2BR,1BA | $1,000 |
| Oakvilla | 1x1 | 1BR,1BA | $1,195 |
| The Riviera | 1BR 1 Bath | 1BR,1BA | $1,250 |
| Wolfpack Village Apartments | 2 Bed Flat | 2BR,1BA | $1,250 |
| Witham Hill Oaks | Garden Style - One Bedroom | 1BR,1BA | $1,253 |
| 300 Hoxton Ave | 2BR-1Bath | 2BR,1BA | $1,295 |
| Victoria Place Apartments | 1x1 Flat | 1BR,1BA | $1,300 |
| Park Plaza | Studio | Studio,1BA | $1,300 |
| Riverplace Apartment Homes | Spring | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Toledo, OR and Nearby
As of April 24, 2026 the best value apartment in the Toledo area is the $1.22 price per square foot 2 Bed, 2 Bath Model at Yugo Corvallis Domain in the starting from $1,199. The second greatest value Toledo apartment is the 2BR 2 Bath Model at Crystal Lake Apartments starting at $1,625 with a $1.70 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. |
|---|---|---|---|
| Yugo Corvallis Domain | 2 Bed, 2 Bath | 2BR,2BA | $1.22 |
| Crystal Lake Apartments | 2BR 2 Bath | 2BR,2BA | $1.70 |
| Legacy Oaks Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| Ash Creek Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.75 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1.64 |
| Villa Chateau Apartments | 2/1.5 B | 2BR,1.5BA | $1.68 |
| #314 THE MAPLES APARTMENTS | 1 Bedroom | 1BR,1BA | $1.72 |
| 300 Hoxton Ave | 2BR-1Bath | 2BR,1BA | $1.63 |
| Wolfpack Village Apartments | 2 Bed Flat | 2BR,1BA | $1.62 |
| Victoria Place Apartments | 1x1 Flat | 1BR,1BA | $1.85 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Park Plaza listed at $1,300.
How much is rent for a Cheap One Bedroom Toledo Apartment?
The lowest price for a Cheap One Bedroom Toledo Apartment is $850 at Jackson Commons.
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 $1,000 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 Witham Hill Oaks and starts from $1,533.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.