Cheap Apartments for Rent in Toledo, OR from $400 (55 Rentals)

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

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.

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Veri at Timberhill
Rent Specials
$1,420 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $1,895
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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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.

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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.

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Jackson Commons
1 to 2 Bedroom Apartments

Jackson Commons

505-567 Jackson St WMonmouth, OR 97361
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The Riviera
1 to 2 Bedroom Apartments

The Riviera

825 NW 23rd AveCorvallis, OR 97330
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Rivergreen Landing
1 to 3 Bedroom Apartments

Rivergreen Landing

3350 Southeast Midvale DriveCorvallis, OR 97333
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The Park at Fifth
1 to 3 Bedroom Apartments

The Park at Fifth

625 NW 5th StCorvallis, OR 97330

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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Osprey Point
Studio to 2 Bedroom Apartments

Osprey Point

75 C StIndependence, OR 97351
property at 1000 SE Bay Blvd.

$1,600 - $1,900

Studio To 1 Bedroom Rentals

Available Now

1000 SE Bay Blvd.

NewportOR97365

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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Toledo, OR Local Guide

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 $999. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fisterra Garden Townhomes0 Bedrooms 1 BedroomStudio,1BA$495
The Vicinity2x12BR,1BA$999
7th Street Station4BR/4BA - A - Premium4BR,4BA$1,104
Metro Gardens2 Bedroom 1 Bath - 625192BR,1BA$1,195
Oakvilla1x11BR,1BA$1,195
Jackson Commons2x12BR,1BA$1,300
Villa Chateau Apartments2/1.5 A2BR,1BA$1,345
Victoria Place Apartments1x1 Flat1BR,1BA$1,350
020-Creekside Apartments2x12BR,1BA$1,400
Riverplace Apartment HomesSpringStudio,1BA$1,411

Best Value Apartments for Rent in Toledo, OR and Nearby

As of July 23, 2026 the best value apartment in the Toledo area is the $0.80 price per square foot 4BR/4BA - A - Premium Model at 7th Street Station in the starting from $1,104. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7th Street Station4BR/4BA - A - Premium4BR,4BA$0.80
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
Conifer PlaceTwo Bed Two Bath B2BR,2BA$1.74
The Union4BR/3BA - Douglas Elite Tech4BR,3BA$1.15
020-Creekside Apartments2x12BR,1BA$1.61
Villa Chateau Apartments2/1.5 A2BR,1.5BA$1.79
Jackson Commons2x12BR,1BA$1.81
Fisterra Garden Townhomes0 Bedrooms 1 BedroomStudio ,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.

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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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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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See the most popular apartments and homes in Toledo, OR

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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 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 $1,195 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 $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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.