Cheap 3 Bedroom Apartments for Rent in Toledo, OH from $800 (24 Rentals)

Lake of the Woods

WoodRidge Apartments and Townhomes

Canyon Cove Villas and Townhomes

Glendale Village

Larchmont Estates
Top Neighborhoods Near Toledo Colleges and Universities
Learn about Toledo and the best places to live with original content written by our Local Expert Catrina Cowart

Boulder Creek Apartments
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.

Concord Square Apartments
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.
Toledo, OH Local Guide

How much does it cost to rent an apartment in Toledo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Toledo Studio Apartments | $728 | $510 | $1,829 |
Toledo 1 Bedroom Apartments | $1,095 | $475 | $3,076 |
Toledo 2 Bedroom Apartments | $1,382 | $600 | $4,643 |
Toledo 3 Bedroom Apartments | $1,688 | $800 | $3,261 |
Toledo 4 Bedroom Apartments | $2,063 | $1,750 | $2,550 |
Explore Toledo

Toledo, OH Local Guide
- Toledo Neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Quick 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.
Getting Around Toledo, OH
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Toledo, OH Area Reviews
Cat • 2+ years in Toledo
May 7, 2025Toledo is a great place to live. Like any big city, it has all the modern amenities, but it also borders Lake Erie and is super close to Michigan and Indiana, making it easier to work in one of three states. Even better, the turnpike across northern Ohio comes through Toledo (super fast highway to get from there to the outskirts of Cleveland and down through Youngstown). Honestly, you can't beat the location.
Frequently Asked Questions about Cheap Toledo Apartments
What is a cheap apartment in Toledo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Toledo is under $625.
What is the price of a cheap apartment in Toledo?
The cheapest apartment in Toledo is Canyon Cove Villas and Townhomes which is listed at $969, while the average apartment in Toledo costs $1,568.
What types of apartments are the cheapest in Toledo?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 304 regular apartments in Toledo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Toledo?
Cheap apartments in Toledo have an average cost of $291 which is $1,277 cheaper than the average rent for all rentals in Toledo.
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.

A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH
Written by: Catrina Cowart
Hello! I'm Catrina, your ApartmentHomeLiving.com Local Expert for Toledo, Ohio, and I'm ready to tell you all about the great neighborhoods you can be a part of in this multicultural city.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.