Cheap Apartments for Rent in Toledo, OH from $300 (333 Rentals)

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

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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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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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

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property at 3010 Warsaw St

$675 - $850

1 To 2 Bedroom Rentals

Available Now

3010 Warsaw St

ToledoOH43608
property at 18 Reed St

$675 - $760

1 To 2 Bedroom Rentals

Available Now

18 Reed St

ToledoOH43605

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Toledo, OH Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Toledo, OH

Pricing Updated: 03/07/2026

Current apartment rentals in the Toledo, OH area range in price from $600 to $4,500 with an overall median price of $1,739. The three Toledo neighborhoods with the lowest median rent pricing are Vistula at $800, Beverly at $700, and Fitch at $625. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Vistula$1,117$8006
Beverly$1,150$7003
Fitch$1,209$62523
Southwyck$1,225$9003
Wernert's Corner$1,225$89512
Uptown Toledo$1,272$1,0006
Warren Sherman$1,272$8507
Ironwood$1,300$69726
Old West End$1,300$1,0506
Glendale Heatherdowns$1,325$1,3003

Cheapest Available Toledo Apartments for Rent

 

The cheapest available apartment rental in Toledo, OH is a 1 Bed unit found at Oak Hill Apartments in the Glendale neighborhood priced from $475. Prescott Place in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill Apartments1BR/1BA1BR,1BA$475
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$495
The Avenue1 Bed 1 Bath Apt.1BR,1BA$500
Oak Hill ApartmentsSmall One Bedroom1BR,1BA$550
Executive Towers ApartmentsStudio1BR,1BA$600
Terraceview ApartmentsOne Bedroom1BR,1BA$600
Southwyck Place Apartments1A1BR,1BA$619
Machen St Apartments1 Bedroom1BR,1BA$625
Park Terrace ApartmentsThe Maple1BR,1BA$635
Westbrook ApartmentsOne Bedroom1BR,1BA$650

Best Value Apartments for Rent in Toledo, OH

As of March 08, 2026 the best value apartment in the Toledo area is the $0.96 price per square foot 2 Bedroom Apartment Model at Eagle Ridge Apartments in the in the Southwyck neighborhood starting from $1,100. The second greatest value Toledo apartment is the B2 Floor Plan Model at University Hills starting at $609 with a $0.61 price per square foot in the North Toledo 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.
Eagle Ridge Apartments2 Bedroom Apartment2BR,2BA$0.96
University HillsB2 Floor Plan2BR,1.5BA$0.61
Prescott Place3 Bed 1 Bath Apt.3BR,1BA$0.70
Greenwich ApartmentsTwo Bedroom2BR,1BA$0.93
Brookhill ApartmentsTwo-Bedroom Apartment2BR,1BA$1.00
Oak Hill - Airport Hwy2BR/1BA2BR,1BA$0.84
Jackman Grove2 BR, 1 BA- Upgrade2BR,1BA$0.94
River Bend ApartmentsOne Bedroom1BR,1BA$0.87
Cone St Apartments1 Bedroom1BR,1BA$0.97
The Avenue1 Bed 1 Bath Apt.1BR,1BA$0.97

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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The 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.

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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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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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Toledo Overview

"Toledo, Ohio, located on the Maumee River and just north of the Great Black Swamp giving it the nickname “Frog Town,” is one of the best-kept secrets in the United States. It is rich in culture, history, outdoor activities, and it all comes at a low cost of living. The friendly down-to-earth locals represent the city’s attitude and slogan “You will do better in Toledo."" Toledo is also known for its roots in the glass industry as the “Glass City” and home of the Martin Luther King, Jr. Plaza with a 50-by-4 foot glass mural as a reminder that Toledo is the center of the glass industry. With so much history and fun to be had by residents, it's no wonder so many find their perfect home among the many options in Toledo apartments."

Why live in Toledo, OH?

Toledo has an excellent mix of culture, art, education opportunities, outdoor activities, city history, museums, and landmarks. It is a family-focused community with an extensive park system throughout the city. The University of Toledo has a beautiful campus on 858 acres and was rated Tier 2 in the 2016 edition of the Best Colleges. Toledo has a long history of innovation from businesses like the glass industry and Jeep vehicles. The diversity of the population adds variety to the local food, music, art, and fun in the area. Toledo is a place you don't want to miss!

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Toledo, OH Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
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  • Traffic
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  • Outdoor Access
  • Cost of Living
  • Safety

Catrina • 1+ years in Toledo

September 4, 2025

Toledo has a lot of fantastic things to do and places to live. I'm particularly fond of Ottawa, especially with its Metropark system. For families, there are neighborhoods a little bit away from Toledo's main campus, which to me feel like less congested areas that are easier to get around. I love the easy access to the Ohio Turnpike!

Cat • 2+ years in Toledo

May 7, 2025

Toledo 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 the Cheapest Studio apartment in Toledo?

Currently the most affordable Cheap Studio Apartment in Toledo is at Fox Creek listed at $668.

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

The lowest price for a Cheap One Bedroom Toledo Apartment is $475 at Oak Hill Apartments.

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 $640 at Oak Hill Apartments.

What is the most affordable Toledo Three Bedroom Apartment?

The best deal on a cheap Toledo Three Bedroom Apartment rental is at Prescott Place and starts from $650.

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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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.