Cheap Apartments for Rent in Toledo, OH from $300 (290 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 821 South Ave

821 South Ave

ToledoOH43609

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.

Read Article

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.

Read Article

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.

Read Article

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

Read Article
property at 4105 Walker Ave

4105 Walker Ave

ToledoOH43612

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.

Read Article
Showing Results 1-50, Page 1 of 6

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: 12/05/2025

Current apartment rentals in the Toledo, OH area range in price from $650 to $4,500 with an overall median price of $1,707. The three Toledo neighborhoods with the lowest median rent pricing are Northriver at $810, Alexis Addition at $1,075, and Birmingham at $725. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northriver$1,000$8109
Alexis Addition$1,075$1,0751
Birmingham$1,100$72518
Point Place$1,112$6506
Ironwood$1,150$72522
Nasby$1,150$1,0702
Vistula$1,150$72510
Shoreland$1,200$6503
Harvard Terrace$1,232$70027
ONYX$1,260$70053

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. University Hills in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $520. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill Apartments1BR/1BA1BR,1BA$475
University HillsA2DO Floor Plan(Double Occupancy*)1BR,1BA$520
5311 N Detroit Apartments1 Beds, 1 Baths1BR,1BA$550
Oak Hill ApartmentsSmall One Bedroom1BR,1BA$550
Prescott PlaceOne Bedroom1BR,1BA$560
The MatsonOne Bedroom1BR,1BA$600
Terraceview ApartmentsOne Bedroom1BR,1BA$600
Executive Towers ApartmentsStudio1BR,1BA$600
Larchmont EstatesNewly Renovated Studio Apartment - 0Bed/1BaStudio,1BA$625
Machen St Apartments1 Bedroom1BR,1BA$625

Best Value Apartments for Rent in Toledo, OH

As of December 05, 2025 the best value apartment in the Toledo area is the $0.57 price per square foot 3021 Powhattan Pky Model at 3021 Powhattan Pky, Unit Lower in the in the North Toledo neighborhood starting from $1,300. The second greatest value Toledo apartment is the 3030 Hardale Blvd Model at 3030 Hardale Blvd, Unit 2 Upper starting at $1,650 with a $0.89 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.
3021 Powhattan Pky, Unit Lower3021 Powhattan Pky3BR,2BA$0.57
3030 Hardale Blvd, Unit 2 Upper3030 Hardale Blvd2BR,2BA$0.89
North Towne Villas3 Bedroom3BR,1BA$0.93
3048 Carskaddon Ave, Unit 33048 Carskaddon Ave2BR,1BA$0.89
6730 Hill Ave1 Bedroom1BR,1BA$0.94
Oak Hill - Airport Hwy2BR/1BA2BR,1BA$0.84
Abbey Run2 BED 1 BATH2BR,1BA$0.92
River Bend ApartmentsOne Bedroom1BR,1BA$0.87
135 Everett St, Unit Upper135 Everett St2BR,1BA$0.89
Sunnydale Estates Apartments1 BEDROOM 1 BATH SUNNYDALE1BR,1BA$0.90

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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!

Explore Toledo, OH Rentals by Map

Decorative image of map

See the most popular apartments and homes in Toledo, OH

View Map
Toledo, OH Apartments Map
View Map
Toledo, OH Rental Homes Map

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

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • 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 Larchmont Estates listed at $625.

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 $675.

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.

decorative image for A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!