Cheap Apartments for Rent in Toledo, OH from $300 (337 Rentals)

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

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Toledo, OH Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Toledo, OH

Pricing Updated: 08/28/2025

Current apartment rentals in the Toledo, OH area range in price from $340 to $8,623 with an overall median price of $1,357. The three Toledo neighborhoods with the lowest median rent pricing are Alexis Addition at $625, Shoreland at $625, and Whitmer at $595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Alexis Addition$825$6254
Shoreland$825$6256
Whitmer$869$5956
Whitmer Trilby$885$58316
Wernert's Corner$892$65010
Elmhurst$915$64324
Trilby$999$58336
ONYX$1,049$550105
Southside$1,099$57521
Lagrange$1,110$55072

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. The Avenue in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill Apartments1BR/1BA1BR,1BA$475
The AvenueOne Bedroom1BR,1BA$550
University HillsA2DO Floor Plan(Double Occupancy*) - Sold Out!1BR,1BA$585
Prescott Place1 Beds, 1 Baths1BR,1BA$595
Parkside ApartmentsThe Brook1BR,1BA$600
Prescott PlaceTwo Bedroom2BR,1BA$600
Executive Towers ApartmentsStudio1BR,1BA$600
Southwyck Place Apartments1A1BR,1BA$620
Larchmont EstatesNewly Renovated 1 Bedroom 1 Bath Apartment1BR,1BA$624
Point Place ApartmentsOne Bedroom One Bath1BR,1BA$625

Best Value Apartments for Rent in Toledo, OH

As of August 28, 2025 the best value apartment in the Toledo area is the $0.89 price per square foot 1935 Glendale Ave Model at 1935 Glendale Ave, Unit Spacious Duplex Lower in the in the Glendale neighborhood starting from $1,500. The second greatest value Toledo apartment is the The Erie Model at Commodore Perry Apartments starting at $1,199 with a $0.89 price per square foot in the Ironwood 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.
1935 Glendale Ave, Unit Spacious Duplex Lower1935 Glendale Ave3BR,1BA$0.89
Commodore Perry ApartmentsThe Erie2BR,1BA$0.89
Eagle Ridge Apartments2 Bedroom Apartment2BR,2BA$0.96
4715 Bennett Rd, Unit 134715 Bennett Rd2BR,1BA$0.80
River View ApartmentsTwo bedroom2BR,1BA$0.97
North Towne Villas2 Bedroon2BR,1BA$0.95
Sunnydale Estates Apartments2 BEDROOM 1 BATH SUNNYDALE2BR,1BA$0.86
Hunters Ridge Toledo2 BEDROOM 1 BATH2BR,1BA$0.91
Oak Hill - Airport Hwy2BR/1BA2BR,1BA$0.84
River Bend ApartmentsOne Bedroom1BR,1BA$0.87

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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!

Explore Toledo, OH Rentals by Map

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See the most popular apartments and homes in Toledo, OH

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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

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 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 Oak Hill Apartments which is listed at $475, while the average apartment in Toledo costs $1,357.

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 527 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 $418 which is $939 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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.