Top Rated Cheap Apartments for Rent in Toledo, OH from $300 (39 Rentals)

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Top Rated Apartments in Toledo.

Cheap Apartments in Toledo.

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

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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Airport Manor
Studio Apartments

Airport Manor

3950-3958 Airport HwyToledo, OH 43615
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Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

800 Division Sreet StToledo, OH 43604
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Park Lane Residences
Studio to 1 Bedroom Apartments

Park Lane Residences

142 23rd StToledo, OH 43604
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The Residenz at Sylvania
1 to 2 Bedroom Apartments

The Residenz at Sylvania

3316 Percentum RdToledo, OH 43617
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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.

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Convent Park Apartments
Studio to 1 Bedroom Apartments

Convent Park Apartments

6600 Convent BlvdSylvania, OH 43560
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Lourdes Commons
2 Bedroom Apartments

Lourdes Commons

6557 Brint RdSylvania, OH 43560
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Winchester Apartments
2 Bedroom Apartments

Winchester Apartments

203 W Sophia StMaumee, OH 43537
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Hamlet at Maumee
1 to 2 Bedroom Apartments

Hamlet at Maumee

1371 Picadilly LnMaumee, OH 43537
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Coral Ridge Apartments
2 Bedroom Apartments

Coral Ridge Apartments

8164 Bay CtTemperance, MI 48182
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Mayberry Village
1 to 2 Bedroom Apartments

Mayberry Village

8160 Sunset LnSylvania, OH 43560
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Toledo, OH Local Guide

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.

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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

Toledo, OH Area Reviews

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Cat2+ 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 $1,559.

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 306 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 $290 which is $1,269 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 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.

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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.

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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.