
Cheap Apartments for Rent in the Center City Neighborhood of Toledo, OH from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Center City area of Toledo.


111 S Summit St, Unit 121

111 S Summit St, Unit 204

111 S Summit St, Unit 216

111 S Summit St, Unit 129

111 S Summit St, Unit 223
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

603 Milton St

Historic Hillcrest Apartments

Commodore Perry Apartments

Edge 21 Apartments

Tower on the Maumee and Ferrara Flats

LaSalle Apartments
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.

Parqwood Apartments

Ashland Manor 55+

Executive Towers Apartments

Collingwood Green

Park Lane Residences

Edward Libbey Apartments
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.

Museum Place Apartments

Uptown Art Center

Beacon Place Apartments

Superior Apartments

Covenant House

630 Mulberry St, Unit 1
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.

626 Walnut St

332 14th St

The Summit
Center City, Toledo, OH Local Guide

How much does it cost to rent an apartment in Center City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Center City Studio Apartments | $890 | $700 | $1,175 |
| Center City 1 Bedroom Apartments | $1,628 | $565 | $4,681 |
| Center City 2 Bedroom Apartments | $1,999 | $740 | $6,071 |
| Center City 3 Bedroom Apartments | $1,675 | $1,575 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Center City Neighborhood of Toledo, OH.
See all Apartments in ToledoExplore Toledo
Center City, Toledo, OH Local Guide
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Cheapest Available Center City Apartments for Rent
 The cheapest available apartment rental in the Center City area of Toledo, OH is a 1 Bed unit found at The Avenue priced from $500. Beacon Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Center City apartments for rent in Toledo, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue | 1 Bed 1 Bath Apt. | 1BR,1BA | $500 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Executive Towers Apartments | 1 Bed 1 Bath | B | 1BR,1BA | $771 |
| Historic Hillcrest Apartments | 303-603 | 2BR,1BA | $950 |
| The Summit | 1BR/1.0BA | 1BR,1BA | $1,100 |
| LaSalle Apartments | The Delaware | 1BR,1BA | $1,102 |
| Marina Lofts Toledo | The Miami | 1BR,1BA | $1,147 |
| The Berdan | A | 1BR,1BA | $1,240 |
| Edge 21 Apartments | 1 Bed/1 Bath B | 1BR,1BA | $1,250 |
| Standart Lofts | X02 | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Center City, OH
As of June 02, 2026 the best value apartment in the Center City area is the $0.91 price per square foot 312-712 Model at Historic Hillcrest Apartments in the in the North Toledo neighborhood starting from $1,100. The second greatest value Center City apartment is the 911 Madison Ave Model at 911 Madison Ave, Unit C starting at $1,550 with a $1.55 price per square foot in the Ironwood neighborhood. Here is today’s list of the best values for Center City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Historic Hillcrest Apartments | 312-712 | 2BR,1BA | $0.91 |
| 911 Madison Ave, Unit C | 911 Madison Ave | 2BR,2BA | $1.55 |
| Standart Lofts | X09-26 | 1BR,1BA | $1.48 |
| LaSalle Apartments | The Delaware | 1BR,1BA | $1.24 |
| The Summit | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Fort Industry Square | 1BD/1BA | 1BR,1BA | $1.53 |
| Executive Towers Apartments | 1 Bed 1 Bath | B | 1BR,1BA | $0.96 |
| The Berdan | A | 1BR,1BA | $1.58 |
| The Avenue | 2 Bed 1 Bath Apt. | 2BR,1BA | $1.09 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Ohio including Center City, Toledo, and the greater Toledo area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, places to raise kids, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Center City Apartments
How much is rent for a Cheap One Bedroom Center City Apartment?
The lowest price for a Cheap One Bedroom Center City Apartment is $500 at The Avenue.
What is the lowest price for a Cheap Two Bedroom Center City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Center City is starting from $740 at The Avenue.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.