Cheap Apartments for Rent in the City Center Neighborhood of Toledo, OH from $300 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the City Center area of Toledo.

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.

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.

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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Totco
1 to 5 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620
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Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
Senior Living
  • Utilities Included
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Prescott Place
2 to 4 Bedroom Apartments

Prescott Place

409 W Bancroft StToledo, OH 43620
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Prescott Place
1 to 4 Bedroom Apartments

Prescott Place

401 W Bancroft StToledo, OH 43620
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Ashland Manor 55+
1 to 2 Bedroom Apartments

Ashland Manor 55+

2030 Ashland AveToledo, OH 43620
Senior Living
  • Utilities Included
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Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

800 Division Sreet StToledo, OH 43604
Senior Living

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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Park Lane Residences
Studio to 1 Bedroom Apartments

Park Lane Residences

142 23rd StToledo, OH 43604
  • Utilities Included
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Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
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Uptown Art Center
1 to 3 Bedroom Apartments

Uptown Art Center

326-336 14th StToledo, OH 43604
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Superior Apartments
Studio to 3 Bedroom Apartments

Superior Apartments

1012 N Superior StToledo, OH 43604
Senior Living
  • Utilities Included
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Covenant House
1 to 2 Bedroom Apartments

Covenant House

702 N Erie StToledo, OH 43604
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Summit
1 to 2 Bedroom Apartments

The Summit

23 N Summit StToledo, OH 43604
Student Housing

City Center, Toledo, OH Local Guide

Cheapest Available City Center Apartments for Rent

 

The cheapest available apartment rental in the City Center area of Toledo, OH is a 1 Bed unit found at Prescott Place priced from $560. The Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here are the most affordable City Center apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
The Avenue1 Bed 1 Bath Apt.1BR,1BA$615
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
Edge 21 ApartmentsStudio/1 Bath AStudio,1BA$925
LaSalle ApartmentsThe Delaware1BR,1BA$949
Historic Hillcrest Apartments406-506-706-9062BR,1BA$1,000
Fort Industry Square1BD/1BA1BR,1BA$1,100
The Summit1BR/1.0BA1BR,1BA$1,100
The BerdanYStudio,1BA$1,150
Marina Lofts ToledoThe Miami1BR,1BA$1,229

Best Value Apartments for Rent in City Center, OH

As of July 05, 2026 the best value apartment in the City Center area is the $1.25 price per square foot 2257 Scottwood Ave Model at 2257 Scottwood Ave, Unit 2257 Unit One in the in the North Toledo neighborhood starting from $1,400. The second greatest value City Center apartment is the 4 bed 1 bath Apt. Model at Prescott Place starting at $865 with a $0.87 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for City Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2257 Scottwood Ave, Unit 2257 Unit One2257 Scottwood Ave2BR,1BA$1.25
Prescott Place4 bed 1 bath Apt.4BR,1BA$0.87
LaSalle ApartmentsThe Metro1BR,1BA$1.18
Historic Hillcrest Apartments406-506-706-9062BR,1BA$1.05
The OvermyerX061BR,1BA$1.70
The Summit1BR/1.0BA1BR,1BA$1.25
Fort Industry Square1BD/1BA1BR,1BA$1.42
The BerdanYStudio ,1BA$1.68
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.22
The Avenue1 Bed 1 Bath Apt.1BR,1BA$1.19

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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Real 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.

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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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Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States and customized analysis for Central Toledo, OH. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap City Center Apartments

What is the Cheapest Studio apartment in City Center?

Currently the most affordable Cheap Studio Apartment in City Center is at Edge 21 Apartments listed at $925.

How much is rent for a Cheap One Bedroom City Center Apartment?

The lowest price for a Cheap One Bedroom City Center Apartment is $560 at Prescott Place.

What is the lowest price for a Cheap Two Bedroom City Center Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in City Center is starting from $615 at Prescott Place.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.