Cheap Apartments for Rent in the City Center Neighborhood of Toledo, OH from $300 (33 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.

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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

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.

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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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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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Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

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

Park Lane Residences

142 23rd StToledo, OH 43604
  • Utilities Included

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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Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
  • Utilities Included
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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

1012-1018 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
property at 630 Mulberry St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Condo for Rent

Available Now

630 Mulberry St, Unit 1, Unit 1

630 Mulberry St
ToledoOH43604

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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The Summit
1 to 2 Bedroom Apartments

The Summit

23 N Summit StToledo, OH 43604
Student Housing
Showing Results 1-33, Page 1 of 1

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 The Avenue priced from $500. Prescott Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here are the most affordable City Center apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
The Avenue1 Bed 1 Bath Apt.1BR,1BA$500
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
Executive Towers Apartments1 Bed 1 Bath | B1BR,1BA$771
Historic Hillcrest Apartments303-6032BR,1BA$950
The Summit1BR/1.0BA1BR,1BA$1,100
Marina Lofts ToledoThe Miami1BR,1BA$1,113
The BerdanA1BR,1BA$1,240
Edge 21 Apartments1 Bed/1 Bath B1BR,1BA$1,250
Standart LoftsX021BR,1BA$1,275

Best Value Apartments for Rent in City Center, OH

As of May 21, 2026 the best value apartment in the City Center area is the $0.95 price per square foot The Wildwood Model at LaSalle Apartments in the in the Ironwood neighborhood starting from $1,299. The second greatest value City Center apartment is the 312-712 Model at Historic Hillcrest Apartments starting at $1,100 with a $0.91 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.
LaSalle ApartmentsThe Wildwood2BR,1BA$0.95
Historic Hillcrest Apartments312-7122BR,1BA$0.91
Standart LoftsX021BR,1BA$1.43
The Summit1BR/1.0BA1BR,1BA$1.25
Fort Industry Square1BD/1BA1BR,1BA$1.53
Executive Towers Apartments1 Bed 1 Bath | B1BR,1BA$0.96
The BerdanA1BR,1BA$1.58
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$0.79
The Avenue2 Bed 1 Bath Apt.2BR,1BA$1.09
Beacon Place Apartments1 Bed 1 Bath1BR,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.

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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 price of a cheap apartment in City Center?

The cheapest apartment in City Center is The Avenue which is listed at $500, while the average apartment in City Center costs $1,675.

What types of apartments are the cheapest in City Center?

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 8 regular apartments in City Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

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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.

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.