Cheap Apartments for Rent in the City Center Neighborhood of Toledo, OH from $300 (48 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 603 Milton St

$750 - $775

1 Bedroom Rentals

Available Now

603 Milton St

ToledoOH43605

Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses

Explore the top Toledo neighborhoods for student rentals near major universities, campuses, parks, and hospitals—perfect for every stage of college life.

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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
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Prescott Place
2 to 4 Bedroom Apartments

Prescott Place

409 W Bancroft StToledo, OH 43620

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

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Prescott Place
1 to 4 Bedroom Apartments

Prescott Place

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

Ashland Manor 55+

2030 Ashland AveToledo, OH 43620
Senior Living
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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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Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
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Superior Apartments
Studio to 3 Bedroom Apartments

Superior Apartments

1012-1018 N Superior StToledo, OH 43604
Senior Living
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Covenant House
1 to 2 Bedroom Apartments

Covenant House

702 N Erie StToledo, OH 43604
  • Utilities Included

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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The Summit
1 to 2 Bedroom Apartments

The Summit

23 N Summit StToledo, OH 43604
Student Housing
Showing Results 1-48, 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 Prescott Place priced from $560. Executive Towers Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. 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
Executive Towers ApartmentsStudio1BR,1BA$600
The Avenue2 Bed 1 Bath Apt.2BR,1BA$740
Historic Hillcrest Apartments301-8011BR,1BA$750
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
LaSalle ApartmentsThe Ottawa1BR,1BA$949
Commodore Perry ApartmentsThe Huron2BR,1BA$989
The Overmyerx07_ADA1BR,1BA$1,030
Marina Lofts ToledoThe Miami1BR,1BA$1,094

Best Value Apartments for Rent in City Center, OH

As of April 06, 2026 the best value apartment in the City Center area is the $1.32 price per square foot 2BD/1BA Model at Fort Industry Square in the in the Ironwood neighborhood starting from $1,600. The second greatest value City Center apartment is the 417 Utah St Model at 417 Utah St, Unit 417 utah upstairs starting at $700 with a $0.74 price per square foot in the Ironwood 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.
Fort Industry Square2BD/1BA2BR,1BA$1.32
417 Utah St, Unit 417 utah upstairs417 Utah St2BR,1BA$0.74
Standart LoftsX09-261BR,1BA$1.48
Commodore Perry ApartmentsThe St Clair2BR,1BA$1.14
The Summit1BR/1.0BA1BR,1BA$1.25
LaSalle ApartmentsThe Ottawa1BR,1BA$1.09
Historic Hillcrest Apartments802-9021BR,1BA$1.19
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

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Prescott Place which is listed at $560, while the average apartment in City Center costs $1,450.

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 9 regular apartments in City Center 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 City Center?

Cheap apartments in City Center have an average cost of $412 which is $1,038 cheaper than the average rent for all rentals in City Center.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.