Cheap Apartments for Rent in the City Center Neighborhood of Toledo, OH from $300 (25 Rentals)

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

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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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Totco
1 to 5 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620

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Swan Creek
Studio to 2 Bedroom Apartments

Swan Creek

111 S Summit StToledo, OH 43604
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Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
Senior Living
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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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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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Learn about Toledo and the best places to live with original content written by our Local Expert Catrina Cowart

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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
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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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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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Covenant House
1 to 2 Bedroom Apartments

Covenant House

702 N Erie StToledo, OH 43604
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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 $600. Here are the most affordable City Center apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
Prescott PlaceOne Bedroom1BR,1BA$560
The AvenueOne Bedroom1BR,1BA$600
Executive Towers ApartmentsStudio1BR,1BA$600
Prescott Place3 Beds, 1 Baths3BR,1BA$650
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750

Best Value Apartments for Rent in City Center, OH

As of January 02, 2026 the best value apartment in the City Center area is the $1.06 price per square foot The Wildwood Model at LaSalle Apartments in the in the Ironwood neighborhood starting from $1,266. The second greatest value City Center apartment is the Four Bedroom Model at Prescott Place starting at $995 with a $1.00 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$1.06
Prescott PlaceFour Bedroom4BR,1BA$1.00
Standart LoftsX111BR,1BA$1.46
Prescott Place3 Beds, 1 Baths3BR,1BA$0.70
Commodore Perry ApartmentsThe St Clair2BR,1BA$1.10
Historic Hillcrest Apartments802-9021BR,1BA$1.19
The Summit1BR/1.0BA1BR,1BA$1.38
Superior ApartmentsTwo Bedroom2BR,1BA$1.35
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.22
The AvenueOne Bedroom1BR,1BA$1.16

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 a cheap apartment in City Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in City Center is under $1,100.

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 13 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 $301 which is $1,149 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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.