close
View Me
Rent Specials
$495 - $8951 to 4 Bedroom Apartments Available Now
Prescott Place
425 W Bancroft StToledo, OH 43620
Cheap Apartments for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Toledo area of Toledo.
close
View Me
Rent Specials
$500 - $7501 to 2 Bedroom Apartments Available Now
The Avenue
2115 Collingwood BlvdToledo, OH 43620
2807 Chestnut St
ToledoOH43608
close
View Me
$600 - $1,6501 to 4 Bedroom Apartments Available Now
Executive Towers Apartments
1920 Collingwood BlvdToledo, OH 43604
821 South Ave
ToledoOH43609
close
View Me
$6251 Bedroom Apartments Available Now
Machen St Apartments
454-460 Machen StToledo, OH 43620
77 Walbridge Ave
ToledoOH43609
3010 Warsaw St
ToledoOH43608
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.
946 Butler St
ToledoOH43605
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
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.
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
close
View Me
$700Studio Apartments Available Now
111 S Summit St
111 S Summit StToledo, OH 43604
540 Church St
ToledoOH43605
417 Utah St
ToledoOH43605
close
View Me
Rent Specials
$750 - $1,4001 to 4 Bedroom Apartments Available Now
Beacon Place Apartments
426 Beacon StToledo, OH 43620
close
View Me
$750 - $1,0501 to 2 Bedroom Apartments Available Now
Historic Hillcrest Apartments
241 16th StToledo, OH 43604
603 Milton St
ToledoOH43605
close
View Me
$8002 Bedroom Apartments Available Now
154 Austin St
154 Austin StToledo, OH 43608
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.
close
View Me
Rent Specials
$834 - $1,4441 to 2 Bedroom Apartments Available Now
Commodore Perry Apartments
505 Jefferson AveToledo, OH 43604
close
View Me
$850
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$850
Total Monthly Price
$850
336 4th St, Unit Lower
336 4th StToledo, OH 43605
close
View Me
1 to 5 Bedroom Apartments
Totco
302 Columbia StToledo, OH 43620
close
View Me
Studio Apartments
1910 Locust St
1910 Locust StToledo, OH 43608
close
View Me
Studio to 2 Bedroom Apartments
Parqwood Apartments
2125 Parkwood AveToledo, OH 43620
close
View Me
1 to 3 Bedroom Apartments
Uptown Art Center
326-336 14th StToledo, OH 43604
close
View Me
1 to 2 Bedroom Apartments
Ashland Manor 55+
2030 Ashland AveToledo, OH 43620
close
View Me
2 to 4 Bedroom Apartments
Prescott Place
409 W Bancroft StToledo, OH 43620
Downtown Toledo - One of the Best Affordable Neighborhoods in Toledo
Named as one of the Best Affordable Neighborhoods to rent in Toledo by our Local Expert Catrina Cowart. See how it ranks!
close
View Me
1 to 4 Bedroom Apartments
Prescott Place
401 W Bancroft StToledo, OH 43620
close
View Me
1 to 3 Bedroom Apartments
Ashland Properties
2303 Ashland AveToledo, OH 43620
close
View Me
1 to 3 Bedroom Apartments
Collingwood Green
800 Division Sreet StToledo, OH 43604
close
View Me
1 to 3 Bedroom Apartments
2820 Collingwood Blvd
2820 Collingwood BlvdToledo, OH 43610
close
View Me
Studio to 1 Bedroom Apartments
Park Lane Residences
142 23rd StToledo, OH 43604
close
View Me
1 Bedroom Apartments
Gendron Apartments
1413 Walnut StToledo, OH 43608
close
View Me
1 Bedroom Apartments
Edward Libbey Apartments
2008 Scottwood AveToledo, OH 43620
close
View Me
1 to 4 Bedroom Apartments
Museum Place Apartments
1825 Collingwood BlvdToledo, OH 43604
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
close
View Me
2 Bedroom Apartments
Englewood Senior Apartments
2731 Monroe StToledo, OH 43606
close
View Me
Studio to 3 Bedroom Apartments
Superior Apartments
1012-1018 N Superior StToledo, OH 43604
close
View Me
2 to 3 Bedroom Apartments
The Parkview
2329 Parkwood AveToledo, OH 43620
Showing Results 1-43, Page 1 of 1
Downtown Toledo, Toledo, OH Local Guide
How much does it cost to rent an apartment in Downtown Toledo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Toledo Studio Apartments | $827 | $600 | $1,155 |
| Downtown Toledo 1 Bedroom Apartments | $1,354 | $550 | $3,395 |
| Downtown Toledo 2 Bedroom Apartments | $1,451 | $550 | $4,064 |
| Downtown Toledo 3 Bedroom Apartments | $1,300 | $650 | $1,775 |
| Downtown Toledo 4 Bedroom Apartments | $1,299 | $800 | $1,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Downtown Toledo Neighborhood of Toledo, OH.
See all Apartments in ToledoExplore Toledo
Downtown Toledo, Toledo, OH Local Guide
- Nearby Toledo neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Toledo Apartments for Rent
The cheapest available apartment rental in the Downtown Toledo area of Toledo, OH is a 1 Bed unit found at Prescott Place priced from $495. The Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here are the most affordable Downtown Toledo apartments for rent in Toledo, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prescott Place | 1 Bed 1 Bath Apt. | 1BR,1BA | $495 |
| The Avenue | 1 Bed 1 Bath Apt. | 1BR,1BA | $500 |
| Executive Towers Apartments | Studio | 1BR,1BA | $600 |
| 2820 Collingwood Blvd | 1 Bed 1 Bath Apt. | 1BR,1BA | $625 |
| Machen St Apartments | 1 Bedroom | 1BR,1BA | $625 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Historic Hillcrest Apartments | 301-801 | 1BR,1BA | $750 |
| Commodore Perry Apartments | The Superior | 1BR,1BA | $834 |
| The Berdan | Y | Studio,1BA | $990 |
Best Value Apartments for Rent in Downtown Toledo, OH
As of March 19, 2026 the best value apartment in the Downtown Toledo area is the $0.57 price per square foot 336 4th St Model at 336 4th St, Unit Lower in the in the Ironwood neighborhood starting from $850. The second greatest value Downtown Toledo apartment is the 1 Bed 1 Bath Apt. Model at 2820 Collingwood Blvd starting at $625 with a $0.63 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Downtown Toledo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 336 4th St, Unit Lower | 336 4th St | 3BR,1BA | $0.57 |
| 2820 Collingwood Blvd | 1 Bed 1 Bath Apt. | 1BR,1BA | $0.63 |
| The Summit | 1BR/1.0BA | 1BR,1BA | $1.25 |
| LaSalle Apartments | The Ottawa | 1BR,1BA | $1.15 |
| Historic Hillcrest Apartments | 802-902 | 1BR,1BA | $1.19 |
| Prescott Place | 1 Bed 1 Bath Apt. | 1BR,1BA | $0.70 |
| The Berdan | Y | Studio ,1BA | $1.45 |
| The Avenue | 2 Bed 1 Bath Apt. | 2BR,1BA | $1.00 |
| Commodore Perry Apartments | The Superior | 1BR,1BA | $1.28 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,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.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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.
Let everyone know!
Do you know the Downtown Toledo area?
If you’re an expert on all things Downtown Toledo, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleDowntown Toledo, Toledo, OH
Ranked #9
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Toledo, Toledo, OH
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Ohio, including Toledo. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Toledo Apartments
What is a cheap apartment in Downtown Toledo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Toledo is under $990.
What is the price of a cheap apartment in Downtown Toledo?
The cheapest apartment in Downtown Toledo is Prescott Place which is listed at $495, while the average apartment in Downtown Toledo costs $1,450.
What types of apartments are the cheapest in Downtown Toledo?
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 Downtown Toledo 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 Downtown Toledo?
Cheap apartments in Downtown Toledo have an average cost of $311 which is $1,139 cheaper than the average rent for all rentals in Downtown Toledo.
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.
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.
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.
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.