Cheap Apartments for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $300 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Totco
1 to 5 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
1910 Locust St
Studio Apartments

1910 Locust St

1910 Locust StToledo, OH 43608
  • Utilities Included
close
View Me
Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
Senior Living
  • Utilities Included
close
View Me
Ashland Manor 55+
1 to 2 Bedroom Apartments

Ashland Manor 55+

2030 Ashland AveToledo, OH 43620
Senior Living
  • Utilities Included
close
View Me
Prescott Place
2 to 4 Bedroom Apartments

Prescott Place

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

Prescott Place

401 W Bancroft StToledo, OH 43620
close
View Me
Ashland Properties
1 to 3 Bedroom Apartments

Ashland Properties

2303 Ashland AveToledo, OH 43620
  • Utilities Included

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

Read Article
close
View Me
Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

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

Park Lane Residences

142 23rd StToledo, OH 43604
  • Utilities Included
close
View Me
Uptown Art Center
1 to 3 Bedroom Apartments

Uptown Art Center

326-336 14th StToledo, OH 43604
  • Utilities Included
close
View Me
Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
  • Utilities Included

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!

Read Article
close
View Me
Superior Apartments
Studio to 3 Bedroom Apartments

Superior Apartments

1012 N Superior StToledo, OH 43604
Senior Living
  • Utilities Included
close
View Me
The Parkview
2 to 3 Bedroom Apartments

The Parkview

2329 Parkwood AveToledo, OH 43620
Corporate Housing
  • 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.

Read Article
Showing Results 1-40, Page 1 of 1

Downtown Toledo, Toledo, OH Local Guide

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 $560. 2820 Collingwood Blvd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $570. Here are the most affordable Downtown Toledo apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
2820 Collingwood Blvd1 Bed 1 Bath Apt.1BR,1BA$570
The Avenue1 Bed 1 Bath Apt.1BR,1BA$615
Machen St Apartments1 Bedroom1BR,1BA$625
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
Historic Hillcrest Apartments308-8081BR,1BA$900
Commodore Perry ApartmentsThe Jefferson1BR,1BA$989
LaSalle ApartmentsThe Metro1BR,1BA$1,099
The Summit1BR/1.0BA1BR,1BA$1,100

Best Value Apartments for Rent in Downtown Toledo, OH

As of August 01, 2026 the best value apartment in the Downtown Toledo area is the $0.53 price per square foot 2018 Glenwood Ave Model at 2018 Glenwood Ave, Unit 3 in the in the North Toledo neighborhood starting from $950. The second greatest value Downtown Toledo apartment is the 2257 Scottwood Ave Model at 2257 Scottwood Ave, Unit 2257 Unit One starting at $1,400 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2018 Glenwood Ave, Unit 32018 Glenwood Ave2BR,1BA$0.53
2257 Scottwood Ave, Unit 2257 Unit One2257 Scottwood Ave2BR,1BA$1.25
2820 Collingwood Blvd1 Bed 1 Bath Apt.1BR,1BA$0.57
Commodore Perry ApartmentsThe Jefferson1BR,1BA$0.99
Prescott Place4 bed 1 bath Apt.4BR,1BA$0.87
LaSalle ApartmentsThe Metro1BR,1BA$1.14
The Summit1BR/1.0BA1BR,1BA$1.25
Historic Hillcrest Apartments308-8081BR,1BA$1.12
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Toledo, Toledo, OH

Ranked #18

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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

How much is rent for a Cheap One Bedroom Downtown Toledo Apartment?

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

What is the lowest price for a Cheap Two Bedroom Downtown Toledo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Toledo 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

decorative image for Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses article

Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses

Written by: Catrina Cowart

Toledo is home to multiple higher-education institutions, with the University of Toledo topping that list.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.