1310 Broadway St
ToledoOH43609
Cheap Apartments for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Toledo area of Toledo.
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Rent Specials
$500 - $7501 to 2 Bedroom Apartments Available Now
The Avenue
2115 Collingwood BlvdToledo, OH 43620
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Rent Specials
$500 - $9951 to 4 Bedroom Apartments Available Now
Prescott Place
425 W Bancroft StToledo, OH 43620
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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Rent Specials
$600 - $1,450Studio to 4 Bedroom Apartments Available Now
Executive Towers Apartments
1920 Collingwood BlvdToledo, OH 43604
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922 Islington St
ToledoOH43610
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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!
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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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Showing Results 1-20, 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 | $664 | $450 | $850 |
| Downtown Toledo 1 Bedroom Apartments | $1,381 | $500 | $3,457 |
| Downtown Toledo 2 Bedroom Apartments | $1,375 | $600 | $8,331 |
| Downtown Toledo 3 Bedroom Apartments | $1,249 | $745 | $1,750 |
| Downtown Toledo 4 Bedroom Apartments | $995 | $995 | $995 |
Browse Apartments in this Neighborhood
There are currently 20 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
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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 $500. 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 | One Bedroom | 1BR,1BA | $500 |
| The Avenue | One Bedroom | 1BR,1BA | $500 |
| Prescott Place | 1 Beds, 1 Baths | 1BR,1BA | $595 |
| Executive Towers Apartments | Studio | Studio,1BA | $600 |
| Machen St Apartments | 1 Bed, 1 bath | 1BR,1BA | $625 |
Best Value Apartments for Rent in Downtown Toledo, OH
As of July 28, 2025 the best value apartment in the Downtown Toledo area is the $0.99 price per square foot The Asbury Model at LaSalle Apartments in the in the Ironwood neighborhood starting from $1,199. The second greatest value Downtown Toledo apartment is the 909 Madison Ave Model at 909 Madison Ave, Unit 909 A starting at $1,550 with a $1.35 price per square foot in the Ironwood 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. |
|---|---|---|---|
| LaSalle Apartments | The Asbury | 2BR,1BA | $0.99 |
| 909 Madison Ave, Unit 909 A | 909 Madison Ave | 2BR,2BA | $1.35 |
| Prescott Place | Four Bedroom | 4BR,1BA | $1.00 |
| 414 Floyd St, Unit #4 | 414 Floyd St | 1BR,1BA | $1.00 |
| Historic Hillcrest Apartments | 802-902 | 1BR,1BA | $1.19 |
| Commodore Perry Apartments | The Superior | 1BR,1BA | $1.28 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
| Prescott Place | 1 Beds, 1 Baths | 1BR,1BA | $1.08 |
| The Avenue | One Bedroom | 1BR,1BA | $0.97 |
| Executive Towers Apartments | Studio | Studio ,1BA | $1.50 |
Quick Rent Budget Calculator
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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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Pet Friendly LifestyleDowntown Toledo, Toledo, OH
Ranked #7
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!
Getting Around the Downtown Toledo Neighborhood in Toledo, OH
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
54 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,035.
What is the price of a cheap apartment in Downtown Toledo?
The cheapest apartment in Downtown Toledo is Prescott Place which is listed at $500, while the average apartment in Downtown Toledo costs $1,245.
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 6 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 $280 which is $965 cheaper than the average rent for all rentals in Downtown Toledo.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.