
Cheap Homes for Rent in Downtown Toledo Neighborhood of Toledo, OH from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Toledo area of Toledo.


552 Orchard St

3104 Franklin Ave

837 Colburn St
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.

422 Dexter St

422 Dexter St

2750 Monroe St

554 Lucas St
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.

1436 Walbridge Ave
Downtown Toledo, Toledo, OH Local Guide

How much does it cost to rent a home in Downtown Toledo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Toledo 2 Bedroom Homes for Rent | $1,093 | $750 | $2,050 |
| Downtown Toledo 3 Bedroom Homes for Rent | $1,204 | $795 | $4,500 |
| Downtown Toledo 4 Bedroom Homes for Rent | $1,279 | $1,200 | $1,400 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Toledo Neighborhood of Toledo, OH.
Explore Toledo
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 $550. The Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. 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 | $550 |
| The Avenue | One Bedroom | 1BR,1BA | $600 |
| Executive Towers Apartments | Studio | 1BR,1BA | $600 |
Best Value Apartments for Rent in Downtown Toledo, OH
As of January 21, 2026 the best value apartment in the Downtown Toledo area is the $0.79 price per square foot 2614 Brentwood Ave Model at 2614 Brentwood Ave, Unit Brentwood in the in the North Toledo neighborhood starting from $950. The second greatest value Downtown Toledo apartment is the The Wildwood Model at LaSalle Apartments starting at $1,149 with a $0.96 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. |
|---|---|---|---|
| 2614 Brentwood Ave, Unit Brentwood | 2614 Brentwood Ave | 2BR,1BA | $0.79 |
| LaSalle Apartments | The Wildwood | 2BR,1BA | $0.96 |
| Prescott Place | 3 Beds, 1 Baths | 3BR,1BA | $0.70 |
| Prescott Place | Two Bedroom | 2BR,1BA | $0.80 |
| Historic Hillcrest Apartments | 802-902 | 1BR,1BA | $1.19 |
| The Summit | 1BR/1.0BA | 1BR,1BA | $1.38 |
| Superior Apartments | Two Bedroom | 2BR,1BA | $1.35 |
| Commodore Perry Apartments | The Superior | 1BR,1BA | $1.28 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
| The Avenue | One Bedroom | 1BR,1BA | $1.16 |
Frequently Asked Questions about Downtown Toledo
What type of rentals are currently available in Downtown Toledo?
There are currently 207 Apartments for Rent in Downtown Toledo, OH with pricing that ranges from $550 to $3,375. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Toledo ranging from $745 to $4,500.
What is the current price range for Rental Homes in Downtown Toledo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Toledo ranges from $745 to $4,500 with an average monthly rent of $1,080.
How much are larger Three and Four Bedroom Rentals in Downtown Toledo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Toledo range from $650 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,650.
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.

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.

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.

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.