
Cheap Homes for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $697 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Toledo area of Toledo.


111 S Summit St, Unit 227

405 Victoria Pl, Unit 4

227 Everett St

36 E Park St

420 Everett St
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2607 Chestnut St

319 Dexter St

834 Prouty Ave

203 South Ave

678 Congress St

1021 Walbridge Ave
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2273 Mayville Pl
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 | $946 | $697 | $1,200 |
| Downtown Toledo 3 Bedroom Homes for Rent | $1,143 | $950 | $1,500 |
| Downtown Toledo 4 Bedroom Homes for Rent | $1,442 | $1,395 | $1,490 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Toledo Neighborhood of Toledo, OH.
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Downtown Toledo, Toledo, OH Local Guide
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prescott Place | 1 Bed 1 Bath Apt. | 1BR,1BA | $560 |
| 2820 Collingwood Blvd | 1 Bed 1 Bath Apt. | 1BR,1BA | $570 |
| The Avenue | 1 Bed 1 Bath Apt. | 1BR,1BA | $615 |
| Machen St Apartments | 1 Bedroom | 1BR,1BA | $625 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Downtown Toledo, OH
As of September 06, 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 The Wildwood Model at LaSalle Apartments starting at $1,386 with a $0.99 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. |
|---|---|---|---|
| 2018 Glenwood Ave, Unit 3 | 2018 Glenwood Ave | 2BR,1BA | $0.53 |
| LaSalle Apartments | The Wildwood | 2BR,1BA | $0.99 |
| 2257 Scottwood Ave, Unit 2257 Unit One | 2257 Scottwood Ave | 2BR,1BA | $1.16 |
| Historic Hillcrest Apartments | 307-807 | 2BR,2BA | $0.99 |
| Prescott Place | 4 bed 1 bath Apt. | 4BR,1BA | $0.87 |
| 2820 Collingwood Blvd | 1 Bed 1 Bath Apt. | 1BR,1BA | $0.57 |
| Commodore Perry Apartments | The Superior | 1BR,1BA | $1.28 |
| 708 W Bancroft St, Unit 8 | 708 W Bancroft St | 1BR,1BA | $1.15 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
| The Avenue | 1 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 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.
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
Frequently Asked Questions about Downtown Toledo
What type of rentals are currently available in Downtown Toledo?
There are currently 211 Apartments for Rent in Downtown Toledo, OH with pricing that ranges from $615 to $7,198. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Toledo ranging from $697 to $1,500.
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 $697 to $1,500 with an average monthly rent of $1,070.
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 $715 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $865.
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

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.

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.