Cheap Homes for Rent in Downtown Toledo Neighborhood of Toledo, OH from $600 (14 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Showing Results 1-14, 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 The Avenue priced from $500. Prescott Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here are the most affordable Downtown Toledo apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
The Avenue1 Bed 1 Bath Apt.1BR,1BA$500
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
Machen St Apartments1 Bedroom1BR,1BA$625
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
Historic Hillcrest Apartments303-6032BR,1BA$950

Best Value Apartments for Rent in Downtown Toledo, OH

As of June 06, 2026 the best value apartment in the Downtown Toledo area is the $0.73 price per square foot 3 Bed 2.5 Bath | Penthouse Model at Executive Towers Apartments in the in the North Toledo neighborhood starting from $1,468. The second greatest value Downtown Toledo apartment is the 2018 Glenwood Ave Model at 2018 Glenwood Ave, Unit 3 starting at $950 with a $0.53 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.
Executive Towers Apartments3 Bed 2.5 Bath | Penthouse3BR,2.5BA$0.73
2018 Glenwood Ave, Unit 32018 Glenwood Ave2BR,1BA$0.53
Historic Hillcrest Apartments312-7122BR,1BA$0.91
Prescott Place4 bed 1 bath Apt.4BR,1BA$0.87
Standart LoftsX09-261BR,1BA$1.48
LaSalle ApartmentsThe Delaware1BR,1BA$1.23
The Summit1BR/1.0BA1BR,1BA$1.25
Fort Industry Square1BD/1BA1BR,1BA$1.53
The Avenue2 Bed 1 Bath Apt.2BR,1BA$1.09
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.22

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.

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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.

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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.

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Pet Friendly Lifestyle
Downtown Toledo, Toledo, OH

Ranked #9

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 203 Apartments for Rent in Downtown Toledo, OH with pricing that ranges from $495 to $6,200. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Toledo ranging from $645 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 $645 to $4,500 with an average monthly rent of $1,129.

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 $1,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $4,500. 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

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.