Cheap Homes for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $600 (17 Rentals)

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Search the lowest-cost Homes 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.

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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.

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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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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

Best Value Apartments for Rent in Downtown Toledo, OH

As of July 23, 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
582 South Ave, Unit Lower582 South Ave2BR,1BA$0.85
2820 Collingwood Blvd1 Bed 1 Bath Apt.1BR,1BA$0.57
Prescott Place4 bed 1 bath Apt.4BR,1BA$0.87
LaSalle ApartmentsThe Metro1BR,1BA$1.18
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.

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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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Pet Friendly Lifestyle
Downtown Toledo, Toledo, OH

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
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 208 Apartments for Rent in Downtown Toledo, OH with pricing that ranges from $450 to $7,756. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Toledo ranging from $645 to $1,399.

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 $1,399 with an average monthly rent of $1,077.

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 $975 to $1,300. Four Bedroom Single-Family rentals are also available starting from $1,000 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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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.

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.