
Cheap Homes for Rent in Downtown Toledo Neighborhood of Toledo, OH from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Toledo area of Toledo.


1125 Newbury 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.

135 Everett 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.

837 Colburn St
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 | $700 | $1,200 |
Downtown Toledo 3 Bedroom Homes for Rent | $1,027 | $840 | $1,300 |
Downtown Toledo 4 Bedroom Homes for Rent | $1,308 | $1,035 | $1,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Toledo Neighborhood of Toledo, OH.
Explore 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 The Avenue priced from $550. Prescott Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here are the most affordable Downtown Toledo apartments for rent in Toledo, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Avenue | One Bedroom | 1BR,1BA | $550 |
Prescott Place | 1 Beds, 1 Baths | 1BR,1BA | $595 |
Executive Towers Apartments | Studio | 1BR,1BA | $600 |
Best Value Apartments for Rent in Downtown Toledo, OH
As of August 31, 2025 the best value apartment in the Downtown Toledo area is the $0.89 price per square foot The Erie Model at Commodore Perry Apartments in the in the Ironwood neighborhood starting from $1,199. The second greatest value Downtown Toledo apartment is the 2BR/1.0BA Model at The Summit starting at $1,500 with a $1.33 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. |
---|---|---|---|
Commodore Perry Apartments | The Erie | 2BR,1BA | $0.89 |
The Summit | 2BR/1.0BA | 2BR,1BA | $1.33 |
LaSalle Apartments | The Metro | 1BR,1BA | $1.04 |
Prescott Place | Four Bedroom | 4BR,1BA | $1.00 |
Historic Hillcrest Apartments | 802-902 | 1BR,1BA | $1.19 |
135 Everett St, Unit Upper | 135 Everett St | 1BR,1BA | $1.14 |
1130 N Huron St, Unit 4 | 1130 N Huron St | 1BR,1BA | $1.00 |
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 | $1.06 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Toledo, Toledo, OH
Ranked #8
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 208 Apartments for Rent in Downtown Toledo, OH with pricing that ranges from $550 to $8,448. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Toledo ranging from $645 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 $645 to $1,500 with an average monthly rent of $988.
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 $675 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $840 to $1,300. Four Bedroom Single-Family rentals are also available starting from $1,035 and Four Bedroom Apartments start at $995.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.