
Cheap Apartments for Rent in the Five Points Neighborhood of Toledo, OH from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points area of Toledo.


Jackman Grove

Jackman Apartments

6 Unit in Toledo

Berdan Avenue Apartments
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.

4825 Lewis Ave

804 Eleanor Ave

4014 Eastway St

3843 Peru St

1380 N Cove Blvd
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.

818 Bronson Ave

1372 N Cove Blvd

Valley Oak Apartments

Jackman Regency

Bennett Court Apartments
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.
Five Points, Toledo, OH Local Guide

How much does it cost to rent an apartment in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points Studio Apartments | $700 | $700 | $700 |
| Five Points 1 Bedroom Apartments | $872 | $595 | $2,115 |
| Five Points 2 Bedroom Apartments | $1,032 | $775 | $2,473 |
| Five Points 3 Bedroom Apartments | $1,012 | $950 | $1,075 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Toledo, OH.
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Five Points, Toledo, OH Local Guide
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Cheapest Available Five Points Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Larchmont Estates | Newly Renovated Studio Apartment - 0Bed/1Ba | Studio,1BA | $700 |
| Jackman Grove | 1 BR (Efficiency), 1 BA- Upgrade | 1BR,1BA | $803 |
Best Value Apartments for Rent in Five Points, OH
As of May 06, 2026 the best value apartment in the Five Points area is the $1.24 price per square foot 1 BR (Efficiency), 1 BA- Upgrade Model at Jackman Grove in the in the North Toledo neighborhood starting from $803. The second greatest value Five Points apartment is the Newly Renovated Studio Apartment - 0Bed/1Ba Model at Larchmont Estates starting at $700 with a $1.73 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jackman Grove | 1 BR (Efficiency), 1 BA- Upgrade | 1BR,1BA | $1.24 |
| Larchmont Estates | Newly Renovated Studio Apartment - 0Bed/1Ba | Studio ,1BA | $1.73 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 LifestyleFive Points, Toledo, OH
Ranked #44
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Five Points Apartments
How much is rent for a Cheap One Bedroom Five Points Apartment?
The lowest price for a Cheap One Bedroom Five Points Apartment is $775 at Larchmont Estates.
What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $875 at Larchmont Estates.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.