
Cheap Apartments for Rent in the Franklin Park Neighborhood of Toledo, OH from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Park area of Toledo.


Tamarack Creek

Garden Arms of Westgate

Winter Haven Apartments

3947 W Sylvania Ave, Unit 7
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.

Total Monthly Price
River Birch Village

Secor Flats

Chelsea Place Apartments & Townhomes

The Peak Apartments and Townhomes

Diplomat Place Apartments

Abbey Run
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.

Secor Chateau A 55 & Over Community

Orchard Farms

Carriage Hill Apartments

Elmhurst Park

OakRidge Apartments 55+ Community

Secor Senior Lofts I & II
Cash 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.

Secor Woods

6020 Secor Rd

Ravenswood Apartments

River Birch Village - Harvest Square Ltd.

Centurion House

4667 Imperial Dr
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.

4994 Main St

Hunt Club Apartments
Franklin Park, Toledo, OH Local Guide

How much does it cost to rent an apartment in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park 1 Bedroom Apartments | $979 | $583 | $2,052 |
| Franklin Park 2 Bedroom Apartments | $1,180 | $671 | $2,179 |
| Franklin Park 3 Bedroom Apartments | $2,609 | $2,609 | $2,609 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Franklin Park Neighborhood of Toledo, OH.
See all Apartments in ToledoExplore Toledo
Franklin Park, Toledo, OH Local Guide
- Nearby Toledo neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Franklin Park Apartments for Rent
 The cheapest available apartment rental in the Franklin Park area of Toledo, OH is a 1 Bed unit found at Violet Trace priced from $650. Hunt Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Franklin Park apartments for rent in Toledo, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Violet Trace | 1 Bedroom | 1BR,1BA | $650 |
| Hunt Club Apartments | 1x1 490 | 1BR,1BA | $700 |
| Alexor | 1 BR (Efficiency), 1 BA- Premium | 1BR,1BA | $760 |
| Garden Arms of Westgate | Upper Standard 1 Bedroom | 1BR,1BA | $775 |
| Winter Haven Apartments | One Bedroom | 1BR,1BA | $785 |
| Secor Woods | Unit 1 | 2BR,1BA | $825 |
| River Birch Village | 1 Bedroom | 1BR,1BA | $895 |
| Secor Flats | Renovated 1 bedroom 1 bathroom | 1BR,1BA | $899 |
| Tamarack Creek | 2 BR, 1 BA- Premium | 2BR,1BA | $1,000 |
| The Peak Apartments and Townhomes | Renovated 2 Bed 1 Bath Townhouse | 2BR,1BA | $1,429 |
Best Value Apartments for Rent in Franklin Park, OH
As of May 07, 2026 the best value apartment in the Franklin Park area is the $1.36 price per square foot Renovated 1 Bed 1 Bath Loft Model at The Peak Apartments and Townhomes in the in the North Toledo neighborhood starting from $1,124. The second greatest value Franklin Park apartment is the 2 BR, 1 BA- Premium Model at Tamarack Creek starting at $1,000 with a $1.25 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Peak Apartments and Townhomes | Renovated 1 Bed 1 Bath Loft | 1BR,1BA | $1.36 |
| Tamarack Creek | 2 BR, 1 BA- Premium | 2BR,1BA | $1.25 |
| Secor Woods | Unit 1 | 2BR,1.5BA | $1.09 |
| Winter Haven Apartments | One Bedroom | 1BR,1BA | $1.12 |
| Secor Flats | Renovated 1 Bedroom 1 Bathroom (Balcony) | 1BR,1BA | $1.38 |
| Alexor | 1 BR (Efficiency), 1 BA- Premium | 1BR,1BA | $1.17 |
| Garden Arms of Westgate | Lower Standard 1 BD | 1BR,1BA | $1.35 |
| River Birch Village | 1 Bedroom | 1BR,1BA | $1.63 |
| Violet Trace | 1 Bedroom | 1BR,1BA | $1.24 |
| Hunt Club Apartments | 1x1 490 | 1BR,1BA | $1.43 |
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 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.
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Franklin Park, Toledo, and the greater Toledo area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Franklin Park Apartments
How much is rent for a Cheap One Bedroom Franklin Park Apartment?
The lowest price for a Cheap One Bedroom Franklin Park Apartment is $650 at Violet Trace.
What is the lowest price for a Cheap Two Bedroom Franklin Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin Park is starting from $796 at Tamarack Creek.
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.
