Cheap Apartments for Rent in the Franklin Park Neighborhood of Toledo, OH from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin Park area of Toledo.

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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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Abbey Run
Studio to 2 Bedroom Apartments

Abbey Run

3355 W Alexis RdToledo, OH 43623
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Orchard Farms
Studio to 2 Bedroom Apartments

Orchard Farms

5747 Talmadge RdToledo, OH 43623
  • Utilities Included

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.

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Elmhurst Park
2 to 3 Bedroom Apartments

Elmhurst Park

3221 Elmview DrToledo, OH 43613
  • Utilities Included
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Ravenswood Apartments
1 to 2 Bedroom Apartments

Ravenswood Apartments

4668 Talmadge RdToledo, OH 43623
  • Utilities Included
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Hunt Club Apartments
1 to 2 Bedroom Apartments

Hunt Club Apartments

5600 W Alexis RdSylvania, OH 43560
  • Utilities Included

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Franklin Park, Toledo, OH Local Guide

Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in the Franklin Park area of Toledo, OH is a 2 Beds unit found at Abbey Run priced from $699. Alexor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $768. Here are the most affordable Franklin Park apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
Abbey Run2 BED 1 BATH2BR,1BA$699
Alexor2 BR, 1 BA- Upgrade2BR,1BA$768
Winter Haven ApartmentsOne Bedroom1BR,1BA$785
Garden Arms of WestgateLower Standard 1 BD1BR,1BA$805
Tamarack Creek2 BR, 1 BA- Upgrade2BR,1BA$850

Best Value Apartments for Rent in Franklin Park, OH

As of October 26, 2025 the best value apartment in the Franklin Park area is the $0.99 price per square foot 2 Beds, 1 Baths Model at 4994 Main in the in the North Toledo neighborhood starting from $1,100. The second greatest value Franklin Park apartment is the 3933 Clareridge Dr Model at 3933 Clareridge Dr, Unit #1 Lower starting at $1,100 with a $1.11 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4994 Main2 Beds, 1 Baths2BR,1BA$0.99
3933 Clareridge Dr, Unit #1 Lower3933 Clareridge Dr2BR,1BA$1.11
Centurion House2 Bed, 1 Bath Renovated2BR,1BA$1.13
The Peak Apartments and TownhomesRenovated 2 Bed 1 Bath Flat2BR,1BA$1.23
Tamarack Creek2 BR, 1 BA- Upgrade2BR,1BA$1.06
Alexor2 BR, 1 BA- Upgrade2BR,1BA$0.96
Abbey Run2 BED 1 BATH2BR,1BA$0.92
Winter Haven ApartmentsOne Bedroom1BR,1BA$1.12
Secor FlatsRenovated 1 bedroom 1 bathroom1BR,1BA$1.38
Garden Arms of WestgateLower Standard 1 BD1BR,1BA$1.35

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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.

Getting Around the Franklin Park Neighborhood in Toledo, OH

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $785 at Winter Haven Apartments.

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 $699 at Abbey Run.

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.