Cheap Homes for Rent in Toledo, OH from $600 (67 Rentals)

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Search the lowest-cost Homes available for rent right now in Toledo.

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.

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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.

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property at 2227 Seaman St

$780

Total Monthly Price

Total Monthly Price

Base Rent
$780
Total Monthly Price
$780

2 Bedroom, 1 Bath Townhome for Rent

Available May 15

2227 Seaman St, Unit #1, Unit #1

2227 Seaman St
ToledoOH43605

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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property at 830 Homer Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

3 Bedroom, 1 Bath Home for Rent

Available Now

830 Homer Ave

ToledoOH43608

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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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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Showing Results 1-50, Page 1 of 2

Toledo, OH Local Guide

Cheapest Neighborhoods for Apartments in Toledo, OH

Pricing Updated: 05/05/2026

Current apartment rentals in the Toledo, OH area range in price from $330 to $6,035 with an overall median price of $1,949. The three Toledo neighborhoods with the lowest median rent pricing are Alexis Addition at $625, Shoreland at $625, and Whitmer Trilby at $583. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Alexis Addition$825$6254
Shoreland$825$6257
Whitmer Trilby$882$58312
Whitmer$895$6258
Wernert's Corner$905$6256
Old West End$907$56515
The Corridor$907$56515
Elmhurst$925$65013
Lagrange$950$54527
Five Points$1,012$59516

Cheapest Available Toledo Apartments for Rent

 

The cheapest available apartment rental in Toledo, OH is a 1 Bed unit found at Oak Hill Apartments in the Glendale neighborhood priced from $475. The Avenue in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill Apartments1BR/1BA1BR,1BA$475
The Avenue1 Bed 1 Bath Apt.1BR,1BA$500
Kensington Place ApartmentsStudioStudio,1BA$550
Oak Hill ApartmentsSmall One Bedroom1BR,1BA$550
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
Maple Creek Apartments1 Bedroom Renovated1BR,1BA$560
Village Meadows Apartments - a 55+ community1x11BR,1BA$595
Terraceview ApartmentsOne Bedroom1BR,1BA$600
Wynhaven Apartments1x1 6541BR,1BA$610
Parkside ApartmentsThe Brook1BR,1BA$625

Best Value Apartments for Rent in Toledo, OH

As of May 06, 2026 the best value apartment in the Toledo area is the $0.55 price per square foot 3214 Sherbrooke Rd Model at 3214 Sherbrooke Rd, Unit 3214 Sherbrooke rd upper in the in the North Toledo neighborhood starting from $1,325. The second greatest value Toledo apartment is the 2018 Glenwood Ave Model at 2018 Glenwood Ave, Unit 3 starting at $950 with a $0.53 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Toledo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3214 Sherbrooke Rd, Unit 3214 Sherbrooke rd upper3214 Sherbrooke Rd3BR,1BA$0.55
2018 Glenwood Ave, Unit 32018 Glenwood Ave2BR,1BA$0.53
Historic Hillcrest Apartments312-7122BR,1BA$0.91
University HillsB3 Floor Plan - Limited Availability!2BR,2BA$0.60
417 Utah St, Unit 417 utah upstairs417 Utah St2BR,1BA$0.74
Pine Meadows Apartments2x12BR,1BA$0.80
Greenwich ApartmentsTwo Bedroom2BR,1BA$0.93
Sunnydale Estates Apartments2 BEDROOM 1 BATH SUNNYDALE2BR,1BA$0.93
Oak Hill - Airport Hwy2BR/1BA2BR,1BA$0.84
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$0.79

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.

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10 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.

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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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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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Toledo, OH Rentals by Map

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Toledo, OH Area Reviews

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Catrina • 1+ years in Toledo

September 4, 2025

Toledo has a lot of fantastic things to do and places to live. I'm particularly fond of Ottawa, especially with its Metropark system. For families, there are neighborhoods a little bit away from Toledo's main campus, which to me feel like less congested areas that are easier to get around. I love the easy access to the Ohio Turnpike!

Cat • 2+ years in Toledo

May 7, 2025

Toledo is a great place to live. Like any big city, it has all the modern amenities, but it also borders Lake Erie and is super close to Michigan and Indiana, making it easier to work in one of three states. Even better, the turnpike across northern Ohio comes through Toledo (super fast highway to get from there to the outskirts of Cleveland and down through Youngstown). Honestly, you can't beat the location.

Frequently Asked Questions about Toledo

What type of rentals are currently available in Toledo?

There are currently 1187 Apartments for Rent in Toledo, OH with pricing that ranges from $330 to $6,035. There are also 165 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toledo ranging from $650 to $3,090.

What is the current price range for Rental Homes in Toledo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Toledo ranges from $650 to $3,090 with an average monthly rent of $1,499.

How much are larger Three and Four Bedroom Rentals in Toledo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Toledo range from $715 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $845 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $579.

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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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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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.