Cheap Homes for Rent in Toledo, OH from $600 (123 Rentals)

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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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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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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Toledo, OH Local Guide

Cheapest Neighborhoods for Apartments in Toledo, OH

Pricing Updated: 06/20/2026

Current apartment rentals in the Toledo, OH area range in price from $600 to $5,995 with an overall median price of $1,628. The three Toledo neighborhoods with the lowest median rent pricing are Glendale at $795, Warehouse District at $800, and Warren Sherman at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Glendale$795$7951
Warehouse District$1,000$8007
Warren Sherman$1,072$8508
Ironwood$1,112$72527
Vistula$1,122$1,0004
Birmingham$1,130$72524
East Toledo$1,130$64538
Center City$1,145$8007
Northriver$1,145$7457
Lagrange$1,249$74522

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. 2238 W Sylvania Ave in the North Toledo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill Apartments1BR/1BA1BR,1BA$475
2238 W Sylvania Ave0 Beds, 1 BathsStudio,1BA$550
Maple Creek Apartments1 Bedroom Renovated1BR,1BA$560
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
Vivo Toledo3 Bed 3 Bath - Student Housing (Per Ped)3BR,3BA$567
Oak Hill ApartmentsSmall One Bedroom1BR,1BA$570
Oak Hill - Airport Hwy1BR/1BA1BR,1BA$575
Terraceview ApartmentsOne Bedroom1BR,1BA$600
Glendale VillageStudioStudio,1BA$610
Wynhaven Apartments1x1 6541BR,1BA$610

Best Value Apartments for Rent in Toledo, OH

As of June 20, 2026 the best value apartment in the Toledo area is the $0.53 price per square foot 2018 Glenwood Ave Model at 2018 Glenwood Ave, Unit 3 in the in the North Toledo neighborhood starting from $950. The second greatest value Toledo apartment is the 5 Bed, 2.5 Bath - Shared Living Townhome Model at Owens Lake Commons starting at $680 with a $0.40 price per square foot . 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.
2018 Glenwood Ave, Unit 32018 Glenwood Ave2BR,1BA$0.53
Owens Lake Commons5 Bed, 2.5 Bath - Shared Living Townhome5BR,2.5BA$0.40
4102 Garden Estates Dr2 Beds, 2 Baths2BR,2BA$0.83
582 South Ave, Unit Lower582 South Ave2BR,1BA$0.85
Prescott Place4 bed 1 bath Apt.4BR,1BA$0.87
University HillsB3 Floor Plan - Limited Availability!2BR,2BA$0.60
3856 Martha Ave, Unit Upper3856 Martha Ave2BR,1BA$0.84
The 19192 Beds, 1 Baths2BR,1BA$0.89
Pine Meadows Apartments2x12BR,1BA$0.80
Oak Hill - Airport Hwy2BR/1BA2BR,1BA$0.84

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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Real 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.

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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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See the most popular apartments and homes in Toledo, OH

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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 1205 Apartments for Rent in Toledo, OH with pricing that ranges from $330 to $6,150. There are also 201 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toledo ranging from $600 to $5,995.

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 $600 to $5,995 with an average monthly rent of $1,734.

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 $500 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,000 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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.