
Cheap Homes for Rent in Toledo, OH from $650 (65 Rentals)
Search the lowest-cost Homes available for rent right now in Toledo.


3805 Torrance Dr

6018 Secor Rd

5722 Gay St

2854 W Sylvania Ave

1219 Yates St

340 E Lake St

3843 Peru St

1725 Mansfield Rd

1955 S Reynolds Rd
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.

2207 W Laskey Rd

1913 Kensington Rd

6201 Garden Rd

1534 E Broadway St

1846 Loxley Rd

912 Willow Ave

5534 Glenridge Dr

752 Euclid Ave

3010 Gunckel Blvd

36 E Park St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1714 Georgia Ave

2564 Foraker Ave

207 Pulaski St

420 Everett St

3611 Douglas Rd, Unit Lower

2242 Kent St

2480 Caledonia St

1012 Kelsey Ave

1785 Tecumseh St

2607 Chestnut St
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

1734 Wellesley Dr

160 Eldred Ave

160 Eldred Ave

1755 Marne Ave

3022 Letchworth Pkwy

2731 Glendale Ave

520 Raymer Blvd

834 Prouty Ave

1720 Kelsey Ave

3430 Maple St
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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

678 Congress St

850 Wright Ave

326 W Florence Ave

1941 Marlow Rd

127 University Blvd

1021 Walbridge Ave

4237 Fairview Dr

1453 Prouty Ave

423 W Capistrano Ave

423 W Capistrano Ave
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.
Toledo, OH Local Guide

How much does it cost to rent a home in Toledo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toledo 2 Bedroom Homes for Rent | $1,061 | $697 | $2,385 |
| Toledo 3 Bedroom Homes for Rent | $1,287 | $850 | $2,500 |
| Toledo 4 Bedroom Homes for Rent | $1,477 | $1,045 | $2,500 |
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Toledo, OH Local Guide
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Cheapest Neighborhoods for Homes in Toledo, OH
Pricing Updated: 09/23/2026Current rental homes in the Toledo, OH area range in price from $650 to $2,500 with an overall median price of $1,093. The three Toledo neighborhoods with the lowest median rent pricing are Westgate at $895, Warren Sherman at $897, and Glendale at $945. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Westgate | $895 | $650 | 5 |
| Warren Sherman | $897 | $697 | 4 |
| Glendale | $945 | $945 | 1 |
| Harvard Terrace | $990 | $875 | 7 |
| North Towne | $995 | $700 | 6 |
| Southside | $997 | $875 | 24 |
| Downtown Toledo | $1,000 | $697 | 18 |
| East Toledo | $1,000 | $795 | 23 |
| Ironwood | $1,000 | $795 | 18 |
| Lagrange | $1,000 | $697 | 14 |
Cheapest Available Toledo Homes for Rent
 The cheapest available rental home in Toledo, OH is a 2 Beds home found at 1785 Tecumseh St in the ONYX neighborhood priced from $900. 326 W Florence Ave in the Ironwood neighborhood has the second lowest priced home, which is a 2 Beds rental home currently listed from $975. Here is today’s list of the most affordable Toledo homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1785 Tecumseh St | 1785 Tecumseh St | 2BR, 1BA | $900 |
| 326 W Florence Ave | 326 W Florence Ave | 2BR, 1BA | $975 |
| 4237 Fairview Dr | 4237 Fairview Dr | 3BR, 1BA | $985 |
| 1738 Marne Ave | 1738 Marne Ave | 2BR, 1BA | $997 |
Best Value Homes for Rent in Toledo, OH
As of September 23, 2026 the best value rental home in the Toledo area is the $0.76 price per square foot 2252 Whitney Ave Model at 2252 Whitney Ave in the North Toledo neighborhood starting from $1,395. The second greatest value Toledo rental home is the 2149 Alvin St Model at 2149 Alvin St in the North Toledo neighborhood starting at $1,560 with a $0.99 price per square foot. Here is today’s list of the best values for Toledo homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2252 Whitney Ave | 2252 Whitney Ave | 4BR, 1BA | $0.76 |
| 2149 Alvin St | 2149 Alvin St | 3BR, 1BA | $0.99 |
| 3337 Parkwood Ave | 3337 Parkwood Ave | 3BR, 1BA | $0.89 |
| 1517 Lincoln Ave | 1517 Lincoln Ave | 3BR, 1BA | $0.79 |
| 4237 Fairview Dr | 4237 Fairview Dr | 3BR, 1BA | $0.77 |
| 528 Church St | 528 Church St | 2BR, 1BA | $0.83 |
| 202 S Main St | 202 S Main St | 3BR, 1BA | $0.95 |
| 180 Eldred Ave | 180 Eldred Ave | 3BR, 1.5BA | $0.97 |
| 3611 Douglas Rd, Unit Lower | 3611 Douglas Rd | 2BR, 1BA | $0.89 |
| 1785 Tecumseh St | 1785 Tecumseh St | 2BR, 1BA | $0.97 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Toledo, OH
Toledo, OH Area Reviews
Catrina • 1+ years in Toledo
September 4, 2025Toledo 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, 2025Toledo 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 1210 Apartments for Rent in Toledo, OH with pricing that ranges from $500 to $7,155. There are also 181 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toledo ranging from $650 to $2,500.
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 $2,500 with an average monthly rent of $1,174.
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 $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,045 and Four Bedroom Apartments start at $589.
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

Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses
Written by: Catrina Cowart
Toledo is home to multiple higher-education institutions, with the University of Toledo topping that list.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.