Cheap Homes for Rent in Toledo, OH from $650 (65 Rentals)

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

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.

property at 6201 Garden Rd
$750 - $1,090
2 To 3 Bedroom Rentals
Available Now

6201 Garden Rd

MaumeeOH43537

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property at 3611 Douglas Rd
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3611 Douglas Rd, Unit Lower

3611 Douglas Rd
ToledoOH43613

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Learn about Toledo and the best places to live with original content written by our Local Expert Catrina Cowart

property at 160 Eldred Ave
$925

Total Monthly Price

Base Rent$925

Total Monthly Price$925
2 Bedroom, 1 Bath Home for Rent
Available Now
Outdoors

160 Eldred Ave

ToledoOH43609

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property at 678 Congress St
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
2 Bedroom, 1 Bath Home for Rent
Available Now

678 Congress St

ToledoOH43609
property at 423 W Capistrano Ave
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom, 1 Bath Home for Rent
Available Now
Outdoors

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Toledo, OH Local Guide

Cheapest Neighborhoods for Homes in Toledo, OH

Pricing Updated: 09/23/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Westgate$895$6505
Warren Sherman$897$6974
Glendale$945$9451
Harvard Terrace$990$8757
North Towne$995$7006
Southside$997$87524
Downtown Toledo$1,000$69718
East Toledo$1,000$79523
Ironwood$1,000$79518
Lagrange$1,000$69714

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 ListingModel NameBed/BathPriced From
1785 Tecumseh St1785 Tecumseh St2BR, 1BA$900
326 W Florence Ave326 W Florence Ave2BR, 1BA$975
4237 Fairview Dr4237 Fairview Dr3BR, 1BA$985
1738 Marne Ave1738 Marne Ave2BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2252 Whitney Ave2252 Whitney Ave4BR, 1BA$0.76
2149 Alvin St2149 Alvin St3BR, 1BA$0.99
3337 Parkwood Ave3337 Parkwood Ave3BR, 1BA$0.89
1517 Lincoln Ave1517 Lincoln Ave3BR, 1BA$0.79
4237 Fairview Dr4237 Fairview Dr3BR, 1BA$0.77
528 Church St528 Church St2BR, 1BA$0.83
202 S Main St202 S Main St3BR, 1BA$0.95
180 Eldred Ave180 Eldred Ave3BR, 1.5BA$0.97
3611 Douglas Rd, Unit Lower3611 Douglas Rd2BR, 1BA$0.89
1785 Tecumseh St1785 Tecumseh St2BR, 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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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Toledo, OH Area Reviews

  • Parks
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Catrina1+ 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!

Cat2+ 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 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

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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.

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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.

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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.

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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.