
Cheap Homes for Rent in Toledo, OH from $600 (130 Rentals)
Search the lowest-cost Homes available for rent right now in Toledo.


2057 Airport Hwy

4912 Douglas Rd

1311 Mason St

2445 W Bancroft St

219 Eastern Ave

2854 W Sylvania Ave

6020 Secor Rd

932 Forsythe St

111 S Summit St
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.

111 S Summit St

111 S Summit St

111 S Summit St

111 S Summit St

1955 S Reynolds Rd

111 S Summit St

111 S Summit St

111 S Summit St

111 S Summit St

1945 Ottawa Dr
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.

2647 Eastgate Rd

2647 Eastgate Rd

771 Orchard St

3424 Douglas Rd

2435 Woodford St

712 Balfe St

315 Parker Ave

154 Austin St

816 Wright Ave

1634 Milburn Ave
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.

1909 1/2 Ottawa Dr

649 Willard St, Unit 2

505 N Main St

912 Willow Ave

2323 Shoreland Ave

616 Knower St

2323 Shoreland Ave

752 Euclid Ave

227 Everett St

912 Willow Ave
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

1217 Greenwood Ave

1037 Orchard St

223 Charles St

2136 Stirrup Ln

225 Palmer St

3928 Upton Ave

2900 Dean Rd

621 Dearborn Ave

4030 Elmhurst Rd

1846 Loxley Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,036 | $700 | $2,300 |
| Toledo 3 Bedroom Homes for Rent | $1,319 | $697 | $4,500 |
| Toledo 4 Bedroom Homes for Rent | $1,864 | $1,150 | $4,250 |
| Toledo 5 Bedroom Homes for Rent | $1,674 | $665 | $2,625 |
| Toledo 6 Bedroom Homes for Rent | $2,808 | $2,700 | $3,090 |
| Toledo 7 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
Browse Top Homes for Rent in Toledo
Explore Toledo
Toledo, OH Local Guide
- Toledo Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Toledo, OH
Pricing Updated: 03/21/2026Current apartment rentals in the Toledo, OH area range in price from $330 to $5,828 with an overall median price of $1,541. The three Toledo neighborhoods with the lowest median rent pricing are Alexis Addition at $625, Shoreland at $625, and Whitmer at $625. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Alexis Addition | $850 | $625 | 9 |
| Shoreland | $850 | $625 | 11 |
| Whitmer | $889 | $625 | 6 |
| Wernert's Corner | $922 | $675 | 6 |
| Whitmer Trilby | $947 | $583 | 11 |
| Elmhurst | $959 | $650 | 22 |
| Five Points | $1,012 | $675 | 13 |
| North Towne | $1,041 | $665 | 19 |
| Ottawa | $1,150 | $330 | 61 |
| Glendale | $1,240 | $475 | 87 |
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. Prescott Place in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Toledo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Hill Apartments | 1BR/1BA | 1BR,1BA | $475 |
| Prescott Place | 1 Bed 1 Bath Apt. | 1BR,1BA | $495 |
| The Avenue | 1 Bed 1 Bath Apt. | 1BR,1BA | $500 |
| Oak Hill Apartments | Small One Bedroom | 1BR,1BA | $550 |
| Executive Towers Apartments | Studio | 1BR,1BA | $600 |
| Terraceview Apartments | One Bedroom | 1BR,1BA | $600 |
| 2820 Collingwood Blvd | 1 Bed 1 Bath Apt. | 1BR,1BA | $625 |
| Machen St Apartments | 1 Bedroom | 1BR,1BA | $625 |
| Park Terrace Apartments | The Maple | 1BR,1BA | $635 |
| Westbrook Apartments | One Bedroom | 1BR,1BA | $650 |
Best Value Apartments for Rent in Toledo, OH
As of March 21, 2026 the best value apartment in the Toledo area is the $0.44 price per square foot 4 Bed 2.5 Bath Shared Living Suite Model at Owens Lake Commons in the starting from $680. The second greatest value Toledo apartment is the 336 4th St Model at 336 4th St, Unit Lower starting at $850 with a $0.57 price per square foot in the Ironwood neighborhood. Here is today’s list of the best values for Toledo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Owens Lake Commons | 4 Bed 2.5 Bath Shared Living Suite | 4BR,2.5BA | $0.44 |
| 336 4th St, Unit Lower | 336 4th St | 3BR,1BA | $0.57 |
| 1325 Waverly Ave | 1325 Waverly Ave | 2BR,1BA | $0.67 |
| 2820 Collingwood Blvd | 1 Bed 1 Bath Apt. | 1BR,1BA | $0.63 |
| University Hills | B3 Floor Plan | 2BR,2BA | $0.60 |
| Miracle Manor | 2 BEDROOM 1 BATH | 2BR,1BA | $0.83 |
| Greenwich Apartments | Two Bedroom | 2BR,1BA | $0.93 |
| Oak Hill - Airport Hwy | 2BR/1BA | 2BR,1BA | $0.84 |
| River Bend Apartments | One Bedroom | 1BR,1BA | $0.87 |
| Prescott Place | 1 Bed 1 Bath Apt. | 1BR,1BA | $0.70 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toledo, OH Rentals by Map
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 1209 Apartments for Rent in Toledo, OH with pricing that ranges from $330 to $5,828. There are also 217 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toledo ranging from $625 to $4,500.
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 $625 to $4,500 with an average monthly rent of $1,595.
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 $650 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $697 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $569.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.