Cheap Homes for Rent in Toledo, OH from $400 (114 Rentals)

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

property at 6201 Garden Rd

$650 - $1,090

1 To 3 Bedroom Rentals

Available Now

6201 Garden Rd

MaumeeOH43537

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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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.

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property at 730 Meadow Springs Ct

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 2 Bath Home for Rent

Available Now

730 Meadow Springs Ct

MaumeeOH43537

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

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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: 08/08/2026

Current apartment rentals in the Toledo, OH area range in price from $330 to $7,228 with an overall median price of $1,071. The three Toledo neighborhoods with the lowest median rent pricing are West Toledo at $719, The Corridor at $735, and Old West End at $740. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Toledo$719$33035
The Corridor$735$61520
Old West End$740$61521
Alexis Addition$750$6252
Shoreland$750$6255
Wernert's Corner$795$6603
Five Points$800$66013
North Towne$800$58532
Southside$800$57527
Lambertville Temperance$809$58933

Cheapest Available Toledo Apartments for Rent

 

The cheapest available apartment rental in Toledo, OH is a 1 Bed unit found at Prescott Place in the North Toledo neighborhood priced from $560. Vivo Toledo in the West Toledo neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $567. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prescott Place1 Bed 1 Bath Apt.1BR,1BA$560
Vivo Toledo3 Bed 3 Bath - Student Housing (Per Ped)3BR,3BA$567
2820 Collingwood Blvd1 Bed 1 Bath Apt.1BR,1BA$570
Maple Creek Apartments1 Bedroom Renovated1BR,1BA$585
Oak Hill Apartments1BR/1BA1BR,1BA$600
Oak Hill ApartmentsSmall One Bedroom1BR,1BA$600
Terraceview ApartmentsOne Bedroom1BR,1BA$600
Glendale VillageStudioStudio,1BA$610
The Avenue1 Bed 1 Bath Apt.1BR,1BA$615
Parkside ApartmentsThe Brook1BR,1BA$625

Best Value Apartments for Rent in Toledo, OH

As of August 08, 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 149 University Blvd Model at 149 University Blvd, Unit Lower starting at $975 with a $0.74 price per square foot in the Glendale 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.
2018 Glenwood Ave, Unit 32018 Glenwood Ave2BR,1BA$0.53
149 University Blvd, Unit Lower149 University Blvd2BR,1BA$0.74
4102 Garden Estates Dr2 Beds, 2 Baths2BR,2BA$0.79
5623 Ryewyck Dr2 Beds, 1 Baths2BR,1BA$0.86
Prescott Place4 bed 1 bath Apt.4BR,1BA$0.87
2820 Collingwood Blvd1 Bed 1 Bath Apt.1BR,1BA$0.57
582 South Ave, Unit Lower582 South Ave2BR,1BA$0.85
Pine Meadows Apartments2x12BR,1BA$0.80
4013 Caroline Ave1 Beds, 1 Baths1BR,1BA$0.86
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Toledo, OH Rentals by Map

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Toledo, OH Area Reviews

  • Parks
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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 1202 Apartments for Rent in Toledo, OH with pricing that ranges from $330 to $7,228. There are also 216 Single Family Homes for rent, Condos, and Townhome rentals currently available in Toledo ranging from $475 to $3,000.

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 $475 to $3,000 with an average monthly rent of $1,209.

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 $3,688, while Three Bedroom Homes, Condos, and Townhomes for rent range from $697 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,000 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

decorative image for Book Smarts, Smart Moves: Best Neighborhoods Near Toledo Campuses article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.