Cheap Apartments for Rent in the Olde Towne Neighborhood of Toledo, OH from $300 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Olde Towne area of Toledo.

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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.

property at 3010 Warsaw St

$725 - $850

1 To 2 Bedroom Rentals

Available Now

3010 Warsaw St

ToledoOH43608

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property at 601 Main St

$750 - $850

Studio To 1 Bedroom Rentals

Available Now

601 Main St

ToledoOH43605
property at 524 E Hudson St

$825 - $995

2 To 3 Bedroom Rentals

Available Now

524 E Hudson St

ToledoOH43608

Olde Towne - One of the Best Affordable Neighborhoods in Toledo

Named as one of the Best Affordable Neighborhoods to rent in Toledo by our Local Expert Catrina Cowart. See how it ranks!

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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Totco
1 to 5 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620
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Swan Creek
Studio to 2 Bedroom Apartments

Swan Creek

111 S Summit StToledo, OH 43604
  • Utilities Included
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1910 Locust St
Studio Apartments

1910 Locust St

1910 Locust StToledo, OH 43608
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Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
Senior Living
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Prescott Place
1 to 4 Bedroom Apartments

Prescott Place

401 W Bancroft StToledo, OH 43620
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Prescott Place
2 to 4 Bedroom Apartments

Prescott Place

409 W Bancroft StToledo, OH 43620
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Ashland Manor 55+
1 to 2 Bedroom Apartments

Ashland Manor 55+

2030 Ashland AveToledo, OH 43620
Senior Living
  • Utilities Included
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Uptown Art Center
1 to 3 Bedroom Apartments

Uptown Art Center

326-336 14th StToledo, OH 43604
  • Utilities Included

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Olde Towne, Toledo, OH Local Guide

Cheapest Available Olde Towne Apartments for Rent

 

The cheapest available apartment rental in the Olde Towne area of Toledo, OH is a 1 Bed unit found at The Avenue priced from $500. Prescott Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $550. Here are the most affordable Olde Towne apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
The AvenueOne Bedroom1BR,1BA$500
Prescott PlaceTwo Bedroom2BR,1BA$550
Executive Towers ApartmentsStudio1BR,1BA$600
Machen St Apartments1 Bedroom1BR,1BA$625
Cone St Apartments1 Bedroom1BR,1BA$650
Historic Hillcrest Apartments301-8011BR,1BA$750
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
Jackman Grove1 BR (Efficiency), 1 BA- Upgrade1BR,1BA$770

Best Value Apartments for Rent in Olde Towne, OH

As of January 28, 2026 the best value apartment in the Olde Towne area is the $0.79 price per square foot 2614 Brentwood Ave Model at 2614 Brentwood Ave, Unit Brentwood in the in the North Toledo neighborhood starting from $950. The second greatest value Olde Towne apartment is the The Wildwood Model at LaSalle Apartments starting at $1,149 with a $0.96 price per square foot in the Ironwood neighborhood. Here is today’s list of the best values for Olde Towne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2614 Brentwood Ave, Unit Brentwood2614 Brentwood Ave2BR,1BA$0.79
LaSalle ApartmentsThe Wildwood2BR,1BA$0.96
3930 Upton Ave, Unit 13930 Upton Ave1BR,1BA$0.66
Historic Hillcrest Apartments802-9021BR,1BA$1.19
Prescott PlaceTwo Bedroom2BR,1BA$0.75
The AvenueTwo Bedroom2BR,1BA$1.00
3941 Torrance Dr, Unit #43941 Torrance Dr1BR,1BA$0.93
Cone St Apartments1 Bedroom1BR,1BA$0.97
Jackman Grove1 BR (Efficiency), 1 BA- Upgrade1BR,1BA$1.18
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.22

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Pet Friendly Lifestyle
Olde Towne, Toledo, OH

Ranked #2

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Ohio and customized analysis for Toledo, Ohio. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Olde Towne Apartments

What is a cheap apartment in Olde Towne?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olde Towne is under $770.

What is the price of a cheap apartment in Olde Towne?

The cheapest apartment in Olde Towne is The Avenue which is listed at $500, while the average apartment in Olde Towne costs $1,650.

What types of apartments are the cheapest in Olde Towne?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in Olde Towne that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Olde Towne?

Cheap apartments in Olde Towne have an average cost of $348 which is $1,302 cheaper than the average rent for all rentals in Olde Towne.

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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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.