Cheap Apartments for Rent in the Olde Towne Neighborhood of Toledo, OH from $300 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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!

Read Article

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

Read Article
close
View Me
Totco
1 to 4 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620
close
View Me
Swan Creek
Studio to 1 Bedroom Apartments

Swan Creek

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

1910 Locust St

1910 Locust StToledo, OH 43608
  • Utilities Included
close
View Me
Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
  • Utilities Included
close
View Me
Prescott Place
2 Bedroom Apartments

Prescott Place

409 W Bancroft StToledo, OH 43620

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.

Read Article
close
View Me
Uptown Art Center
1 to 3 Bedroom Apartments

Uptown Art Center

326-336 14th StToledo, OH 43604
  • Utilities Included
close
View Me
Ashland Properties
1 to 3 Bedroom Apartments

Ashland Properties

2303 Ashland AveToledo, OH 43620
  • Utilities Included
close
View Me
Prescott Place
1 Bedroom Apartments

Prescott Place

401 W Bancroft StToledo, OH 43620
close
View Me
Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

800 Division Sreet StToledo, OH 43604
Senior Living
close
View Me
Park Lane Residences
Studio to 1 Bedroom Apartments

Park Lane Residences

142 23rd StToledo, OH 43604
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
  • Utilities Included
Showing Results 1-46, Page 1 of 1

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. Ashland Manor 55+ has the second lowest priced unit, which is a 1 Bed 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
Ashland Manor 55+1BD CONV1BR,1BA$550
Prescott Place1 Beds, 1 Baths1BR,1BA$595
Executive Towers ApartmentsStudioStudio,1BA$600
Larchmont EstatesNewly Renovated 1 Bedroom 1 Bath Apartment1BR,1BA$624
Machen St Apartments1 Bed, 1 bath1BR,1BA$625
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$725
Historic Hillcrest Apartments414-7141BR,1BA$775
Commodore Perry ApartmentsThe Superior1BR,1BA$829

Best Value Apartments for Rent in Olde Towne, OH

As of June 08, 2025 the best value apartment in the Olde Towne area is the $0.44 price per square foot 4032 Vermaas Ave Model at 4032 Vermaas Ave, Unit 1 in the in the North Toledo neighborhood starting from $850. The second greatest value Olde Towne apartment is the 102 Melrose Ave Model at 102 Melrose Ave, Unit 102 melrose toledo unit 1 starting at $1,225 with a $0.88 price per square foot in the North Toledo 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.
4032 Vermaas Ave, Unit 14032 Vermaas Ave2BR,1BA$0.44
102 Melrose Ave, Unit 102 melrose toledo unit 1102 Melrose Ave3BR,1BA$0.88
811 Collins St, Unit Lower811 Collins St3BR,1BA$0.69
4129 N Lockwood Ave, Unit Upper4129 N Lockwood Ave2BR,1BA$0.63
2614 Brentwood Ave, Unit Brentwood2614 Brentwood Ave2BR,1BA$0.79
Historic Hillcrest Apartments704-8041BR,1BA$1.13
708 W Bancroft St, Unit 9708 W Bancroft St2BR,1BA$1.06
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.18
Prescott Place1 Beds, 1 Baths1BR,1BA$1.08
The AvenueOne Bedroom1BR,1BA$0.97

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Olde Towne, Toledo, OH

Ranked #3

Among neighborhoods in Toledo, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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.

Getting Around the Olde Towne Neighborhood in Toledo, OH

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $829.

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 $1,500.

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 12 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 $192 which is $1,308 cheaper than the average rent for all rentals in Olde Towne.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Experts Guide to the Best Affordable Neighborhoods in Toledo, OH article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.