
Cheap Apartments for Rent in the Olde Towne Neighborhood of Toledo, OH from $300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olde Towne area of Toledo.


The Avenue

Executive Towers Apartments

1027 Eleanor Ave

2468 Parkview Ave
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.

1026 Woodland Ave

425 3rd St

4105 Walker Ave

Historic Hillcrest Apartments

Beacon Place Apartments

601 Main St
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.

Superior Apartments

3944 Torrance Dr

1738 Milburn Ave

Commodore Perry Apartments

1565 Jermain Dr

195 1/2 E Broadway St

3839 Hazelhurst Ave

4138 Lyman Ave

Edge 21 Apartments
Cash 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.
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
Olde Towne, Toledo, OH Local Guide

How much does it cost to rent an apartment in Olde Towne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olde Towne Studio Apartments | $990 | $750 | $1,165 |
| Olde Towne 1 Bedroom Apartments | $1,207 | $560 | $2,216 |
| Olde Towne 2 Bedroom Apartments | $1,304 | $600 | $3,295 |
| Olde Towne 3 Bedroom Apartments | $1,264 | $675 | $1,750 |
| Olde Towne 4 Bedroom Apartments | $1,246 | $995 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Olde Towne Neighborhood of Toledo, OH.
See all Apartments in ToledoExplore Toledo
Olde Towne, Toledo, OH Local Guide
- Nearby Toledo neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
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 Prescott Place priced from $560. The Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Olde Towne apartments for rent in Toledo, OH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prescott Place | One Bedroom | 1BR,1BA | $560 |
| The Avenue | One Bedroom | 1BR,1BA | $600 |
| Executive Towers Apartments | Studio | 1BR,1BA | $600 |
| 2820 Collingwood Blvd | 1 Bedroom | 1BR,1BA | $625 |
| Machen St Apartments | 1 Bedroom | 1BR,1BA | $625 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
| Historic Hillcrest Apartments | 301-801 | 1BR,1BA | $750 |
| Superior Apartments | One Bedroom | 1BR,1BA | $795 |
| LaSalle Apartments | The Metro | 1BR,1BA | $899 |
Best Value Apartments for Rent in Olde Towne, OH
As of December 12, 2025 the best value apartment in the Olde Towne area is the $0.89 price per square foot The Erie Model at Commodore Perry Apartments in the in the Ironwood neighborhood starting from $1,199. The second greatest value Olde Towne apartment is the Four Bedroom Model at Prescott Place starting at $995 with a $1.00 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Commodore Perry Apartments | The Erie | 2BR,1BA | $0.89 |
| Prescott Place | Four Bedroom | 4BR,1BA | $1.00 |
| LaSalle Apartments | The Metro | 1BR,1BA | $1.07 |
| Prescott Place | 3 Beds, 1 Baths | 3BR,1BA | $0.70 |
| 2820 Collingwood Blvd | 1 Bedroom | 1BR,1BA | $0.74 |
| Jackman Grove | 2 BR, 1 BA- Upgrade | 2BR,1BA | $1.15 |
| Historic Hillcrest Apartments | 802-902 | 1BR,1BA | $1.19 |
| 135 Everett St, Unit Upper | 135 Everett St | 2BR,1BA | $0.89 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
| The Avenue | One Bedroom | 1BR,1BA | $1.16 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick 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.
Pet Friendly LifestyleOlde Towne, Toledo, OH
Ranked #3
Among cities in Ohio for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $899.
What is the price of a cheap apartment in Olde Towne?
The cheapest apartment in Olde Towne is Prescott Place which is listed at $560, while the average apartment in Olde Towne costs $1,299.
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 13 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 $280 which is $1,019 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

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
























