Cheap Apartments for Rent in the Olde Towne Neighborhood of Toledo, OH from $300 (40 Rentals)

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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.

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!

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Totco
1 to 4 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620

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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Swan Creek
Studio to 1 Bedroom Apartments

Swan Creek

111 S Summit StToledo, OH 43604
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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
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Ashland Manor 55+
1 to 2 Bedroom Apartments

Ashland Manor 55+

2030 Ashland AveToledo, OH 43620
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Prescott Place
2 Bedroom Apartments

Prescott Place

409 W Bancroft StToledo, OH 43620
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Uptown Art Center
1 to 3 Bedroom Apartments

Uptown Art Center

326-336 14th StToledo, OH 43604
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Ashland Properties
1 to 3 Bedroom Apartments

Ashland Properties

2303 Ashland AveToledo, OH 43620
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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.

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Prescott Place
1 Bedroom Apartments

Prescott Place

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

Collingwood Green

800 Division Sreet StToledo, OH 43604
Senior Living
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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.

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Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
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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 Prescott Place priced from $500. The Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here are the most affordable Olde Towne apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
Prescott PlaceOne Bedroom1BR,1BA$500
The AvenueOne Bedroom1BR,1BA$560
Prescott Place1 Beds, 1 Baths1BR,1BA$595
Executive Towers ApartmentsStudioStudio,1BA$600
Machen St Apartments1 Bed, 1 bath1BR,1BA$625
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$725
Jackman Grove1 BR, 1 BA- Upgrade1BR,1BA$753
Historic Hillcrest Apartments308-8081BR,1BA$850
Marina Lofts ToledoThe Miami1BR,1BA$1,106

Best Value Apartments for Rent in Olde Towne, OH

As of July 25, 2025 the best value apartment in the Olde Towne area is the $0.99 price per square foot The Asbury Model at LaSalle Apartments in the in the Ironwood neighborhood starting from $1,199. The second greatest value Olde Towne apartment is the 909 Madison Ave Model at 909 Madison Ave, Unit 909 A starting at $1,550 with a $1.35 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.
LaSalle ApartmentsThe Asbury2BR,1BA$0.99
909 Madison Ave, Unit 909 A909 Madison Ave2BR,2BA$1.35
Prescott PlaceFour Bedroom4BR,1BA$1.00
414 Floyd St, Unit #4414 Floyd St1BR,1BA$1.00
Historic Hillcrest Apartments802-9021BR,1BA$1.19
Jackman Grove1 BR, 1 BA- Upgrade1BR,1BA$1.08
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.18
Prescott Place1 Beds, 1 Baths1BR,1BA$1.08
The AvenueOne Bedroom1BR,1BA$1.08
Executive Towers ApartmentsStudioStudio ,1BA$1.50

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.

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

Frequently Asked Questions about Cheap Olde Towne Apartments

What is the Cheapest Studio apartment in Olde Towne?

Currently the most affordable Cheap Studio Apartment in Olde Towne is at Executive Towers Apartments listed at $600.

How much is rent for a Cheap One Bedroom Olde Towne Apartment?

The lowest price for a Cheap One Bedroom Olde Towne Apartment is $500 at Prescott Place.

What is the lowest price for a Cheap Two Bedroom Olde Towne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Olde Towne is starting from $600 at Prescott Place.

What is the most affordable Olde Towne Three Bedroom Apartment?

The best deal on a cheap Olde Towne Three Bedroom Apartment rental is at Beacon Place Apartments and starts from $990.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.