
Cheap Apartments for Rent in the Olde Towne Neighborhood of Toledo, OH from $300 (77 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olde Towne area of Toledo.


2807 Chestnut St

237 Yondota St

Prescott Place

3010 Warsaw St

Executive Towers Apartments

Machen St Apartments

Park Lane Residences

Total Monthly Price
Cone St Apartments

3940 Jackman Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

154 Austin St, Unit 2

3812 Drexel Dr, Unit 2

1738 Milburn Ave

Jackman Grove

111 S Summit St, Unit 216

111 S Summit St, Unit 121

111 S Summit St, Unit 204

111 S Summit St, Unit 129

111 S Summit St, Unit 223

111 S Summit St, Unit 227
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.

111 S Summit St, Unit 101

111 S Summit St, Unit 116

111 S Summit St, Unit 202

Total Monthly Price
417 Utah St, Unit 417 utah upstairs, Unit 417 utah upstairs

420 Platt St

Beacon Place Apartments

Historic Hillcrest Apartments

3828 Revere Dr

470-476 2nd St

145 Carbon St, Unit 2, Unit 2
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.

625 Virginia St

1465 Milburn Ave

3950 Woodhaven Dr

524 E Hudson St

Commodore Perry Apartments

425 Boston Pl

830 Homer Ave

2447-2449 Maplewood Ave

1016 Mallett St, Unit 1

1785 Tecumseh St
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Explore the top Toledo neighborhoods for student rentals near major universities, campuses, parks, and hospitals—perfect for every stage of college life.

Edge 21 Apartments

1026 Oakwood Ave

4113 N Lockwood Ave

Tower on the Maumee and Ferrara Flats

Totco

1910 Locust St

Parqwood Apartments

Prescott Place

Prescott Place

Ashland Manor 55+
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!
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 | $849 | $645 | $1,175 |
| Olde Towne 1 Bedroom Apartments | $1,360 | $500 | $3,681 |
| Olde Towne 2 Bedroom Apartments | $1,438 | $665 | $4,950 |
| Olde Towne 3 Bedroom Apartments | $1,337 | $715 | $1,775 |
| Olde Towne 4 Bedroom Apartments | $1,320 | $865 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 77 rentals with your search options within a 2 mile radius of the Olde Towne Neighborhood of Toledo, OH.
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Olde Towne, Toledo, OH Local Guide
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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. Executive Towers Apartments 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 | 1 Bed 1 Bath Apt. | 1BR,1BA | $560 |
| Executive Towers Apartments | Studio | 1BR,1BA | $600 |
| Machen St Apartments | 1 Bedroom | 1BR,1BA | $625 |
| Cone St Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Jackman Grove | 1 BR (Efficiency), 1 BA- Upgrade | 1BR,1BA | $680 |
| The Avenue | 2 Bed 1 Bath Apt. | 2BR,1BA | $740 |
| Historic Hillcrest Apartments | 301-801 | 1BR,1BA | $750 |
| 601 Main St | 0/1 | Studio,1BA | $750 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Olde Towne, OH
As of April 28, 2026 the best value apartment in the Olde Towne area is the $1.25 price per square foot The Wildwood Model at LaSalle Apartments in the in the Ironwood neighborhood starting from $1,706. The second greatest value Olde Towne apartment is the 417 Utah St Model at 417 Utah St, Unit 417 utah upstairs starting at $700 with a $0.74 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| LaSalle Apartments | The Wildwood | 2BR,1BA | $1.25 |
| 417 Utah St, Unit 417 utah upstairs | 417 Utah St | 2BR,1BA | $0.74 |
| Standart Lofts | X09-26 | 1BR,1BA | $1.48 |
| The Summit | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Historic Hillcrest Apartments | 802-902 | 1BR,1BA | $1.19 |
| Prescott Place | 1 Bed 1 Bath Apt. | 1BR,1BA | $0.79 |
| The Avenue | 2 Bed 1 Bath Apt. | 2BR,1BA | $1.09 |
| Cone St Apartments | 1 Bedroom | 1BR,1BA | $0.97 |
| Jackman Grove | 1 BR (Efficiency), 1 BA- Upgrade | 1BR,1BA | $1.05 |
| Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.22 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 #8
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.
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 $750.
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 $1,450.
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 11 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 $282 which is $1,168 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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.