Cheap Homes for Rent in Olde Towne Neighborhood of Toledo, OH from $600 (14 Rentals)

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

property at 454 Machen St

454 Machen St

ToledoOH43620

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!

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
Machen St Apartments1 Bed, 1 bath1BR,1BA$625

Best Value Apartments for Rent in Olde Towne, OH

As of June 24, 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
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
Jackman Grove1 BR, 1 BA- Upgrade1BR,1BA$1.23
Commodore Perry ApartmentsThe Superior1BR,1BA$1.28
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.18
Prescott Place1 Beds, 1 Baths1BR,1BA$1.08
The AvenueOne Bedroom1BR,1BA$0.97

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Frequently Asked Questions about Olde Towne

What type of rentals are currently available in Olde Towne?

There are currently 260 Apartments for Rent in Olde Towne, OH with pricing that ranges from $550 to $5,949. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde Towne ranging from $625 to $1,650.

What is the current price range for Rental Homes in Olde Towne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olde Towne ranges from $625 to $1,650 with an average monthly rent of $1,072.

How much are larger Three and Four Bedroom Rentals in Olde Towne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olde Towne range from $775 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,450. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,225.

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.

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.

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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.