Cheap Homes for Rent in Olde Towne Neighborhood of Toledo, OH from $500 (35 Rentals)

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

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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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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 $550. 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 ListingModel NameBed/BathPriced From
Prescott PlaceOne Bedroom1BR,1BA$550
Executive Towers ApartmentsStudio1BR,1BA$600
The AvenueOne Bedroom1BR,1BA$600
Machen St Apartments1 Bedroom1BR,1BA$625
Prescott Place3 Beds, 1 Baths3BR,1BA$650
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$750
Historic Hillcrest Apartments301-8011BR,1BA$750
Superior ApartmentsOne Bedroom1BR,1BA$795

Best Value Apartments for Rent in Olde Towne, OH

As of January 11, 2026 the best value apartment in the Olde Towne area is the $0.93 price per square foot The Summit Model at Commodore Perry Apartments in the in the Ironwood neighborhood starting from $1,245. The second greatest value Olde Towne apartment is the 2614 Brentwood Ave Model at 2614 Brentwood Ave, Unit Brentwood starting at $950 with a $0.79 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.
Commodore Perry ApartmentsThe Summit2BR,1BA$0.93
2614 Brentwood Ave, Unit Brentwood2614 Brentwood Ave2BR,1BA$0.79
LaSalle ApartmentsThe Wildwood2BR,1BA$1.06
3802 Burton Ave, Unit Lower3802 Burton Ave2BR,1BA$1.04
Prescott Place3 Beds, 1 Baths3BR,1BA$0.70
Prescott PlaceTwo Bedroom2BR,1BA$0.80
3930 Upton Ave, Unit 13930 Upton Ave1BR,1BA$0.66
Historic Hillcrest Apartments802-9021BR,1BA$1.19
3937 Torrance Dr, Unit 33937 Torrance Dr1BR,1BA$1.00
The AvenueOne Bedroom1BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 #12

Among cities in Ohio for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Olde Towne

What type of rentals are currently available in Olde Towne?

There are currently 263 Apartments for Rent in Olde Towne, OH with pricing that ranges from $525 to $3,375. There are also 82 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olde Towne ranging from $545 to $4,500.

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 $545 to $4,500 with an average monthly rent of $1,080.

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 $650 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,650.

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

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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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.