
Cheap Homes for Rent in the Ottawa Neighborhood of Toledo, OH from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Ottawa area of Toledo.

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.

3145 Sherbrooke Rd
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.
Ottawa, Toledo, OH Local Guide

How much does it cost to rent a home in Ottawa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ottawa 2 Bedroom Homes for Rent | $953 | $875 | $1,050 |
| Ottawa 3 Bedroom Homes for Rent | $1,320 | $1,022 | $1,800 |
| Ottawa 4 Bedroom Homes for Rent | $1,264 | $1,000 | $1,399 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Ottawa Neighborhood of Toledo, OH.
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Ottawa, Toledo, OH Local Guide
- Nearby Toledo neighborhoods
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Best Value Apartments for Rent in Ottawa, OH
As of July 14, 2026 the best value apartment in the Ottawa area is the $0.60 price per square foot B3 Floor Plan - Limited Availability! Model at University Hills in the in the North Toledo neighborhood starting from $599. The second greatest value Ottawa apartment is the 2 Beds, 1 Baths Model at The 1919 starting at $800 with a $0.89 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Ottawa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Hills | B3 Floor Plan - Limited Availability! | 2BR,2BA | $0.60 |
| The 1919 | 2 Beds, 1 Baths | 2BR,1BA | $0.89 |
| Heatherwick House | 2 Bedroom | 2BR,1BA | $1.14 |
| Orchard Village | 1 Bedroom, 1 Bath | 1BR,1BA | $1.61 |
| The Flats at Douglas | Drummond | 1BR,1BA | $1.42 |
| Cone St Apartments | 1 Bedroom | 1BR,1BA | $0.97 |
| Georgetown Village | 2 BEDROOM 1 BATH | 2BR,1BA | $1.12 |
| Vivo Toledo | 4 Bed 4 Bath - Student Housing (Per Bed) | 4BR,4BA | $1.67 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Ottawa, Toledo, OH
Old Orchard Elementary School
Toledo Technology Academy High School
School data provided by Great Schools
Frequently Asked Questions about Ottawa
What type of rentals are currently available in Ottawa?
There are currently 132 Apartments for Rent in Ottawa, OH with pricing that ranges from $330 to $2,338. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ottawa ranging from $625 to $1,800.
What is the current price range for Rental Homes in Ottawa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ottawa ranges from $625 to $1,800 with an average monthly rent of $1,056.
How much are larger Three and Four Bedroom Rentals in Ottawa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ottawa range from $500 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,022 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $589.
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 Expert's 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.