Cheap Apartments for Rent in Toledo, OH from $300 (298 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Toledo.

Showing Results 1-50, Page 1 of 6

Toledo, OH Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Toledo, OH

Pricing Updated: 02/23/2025

Current apartment rentals in the Toledo, OH area range in price from $475 to $4,297 with an overall median price of $1,357. The three Toledo neighborhoods with the lowest median rent pricing are Shoreland at $575, Trilby at $589, and Old West End at $495. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Toledo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Shoreland$795$57532
Trilby$883$589525
Old West End$920$4951360
The Corridor$920$4951438
Southwyck$962$5101177
Ottawa Hills$1,063$510238
Polish Village$1,114$4953388
Lagrange$1,150$4953046
Whitmer$1,162$560600
Collingwood Springs$1,167$4953055

Cheapest Available Toledo Apartments for Rent

 

The cheapest available apartment rental in Toledo, OH is a 1 Bed unit found at Oak Hill Apartments in the West Toledo neighborhood priced from $475. Prescott Place in the North Toledo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Toledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill Apartments1BR/1BA1BR,1BA$475
Prescott PlaceOne Bedroom1BR,1BA$495
The AvenueOne Bedroom1BR,1BA$500
1910 Locust StStudioStudio,1BA$500
University HillsA2DO Floor Plan (Double Occupancy*)1BR,1BA$510
Clair CommonsStudio One BathStudio,1BA$549
Oak Hill - Airport Hwy1BR/1BA1BR,1BA$550
Ashland Manor 55+1BD CONV1BR,1BA$550
Oak Hill ApartmentsSmall One Bedroom1BR,1BA$550
5311 N Detroit Apartments1 Beds, 1 Baths1BR,1BA$595

Best Value Apartments for Rent in Toledo, OH

As of February 23, 2025 the best value apartment in the Toledo area is the $0.56 price per square foot 1465 N Superior St Model at 1465 N Superior St, Unit Lower in the in the North Toledo neighborhood starting from $800. The second greatest value Toledo apartment is the 2 bed 2 bath apartment Model at Eagle Ridge Apartments starting at $1,000 with a $0.88 price per square foot in the Southwyck neighborhood. Here is today’s list of the best values for Toledo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1465 N Superior St, Unit Lower1465 N Superior St2BR,1BA$0.56
Eagle Ridge Apartments2 bed 2 bath apartment2BR,2BA$0.88
Heathbriar ApartmentsTwo Bedroom2BR,1BA$0.89
Brookhill ApartmentsTwo-Bedroom Townhome2BR,1BA$0.84
Valley Stream Apartments2 bed Maumee - Upper2BR,1BA$0.93
Sandpiper Apartments2 Bedroom2BR,1BA$0.92
3115 131st St, Unit 13115 131st St2BR,1BA$0.87
Hunters Ridge Toledo2 BEDROOM 1 BATH2BR,1BA$0.86
Oak Hill - Airport Hwy2BR/1BA2BR,1BA$0.75
Quail Ridge ApartmentsOne Bedroom1BR,1BA$0.86

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.

decorative image of people with a giant lease agreement

Toledo Overview

"Toledo, Ohio, located on the Maumee River and just north of the Great Black Swamp giving it the nickname “Frog Town,” is one of the best-kept secrets in the United States. It is rich in culture, history, outdoor activities, and it all comes at a low cost of living. The friendly down-to-earth locals represent the city’s attitude and slogan “You will do better in Toledo."" Toledo is also known for its roots in the glass industry as the “Glass City” and home of the Martin Luther King, Jr. Plaza with a 50-by-4 foot glass mural as a reminder that Toledo is the center of the glass industry. With so much history and fun to be had by residents, it's no wonder so many find their perfect home among the many options in Toledo apartments."

Why live in Toledo, OH?

Toledo has an excellent mix of culture, art, education opportunities, outdoor activities, city history, museums, and landmarks. It is a family-focused community with an extensive park system throughout the city. The University of Toledo has a beautiful campus on 858 acres and was rated Tier 2 in the 2016 edition of the Best Colleges. Toledo has a long history of innovation from businesses like the glass industry and Jeep vehicles. The diversity of the population adds variety to the local food, music, art, and fun in the area. Toledo is a place you don't want to miss!

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Toledo, OH Rentals by Map

Decorative image of map

See the most popular apartments and homes in Toledo, OH

View MapToledo, OH Apartments MapView MapToledo, OH Rental Homes Map

Getting Around Toledo, OH

Walk Score®

53 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Toledo Apartments

What is the Cheapest Studio apartment in Toledo?

Currently the most affordable Cheap Studio Apartment in Toledo is at 1910 Locust St listed at $500.

How much is rent for a Cheap One Bedroom Toledo Apartment?

The lowest price for a Cheap One Bedroom Toledo Apartment is $475 at Oak Hill Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Toledo is starting from $550 at Prescott Place.

What is the most affordable Toledo Three Bedroom Apartment?

The best deal on a cheap Toledo Three Bedroom Apartment rental is at Prescott Place and starts from $650.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.