Cheap Apartments for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $300 (25 Rentals)

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

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

close
View Me
Totco
1 to 4 Bedroom Apartments

Totco

302 Columbia StToledo, OH 43620
close
View Me
Swan Creek
Studio to 1 Bedroom Apartments

Swan Creek

111 S Summit StToledo, OH 43604
  • Utilities Inc.
close
View Me
Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
  • Utilities Inc.
close
View Me
Prescott Place
1 to 3 Bedroom Apartments

Prescott Place

401 W Bancroft StToledo, OH 43620
close
View Me
Prescott Place
2 Bedroom Apartments

Prescott Place

409 W Bancroft StToledo, OH 43620
close
View Me
Uptown Art Center
1 to 3 Bedroom Apartments

Uptown Art Center

326-336 14th StToledo, OH 43604
  • Utilities Inc.
close
View Me
Ashland Properties
1 to 3 Bedroom Apartments

Ashland Properties

2303 Ashland AveToledo, OH 43620
  • Utilities Inc.
close
View Me
Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

800 Division Sreet StToledo, OH 43604
Senior Living
close
View Me
Park Lane Residences
Studio to 1 Bedroom Apartments

Park Lane Residences

142 23rd StToledo, OH 43604
  • Utilities Inc.

Downtown Toledo, Toledo, OH Local Guide

Cheapest Available Downtown Toledo Apartments for Rent

 

The cheapest available apartment rental in the Downtown Toledo area of Toledo, OH is a 1 Bed unit found at Prescott Place priced from $495. The Avenue has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here are the most affordable Downtown Toledo apartments for rent in Toledo, OH:

Apartment ListingModel NameBed/BathPriced From
Prescott PlaceOne Bedroom1BR,1BA$495
The AvenueOne Bedroom1BR,1BA$500
1910 Locust StStudioStudio,1BA$500
Ashland Manor 55+1BD CONV1BR,1BA$550
Executive Towers ApartmentsStudioStudio,1BA$600

Best Value Apartments for Rent in Downtown Toledo, OH

As of March 01, 2025 the best value apartment in the Downtown Toledo area is the $1.33 price per square foot X Model at The Berdan in the in the Ironwood neighborhood starting from $1,400. The second greatest value Downtown Toledo apartment is the 203 Model at Historic Hillcrest Apartments starting at $1,000 with a $0.99 price per square foot in the Ironwood neighborhood. Here is today’s list of the best values for Downtown Toledo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BerdanX1BR,1BA$1.33
Historic Hillcrest Apartments2032BR,1BA$0.99
Standart LoftsX111BR,1BA$1.45
The AvenueTwo Bedroom2BR,1BA$1.04
Prescott Place437 W Bancroft 2 Bed1BR,1BA$1.05
Commodore Perry Apartments1 Bedroom 1 Bath A1BR,1BA$1.26
Beacon Place Apartments1 Bed 1 Bath1BR,1BA$1.18
Point Place ApartmentsOne Bedroom One Bath Classic1BR,1BA$1.22
1910 Locust StStudioStudio ,1BA$1.00
Executive Towers ApartmentsStudioStudio ,1BA$1.50

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

Pet Friendly Lifestyle
Downtown Toledo, Toledo, OH

Ranked #8

Among neighborhoods in Toledo, OH for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Ohio, including Toledo. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Downtown Toledo Neighborhood in Toledo, OH

Walk Score®

79 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Downtown Toledo Apartments

What is the Cheapest Studio apartment in Downtown Toledo?

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

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

The lowest price for a Cheap One Bedroom Downtown Toledo Apartment is $495 at Prescott Place.

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

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

What is the most affordable Downtown Toledo Three Bedroom Apartment?

The best deal on a cheap Downtown Toledo Three Bedroom Apartment rental is at Prescott Place and starts from $675.

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 Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.