
Cheap Apartments for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Toledo area of Toledo.


1112 Bronson Ave

Prescott Place

Executive Towers Apartments

1308 Goodale Ave

77 Walbridge Ave

946 Butler St

922 Islington St

Point Place Apartments

425 3rd St

Beacon Place Apartments

825 Colburn St

1254 South

Edge 21 Apartments

226 Langdon St

343 Boston Pl

540 E Central Ave
Downtown Toledo, Toledo, OH Local Guide

How much does it cost to rent an apartment in Downtown Toledo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Toledo Studio Apartments | $827 | $500 | $1,180 |
Downtown Toledo 1 Bedroom Apartments | $1,262 | $500 | $2,292 |
Downtown Toledo 2 Bedroom Apartments | $1,346 | $600 | $3,296 |
Downtown Toledo 3 Bedroom Apartments | $1,158 | $675 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Toledo Neighborhood of Toledo, OH.
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Downtown Toledo, Toledo, OH Local Guide
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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 The Avenue priced from $500. 1910 Locust St has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here are the most affordable Downtown Toledo apartments for rent in Toledo, OH:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Avenue | One Bedroom | 1BR,1BA | $500 |
1910 Locust St | Studio | Studio,1BA | $500 |
Prescott Place | Two Bedroom | 2BR,1BA | $550 |
Ashland Manor 55+ | 1BD CONV | 1BR,1BA | $550 |
Executive Towers Apartments | Studio | Studio,1BA | $600 |
Machen St Apartments | 1 Bed, 1 bath | 1BR,1BA | $625 |
Point Place Apartments | One Bedroom One Bath - Premium | 1BR,1BA | $675 |
Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $729 |
Best Value Apartments for Rent in Downtown Toledo, OH
As of March 22, 2025 the best value apartment in the Downtown Toledo area is the $0.93 price per square foot The Birmingham Model at LaSalle Apartments in the in the Ironwood neighborhood starting from $1,392. The second greatest value Downtown Toledo apartment is the 811 Collins St Model at 811 Collins St, Unit #Upper starting at $975 with a $0.77 price per square foot in the North Toledo neighborhood. Here is today’s list of the best values for Downtown Toledo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
LaSalle Apartments | The Birmingham | 2BR,1BA | $0.93 |
811 Collins St, Unit #Upper | 811 Collins St | 3BR,1BA | $0.77 |
Historic Hillcrest Apartments | 311-711 | 2BR,1BA | $0.90 |
462 3rd St | 462 3rd St | 2BR,1BA | $0.53 |
1002 Prouty Ave, Unit C | 1002 Prouty Ave | 1BR,1BA | $0.71 |
The Avenue | Two Bedroom | 2BR,1BA | $1.04 |
Prescott Place | 437 W Bancroft 1 Bed | 1BR,1BA | $0.90 |
Beacon Place Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
Point Place Apartments | One Bedroom One Bath Classic | 1BR,1BA | $1.22 |
1910 Locust St | Studio | Studio ,1BA | $1.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Toledo, Toledo, OH
Ranked #9
Among neighborhoods in Toledo, OH for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Toledo, Toledo, OH
School data provided by Great Schools
Best Local Schools in Downtown Toledo, Toledo, OH
School data provided by Great Schools
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
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 Downtown Toledo Apartments
What is a cheap apartment in Downtown Toledo?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Toledo is under $729.
What is the price of a cheap apartment in Downtown Toledo?
The cheapest apartment in Downtown Toledo is The Avenue which is listed at $500, while the average apartment in Downtown Toledo costs $1,413.
What types of apartments are the cheapest in Downtown Toledo?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 294 regular apartments in Downtown Toledo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Toledo?
Cheap apartments in Downtown Toledo have an average cost of $256 which is $1,157 cheaper than the average rent for all rentals in Downtown Toledo.
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.

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.

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.

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.

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.