Cheap Apartments for Rent in the Downtown Toledo Neighborhood of Toledo, OH from $300 (36 Rentals)

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

property at 1254 South

1254 South

ToledoOH43609
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Totco
1 to 4 Bedroom Apartments

Totco

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

Swan Creek

111 S Summit StToledo, OH 43604
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Parqwood Apartments
Studio to 2 Bedroom Apartments

Parqwood Apartments

2125 Parkwood AveToledo, OH 43620
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Prescott Place
1 Bedroom Apartments

Prescott Place

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

Prescott Place

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

Uptown Art Center

326-336 14th StToledo, OH 43604
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Ashland Properties
1 to 3 Bedroom Apartments

Ashland Properties

2303 Ashland AveToledo, OH 43620
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Collingwood Green
1 to 3 Bedroom Apartments

Collingwood Green

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

Park Lane Residences

142 23rd StToledo, OH 43604
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Museum Place Apartments
1 to 4 Bedroom Apartments

Museum Place Apartments

1825 Collingwood BlvdToledo, OH 43604
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Showing Results 1-36, Page 1 of 1

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 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 ListingModel NameBed/BathPriced From
The AvenueOne Bedroom1BR,1BA$500
1910 Locust StStudioStudio,1BA$500
Prescott PlaceTwo Bedroom2BR,1BA$550
Ashland Manor 55+1BD CONV1BR,1BA$550
Executive Towers ApartmentsStudioStudio,1BA$600
Machen St Apartments1 Bed, 1 bath1BR,1BA$625
Point Place ApartmentsOne Bedroom One Bath - Premium1BR,1BA$675
Beacon Place Apartments1 Bed 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
LaSalle ApartmentsThe Birmingham2BR,1BA$0.93
811 Collins St, Unit #Upper811 Collins St3BR,1BA$0.77
Historic Hillcrest Apartments311-7112BR,1BA$0.90
462 3rd St462 3rd St2BR,1BA$0.53
1002 Prouty Ave, Unit C1002 Prouty Ave1BR,1BA$0.71
The AvenueTwo Bedroom2BR,1BA$1.04
Prescott Place437 W Bancroft 1 Bed1BR,1BA$0.90
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

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
Downtown Toledo, Toledo, OH

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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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.

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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.