Cheap Homes for Rent in Downtown Toledo Neighborhood of Toledo, OH from $500 (6 Rentals)

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

property at 454 Machen St

454 Machen St

ToledoOH43620
property at 2340 Elm St

2340 Elm St

ToledoOH43608
property at 1130 N Huron St

1130 N Huron St

ToledoOH43604
property at 1125 Newbury St

1125 Newbury St

ToledoOH43609

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

Best Value Apartments for Rent in Downtown Toledo, OH

As of April 16, 2025 the best value apartment in the Downtown Toledo area is the $0.77 price per square foot 811 Collins St Model at 811 Collins St, Unit #Upper in the in the North Toledo neighborhood starting from $975. The second greatest value Downtown Toledo apartment is the 1BR/1.0BA Model at The Summit starting at $1,100 with a $0.93 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.
811 Collins St, Unit #Upper811 Collins St3BR,1BA$0.77
The Summit1BR/1.0BA1BR,1BA$0.93
Commodore Perry ApartmentsThe St Clair2BR,1BA$1.15
LaSalle ApartmentsThe Ottawa1BR,1BA$1.21
Historic Hillcrest Apartments704-8041BR,1BA$1.13
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

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Frequently Asked Questions about Downtown Toledo

What type of rentals are currently available in Downtown Toledo?

There are currently 215 Apartments for Rent in Downtown Toledo, OH with pricing that ranges from $495 to $3,480. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Toledo ranging from $500 to $1,500.

What is the current price range for Rental Homes in Downtown Toledo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Toledo ranges from $500 to $1,500 with an average monthly rent of $1,008.

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 Know Your Rights - How Discrimination Laws Impact Landlords & Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.