The average monthly rent of apartments in Toledo, OH is $866.
The average monthly rent of apartments in Toledo, OH is $866.
About 48% of apartment rents in Toledo, OH range between $701-$1,000. Meanwhile, apartments priced over $1,001-$1,500 represent 17% of apartments. Around 28% of Northwest Ohio’s apartments are in the $501-$700 price range. 3% of apartments are priced between < $500.
Compared to the national average rent of $1,706, the average rent in Toledo, OH is $866.
Prices and availability in Toledo, OH were last updated on 6 Oct 2022.
The average rent in Toledo, OH is $866. Start your search for apartments in Toledo, OH now.
The price range for a studio apartment in Toledo, OH is between $585 and $870. View all studio apartments in Toledo, OH.
The price range for a 1-bedroom apartment in Toledo, OH is between $585 and $1,715. Browse all available 1-bedroom apartments in Toledo, OH now.
The price range for a 2-bedroom apartment in Toledo, OH is between $604 and $4,505. Browse and find a 2-bedroom apartment in Toledo, OH.
The price range for a 3-bedroom apartment in Toledo, OH is between $700 and $2,811. Browse all available 3-bedroom apartments in Toledo, OH.
In Toledo 49% of the housing is rented out compared to 51% of homes are owned, according to the most recent Census Bureau estimates. 10% of Toledo’s apartments are found in large buildings of 50 units or more, 49% are located in smaller apartment complexes with less than 50 units, and 39% are single-family rentals.
The average age of rental buildings in Toledo is 45 years old, with 13% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 89% are garden-style apartment communities, 9% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Toledo are around 3% of rentals, while 1-bedroom floor plans represent 44% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 44% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Toledo is one of the biggest cities in Ohio bordering Lake Erie in the northeastern part of the state. Located in Lucas County, the school systems are above average, making is a great place to rent for many young families and professionals who work in downtown Toledo. The vibe of the city is densely suburban, other than the downtown area, where there are many businesses, restaurants and shops for renters to explore. People love to get out in nature around Toledo, including water activities and boating in beautiful Lake Erie, an abundance of state-run parks (Metroparks), and culture that make this a very attractive city to rent in. Toledo is considered the “water recreation capital” of the Midwest, and many renters love to kayak or stand-up paddleboard through the Maumee River.
About half of the people who live in Toledo rent their homes. That means there is a variety of nice rental apartments to choose from. This ranges from traditional townhomes with two to four bedrooms to larger apartment communities and some high-rise apartment buildings in downtown Toledo. This is a walkable area, where renters can easily reach various amenities like entertainment, bars, grocery shopping, and restaurants by foot. Activities and museums are everywhere around Toledo, including catching minor league ball for the Mud Hens’ game at Fifth Third Field, the Toledo Speedway to see a big car race and the Toledo Zoo which is a great family-friendly experience. Plus, the Toledo Museum of Art is a fun excursion that’s located in the Old West End neighborhood on Monroe Street, so renters will never run out of things to do in Toledo.
Toledo, OH has a population of 275,116 according to the most recent data from the U.S. Census Bureau. 141,610 of Northwest Ohio’s residents are women and 133,506 are men. The median age of those who live in Toledo, OH is 35.4.
Since Toledo is a great place to live in Ohio, renters have plenty of shopping options to choose from. One of the best is the Franklin Park Mall, which has over 150 stores, including anchor stores like Macy’s, Dillard’s, JCPenney and Dick’s Sporting Goods, as well as a food court and movie theater. In the warehouse district of Toledo, Hensville Park is popular with renters who enjoy fine dining and shopping in an urban setting. For daily grocery store trips around Toledo, renters don’t have to go far. There is the Fresh Market, Foodtown, and a Whole Foods Market, just to name a few. Renters can also visit the Fresh Thyme Market, which is an organic local marketplace with the goal of improving the way communities eat.
According to U.S. Census data, there are 119,215 households in Toledo, OH. 63,916 are family households and 55,299 are non-family households. There are 34,058 households with children in Northwest Ohio and 85,157 households without children. On average, about 2.25 people live in a household in Toledo, OH.
There are three major highways — Interstate 75, 80, and 90 — that go through the city of Toledo, making it easy for renters to commute for work. It’s close to travel to nearby Detroit in Michigan and east onto Cleveland. For renters who use public transportation, the Toledo Area Regional Transit Authority takes care of that with a bus system called “TARTA.” There is an Amtrak and a Greyhound Bus Station in town, as well. For those who want to travel by air, the Toledo Express Airport is the best choice. Renters can also go through the Detroit Metropolitan Wayne County Airport that’s only 45 miles away.
The level of education of the population of Toledo, OH is as follows: 3% have no high school education, 42% completed some high school, 30% partially completed college, 9% have an Associate Degree, 12% have a Bachelor Degree, and 5% have a Graduate Degree.
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