Toledo, OH Rental Market Trends
The average rent for an apartment in Toledo is $730, a 3% increase compared to the previous year.
Average Rent in Toledo, OH
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$730||3%||811 sq. ft.|
The average size for a Toledo, OH apartment is 811 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Toledo, OH Apartment Rent Ranges
- < $50012%
- > $2,0001%
Toledo, OH Occupied Housing Units
- Renter-occupied Households44%
- Owner-occupied Households55%
52,950 or 44% of the households in Toledo, OH are renter-occupied while 65,265 or 55% are owner-occupied.
Average Rent in Toledo, OH By Neighborhood
|North Towne Toledo||$580|
|Whitmer - Trilby||$585|
|Old West End Toledo||$640|
|Glendale - Heatherdowns||$678|
|South Side Toledo||$771|
|The University of Toledo||$880|
|Toledo Warehouse District||$931|
The most affordable neighborhoods in Toledo are La Onda, where the average rent goes for $562/month, Point Place, where renters pay $565/mo on average, and Shoreland, where the average rent goes for $565/mo. If you’re looking for other great deals, check out the listings from Fort Industry ($576), Five Points ($580), and Library Village ($580), where the asking prices are below the average Toledo rent of $730/mo.
The most expensive neighborhoods in Toledo are Scott Park ($981), Secor Gardens ($981) and Westmoreland ($981).
The most popular neighborhood in Toledo is Reynolds Corners, where there are 11 verified RENTCafé listings with an average rent of $795. Next up is Downtown Toledo, where apartments go for $931/month, followed by Southwyck with $678 If you’re looking to rent in Toledo’s most popular neighborhoods, make sure to also check out Whitmer - Trilby, where renters pay $585 on average, and Franklin Park, where the average monthly rent is $735.
Toledo | Rent Comparison by Neighborhood
Rent in Bancroft Hills is 45% higher than in Beverly
Bancroft Hills rent is 34% higher than Toledo average
Beverly rent is 7% lower than Toledo average
How Toledo Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Toledo rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!
Cheapest Listings on RENTCafé
- Meldon Place
- Sunnydale Estates
- Miracle Manor
- Georgetown Village
- Executive Towers Apartments
- Hunters Ridge Toledo
- The Woodlands & Hawthorne Hills
- Abbey Run
- North Towne Villas
- Commodore Perry Apartments
- Williamsburg Toledo
- LaSalle Apartments
- Country Club Apartments
- Steeplechase Apartments & Townhomes
- Wildwood Commons Apartments
- Oakwood Apartments & Townhomes
- Orchard Lakes Apartments
- Tower on the Maumee