What is the average apartment size in Downtown Toledo, Toledo, OH?

The average size for a Downtown Toledo, Toledo, OH apartment is 903 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.

What is the average rent in Downtown Toledo?

As of Oct / 2025, the average rent in Downtown Toledo is $1,164 per month, a 0.86% increase from last year’s average of $1,155.

How much does rent cost by apartment size in Downtown Toledo?

In Downtown Toledo, studios rent for $731 per month, one-bedroom units average $1,082 per month, two-bedrooms cost around $1,315 per month, and three-bedroom apartments rent for about $1,634 per month

What is the average apartment size in Downtown Toledo?

The typical apartment in Downtown Toledo offers about 903 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Toledo?

Studio apartments in Downtown Toledo average 384 sq. ft., one-bedrooms offer 794 sq. ft., two-bedrooms are about 1,096 sq. ft., and three-bedroom apartments average 1,365 sq. ft.

Downtown Toledo, Toledo, OH Rental Market Trends

Q: What's the typical rent budget in Downtown Toledo?

The typical rent budget in Downtown Toledo ranges from to per month, with 43% of rentals in this range.

Q: Do most people rent or own in Downtown Toledo?

In Downtown Toledo, 81% of households rent while 19% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Toledo is $1,164, a 0.86% increase compared to the previous year, when the average rent was $1,155.

Studio Apartments at $731 offer the most budget-friendly option with 384 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 794 square feet for $1,082, balancing privacy and affordability.

Two-beedroom units at $1,315 offer 1,096 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,365 sq ft) for $1,634, suitable for larger households.

Average rent in Downtown Toledo, Toledo, OH

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,164	903 sq. ft.
Studio	$731	384 sq. ft.
1 Bed	$1,082	794 sq. ft.
2 Beds	$1,315	1,096 sq. ft.
3 Beds	$1,634	1,365 sq. ft.

Downtown Toledo, Toledo, OH rent trends

Rental prices in Downtown Toledo, Toledo, OH have increased by 0.86% over the past year. The average rent moved from $1,155 to $1,164.

What's the typical rent budget in Downtown Toledo, Toledo, OH?

The largest share of rentals in Downtown Toledo, Toledo, OH (43%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Toledo, Toledo, OH?

4,070 or 81% of the households in Downtown Toledo, Toledo, OH are renter-occupied while 925 or 19% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Downtown Toledo?

Whitmer - Trilby $779/month

South Side Toledo $802/month

Franklin Park $880/month

All of these neighborhoods fall below the city wide average of $971/month.

Most expensive neighborhoods in Downtown Toledo?

Reynolds Corners $921/month

Hampton Park $940/month

Downtown Toledo $1,164/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Toledo, OH By Neighborhood

Neighborhood	Average Rent
Downtown Toledo	$1,164
Hampton Park	$940
Reynolds Corners	$921
Glendale - Heatherdowns	$914
Southwyck	$900
Franklin Park	$880
South Side Toledo	$802
Whitmer - Trilby	$779

Toledo | Rent Comparison by Neighborhood

Rent in Downtown Toledo is 32% higher than in Franklin Park

$1,164

Downtown Toledo rent is the same as Toledo average

Average Rent $1,164

$880

Franklin Park rent is 24% lower than Toledo average

Average Rent $880

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Toledo apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.