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 Mar / 2026, the average rent in Downtown Toledo is $1,181 per month, a 2.32% increase from last years average of $1,154.

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.

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 $1,001 to $1,500 per month, with 46% 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: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Toledo is $1,181, a 2.32% increase compared to the previous year, when the average rent was $1,154.

One-bedroom apartments provide 794 square feet for $1,105, balancing privacy and affordability.

Two-beedroom units at $1,338 offer 1,096 square feet, perfect for roommates or small families.

Average rent in Downtown Toledo, Toledo, OH

Last updated: April 22, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,181	903 sq. ft.
Studio	n/a	n/a
1 Bed	$1,105	794 sq. ft.
2 Beds	$1,338	1,096 sq. ft.
3 Beds	n/a	n/a

Downtown Toledo, Toledo, OH rent trends

Rental prices in Downtown Toledo, Toledo, OH have increased by 2.32% over the past year. The average rent moved from $1,154 to $1,181.

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

The largest share of rentals in Downtown Toledo, Toledo, OH (46%) fall between $1,001-$1,500 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?

1,085 or 81% of the households in Downtown Toledo, Toledo, OH are renter-occupied while 247 or 19% are owner-occupied.

Most affordable neighborhoods in Downtown Toledo?

South Side Toledo $792/month

Whitmer - Trilby $809/month

Point Place $841/month

All of these neighborhoods fall below the city wide average of $983/month.

Most expensive neighborhoods in Downtown Toledo?

Reynolds Corners $940/month

Hampton Park $968/month

Downtown Toledo $1,181/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	$1,181
Hampton Park	$968
Reynolds Corners	$940
Southwyck	$891
Franklin Park	$866
Point Place	$841
Whitmer - Trilby	$809
South Side Toledo	$792

Toledo | Rent Comparison by Neighborhood

Rent in Downtown Toledo is 36% higher than in Franklin Park

$1,181

Downtown Toledo rent is the same as Toledo average

Average Rent $1,181

$866

Franklin Park rent is 27% lower than Toledo average

Average Rent $866

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.