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

The average size for a Downtown Toledo, Toledo, OH apartment is 908 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 Aug / 2026, the average rent in Downtown Toledo is $1,190 per month, a 3.05% increase from last years average of $1,155.

What is the average apartment size in Downtown Toledo?

The typical apartment in Downtown Toledo offers about 908 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 45% of rentals in this range.

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

In Downtown Toledo, 80% of households rent while 20% own their homes, based on the latest U.S. Census data.

Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Toledo is $1,190, a 3.05% increase compared to the previous year, when the average rent was $1,155.

One-bedroom apartments provide 798 square feet for $1,115, balancing privacy and affordability.

Two-bedroom units at $1,342 offer 1,113 square feet, perfect for roommates or small families.

Average rent in Downtown Toledo, Toledo, OH

Last updated: September 30, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,190	908 sq. ft.
Studio	n/a	n/a
1 Bed	$1,115	798 sq. ft.
2 Beds	$1,342	1,113 sq. ft.
3 Beds	n/a	n/a

Downtown Toledo, Toledo, OH rent trends

Rental prices in Downtown Toledo, Toledo, OH have increased by 3.05% over the past year. The average rent moved from $1,155 to $1,190.

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

The largest share of rentals in Downtown Toledo, Toledo, OH (45%) 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?

1,118 or 80% of the households in Downtown Toledo, Toledo, OH are renter-occupied while 271 or 20% are owner-occupied.

Most affordable neighborhoods in Downtown Toledo?

South Side Toledo $779/month

Whitmer - Trilby $820/month

Franklin Park $863/month

All of these neighborhoods fall below the city wide average of $996/month.

Most expensive neighborhoods in Downtown Toledo?

Hampton Park $1,012/month

Downtown Toledo $1,190/month

Toledo Warehouse District $1,202/month

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

Average Rent in Toledo, OH By Neighborhood

Neighborhood	Average Rent
Toledo Warehouse District	$1,202
Downtown Toledo	$1,190
Hampton Park	$1,012
Reynolds Corners	$978
Southwyck	$902
Secor Gardens	$880
Glendale - Heatherdowns	$876
Franklin Park	$863
Whitmer - Trilby	$820
South Side Toledo	$779

Toledo | Rent Comparison by Neighborhood

Rent in Downtown Toledo is 38% higher than in Franklin Park

$1,190

Downtown Toledo rent is the same as Toledo average

Average Rent $1,190

$863

Franklin Park rent is 27% lower than Toledo average

Average Rent $863

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.