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Downtown Toledo apartments for rent - Toledo, OH

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Average Rent in Toledo, OH

Avg. RentAnnual Change
Toledo Studio - $651+6%
Toledo 1 Bed - $784-1%
Toledo 2 Beds - $961+1%
Last updated 6/23/2024

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Local Guide

See what Toledo, OH has to offer.

Demographics

Education

High School

49%

Associate's

32%

Bachelor's

13%

Master's

5%

Doctorate

1%

Family Size

2 people

54%

3 people

33%

4 people

8%

5 people

3%

6+ people

2%

Household Income

0-50k

80%

50-100k

13%

100-150k

4%

150-200k

2%

200k+

1%

Age

0-10

8%

10-20

9%

20-45

44%

45-65

30%

65+

8%

Affordability

Last updated 6/23/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Downtown Toledo, Toledo, OH

In Toledo, OH, as of 2024, the average rent for apartments ranges from $651 to $961. Specifically, the average rent for a studio apartment in Downtown Toledo, Toledo, OH is $651. For those seeking a 1-bedroom apartments, the average rent is $784. And for a 2-bedroom apartment, renters can expect to pay an average of $961.

Annual Rent Change Over the Past 12 Months

Studio

+6%

Changed from $614 to $651
1 Bed

-1%

Changed from $792 to $784
2 Beds

+1%

Changed from $951 to $961
Last updated 6/23/2024

Cost of Living

Compared to State Average

2.3%

Compared to National Average

3.3%

The cost of living in Downtown Toledo, Toledo, OH is 2.3% higher than the state average and 3.3% lower than the national average. Downtown Toledo, Toledo, OH housing is 14.5% less expensive than the U.S average, while utilities are about 1.6% more pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.8% more in Downtown Toledo, Toledo, OH than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 1.3% less here compared to the U.S. average.
Cost of Living in Downtown Toledo, Toledo, OHCompared to State AverageCompared to National Average
Housing
0.7%
14.5%
Utilities
2.8%
1.6%
Food
1.6%
0.8%
Transportation
2.6%
3%
Healthcare
7.1%
1.3%

Compare Other Cities

CityStudio Avg RentAnnual Change
Maumee$2,249+1%
Romulus$2,099+8%
Findlay$2,074-16%
Canton$1,869-15%
Ann Arbor$1,744+3%
Dearborn$1,250-46%
Westland$1,250+59%
Tiffin$675+13%
Toledo$651+6%
Monroe$5750%
Bowling Green$515+3%
City1 Bed Avg RentAnnual Change
Dearborn$1,364-2%
Belleville$1,2500%
Canton$1,206-11%
Plymouth$1,120+2%
Romulus$1,100+23%
Ypsilanti$1,030+7%
Allen Park$1,0000%
Dearborn Heights$960--
Westland$958-5%
Findlay$950+6%
Taylor$925+19%
Flat Rock$880+24%
Southgate$862-3%
Perrysburg$8590%
Monroe$795+14%
Toledo$784-1%
Tiffin$775+7%
Adrian$765+7%
Sandusky$7250%
Sylvania$710+18%
Maumee$687-18%
Bowling Green$635+2%
City2 Beds Avg RentAnnual Change
Perrysburg$1,847+6%
Canton$1,562-6%
Belleville$1,558+2%
Sylvania$1,445+4%
Dearborn$1,4340%
Maumee$1,288+32%
Plymouth$1,232+1%
Westland$1,220-2%
Findlay$1,200+20%
Ypsilanti$1,1240%
Dearborn Heights$1,120--
Allen Park$1,1000%
Flat Rock$1,062+23%
Fremont$1,050--
Romulus$1,020+12%
Southgate$1,012+3%
Toledo$961+1%
Monroe$950+12%
Sandusky$9400%
Taylor$930+3%
Adrian$902+10%
Defiance$900+3%
Bowling Green$873+3%

Compare Neighborhoods

Scott Park

$495

1 Bed Avg. Rent

North Towne

$525

1 Bed Avg. Rent

Point Place

$625

1 Bed Avg. Rent

What are the most affordable neighborhoods in Toledo, OH?

For renters in Toledo seeking more affordable options, the neighborhoods to watch are Scott Park, North Towne, and Point Place, where average rents for 1-bedroom apartments stand at $495, $525, and $625 respectively. Additional areas offering value are DeVeaux and Northriver, where the rents are $630 and $660, a favorable comparison to Toledo's overall 1-bedroom average of $784.

What are the most expensive neighborhoods in Toledo, OH?

In Toledo, the neighborhoods commanding the highest rents are East Toledo, Old Orchard, and Warehouse Entertainment District. A 1-bedroom apartment in East Toledo averages at $1,564, in Old Orchard it averages $1,269, and in Warehouse Entertainment District, the average is $1,112. For additional high-end living options, Arts and Entertainment District offers 1-bedroom apartments at $1,045, and Westgate at $842. These rates compare to the overall average rent of $784 for a 1-bedroom apartment in Toledo, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Toledo, OH?

In Toledo, the most sought-after neighborhoods for renters include Scott Park, Old Orchard, and Westgate. In Scott Park, the average rent for a 1-bedroom apartment is $495. Old Orchard sees average rents of $1,269 for a 1-bedroom unit. Westgate offers similar appeal with 1-bedroom apartments averaging $842. For those seeking other popular areas, Ottawa presents 1-bedroom apartments at $749, and South Side at $725. These prices are set against the backdrop of the city-wide average of $784 for a 1-bedroom apartment in Toledo, underscoring the popularity of these particular neighborhoods.

Neighborhood1 Bed Avg RentAnnual Change
East Toledo$1,564+29%
Old Orchard$1,269+20%
Warehouse Entertainment District$1,112--
Arts and Entertainment District$1,0450%
Westgate$842-4%
Southwyck$767+6%
Ottawa$7490%
Franklin Park$744-4%
Whitmer-Trilby$737+2%
South Side$725-6%
Reynolds Corners$699-5%
Glendale-Heatherdowns$699-4%
Northriver$660--
Vistula Historic District$660--
DeVeaux$630+7%
Point Place$6250%
North Towne$5250%
Scott Park$495+11%
Neighborhood2 Beds Avg RentAnnual Change
Old Orchard$1,315+14%
Westgate$1,072+11%
Southwyck$939+5%
Reynolds Corners$9180%
Glendale-Heatherdowns$894+2%
Franklin Park$872-1%
Whitmer-Trilby$845+3%
Ottawa$8240%
South Side$804+2%
Point Place$7750%
DeVeaux$6950%
Scott Park$677+12%
North Towne$6750%

Transportation

Commute Time

0-15 Mins

39%

15-30 Mins

42%

30-40 Mins

10%

40-60 Mins

4%

60+ Mins

4%

Transportation Scores

Percentage: 7474

Walk Score®

Percentage: 5555

Bike Score®

Area Amenities

Top Score

Coffee

3.5/5 stars based on undefined reviews

Oh la latte, not a bad spot for getting a cup of joe.

  1. A high number of coffee shops per resident
  2. 94% more coffee shops than average
  3. 56% more coffee shops than areas of a similar size

Restaurants

3/5 stars based on undefined reviews

The restaurant scene here is really cooking with gas.

  1. A high number of restaurants per resident
  2. 88% more restaurants than average
  3. 20% more restaurants than areas of a similar size

Nightlife

3/5 stars based on undefined reviews

Happy hour starts at six around here.

  1. A high number of bars and clubs per resident
  2. 95% more bars and clubs than average
  3. 57% more bars and clubs than areas of a similar size

Theaters

3/5 stars based on undefined reviews

It's a pretty good scene for movie buffs and theater lovers.

  1. A high number of theaters per resident
  2. 95% more theaters than average
  3. 68% more theaters than areas of a similar size

Amusement Parks

3/5 stars based on undefined reviews

Just the ticket: amusement parks are an uplifting presence in Downtown Toledo Toledo.

  1. A high number of amusement parks per resident
  2. 95% more amusement parks than average
  3. 70% more amusement parks than areas of a similar size

Parks

2.5/5 stars based on undefined reviews

There's fresh air to be had here.

  1. Few parks per resident
  2. 80% more parks than average
  3. Far fewer parks than areas of a similar size

Childcare

2.5/5 stars based on undefined reviews

Downtown Toledo Toledo is taking baby steps toward having ample childcare options.

  1. A high number of daycares per resident
  2. 93% more daycares than average
  3. 43% more daycares than areas of a similar size

Retail Shops

2.5/5 stars based on undefined reviews

The shopping scene here is a size medium.

  1. A high number of shops per resident
  2. 70% more shops than average
  3. 47% fewer shops than areas of a similar size

Fine Arts

2.5/5 stars based on undefined reviews

It's just about fine for fine art. An average score.

  1. Few fine art centers per resident
  2. 83% more fine art centers than average
  3. 20% fewer fine art centers than areas of a similar size

Medical Care

2.5/5 stars based on undefined reviews

Healthcare in Downtown Toledo Toledo doesn't tip the scales.

  1. A high number of medical facilities per resident
  2. 86% more medical facilities than average
  3. 6% more medical facilities than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Downtown Toledo Toledo.

  1. A high number of gas stations per resident
  2. 70% more gas stations than average
  3. Far fewer gas stations than areas of a similar size

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. Few grocery stores per resident
  2. An average number of grocery stores
  3. A standard number of grocery stores compared to areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Downtown Toledo Toledo could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. Far fewer pet facilities than areas of a similar size

Hospitals

2/5 stars based on undefined reviews

Be patient when looking for a hospital around here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Schools

Top Schools in Downtown Toledo Toledo

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Toledo, OH 1.1 miles$784$961
Perrysburg, OH 7.9 miles$859$1,847
Oregon, OH 2.9 miles$674$774
Bowling Green, OH 20 miles$635$873
Maumee, OH 8.5 miles$687$1,288
Sylvania, OH 10 miles$710$1,445
Rossford, OH 3.1 miles$1,440$1,529
Walbridge, OH 5.1 miles$689$1,019
Monroe, MI 19.7 miles$795$950
Holland, OH 9 miles$710$825

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Old West End 1.8 miles------
Warehouse Entertainment District 0.4 miles$1,112---
East Toledo 1.7 miles$1,564$2,106
Onyx 1.4 miles------

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