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Rental market trends in Toledo, OH

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Average Rent in Toledo, OH

Avg. RentAnnual Change
Studio - $612+7%
1 Bed - $738+2%
2 Beds - $894+2%
Last updated 3/22/2023

Average Apartment Cost in Toledo, OH

The average rent for apartments in Toledo, OH, is between $612 and $894 in 2023. For a studio apartment in Toledo, OH, the average rent is $612. When it comes to 1-bedroom apartments, the average rent in Toledo, OH, is $738. For a 2-bedroom apartment, the average rent is $894.

Apartment Rent Ranges in Toledo, OH

$501-$700
$701-$1,000
$1,001-$1,500
$1,501-$2,100
$2,101+
Apartment Prices
Proportion
19%44%21%4%12%

Neighborhood Apartment Rent Trends in Toledo, OH

NeighborhoodStudio Avg RentAnnual Change
Downtown Toledo$1,070+35%
Warehouse Entertainment District$1,070--
Scott Park$975+49%
Arts and Entertainment District$7950%
Glendale-Heatherdowns$629+2%
South Side$621-2%
Westgate$570--
Northriver$525--
Vistula Historic District$525--
Southwyck$5140%

How Other Cities Compare to Toledo, OH

CityStudio Avg RentAnnual Change
Livonia$2,565--
Holland$2,368+5%
Findlay$2,306+7%
Maumee$2,1060%
Canton$1,957-9%
Ann Arbor$1,701+5%
Dearborn$1,075+5%
Ypsilanti$995+24%
Westland$785+6%
Woodhaven$710--

Toledo, OH Rent Trends

Neighborhood Information for Toledo, OH

What are the most affordable neighborhoods in Toledo, OH?

The most affordable neighborhoods in Toledo are Scott Park, where the average 1-bedroom apartment rent goes for $445, North Towne, where renters pay $525 on average for a 1-bedroom apartment, and Ottawa, where the average 1-bedroom apartment rent goes for $580. If you're looking for other great deals, check out the listings in Northriver ($610 for a 1-bedroom apartment) or Vistula Historic District ($610 for a 1-bedroom apartment), compared to the $738 average for a Toledo 1-bedroom apartment.