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Average Rent in Toledo, OH

4 apartment buildings, 37 units. Real asking prices, refreshed daily.

Avg Rent

$1,505/mo

Cheapest

$859/mo

Properties

4

Units

37

Toledo, OH Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 4 properties in Toledo, OH.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Toledo, OH Rent Prices

All 4 properties ranked by lowest available rent.

Explore Each Property

Toledo, OH Average Rent Prices 2026

The average rent in Toledo, OH is $1,505 per month, based on 37 units across 4 apartment communities. Prices range from $859 at Commodore Perry Apartments to $1,075 at Tower on the Maumee and Ferrara Flats.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,125/mo $1,075/mo 2
1 Bed $1,346/mo $859/mo 15
2 Bed $1,750/mo $1,017/mo 17
3 Bed $1,100/mo $1,050/mo 2
4 Bed $1,300/mo $1,300/mo 1

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Toledo, OH, and what they pay

Tracked one-bedroom rent in Toledo, OH averages $1,346/mo, with two-bedroom units averaging $1,750/mo. At the local median household income of $47,532, that works out to 38% of gross income, above the 30 percent affordability ceiling, a stretched-budget market.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Toledo, OH at $880/mo. The current tracked market average runs 71% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Toledo, OH while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Toledo, OH?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$60,000/year

Based on the 30 percent rule, using our tracked average rent of $1,505/mo.

Comfortable income

$72,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($859/mo), you need to earn at least $34,000/year.

Median household income in Toledo, OH is $47,532 , about 34% below the comfortable-living threshold.

Cost of living in Toledo, OH

Overall prices in Toledo, OH runs below the national average by about 9% (BEA Regional Price Parity index 90.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Toledo, OH's regional price parities.

Category Monthly estimate
Rent (market average) $1,505
Utilities $286
Groceries $508
Transportation $681
Healthcare $332
Other goods and services $531
Estimated total $3,843/mo

Population

268,461

Median household income

$47,532

Census median rent

$880/mo

Rent as % of income

28.6%

Median age

35.7

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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Nearby cities in Ohio

How Toledo, OH rent compares to other markets in the state.

City Avg Rent vs Toledo, OH Properties
Cincinnati, OH $2,161 +44% 14
Dayton, OH $1,275 -15% 7
Cleveland, OH $1,797 +19% 7
Springfield, OH $1,259 -16% 6
Hamilton, OH $1,446 -4% 6
Parma, OH $1,332 -11% 5

Frequently asked questions

What is the average rent in Toledo, OH?

The average rent in Toledo, OH is $1,505 per month, based on 37 units across 4 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Toledo, OH?

The lowest available rent in Toledo, OH starts at $859 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Toledo, OH?

1-bedroom apartments in Toledo, OH average $1,346/mo. The lowest listed 1-bedroom starts at $859/mo across 15 units tracked.

How much is a 2-bedroom apartment in Toledo, OH?

2-bedroom apartments in Toledo, OH average $1,750/mo. Units start from $1,017/mo across 17 units currently listed.

Rent Trends in Toledo, OH

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