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Average Rent in Toledo, OH

What is the average rent in Toledo, OH?

The average listed apartment rent in Toledo, OH is $1,212 per month, as of November 7, 2026. This sample includes 87 priced apartments in 9 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 6, 2026 through November 7, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

9 apartment buildings, 87 units. Recorded asking prices and price history where available.

Browse apartments in Toledo, OH

Avg Rent

$1,212/mo

median $1,149

-6.4% vs last month

Cheapest

$529/mo

University Hills

Properties

9

tracked daily

Units

87

available now

Toledo, OH Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 9 properties in Toledo, OH.

Timeframe

Average rent trend, last 3 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,204
Average rent today
Average rent trend in Toledo, OH $850$1,017$1,183$1,350 AugSepOctNov

Full Toledo, OH price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Toledo, OH Rent Prices

All 9 properties ranked by lowest available rent.

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

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Browse all Toledo, OH apartments

By Area

Toledo, OH neighborhoods

Tracked buildings across 5 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the Toledo, OH rent map

Toledo, OH Average Rent Prices 2026

The average listed rent in Toledo, OH is $1,212 per month, based on 87 units across 9 apartment communities. Prices range from $529 at University Hills to $2,450 at Tower on the Maumee and Ferrara Flats.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,151/mo $529/mo 34
2 Bed $1,386/mo $609/mo 37
3 Bed $1,232/mo $1,050/mo 4
4 Bed $950/mo $599/mo 2

We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.

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Market Context

Who rents in Toledo, OH, and what they pay

Tracked one-bedroom rent in Toledo, OH averages $1,151/mo , with two-bedroom units averaging $1,386/mo. At the local median household income of $47,532, that works out to 31% 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 38% 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

$48,000/year

Based on the 30 percent rule, using our tracked average rent of $1,212/mo.

Comfortable income

$58,000/year

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

To afford the cheapest tracked apartment ($529/mo), you need to earn at least $21,000/year.

Median household income in Toledo, OH is $47,532 , about 18% 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) $1,212
Utilities $286
Groceries $508
Transportation $681
Healthcare $332
Other goods and services $531
Estimated total $3,550/mo

Population

268,461

Median household income

$47,532

Census median rent

$880/mo

Census rent burden

28.6%

Median age

35.7

Mean commute

20 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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 30-Day Change Properties
Columbus, OH $1,788 +48% -1.4% 65
Cleveland, OH $1,922 +59% +30.8% 29
Cincinnati, OH $2,096 +73% +0.4% 19
Dayton, OH $1,453 +20% +8.4% 12
Canton, OH $1,259 +4% -36.5% 9
Kettering, OH $1,048 -14% +5.3% 9

Frequently asked questions

What is the average rent in Toledo, OH?

The average listed apartment rent in Toledo, OH is $1,212 per month, as of November 7, 2026. This sample includes 87 priced apartments in 9 buildings. These are tracked asking prices, not signed leases.

What is the median rent in Toledo, OH?

The median asking rent in Toledo, OH is $1,149 per month, computed from 87 priced listings; check the observation dates shown on this page. The average is $1,212/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Toledo, OH?

The lowest available rent in Toledo, OH starts at $529 per month. Confirm current availability, fees, and lease terms with the selected listing.

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

1-bedroom apartments in Toledo, OH average $1,151/mo. The lowest listed 1-bedroom starts at $529/mo across 34 units tracked.

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

2-bedroom apartments in Toledo, OH average $1,386/mo. Units start from $609/mo across 37 units currently listed.

Rent Trends in Toledo, OH

Track how apartment prices are changing over time.

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