Last updated July 15, 2026

Average Rent in Toledo, OH & Rent Trends

Rent prices and market trends across 5 apartment communities in Toledo, OH. Updated daily.

Area All Areas Center City Old West End

Toledo 43606

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,244/mo

Lowest Available

$924/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Rent by Neighborhood in Toledo, OH

Compare average rent across Toledo, OH neighborhoods. Click any area to see detailed trends.

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Center City	$1,527	▲ $15	$924	3	37
Old West End	$1,167	$0	$1,050	1	3
Toledo 43606	$1,057	-	$942	1	55

Is Rent Going Up or Down in Toledo, OH?

As of July 2026, the average rent in Toledo, OH is $1,244 per month across 5 apartment communities and 95 available units.

The most affordable option is Commodore Perry Apartments starting at $924/mo. By unit type, a studio averages $1,065/mo, a 1-bedroom averages $1,173/mo, a 2-bedroom averages $1,300/mo, a 3-bedroom averages $1,219/mo, a 4-bedroom averages $1,300/mo.

Prices range from $924 to $3,375 per month. The most common price point is the $1,000 range, where 49 units are currently listed.

Toledo, OH Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,282	-	5

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Toledo, OH

Studio

$1,065

from $975 · 3 units

1 Bed

$1,173

from $924 · 34 units

2 Bed

$1,300

from $1,017 · 53 units

3 Bed

$1,219

from $1,050 · 4 units

4 Bed

$1,300

from $1,300 · 1 units

Rent Prices by Apartment in Toledo, OH

Property	Starting at	Average	Units	Rating
Commodore Perry Apartments	$924/mo	$1,123/mo	10	4.3
The Flats at Douglas	$942/mo	$1,057/mo	55	3.5
Tower on the Maumee and Ferrara Flats	$975/mo	$1,832/mo	20	4.7
LaSalle Apartments	$976/mo	$1,233/mo	7	4.3
Beacon Place Apartments	$1,050/mo	$1,167/mo	3	3.3

Frequently Asked Questions About Rent in Toledo, OH

What is the average rent in Toledo, OH?

The average rent in Toledo, OH is $1,244 per month as of July 2026, based on 95 units across 5 apartment communities.

Is rent going up or down in Toledo, OH?

The current average rent in Toledo, OH is $1,244/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Toledo, OH?

The most affordable apartment in Toledo, OH is Commodore Perry Apartments with units starting at $924/mo.

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

A 1-bedroom apartment in Toledo, OH averages $1,173/mo, with prices starting at $924/mo across 34 available units.

How many apartments are available in Toledo, OH?

There are 95 units available across 5 apartment communities in Toledo, OH.

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

$50,000/year

Based on the 30 percent rule, using our tracked average rent of $1,244/mo.

Comfortable income

$60,000/year

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

To afford the cheapest tracked apartment ($924/mo), you need to earn at least $37,000/year.

Median household income in Toledo, OH is $47,532 , about 20% 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	Source
Rent (market average)	$1,244	daily refresh
Utilities	$286	BLS × BEA RPP
Groceries	$508	BLS × BEA RPP
Transportation	$681	BLS × BEA RPP
Healthcare	$332	BLS × BEA RPP
Other goods and services	$531	BLS × BEA RPP
Estimated total	$3,582/mo	$42,985/year

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.

Ohio Rent Trends

Compare rent across all Ohio cities

Explore Toledo, OH on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Toledo, OH rents stack up against the national median