Last updated
Average Rent in Toledo, OH & Rent Trends
Rent prices and market trends across 6 apartment communities in Toledo, OH. Updated daily.
Market Average
$1,188/mo
▼ 4.4% from last month
Lowest Available
$599/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
45
available now
Price Cuts This Week in Toledo, OH
42 listed units across 3 buildings offering 2 bed units in Toledo, OH dropped their asking rent in the past 7 days, an average cut of $35/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Commodore Perry Apartments | Unit 8, The Superior | $949 | $879 | $70 |
| Edge 1120 Apartments | Unit 1-1116, 2BR/2BA | $789 | $725 | $64 |
| Edge 1120 Apartments | Unit 1-1313, 2BR/2BA | $789 | $725 | $64 |
| Edge 1120 Apartments | Unit 1-1414, 2BR/2BA | $789 | $725 | $64 |
| Edge 1120 Apartments | Unit 2-2225, 2BR/2BA | $789 | $725 | $64 |
| Edge 1120 Apartments | Unit 6-6111 | $629 | $574 | $55 |
| Edge 1120 Apartments | Unit 6-6112 | $629 | $574 | $55 |
| Commodore Perry Apartments | Unit 10, The Superior | $999 | $949 | $50 |
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 | $1,495 | ▼ $172 | $799 | 3 | 37 |
| Old West End | $1,167 | $0 | $1,050 | 1 | 3 |
| Ottawa | $875 | ▼ $17 | $530 | 3 | 66 |
| Nasby | $699 | ▲ $13 | $699 | 1 | 1 |
Is Rent Going Up or Down in Toledo, OH?
As of September 2026, the average rent in Toledo, OH is $1,188 per month across 6 apartment communities and 45 available units. Rents have decreased $54 (4.4%) over the past month.
The most affordable option is University Hills starting at $599/mo. By unit type, a 2-bedroom averages $1,188/mo.
Prices range from $599 to $3,375 per month. The most common price point is the $800 range, where 22 units are currently listed.
Toledo, OH Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,214 | - | 5 |
| August 2026 | $1,152 | -$62 | 6 |
| September 2026 | $1,135 | -$17 | 6 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Toledo, OH
Rent Prices by Apartment in Toledo, OH
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| University Hills | $599/mo | $674/mo | 4 | 4.3 |
| Edge 1120 Apartments | $725/mo | $725/mo | 4 | 4.1 |
| The Flats at Douglas | $915/mo | $959/mo | 24 | 3.5 |
| Commodore Perry Apartments | $1,099/mo | $1,197/mo | 6 | 4.3 |
| LaSalle Apartments | $1,373/mo | $1,373/mo | 1 | 4.3 |
| Tower on the Maumee and Ferrara Flats | $2,350/mo | $2,717/mo | 6 | 4.7 |
Frequently Asked Questions About Rent in Toledo, OH
What is the average rent in Toledo, OH?
Is rent going up or down in Toledo, OH?
What is the cheapest apartment in Toledo, OH?
How many apartments are available 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
$48,000/year
Based on the 30 percent rule, using our tracked average rent of $1,188/mo.
Comfortable income
$57,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($599/mo), you need to earn at least $24,000/year.
Median household income in Toledo, OH is $47,532 , about 17% 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) | $1,188 |
| Utilities | $286 |
| Groceries | $508 |
| Transportation | $681 |
| Healthcare | $332 |
| Other goods and services | $531 |
| Estimated total | $3,526/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
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.
Google Search Trends for Toledo, OH Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Toledo, OH Apartments
Browse all 6 communities with daily-updated pricing and availability.