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Apartments for Rent in Toledo, OH 43607

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What to Know About

Living in 43607

Toledo, a lively city in northwestern Ohio, is a cultural hub with various cultural attractions, including the Toledo Museum of Art, the Toledo Zoo, and the Imagination Station. The city is home to the University of Toledo and Bowling Green State University, known for their excellent academic programs. In addition, the city has a diverse economy centered around healthcare, automotive, and manufacturing, offering ample employment opportunities.

Outdoor enthusiasts can explore the beautiful nature reserves of Toledo, such as Wildwood Preserve Metropark, Oak Openings Preserve Metropark, and Toledo Botanical Garden. The city's historic Old West End neighborhood offers a glimpse into Toledo's past, with well-preserved Victorian homes and stunning architecture. The food scene offers something for everyone, from classic American fare to international cuisine. Toledo hosts several festivals and events throughout the year, including the Toledo Jeep Fest, Toledo Polish Festival, the National Museum of the Great Lakes Whale of a Sale, and the Northwest Ohio Rib Off.

With a relatively low cost of living, excellent schools, and a friendly community, Toledo is a great place to call home for those seeking a mix of small-town charm and big-city amenities.

Rental Market Trends
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As of November 2026, Toledo's rental market is balanced, with rentals spending about 31 days on the market, slower than in Ohio (28), and rents up 8.6% over the past year. Toledo's average rent is 20.6% ($285) lower than the Ohio average of $1,381 and 46.2% ($940) lower than the U.S. average of $2,036.

Average Rent
$1,096
Monthly ChangeMonth Over Month Change
Increased0.70% ($8)
Yearly ChangeYear Over Year Change
Increased8.6% ($87)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $972 Increased0.34% ($3) Increased6.9% ($62)
2 Beds $1,106 Increased1.31% ($14) Increased10.7% ($107)
3 Beds $1,308 Decreased0.16% ($2) Increased5.5% ($68)
Nearby Cities Average Rent Avg. Rent vs. ToledoAverage Rent vs. Toledo Days on Market
Oregon $1,180 Increased7.7% ($84) 31 days
Northwood $1,234 Increased12.6% ($138) 31 days
Lambertville $1,636 Increased49.3% ($540) 24 days
Walbridge $1,224 Increased11.7% ($128) 31 days
Perrysburg $1,794 Increased63.7% ($698) 33 days
Based on rentals advertised on RentalSource in and around Toledo.
Frequently Asked Questions
Toledo Rental Market FAQs

Explore rental prices, market conditions, and affordability in Toledo, OH.

The average rent in Toledo, OH is $1,096 per month.
In Toledo, the average rent is $972 per month for a 1-bedroom apartment, $1,106 for a 2-bedroom apartment and $1,308 for a 3-bedroom apartment.
The average rent in Toledo is 46.2% ($940) lower than the national average of $2,036 per month.
The rental market in Toledo, OH is currently balanced, with rentals spending about 31 days on the market, slower than in Ohio (28), and rents up 8.6% over the past year.
Based on the current averages, a household would need an annual income of $44,200 to comfortably afford a 2-bedroom apartment in Toledo.
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