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.
As of January 2026, Toledo's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Toledo's average rent is 2.8% ($37) higher than the Ohio average of $1,307 and 23.6% ($415) lower than the U.S. average of $1,759.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,097 | 40.3% ($315) | 12.8% ($161) |
| 2 Beds | $1,381 | 43.6% ($419) | 11.2% ($174) |
| 3 Beds | $1,556 | 40.1% ($445) | 19.3% ($372) |
| Nearby Cities | Average Rent | Avg. Rent vs. ToledoAverage Rent vs. Toledo | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Oregon | $1,130 | 15.9% ($214) | 31 days |
| Northwood | $1,201 | 10.6% ($143) | 45 days |
| Perrysburg | $1,832 | 36.3% ($488) | 45 days |
| Sylvania | $1,980 | 47.3% ($636) | 36 days |
| Maumee | $1,346 | 0.1% ($2) | 31 days |
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