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Apartments for Rent in Toledo, OH

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What to Know About

Living in Toledo, OH

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 October 2026, Toledo's rental market is stable, with rentals spending about 32 days on the market, slower than in Ohio (30), and rents up 11.9% over the past year. Toledo's average rent is 21.5% ($302) lower than the Ohio average of $1,402 and 47.2% ($982) lower than the U.S. average of $2,082.

Average Rent
$1,100
Monthly ChangeMonth Over Month Change
Increased1.06% ($12)
Yearly ChangeYear Over Year Change
Increased11.9% ($117)
Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $977 Increased1.48% ($14) Increased13.1% ($113)
2 Beds $1,096 Increased1.17% ($13) Increased13.3% ($129)
3 Beds $1,336 Decreased0.13% ($2) Increased6.2% ($78)
Nearby Cities Average Rent Avg. Rent vs. ToledoAverage Rent vs. Toledo Days on Market
Oregon $1,273 Increased15.7% ($173) 33 days
Northwood $1,231 Increased11.9% ($131) 32 days
Lambertville $1,651 Increased50.1% ($551) 30 days
Walbridge $1,179 Increased7.2% ($79) 32 days
Perrysburg $1,759 Increased59.9% ($659) 37 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 $1,100 per month.
In Toledo, the average rent is $977 per month for a 1-bedroom apartment, $1,096 for a 2-bedroom apartment and $1,336 for a 3-bedroom apartment.
The average rent in Toledo is 47.2% ($982) lower than the national average of $2,082 per month.
The rental market in Toledo, OH is currently stable, with rentals spending about 32 days on the market, slower than in Ohio (30), and rents up 11.9% over the past year.
Based on the current averages, a household would need an annual income of $43,800 to comfortably afford a 2-bedroom apartment in Toledo.
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