Average Rent in Toledo, OH
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Toledo, Ohio, blends historic charm with riverfront vitality, offering renters a diverse urban experience anchored by attractions such as the Toledo Museum of Art, the bustling Downtown waterfront, and the University of Toledo campus. Neighborhoods like the historic Old West End showcase beautifully restored homes, while areas such as Westgate and Ottawa Hills provide leafy streets and easy access to top‑rated schools. The city's cultural festivals, vibrant dining scene, and proximity to Lake Erie make it an appealing destination for professionals, students, and families seeking both convenience and community.
The rental market in Toledo features a balanced mix of apartments and single‑family houses, catering to a range of lifestyles and budgets. Studio apartments typically fall in the $600‑$750 range, offering affordable entry points for individuals and young renters, whereas larger four‑plus bedroom homes can reach the $1,400‑$1,500 range for those needing extra space. From modern high‑rise units in Downtown to spacious historic homes in the Old West End, the city provides options that suit everything from short‑term stays to long‑term family living.
Beyond its competitive rental pricing, Toledo benefits from strong employment centers, reliable public transportation, and abundant green spaces like the Maumee River State Park. These factors contribute to a stable rental environment that continues to attract new residents. Whether you’re looking for a compact studio near cultural venues or a spacious house in a family‑friendly suburb, Toledo’s rental market offers a welcoming array of choices to fit your lifestyle.
Toledo Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $12,396 | $925 | $649 – $70,000 | $689 – $1,189 |
| Apartment | 1 Bedroom | $906 | $850 | $600 – $1,675 | $750 – $974 |
| Apartment | 2 Bedroom | $1,054 | $950 | $600 – $2,700 | $813 – $1,195 |
| Apartment | 3 Bedroom | $1,295 | $1,259 | $650 – $1,895 | $1,075 – $1,594 |
| House | 1 Bedroom | $727 | $750 | $500 – $1,000 | $505 – $885 |
| House | 2 Bedroom | $984 | $947 | $450 – $2,400 | $825 – $1,145 |
| House | 3 Bedroom | $1,258 | $1,245 | $550 – $4,500 | $1,100 – $1,395 |
| House | 4+ Bedroom | $1,616 | $1,412 | $850 – $3,500 | $1,300 – $1,600 |
Current rent in Toledo (all property types): Studio $12,396, 1 Bedroom $884, 2 Bedroom $1,013, 3 Bedroom $1,260, 4+ Bedroom $1,617.
Map of City of Toledo
Outlined area shows the city boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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