Rentometer, Inc. | Data as of 10/23/2025
Toledo’s metro rental market offers a diverse mix of apartments and single‑family homes, catering to a broad range of renters from students and young professionals to growing families. Apartment rents span from the $700 s for studios up to the $1,500 s for three‑bedroom units, while houses typically start in the $800 s for one‑bedroom homes and reach the $1,500 s for larger four‑plus‑bedroom properties. This variety ensures that both affordable and upscale options are readily available throughout the metro area, reflecting Toledo’s balanced cost‑of‑living appeal.
Key neighborhoods each bring a distinct lifestyle to the rental experience. Downtown Toledo boasts modern lofts and walk‑able amenities near the Riverwalk, the Toledo Museum of Art, and a vibrant dining scene. The historic Old West End offers charming bungalows and Victorian‑style homes within tree‑lined streets. West Toledo and the surrounding suburbs, such as Sylvania, provide spacious family‑oriented houses with easy access to quality schools and parkland along the Maumee River. Renters can enjoy a blend of urban energy and suburban tranquility, making the Toledo metro area an attractive choice for anyone seeking a welcoming community with strong rental options.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $707 | $646 | $411 - $1,275 | $579 - $700 |
| Apartment | 1 Bedroom | $945 | $825 | $495 - $1,947 | $700 - $1,156 |
| Apartment | 2 Bedroom | $1,180 | $1,075 | $590 - $2,570 | $825 - $1,450 |
| Apartment | 3 Bedroom | $1,474 | $1,325 | $669 - $2,795 | $999 - $1,735 |
| House | 1 Bedroom | $725 | $697 | $505 - $1,000 | $550 - $900 |
| House | 2 Bedroom | $1,047 | $979 | $600 - $2,400 | $850 - $1,175 |
| House | 3 Bedroom | $1,262 | $1,250 | $600 - $2,200 | $1,100 - $1,395 |
| House | 4+ Bedroom | $1,977 | $1,500 | $875 - $6,000 | $1,350 - $2,000 |
In the current period, the average rent in Toledo, OH was $703 for Studio, $931 for 1 Bedroom, $1,138 for 2 Bedroom, $1,285 for 3 Bedroom, and $1,853 for 4+ Bedroom.
Data provided by Rentometer, Inc.