Average Rent in Toledo, OH

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Current Versus Historical Toledo, OH Rents

Toledo rentals average $660 for a 1-bedroom rental to $1,163 for a 4-bedroom rental. The median price of all currently available listings is $825, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $606 (136.40%) year-over-year from $444 to $1,050. 1-bedroom rentals prices have increased by $13 (2.04%) year-over-year from $613 to $625. 2-bedroom rentals prices have decreased by $45 (-5.49%) year-over-year from $820 to $775. 3-bedroom rentals prices have decreased by $128 (-11.06%) year-over-year from $1,153 to $1,025. 4-bedroom rentals prices have increased by $238 (19.60%) year-over-year from $1,212 to $1,450. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 50.00% this month. 1-bedroom rents have gone down by 1.83% this month. 2-bedroom rents have gone down by 5.58% this month. 3-bedroom rents have gone down by 10.87% this month. 4-bedroom rents have gone up by 32.07% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.13	$625	$613 (2.04%)	$595 (5.04%)
2 BR	$0.87	$775	$820 (-5.49%)	$750 (3.33%)
3 BR	$1.02	$1,025	$1,153 (-11.06%)	$932 (10.02%)
4+ BR	$0.78	$1,450	$1,212 (19.60%)	$828 (75.05%)

Historical Rents in Toledo, OH

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Toledo

Let's compare Toledo, OH's rent against other top cities nearby by bedroom size.

City	Studio	1 Bed	2 Bed	All

Top Neighborhoods Near Toledo

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Toledo

The average rent for rentals in these counties is $825. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Toledo, OH. It's average rent per month is $825. Vice versa, with an average rent of $825, Toledo, OH is the most expensive county by Toledo, OH.

In comparison, rent for one bedroom listings in Toledo, OH is on par with the other counties nearby. Finally, rent for two bedrooms in Toledo, OH is on par with the other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Toledo, OH	N/A	$660	$800	$825

Top Zipcodes Near Toledo

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Toledo Average Rents

What is the average rent price in Toledo, OH?

The average monthly rental price for Toledo, OH apartments for rent is approximately $825. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Toledo, OH rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Toledo, OH.

How much is a studio apartment in Toledo, OH?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Toledo.

How much is a one bedroom apartment in Toledo, OH?

The average monthly rental price for one bedroom apartments is $660 and an average price per square feet of $1.13. There are a total of 27 one bedroom apartment listings currently available for rent in Toledo.

How much is a two bedroom apartment in Toledo, OH?

The average monthly rental price for two bedroom apartments is $800 and an average price per square feet of $0.87. There are a total of 18 two bedroom apartment listings currently available for rent in Toledo.

How have rent prices in Toledo, OH changed this year?

Rent prices for rentals in Toledo, OH can fluctuate yearly. Specifically, studio rental prices have changed by 1.36%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by -0.11% year-over-year.

What is a reasonable rent price in Toledo, OH?

A reasonable rent price in Toledo, OH is around $660/month. You can search for these reasonably priced rental listings on RentHop.