Most Affordable Neighborhoods in Toledo, OH
Some of the cheapest neighborhoods in Toledo are Old West End, Olde Towne, and Five Points. These neighborhoods offer some of the lowest rent prices in Toledo, making them ideal for renters on a budget. As of March 24, 2025, the average rent in Toledo is $789, which is 1.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Old West End
Average Rent
$560/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Old West End is a historic neighborhood known for its stunning Victorian homes. Renters will appreciate the unique architecture, proximity to Downtown Toledo, and community events like the Old West End Autumn Market.
Olde Towne
Average Rent
$608/Month
TransitScore® Rating
0/100
Units Available
6 Rentals
Olde Towne is a vibrant neighborhood offering a mix of historic homes and modern architecture in a suburban environment. West Delaware Avenue connects Olde Towne to Old West End, providing residents easy access to community events at Agnes Reynolds Jackson Arboretum and Scottwood Community Garden.
Five Points
Average Rent
$671/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
Named after the five-way intersection at its center, Five Points is one of Toledo's older neighborhoods. Diverse architecture and local businesses give this area a lively community atmosphere.
Beverly
Average Rent
$671/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
0/100
Units Available
6 Rentals
Beverly is a top choice for budget-conscious renters for a variety of reasons. The average rent in Beverly is $671 while the city average is $789. This is a 0.9% difference from last year. Residents enjoy convenient access to The University of Toledo, Main, Ritter Planetarium and Brooks Observatory, and Jermain Park. The neighborhood is considered car-dependent with a WalkScore® of 43.
Lagrange
Average Rent
$671/Month
TransitScore® Rating
0/100
Units Available
5 Rentals
When you’re looking for a great Toledo neighborhood on a budget, check out Lagrange. The average rent is $671, compared to the city average of $789. Lagrange is convenient to Ottawa Park, Manhattan Plaza, and Univ. of Toledo, Health Sci.. The community is somewhat walkable with a WalkScore® of 56.
Point Place
Average Rent
$678/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
0/100
Units Available
4 Rentals
Point Place is an affordable neighborhood in Toledo with an average rent price of $678. Compare this to the city average of $789. In the past year, rent prices have increased by 1.1%. Point Place provides easy access to Jermain Meadow Nature Area, The University of Toledo, Main, and Mid Point Plaza. It’s a car-dependent neighborhood with a WalkScore® of 49.
Southside
Average Rent
$684/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
0/100
Units Available
24 Rentals
Southside is a diverse neighborhood just south of Downtown Toledo, providing residents easy access to all the city has to offer. Southside, also called Old South End, is a focal point of the city's revitalization strategy that will improve local infrastructure and public amenities.
Glendale-Heatherdowns
Average Rent
$706/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
0/100
Units Available
12 Rentals
Glendale-Heatherdowns is a suburban neighborhood in the southern part of Toledo near the Maumee River. Ranch- and farmhouse-style homes are a staple of this area, giving the neighborhood a small-town feel while providing residents with access to Downtown Toledo. Spend a day at the Toledo Zoo & Aquarium exploring the animal sanctuaries and museum, or visit during seasonal festivals for festive displays and themed activities.
North Towne
Average Rent
$731/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
0/100
Units Available
31 Rentals
North Towne is a quiet, residential neighborhood on the Michigan-Ohio border offering affordable homes and proximity to local schools and parks. Local restaurants and bars are a neighborhood favorite and provide opportunities for residents to get to know their neighbors.
Whitmer-Trilby
Average Rent
$744/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
0/100
Units Available
47 Rentals
Whitmer-Trilby is a peaceful suburb just south of the Ohio-MIchigan border. Multiple schools in the area, locally-owned restaurants, and access to major roads make Whitmer-Trilby a great place to put down roots.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.