Most Affordable Neighborhoods in Toledo, OH
Some of the cheapest neighborhoods in Toledo are Five Points, Glendale-Heatherdowns, and Southside. These neighborhoods offer some of the lowest rent prices in Toledo, making them ideal for renters on a budget. As of September 13, 2025, the average rent in Toledo is $806, which is 2.1% 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.
Five Points
Average Rent
$705/Month
Year-Over-Year Rent Change
10.8%
TransitScore® Rating
0/100
Units Available
14 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.
Glendale-Heatherdowns
Average Rent
$714/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
0/100
Units Available
14 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.
Southside
Average Rent
$736/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
0/100
Units Available
20 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.
North Towne
Average Rent
$755/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
0/100
Units Available
27 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.
Byrne Hill
Average Rent
$755/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Toledo, Byrne Hill might be the perfect place! It has an average rent price of $755, while the city’s average stands at $806. Byrne Hill is near The University of Toledo, Main, Byrning Hill Plaza, and Ottawa Park.
New Horizons
Average Rent
$759/Month
Units Available
19 Rentals
New Horizons is a top choice for budget-conscious renters for a variety of reasons. The average rent in New Horizons is $759 while the city average is $806. Residents enjoy convenient access to Univ. of Toledo, Scott Park, Jermain Meadow Nature Area, and North Towne Commons.
Scottwood
Average Rent
$771/Month
TransitScore® Rating
0/100
Units Available
25 Rentals
When you’re looking for a great Toledo neighborhood on a budget, check out Scottwood. The average rent is $771, compared to the city average of $806. Scottwood is convenient to The University of Toledo, Main, Imagination Station of Toledo, and Univ. of Toledo, Scott Park. The community is somewhat walkable with a WalkScore® of 58.
Whitmer-Trilby
Average Rent
$783/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
40 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.
DeVeaux
Average Rent
$799/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
0/100
Units Available
40 Rentals
DeVeaux is a well-established neighborhood bordered to the south by I-475, providing residents with easy commuting throughout the city. Each house in DeVeaux looks different, and this variety gives the neighborhood a unique charm.
Scott Park
Average Rent
$832/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
19 Rentals
Scott Park is an affordable neighborhood in Toledo with an average rent price of $832. Compare this to the city average of $806. In the past year, rent prices have increased by 1%. Scott Park provides easy access to Jermain Park, Rocket Center, and Univ. of Toledo, Health Sci.. It’s a car-dependent neighborhood with a WalkScore® of 37.
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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.