Best Affordable Neighborhoods in Toledo, OH
Some of the cheapest neighborhoods in Toledo are Five Points, Glendale-Heatherdowns, and Scottwood. These neighborhoods offer some of the lowest rent prices in Toledo, making them ideal for renters on a budget. As of February 2, 2026, the average rent in Toledo is $811, which is 1.4% 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
$696/Month
Year-Over-Year Rent Change
8.3%
TransitScore® Rating
0/100
Units Available
12 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
$739/Month
Year-Over-Year Rent Change
2.4%
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.
Scottwood
Average Rent
$749/Month
TransitScore® Rating
0/100
Units Available
23 Rentals
If you’re looking for a great, affordable neighborhood in Toledo, Scottwood might be the perfect place! It has an average rent price of $749, while the city’s average stands at $811. Scottwood is near Monroe Plaza, Imagination Station of Toledo, and Eugene F Kranz Toledo Express.
Southside
Average Rent
$757/Month
Year-Over-Year Rent Change
4.7%
TransitScore® Rating
0/100
Units Available
12 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.
DeVeaux
Average Rent
$767/Month
Year-Over-Year Rent Change
3.2%
TransitScore® Rating
0/100
Units Available
39 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.
Whitmer-Trilby
Average Rent
$773/Month
Year-Over-Year Rent Change
2.4%
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.
Hiawatha Park
Average Rent
$795/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
Hiawatha Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hiawatha Park is $795 while the city average is $811. Residents enjoy convenient access to Jermain Park, Foodtown Plaza, and Lourdes College. The neighborhood is considered walkable with a WalkScore® of 73.
North Towne
Average Rent
$804/Month
Year-Over-Year Rent Change
5.5%
TransitScore® Rating
0/100
Units Available
24 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.
New Horizons
Average Rent
$811/Month
Units Available
16 Rentals
When you’re looking for a great Toledo neighborhood on a budget, check out New Horizons. The average rent is $811, compared to the city average of $811. New Horizons is convenient to Ritter Planetarium and Brooks Observatory, Univ. of Toledo, Health Sci., and Jermain Meadow Nature Area.
Reynolds Corners
Average Rent
$839/Month
Year-Over-Year Rent Change
3.1%
TransitScore® Rating
0/100
Units Available
93 Rentals
Reynolds Corners is an affordable neighborhood in Toledo with an average rent price of $839. Compare this to the city average of $811. In the past year, rent prices have increased by 3.1%. Reynolds Corners provides easy access to Owens C.C., Arrowhead Park, R. A. Stranahan Arboretum, and Univ. of Toledo, Health Sci.. It’s a car-dependent neighborhood with a WalkScore® of 45.
Ready to make your move to Toledo? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.