Average Rent in Toledo, OH (2026)

Typical asking rent in Toledo is $1,142. Across the 12 ZIP codes with data it runs from $922 to $1,492, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,142
Average rent
$1,144
Lowest ZIP
$922
Highest ZIP
$1,492

Rent by ZIP code in Toledo

ZIP codeCountyTypical rentvs city median
43604Lucas County$1,492+31%
43615Lucas County$1,273+11%
43611Lucas County$1,256+10%
43614Lucas County$1,187+4%
43606Lucas County$1,164+2%
43605Lucas County$1,159+1%
43612Lucas County$1,125-1%
43607Lucas County$1,116-2%
43608Lucas County$1,029-10%
43609Lucas County$1,029-10%
43613Lucas County$977-14%
43623Lucas County$922-19%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Toledo sits in the Toledo, OH metro area.

Other Ohio cities

Would a rental in Toledo cash flow?

Start the analyzer with the Toledo median rent of $1,142 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.