Average Rent in Toledo, OH (2026)

Typical asking rent in Toledo is $1,133. Across the 13 ZIP codes with data it runs from $985 to $1,634, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Comparing this postal-city sample with the surrounding counties? The Ohio rent guide shows the county differences and helps compare two homes across a full year of energy bills.

Median rent
$1,133
Average rent
$1,173
Lowest ZIP
$985
Highest ZIP
$1,634

Rent by ZIP code in Toledo

ZIP codeCountyTypical rentvs city median
43604Lucas County$1,634+44%
43615Lucas County$1,339+18%
43614Lucas County$1,250+10%
43607Lucas County$1,211+7%
43611Lucas County$1,208+7%
43605Lucas County$1,168+3%
43606Lucas County$1,1330%
43609Lucas County$1,102-3%
43612Lucas County$1,060-6%
43608Lucas County$1,058-7%
43613Lucas County$1,058-7%
43623Lucas County$1,047-8%
43610Lucas County$985-13%

Rent by bedroom count in Toledo

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for Lucas County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$822+6.9%
1 bedroom$875+6.7%
2 bedroom$1,145+6.4%
3 bedroom$1,461+5.9%
4 bedroom$1,558+7.2%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Toledo?

Typical rent across Lucas County is $1,198 as of September 2026. That is up 5.9% from a year earlier and up 33.2% over five years.

YearTypical rent, Lucas CountyChange
2021$919+12.7%
2022$985+7.2%
2023$1,032+4.8%
2024$1,087+5.4%
2025$1,151+5.9%
2026 (through September)$1,198+4.1%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Toledo rent questions

What is the average rent in Toledo, OH?
Typical asking rent in Toledo is $1,133 a month as of September 2026, across 13 ZIP codes. By ZIP code it runs from $985 to $1,634.
How much is rent for a 2 bedroom in Toledo?
HUD's FY2027 Fair Market Rent for a two bedroom in Lucas County is $1,145 a month including utilities. A one bedroom is $875 and a three bedroom is $1,461. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Toledo?
Rent is rising. Typical rent in Lucas County is $1,198 as of September 2026, up 5.9% from a year earlier.
What is the cheapest ZIP code to rent in Toledo?
ZIP 43610 has the lowest typical asking rent in Toledo at $985 a month, compared with $1,133 for the city overall.
How much income do you need to rent in Toledo?
Most landlords look for gross income of about three times the rent. At the typical Toledo rent of $1,133, that is about $3,399 a month, or $40,788 a year. This is a common screening rule of thumb, and individual landlords set their own.

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 $1,133 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.