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Apartments Under $500 in Toledo, OH

1 - 12 of 12 Results
14
$500
1748 Finch St
Toledo, OH
1 BR | Available Now
Contact
House
Air Line Junction
20
$275 - 290
PER
ROOM
University Hills
2.3
2247 University Hills Blvd Toledo, OH
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
8
$430
Alexor Apartments
3.0
5635 Secor Rd. Toledo, OH
1 BR | Available Now
Contact
Air Conditioning
12
$470
University Circle Apartments
2.1
3414 Dorr Street Toledo, OH
1 BR | Available Now
Contact
Cat Friendly
Student
Balcony/Deck/Patio
Inverness Village
4
$495 - 530
Airport Highway Apartments
3375 Airport Highway Toledo, OH
2 BR | Available Now
Contact
Library Village
2
$419 - 439
Greystone Lofts Of Reynolds
629 Reynolds Road Toledo, OH
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
1
$409 - 500
Meldon Place
3.6
1736 Brownstone Blvd Toledo, OH
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
0
$469
Hidden Village Square Apartments
2822 Eldora Dr Toledo, OH
1 BR | Available Now
Contact
Heat Included
1
$469 - 519
Sandalwood
3.4
4804 W. Bancroft St. Toledo, OH
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Section 8
0
$469
Westbrook Apartments
3.8
6300 West Bancroft Street Toledo, OH
1 BR | Available Now
Contact
Cat Friendly
Air Conditioning
2
$469 - 519
Glanzman Village Of South Toledo
3165 Glanzman Road Toledo, OH
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Gould
1
$499 - 560
Timbercreek
2.7
2140 Timber Creek Dr Toledo, OH
Studio | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
1 - 12 of 12 Results
  1. Home
  2. Toledo
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Toledo, OH on Rentable.co?

There are 12 apartments under $500 in Toledo currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Toledo?

Rentable.co has 93 studio apartments under $500 available for rent in Toledo.

How many one-bedroom apartments under $500 are available in Toledo?

Rentable.co has 242 one-bedroom apartments under $500 available for rent in Toledo.

How many two-bedroom apartments under $500 are available in Toledo?

Rentable.co has 380 two-bedroom apartments under $500 available for rent in Toledo.

Can I afford a apartment under $500 in Toledo, OH?

To comfortably afford a apartment under $500 in Toledo based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Toledo, OH?

  1. Inverness Village
  2. Downtown Toledo
  3. Alexis Road
  4. Air Line Junction

Apartments Under $500 in Toledo, OH: May Rental Information

Welcome to the May 2026 Toledo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts provide you with the key findings and figures for the Toledo rental landscape.
Our experts analyze the inventory trends for apartments under $500 - overall market rent-distribution, availability by bedroom count, and month-over-month comparisons - in Toledo and surrounding areas. This summary also provides insights into available features and amenities, as well as location options for apartments under $500 in Toledo. Whether you're a student, young professional, or budget-conscious renter, this report will help you navigate the rental market and find the perfect apartment that fits your needs and budget.
0 7 15 22 30 <$500 $540 $620 $700 $780 $860 $940 $1,020 $1,100 $1,180 $1,260 $1,340 $1,420 $1,500 $1,580
This month, the typical cost to rent a one-bedroom apartment in Toledo stands at $830, with the majority falling between $520 and $1,560. Out of the 1,313 one-bedroom apartments currently on the market in Toledo, 7 are priced below $500, accounting for 1% of the total available one-bedroom units in Toledo.

Available Apartments Under $500: Toledo vs. Surrounding Areas

Toledo, OH
16
In ``May 2026``, there are a total of ``28`` available apartments under $500 in Toledo, OH and the surrounding cities of ``Blissfield, Adrian, Pemberville, Perrysburg, Waterville, Swanton, Sylvania, Northwood, Genoa, Maumee, Oak Harbor, Whitehouse, Rossford, Oregon, Grand Rapids, Ottawa Hills, Bowling Green, Temperance, Weston, Delta, Erie, and Holland``. This chart provides a comprehensive overview of the affordable rental options in this area, making it easier for renters to find their perfect home within their budget.

Apartments Under $500 Now vs. Last Month: Toledo and Surrounding Areas

City Apartments Under $500 in May M/M % Change
Toledo, OH 16 +0.99%
Erie, MI 2 +1.0%
Bowling Green, OH 2 +0.43%
Perrysburg, OH 2 +1.09%
Maumee, OH 1 +1.11%

Looking for Apartments Under $500 in Toledo?

Available apartments under $500 680
Top amenities Dishwasher, On Site Laundry, Refrigerator, Range / Oven, Off Street Parking
Deals 3
Pet friendly 25
Utilities included 14
Furnished 5
Studio 3
1 Bedroom 16
2 Bedroom 11

Where are Toledo Apartments Under $500?

Top Neighborhoods Inverness village, Downtown toledo, Alexis road, Air line junction
Inverness Village 2
Downtown Toledo 1
Alexis Road 1
Air Line Junction 1
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