Low Income Apartments and Affordable Housing For Rent in Toledo, OH

Discover affordable housing in Toledo where there are 150+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Oakwood Homes II

1230 Oakwood Ave, Toledo, Ohio 43606

Garden View Acres

950 Valerian Ct, Toledo, Ohio 43615

Developer, Multi Family New Construction

1220 4 Seasons Dr, Toledo, Ohio 43615

Adams Street Development

322 14th St, Toledo, Ohio 43604

Renascence Ottawa Area Residences

930 Ambia St, Toledo, Ohio 43610

Willard Apartments

2249 Upton Ave, Toledo, Ohio 43606

North River Homes I

711 Buckeye St, Toledo, Ohio 43604

Toledo Homes II

662 Avondale Ave, Toledo, Ohio 43604

Toledo Homes

553 Lucas St, Toledo, Ohio 43604

Heathergate Park Apartments

2450 Heather Gate Blvd, Toledo, Ohio 43614

Country Creek Apartments

1500 College Dr, Toledo, Ohio 43607

Luther Crest Apartments

2511 Royce Rd, Toledo, Ohio 43615

Mercy Outreach Ministries IV

1149 Shadow Ln, Toledo, Ohio 43615

Cherrywood Apartments

722 Champlain St, Toledo, Ohio 43604

City Forrest of Toledo

727 Amelia St, Toledo, Ohio 43607

Bancroft Court Apartments

401 W Bancroft St, Toledo, Ohio 43620

Willis Rentals

2233 Hollywood Ave, Toledo, Ohio 43606

Turner Avenue

2019 Calumet Ave, Toledo, Ohio 43607

Norwood and Stickney

1816 Norwood Ave, Toledo, Ohio 43607

Maple Street

3208 Maple St, Toledo, Ohio 43608

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Toledo, Ohio
$18.67/hour
$11.67 (+167%) more than Ohio minimum wage and $11.42 (+158%) more than the Federal minimum wage.
Learn More About Toledo, Ohio Affordable Housing ↓

What HUD offices serve Toledo, Ohio?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV) programs for Toledo, Ohio.

Go to the Ohio Public Housing and Low-Income Apartments Waiting Lists page for openings near Toledo.

How many renters live in Toledo, Ohio?

The City of Toledo has 266,289 people living in 121,261 households.

There are 109,752 renters living in 53,217 renter households in this City. Renters make up 41.22 percent of the population living in Toledo.

What is the rental market like in Toledo, Ohio?

There are an estimated 132,209 housing units in the Toledo area. Of these, 55,705 units are rental homes, making up 42 percent of the housing market. For every renter household in Toledo, Ohio, there are 1 rental units.

What is the vacancy rate for rentals in Toledo?

The rental vacancy rate in Toledo is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Toledo for each bedroom size?

Occupied Rental Units by Size in Toledo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,833 12,514 21,703 12,373 3,057
Occupied Rental Units by Size in Toledo

A large number of apartments in Toledo have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Toledo are overburdened by housing costs?

Among renter households in this market, 47 percent have housing cost burden. Further, 28 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Toledo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $691 to $1,378. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $691
One BR $753
Two BR $986
Three BR $1,307
Four BR $1,378
2024 Fair Market Rents in Toledo, Ohio

How many units are rented at Fair Market Rent (FMR) in Toledo?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 1,214 43 percent
One BR 8,604 69 percent
Two BR 13,712 63 percent
Rental Units Below FMR in Toledo, Ohio

How many affordable rental units are in Toledo?

There are a variety of federal affordable housing programs serving households in Toledo, Ohio including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 5,600
Public Housing 2,377
Section 8 Project-Based Rental Assistance 4,209
Mod Rehab Project-Based Rental Assistance 47
Section 202 Supportive Housing for the Elderly 233
Section 811 Supportive Housing for Persons with Disabilities 135
Tracked Units by Federal Program in Toledo, Ohio

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Toledo, Ohio

Toledo features 7,608 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Toledo, Ohio

There are 3,945 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Toledo.

Housing Choice Vouchers in Toledo, Ohio

On average, Section 8 Housing Choice vouchers pay Toledo landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Toledo.

The maximum amount a voucher would pay on behalf of a low-income tenant in Toledo, Ohio for a two-bedroom apartment is between $887 and $1,085.

Sourced from federal housing data and AffordableHousingOnline.com research.