Median Age
37 Years
Largest Age Group
25-34 Years
Approximately 15% of Residents
Under 20
26%
Over 65
17%
Avg Rent
$822
Population
273,167
Renter Mix
50% Rent
Living in Toledo combines waterfront living along the Maumee River with rich historical heritage. Known as "The Glass City" due to its glass manufacturing legacy, Toledo features housing options from preserved Victorian homes in the Old West End district to apartments in the Warehouse District. The University of Toledo campus area and the Toledo Museum of Art, home to an impressive glass pavilion, contribute to the city's educational and cultural landscape. Current rental trends show moderate increases, with average one-bedroom apartments renting for $794, reflecting a 2.6% annual increase, while two-bedroom units average $965, up 3.7% from the previous year.
The city's extensive Metroparks system spans 12,000 acres, offering outdoor recreation opportunities throughout the area. Toledo's distinct neighborhoods include the architecturally significant Old West End and the waterfront community of Point Place. Downtown Toledo's ongoing revitalization has preserved historic buildings while adding new dining and entertainment options. The city's position as a major Great Lakes port - the fifth-busiest on the Great Lakes - continues to drive economic activity. Local history buffs appreciate the story of the "Toledo War," an 1835-1836 boundary dispute with Michigan that resulted in Toledo becoming part of Ohio.
Building in Toledo
Sailboat on Lake Erie
Median Household Income
$42,878
Average: $57,519
Education
50,936
Residents Have a Degree
Job Market
126,439
Workers Employed
Median Age
37 Years
Largest Age Group
25-34 Years
Approximately 15% of Residents
Under 20
26%
Over 65
17%
Housing Distribution
In Toledo, there are roughly the same number of renters and homeowners.
Education Distribution
Review this city's overall education levels.
As of May 2026, the average apartment rent in Toledo, OH is $684 for a studio, $822 for one bedroom, $1,001 for two bedrooms, and $1,220 for three bedrooms. Apartment rent in Toledo has increased by 2.1% in the past year.
The cost of living in Toledo, OH is 1.3% lower than the national average. Generally, housing in Toledo is 7.7% less expensive than the national average, with rent falling between $684 - $1,220. You can expect to pay 0.1% less for groceries, 0.2% less for utilities, and 5.5% less for transportation.
Compare Cities
Explore how walkable, bikeable, drivable, and transit-friendly Toledo, OH is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Ottawa Hills Elementary School
Public
Grades K-5
553 Students
Public
Grades K-5
508 Students
Public
Grades K-5
466 Students
Public
Grades PK-5
416 Students
Public
Grades K-8
384 Students
Public
Grades 6-12
469 Students
Toledo Early College High School
Public
Grades 6-12
345 Students
Toledo Technology Academy High School
Public
Grades 6-12
287 Students
Public
Grades 6-8
495 Students
Public
Grades 6-8
488 Students
Public
Grades 6-12
469 Students
Toledo Early College High School
Public
Grades 6-12
345 Students
Toledo Technology Academy High School
Public
Grades 6-12
287 Students
Public
Grades 6-12
738 Students
Horizon Science Academy Toledo
Public
Grades K-12
488 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.