Logo Toledo Fair Market Rent FY 2023 Toledo, OH HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Toledo, OH :
$637 $698 $906 $1,218 $1,310
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Toledo are average compared to the national average. This FMR area is more expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Toledo is $906 per month.

The previous year, rent for a two-bedroom home was $806 per month. This is a 12.41% increase year-over-year.

This FMR rate applies to Pettisville, OH, Berkey, OH, Metamora, OH, Lyons, OH, Fayette, OH, Stryker, OH, West Unity, OH, Liberty Center, OH, Archbold, OH, Delta, OH and other cities within the region. The Metro Code or CBSA code for this region is METRO45780M45780.

Additionally, This Fair Market Rent (FMR) area Toledo, OH HUD Metro FMR Area spans one county or city in Ohio which is listed in the table below. Estimated population of Toledo, OH HUD Metro FMR Area FMR area is 42,186 people based on latest Census data.

Compared to the rest of Ohio, the Toledo FMR area is more expensive than 86% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Toledo. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Toledo

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 675
1-BR 1-Bedroom $ 739
2-BR 2-Bedroom $ 960
3-BR 3-Bedroom $ 1291
4-BR 4-Bedroom $ 1388
Change Year:

There is just one county (listed below) within the Toledo, OH HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Toledo.

County / Region Est. Population
Toledo, OH Metro 42,186
Zip Codes in Toledo, OH HUD Metro FMR Area

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

43502, 43504, 43515, 43521, 43532, 43533, 43540, 43553, 43557, 43558, 43567 and 43570

Lookup Fair Market Rent by Zip Code