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RentData.org Logo Toledo Fair Market Rent FY 2021 Toledo, OH MSA Rental Data

Fair Market Rent Prices in Toledo, OH :
$535 $613 $793 $1,077 $1,179
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 63% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Toledo is $793 per month.

The previous year, rent for a two-bedroom home was $767 per month. This is a 3.39% increase year-over-year.

This FMR rate applies to Stony Ridge, OH, West Millgrove, OH, Dunbridge, OH, Harbor View, OH, Jerry City, OH, Lemoyne, OH, Milton Center, OH, Tontogany, OH, Pettisville, OH, Neapolis, 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 MSA spans three counties or cities in Ohio which ares listed in the table below. Estimated population of Toledo, OH MSA FMR area is 605,205 people based on latest Census data.

Compared to the rest of Ohio, the Toledo FMR area is more expensive than 84% 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 $ 572
1-BR 1-Bedroom $ 656
2-BR 2-Bedroom $ 848
3-BR 3-Bedroom $ 1151
4-BR 4-Bedroom $ 1261
Change Year:

The counties, cities, towns, and regions listed below fall into the Toledo, OH MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Toledo.

County / Region Est. Population
Fulton County, OH Metro 42,295
Lucas County, OH Metro 433,405
Wood County, OH Metro 129,505
Zip Codes in Toledo, OH MSA

There are 69 unique zip codes in this Fair Market Rent (FMR) area:

43402, 43403, 43412, 43413, 43414, 43434, 43437, 43441, 43445, 43451, 43460, 43462, 43463, 43465, 43466, 43467, 43502, 43504, 43515, 43521, 43525, 43528, 43532, 43533, 43537, 43540, 43541, 43542, 43547, 43551, 43552, 43553, 43557, 43558, 43560, 43565, 43566, 43567, 43569, 43570, 43571, 43601, 43604, 43605, 43606, 43607, 43608, 43609, 43610, 43611, 43612, 43613, 43614, 43615, 43616, 43617, 43619, 43620, 43623, 43635, 43652, 43654, 43656, 43657, 43659, 43660, 43661, 43666 and 43667

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