Toledo
Ohio · Ranked #40 of 373 metros
91Affordable
💡
Housing in Toledo costs 2.93× the median income, below the national average of 4.5×. The median home price is $185K and median rent is $927/month. Toledo ranks #40 of 373 metros for affordability.
Median Home Price
🏠$185K
Need $55K income
Median Rent
🔑$927
Need $37K income
Building Permits
🔨928
annual
Median Income
💰$63K
Pop: 643,197
Rent Burden
⚠️21.6%
of renters paying >30%
Homeownership
🏡63.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Toledo | National |
|---|---|---|
| Price-to-Income Ratio | 2.93x | 6.1x |
| Rent Burden | 21.6% | 31.5% |
| Homeownership Rate | 63.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +59.7%Since 2000: +91.4%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$769/mo
1 Bedroom$820/mo
2 Bedroom$1,076/mo
3 Bedroom$1,380/mo
4 Bedroom$1,454/mo
Zillow Market Data
Home Value (ZHVI)
$192K
1yr: +2.5%5yr: +31.6%
Rent (ZORI)
$1,159/mo
1yr: +4.2%5yr: +38.0%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$188K
Active Inventory
1,483
Days on Market
53
Sold Above List
28.5%
Price Drops
14.8%