Last updated
Average Rent in Center City & Rent Trends
Rent prices and market trends across 3 apartment communities in Center City, Toledo, OH. Updated daily.
Market Average
$1,772/mo
▼ 2.5% from last month
Lowest Available
$1,017/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
17
available now
Center City vs Toledo, OH Average
Center City is more expensive the Toledo, OH average by $269/mo (18%). The citywide average is $1,503/mo across all neighborhoods.
Is Rent Going Up or Down in Center City?
As of May 2026, the average rent in Center City is $1,772 per month across 3 apartment communities and 17 available units. Rents have decreased $36 (2.5%) over the past month.
The most affordable option is Commodore Perry Apartments starting at $1,017/mo. By unit type, a 2-bedroom averages $1,772/mo.
Prices range from $1,017 to $3,375 per month. The most common price point is the $1,200 range, where 5 units are currently listed.
Center City Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Center City
Rent Prices by Apartment in Center City
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Commodore Perry Apartments | $1,017/mo | $1,172/mo | 5 | 4.3 |
| LaSalle Apartments | $1,255/mo | $1,326/mo | 6 | 4.3 |
| Tower on the Maumee and Ferrara Flats | $2,350/mo | $2,717/mo | 6 | 4.7 |
Google Search Trends for Center City Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Center City
What is the average rent in Center City?
Is rent going up or down in Center City?
What is the cheapest apartment in Center City?
How many apartments are available in Center City?
What salary do I need to live comfortably in Center City?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$71,000/year
30 percent rule -- using our average rent of $1,772/mo.
Comfortable income
$85,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,017/mo), you need to earn at least $41,000/year.
Median household income in Center City is $47,532 , about 44% below the comfortable-living threshold.
Cost of living in Center City
Overall prices in Center City runs below the national average by about 9% (BEA Regional Price Parity index 90.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Center City's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,772 |
| Utilities | $286 |
| Groceries | $508 |
| Transportation | $681 |
| Healthcare | $332 |
| Other goods and services | $531 |
| Estimated total | $4,110/mo |
Population
268,461
Median household income
$47,532
Census median rent
$880/mo
Rent as % of income
28.6%
Median age
35.7
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Center City Apartments
Browse all 3 communities with daily-updated pricing and availability.