Toledo, OH housing market
Typical home value
$132K
▲ 5.4% 1 yr
Typical rent
$1,151/mo
▲ 5.7% 1 yr
Gross rent yield
10.5%
U.S. 6.3%
5-year home value change
+33%
U.S. +20%
Key takeaways
- 1The typical home in Toledo is worth $131,766, up 5.4% over the past year and up 33% over five years.
- 2Typical rent is $1,151 a month (+5.7% YoY), a gross rent yield of 10.5% (above the Toledo, OH metro's 7.5%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $724/mo, $427 less than typical rent.
- 4Zillow forecasts the Toledo, OH metro's home values to change +3.2% over the next 12 months.
Market temperature (Toledo, OH metro)
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 61/100, #29 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Toledo compares
| Measure | Toledo | Toledo, OH metro | United States |
|---|---|---|---|
| Typical home value | $131,766 | $202,056 | $366,157 |
| Home value, 1-yr change | +5.4% | +3.3% | +1.2% |
| Typical rent | $1,151 | $1,264 | $1,932 |
| Rent, 1-yr change | +5.7% | +5.8% | +2.7% |
| Gross rent yield | 10.5% | 7.5% | 6.3% |
| Price-to-rent ratio | 9.5 | 13.3 | 15.8 |
| Mortgage P&I, typical home | $724 | $1,110 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Toledo rental, pre-filled.
Rent vs buy in Toledo
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $132K home.
Landlord in Ohio? See Ohio deposit, late fee and notice rules.
Other cities in the Toledo, OH metro
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.