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These days, finding an affordable place to live in the Toledo area can be challenging. Home prices in Toledo are now at a median cost of $381,739, lower than the Washington average of $621,115.
The average cost of rent is $856/mo in Toledo, primarily driven by the current value of real estate in the Toledo area. In Toledo, 13.45% of households rent, and 40.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Toledo is $5,883 per month. Households that rent pay about 14.54% of their income on rent here. Toledo’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Urbans, WA: equally priced homes
- Winlock, WA: equally priced homes
- Ethel, WA: equally priced homes
- Vader, WA: equally priced homes
- Marys Corner, WA: equally priced homes
- Toutle, WA: equally priced homes
- Silverlake, WA: higher priced homes
- Wildwood, WA: higher priced homes
- Napavine, WA: higher priced homes
- Salkum, WA: equally priced homes
Cities with Similar Populations
- Sardis, MS: less expensive homes
- Hudson, CO: higher priced homes
- Auburn, NE: less expensive homes
- Leesburg, NJ: less expensive homes
- Louisiana, MO: less expensive homes
- Lowell, NC: less expensive homes
- Muniz, TX: less expensive homes
- Oakridge, OR: less expensive homes
- Pahoa, HI: less expensive homes
- Pisgah, AL: less expensive homes
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