Insights / Toledo

Tight
Mixed
Condition and direction
Toledo, OH · recomputed daily
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Toledo, OH Multifamily Market Read | September 2026

Toledo reads Tight and Mixed, so landlords have the edge. Asking rents are firming, up 5.8% over the past year (Zillow ZORI, monthly, latest Aug 2026). This brief lays out what the current data shows for Toledo, grouped by how often each source updates.

Updated September 20, 2026

Asking rent YoY · monthly
+5.8%
Vacancy · 2024
5.8%
Jobs YoY · monthly
-0.7%

What is moving now (monthly)

Asking rents are firming, up 5.8% over the past year (Zillow ZORI, monthly, latest Aug 2026). Jobs are softening, down 0.7% over the past year (BLS, monthly, latest Aug 2026).

The backdrop (yearly, US Census Bureau)

Vacancy was 5.8%, in a middling range, in the 2024 count (US Census Bureau). This is a yearly snapshot, not a monthly signal. New permitting was subdued, -64.7% in the 2025 count (US Census Bureau, building permits). A standing yearly figure, not a live signal. Net migration was negative at -1.2 per 1,000 residents in the 2025 count (US Census Bureau).

Rent context

The metro median rent, including utilities, was about $949 a month in the 2024 count (US Census Bureau).

What the data shows

Taken together, Toledo is Tight and mixed: landlords have the edge. The monthly movers, asking rent and jobs, are the live part of the picture, while vacancy, permitting, and migration are yearly snapshots that set the backdrop. MetroSgnl reads the market from public data and shows every figure with its source and cadence. This is market information, not investment advice, and not a recommendation about any property.

Common questions about Toledo · answered from the data, updated September 20, 2026

Is the Toledo rental market tight or soft right now?

Toledo reads Tight right now, so landlords have the edge.

Which way is the Toledo market heading?

Toledo is mixed right now, as asking rents firm over the past year (Zillow ZORI, monthly).

Is Toledo a landlord's or a renter's market?

Toledo is a landlord's market right now, because it reads Tight.

What is the vacancy rate in Toledo?

Vacancy in Toledo is 5.8% in the Jan 2024 count, a yearly snapshot rather than a live monthly signal (US Census Bureau).

How much have Toledo rents changed?

Asking rents in Toledo are up 5.8% over the past year (Zillow ZORI, monthly, latest Aug 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

Water leaks put Toledo luxury apartments into disrepair, tenants form union to fight worsening conditionsWTVG
Couple says roach infestation followed them to second unit at Vivo Toledo ApartmentsWTVG
Ohio grant to help fund Spitzer Building housing project in downtown ToledoWTVG
Ceiling collapses on pregnant woman at Byrneport ApartmentsWTVG
Lucas County shelters full as housing costs drive surge in first-time homelessnessWTVG
Toledo, Temperance among nation's hottest housing markets, Realtor.com report saysWTOL
See all Toledo news →

Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.

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