Toledo multifamily market, October 2026

Landlords have the edge in Toledo, and it is mixed: asking rents are up 6.4% on a year, while jobs slipped 0.4%.

Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau

+6.4%

Asking rent, year over year

Zillow · September 2026

-0.4%

Jobs, year over year

BLS · September 2026, preliminary

5.8%YEARLY

Vacancy

Census · 2024 count

What is moving now

Asking rents are up 6.4% on a year to September 2026, which is the figure the condition is read from. Jobs are down 0.4% over the same year to September 2026, a first release the BLS revises the following month. Asking rents are climbing but job growth has cooled (September 2026).

The backdrop

These are yearly Census counts, not this month's: 5.8% of rentals sat empty in 2024, permits for new apartments were down 65% in 2025, more people moved out than in in 2025, and the typical rent was $949 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.

See every figure behind this read

Open the live Toledo read →

We watch Toledo for you.

The day asking rent growth (now +6.4%) or job growth (now -0.4%) moves half a point, you get an email. Plus two years of history and the report.

Track Toledo, $39/month

Cancel anytime. Every market read stays free.

Common questions about Toledo

Answered from the data, updated October 31, 2026

Is the Toledo rental market tight or soft right now?

In Toledo right now, landlords have the edge, and it is mixed.

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: landlords have the edge, and it is mixed.

What is the vacancy rate in Toledo?

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

How much have Toledo rents changed?

Asking rents in Toledo are up 6.4% over the past year (Zillow ZORI, monthly, latest Sep 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

Two affordable housing projects could be coming to Toledo, both using former Toledo Public School sitesWTOL

Toledo renter says rat infestation at Beacon Place Apartments pushes her to find new homeWTVG

City of Toledo earns award for paired affordable housing developmentSpectrum News

City of Toledo Earns Community Impact Award for Housing DevelopmentCity of Toledo (.gov)

Housing crisis: Toledo homebuyers face rising costs and limited housing inventoryWTOL

Toledo hosts developer summit to encourage new housing constructionWTOL

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.
Methodology ↗ · All insights ↗