7

Newest Homes for Rent in Toledo, OR

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  • /13

    $1,695 Per Month

    • 1 Bed
    • 1.5 Baths
    • House for Rent

    383 SE Olson Rd, Toledo, OR 97391

    Country Duplex with Beautiful Tree Views – Toledo, OregonEnjoy peaceful country living just minutes from town in this nicely updated two-level duplex nestled among the trees in the Toledo countryside.This spacious home offers 1 bedroom, 1.5 bathrooms, plus a bonus room—perfect for a home office, guest space, hobby room, or additional living area. The two-level layout provides

    383 SE Olson Rd, Toledo, OR 97391
  • /16

    $2,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,029 Sq Ft
    • House for Rent

    1396 SE 18th St, Toledo, OR 97391

    Available Early September!Three Bedrooms and Two Bathrooms! Quiet Area of Toledo! Nice Neighborhood! Close to Schools and Highway Access! Split-Level Home with Unfinished Basement. Two Bedrooms on the Main Level Upstairs.Attached Garage with Ground Floor Access. Rent is $2200 / month. Security Deposit is $2400. Renter responsible for all

    1396 SE 18th St, Toledo, OR 97391
  • /13

    $1,375 Per Month

    • 1 Bed
    • 1 Bath
    • 583 1/2 N. Main

    583 N Main St Unit 691/A/B, Toledo, OR 97391

    Completely remodeled apartment in Toledo, OR! This cozy 1-bedroom, 1-bathroom apartment is perfect for anyone looking for a comfortable and convenient living space. Equipped with essential amenities, including a stack washer/dryer, range, refrigerator, and dishwasher, this apartment offers everything you need for a hassle-free lifestyle. Located in a desirable area, you'll have easy access to all

    583 N Main St Unit 691/A/B, Toledo, OR 97391
  • /13

    $1,375 Per Month

    • 1 Bed
    • 1 Bath
    • 583 1/2 N. Main

    583 N Main St Unit 691/A/B, Toledo, OR 97391

    Completely remodeled apartment in Toledo, OR! This cozy 1-bedroom, 1-bathroom apartment is perfect for anyone looking for a comfortable and convenient living space. Equipped with essential amenities, including a stack washer/dryer, range, refrigerator, and dishwasher, this apartment offers everything you need for a hassle-free lifestyle. Located in a desirable area, you'll have easy access to all

    583 N Main St Unit 691/A/B, Toledo, OR 97391
  • /16

    $2,100 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    1380 SE 18th St, Toledo, OR 97391

    Quiet Country Feel in East Toledo!Enjoy the peace and privacy of this charming 3-bedroom, 1-bath home tucked away in a quiet East Toledo cul-de-sac. Offering a country atmosphere while remaining just minutes from town, this home is perfect for those looking for space, comfort, and outdoor living.The property features a large, fully fenced yard, expansive decking ideal for

    1380 SE 18th St, Toledo, OR 97391
  • /20

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,147 Sq Ft
    • Condo for Rent

    400 SE 1st St, Toledo, OR 97391

    Property Id: 199673 Beautiful views, forced air/gas heating. Newer appliances, washer dryer, refrigerator and dishwasher. Bonus sun room not included in sq footage. Separate street entrances from the bottom addon units. Water,sewer and garbage service included. Deck is currently being refurbished and surface will either be stained or repainted. First, last and security

    400 SE 1st St, Toledo, OR 97391
  • /22

    $1,375 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    583 N Main St Unit 691/A/583, Toledo, OR 97391

    Completely remodeled apartment in Toledo, OR! This cozy 1-bedroom, 1-bathroom apartment is perfect for anyone looking for a comfortable and convenient living space. Equipped with essential amenities, including a stack washer/dryer, range, refrigerator, and dishwasher, this apartment offers everything you need for a hassle-free lifestyle. Located in a desirable area, you'll have easy access to all

    583 N Main St Unit 691/A/583, Toledo, OR 97391

Frequently Asked Questions

How much does it cost to rent a home in Toledo, OR?
The median rent for a home in Toledo, OR is $1,695 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Toledo, OR?
To comfortably afford the median rent in Toledo, OR, a household needs to earn roughly $67,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,695 per month in Toledo, OR, renters typically need to show $5,085 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Toledo, OR?
In Toledo, OR, the price-to-rent ratio is 16.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,695
Median Single Family Home Rent
$2,150
Median Condo Rent
$1,375
How to Rent a Home