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Toledo

Learn about the people, housing, costs and businesses in Toledo

Median Home$187,516
Median Rent$1,033/month
Population602,322
Leading IndustriesTransportation · Retail · Finance & Insurance3% transportation
Home Value Growth⬆⬆+18.1% over 2 years
Young Adults30% of residentsnear the national average
Homeowners64% of occupied units
NotableAmenity Score65/100 · highly walkable area
NotableAffordable Market$188k median home · lower cost than 85% of the country
Toledo

Explore Toledo

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Toledo?›

Mortgage rates for Toledo are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Toledo?›

The median home value in Toledo is $188k. The median monthly rent is $1,033. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Toledo?›

Home values in Toledo have increased 18.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Toledo?›

Based on a typical all-in ownership cost of $1,063/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Toledo is $74k/year.

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What industries drive the economy in Toledo?›

The largest employment sectors in Toledo are public administration (25%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.