Toledo Area Rents - A Neighborhoods
I would very much appreciate help in understanding the current rental ranges one could expect in the A+ to B+ areas in and around Toledo. I have in mind a 3/2 SFR or a 2/2 apartment in a small multi-unit in any of the following locations: Perrysburg, Maumee, Sylvania, Whitehouse, Franklin Park, Ottawa Hills and Bowling Green. Thanks in advance for any information you may be able to provide.
Most Popular Reply
Hi Darius, it completely depends on amenities of the property/complex (pool, work out room, home office support, cooking/entertaining areas, etc), the specific location (adjacent to a park or interstate highway) and the upgrades to the unit itself (lvp vs carpeting, quartz/granite vs laminate counters...)
We manage a large multifamily in Sylvania appraised at $250k/unit with 2/2 units and it brings over $1k/mo in rent.
I would postulate your areas will earn:
- $900-3000 for single family homes in a wide range of conditions and amenities
- $700-1500 for 2/2 apartment units again with a wide range of conditions and amenities.
Buy something on a golf course and you will have higher rents still.
- Andrew Fidler
- [email protected]
- (419)410-3836
