Home prices
The median home in Toledo costs $80,800. This is roughly $106,160 (56%) lower compared to its surrounding areas.It is about $136,700 (62%) lower compared to the entire nation, and in comparison to the city of Detroit is approximately $31,600 (64%) higher.
Rents
The median rent in Toledo is $725 per month. It is about $181 (19%) lower in comparison to its surrounding areas.Compared to the entire country it is roughly $337 (31%) lower, and in comparison to the city of Detroit it is approximately $99 (12%) lower.
Nearby places
Ottawa Hills
Ottawa Hills is Toledo's neighbor to the west. Its housing prices are a lot more expensive. The median home in Ottawa Hills is valued at $319,100, which comes out to $238,300 (74%) higher than Toledo. Rent there is substantially more expensive. Ottawa Hills's median rent is $1,338 a month, which works out to $613 (45%) higher than Toledo.
Rossford
Rossford is Toledo's neighbor to the south. Housing prices there are significantly more expensive. Rossford's median home value is $142,100, which works out to $61,300 (43%) higher than Toledo. Rent there is fairly similar. The median monthly rent in Rossford is $710, which is $15 (2%) lower than Toledo.
Northwood
Northwood is Toledo's neighbor to the southeast. Its real estate prices are a lot more expensive. The median home in Northwood costs $129,100, which works out to $48,300 (37%) higher than Toledo. Rents there are pretty similar. The median rent in Northwood is $750 a month, which is $25 (3%) higher than Toledo.
Lambertville
Lambertville is Toledo's neighbor to the north. The housing prices there are substantially more expensive. Lambertville's median home price is $182,300, which comes out to $101,500 (55%) higher than Toledo. Rents there are somewhat more expensive. The median rent in Lambertville is $1,004 per month, which comes out to $279 (27%) higher than Toledo.
Holland
Holland is about 6 miles southwest from Toledo. Its real estate prices are substantially more expensive. The median home in Holland is valued at $162,200, which is $81,400 (50%) higher than Toledo. Rents there are similar. In Holland the median monthly rent is $729, which is very similar to Toledo.
