Toledo, OH Relocation Guide (2026)
Cost of living, housing, and income data for Toledo, sourced from the US Census Bureau.
Salary needed to live in Toledo →
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
Population in Toledo, Ohio runs approximately 269,962. Median household income sits at $45,405, landing below the benchmark median we track across cities (-37%).
For renters and buyers alike, Toledo offers a median home value of $98,800 (below the tracked median, -70%) and median rent of $854 monthly. Local property taxes and current mortgage rates will shape the real cost of buying.
Home prices in Toledo run about 2.2× the typical household income — among the more affordable ratios we track, and a favorable starting point for buyers. Prices in the area have gained 5.04% year over year, a moderate pace that suggests a stable market around Toledo. Toledo carries a Relatively Moderate hazard rating from FEMA, on the lower end of what we track.
Personal Affordability Check
Renting at $854/mo in Toledo would take 22.6% of your income.
$281/mo under the 30% guideline.
Buying the median home ($98,800) would take 13.9% of your income toward principal & interest.
$532/mo under the 28% guideline.
Cost of housing in Toledo
Median home value is $98,800 and median gross rent is $854/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
FHFA's county-level home price index for Lucas rose 5.04% over the past year (as of 2025).
HUD's FY 2026 Fair Market Rent for a 2-bedroom unit in the surrounding county is $1,076/month.
Climate & home insurance
FEMA rates Toledo's overall natural-hazard risk as Relatively Moderate. Risk level is a major driver of home insurance premiums.
Safety
Toledo reported a violent crime rate of 872.2 per 100,000 residents in 2025, per FBI data.
Moving to Toledo
Planning a move to Toledo? Compare licensed movers and get quotes based on your origin and move date.
Frequently asked questions
- What is the cost of living in Toledo, OH?
- Toledo's key cost-of-living figures: $98,800 median home value, $854 median monthly rent, and $45,405 median household income, per the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Toledo?
- Using the standard 30%-of-income rule of thumb, affording Toledo's median rent of $854/month takes an income of roughly $34,160 a year. See the full salary breakdown (renting and buying) for Toledo.
- Is it better to rent or buy in Toledo?
- Toledo's median rent of $854/month translates to about $34,160 a year needed to rent comfortably, versus roughly $22,605 a year for principal and interest on the $98,800 median home (20% down, 30-year fixed, today's rates). How long you'll stay is usually the deciding factor.
- Is Toledo safe?
- Toledo's violent crime rate, per FBI reporting for 2025, stands at 872.2 per 100,000 residents.
See the full salary breakdown for Toledo →
Cities with a similar cost of living
Matched on median rent and household income within 15% of Toledo's.