Housing in Toledo
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Toledo, Visayas
The housing market in Toledo is characterized by its affordability, with median home prices significantly lower than the national average. In May 2026, the median sale price of a home in Toledo was $140,000, reflecting an 11.9% increase compared to the previous year. The median price per square foot in Toledo was $111 in May 2026. Toledo was even ranked as the 'hottest housing market' in the U.S. for 2024 by Realtor.com, driven by strong demand and relatively low supply. For renters, the average rent in Toledo was around $950 per month in July 2026, with 1-bedroom apartments averaging approximately $800 and 2-bedroom apartments around $1,100 in the city center. The rental market has also seen an increase in prices, with a 2.7% rise year-over-year in July 2026.
Housing
About Toledo, Visayas
Toledo, Ohio, often referred to as 'The Glass City' due to its rich history in glass manufacturing, is a vibrant city situated at the western end of Lake Erie along the Maumee River. The city serves as a significant port on the Great Lakes and is known for its affordable living and strong sense of community. Toledo has been recognized for its economic development efforts, with significant investments in revitalizing its downtown area and fostering new businesses. Its strategic location offers residents access to major metropolitan areas like Detroit and Ann Arbor, while maintaining a distinct local character. The city attracts individuals and families seeking a balance of urban amenities, cultural attractions, and access to natural spaces.
About Visayas
The Visayas, located in the central Philippines, is an island group known for its diverse landscapes, vibrant culture, and relaxed lifestyle. The economy is driven by a mix of agriculture, with products like sugarcane, corn, and rice, and a growing services sector, particularly tourism, IT-BPM, manufacturing, and construction. The climate is tropical, characterized by warm temperatures and high humidity year-round, with distinct wet and dry seasons and susceptibility to typhoons. Living costs in the Visayas are generally lower than in major metropolitan areas like Metro Manila, making it an appealing option for those seeking a more affordable lifestyle.