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Rent Tracker
The average asking rent in Toledo, OH is $1,197/month as of 2026-03. That is +4.6% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) · zillow.com/research
Current Avg Rent
$1,197/mo
as of 2026-03
Year-over-Year Change
+4.6%
Monthly ZORI index values for Toledo, OH.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-03 | $1,197 | +0.17% |
| 2026-02 | $1,195 | +0.17% |
| 2026-01 | $1,193 | -0.08% |
| 2025-12 | $1,194 | +0.42% |
| 2025-11 | $1,189 | +0.25% |
| 2025-10 | $1,186 | +0.59% |
| 2025-09 | $1,179 | +0.34% |
| 2025-08 | $1,175 | +0.51% |
| 2025-07 | $1,169 | +0.17% |
| 2025-06 | $1,167 | +0.34% |
| 2025-05 | $1,163 | +0.95% |
| 2025-04 | $1,152 | +0.70% |
| 2025-03 | $1,144 | +0.18% |
| 2025-02 | $1,142 | -0.17% |
| 2025-01 | $1,144 | +0.09% |
| 2024-12 | $1,143 | +0.18% |
| 2024-11 | $1,141 | -0.09% |
| 2024-10 | $1,142 | +0.18% |
| 2024-09 | $1,140 | +0.00% |
| 2024-08 | $1,140 | +0.53% |
| 2024-07 | $1,134 | +0.44% |
| 2024-06 | $1,129 | +0.98% |
| 2024-05 | $1,118 | +0.99% |
| 2024-04 | $1,107 | — |
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
Data: Zillow Research ZORI · Updated monthly · Price Inflation Report