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Rent in Toledo, OR

A 2-bedroom in Toledo, OR (ZIP 97391) typically rents for about $1,087 a month, with a range of $1,087–$1,400. Owner-occupied homes in Lincoln County pay about 0.81% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Toledo, OR by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,063$1,0631
1 bed$1,070$1,0701
2 beds$1,087$1,087–$1,4001
3 beds$1,102$1,102–$1,8921
4 beds$2,340$2,3401

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Toledo ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Toledo, OR?
About $1,087 a month: the median of the typical rents in 1 ZIP code, which range from $1,087–$1,400. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Toledo, OR?
About $1,070 a month: the median of the typical rents in 1 ZIP code, which range from $1,070. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Toledo, OR?
About $1,102 a month: the median of the typical rents in 1 ZIP code, which range from $1,102–$1,892. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Toledo, OR?
About $1,063 a month: the median of the typical rents in 1 ZIP code, which range from $1,063. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Toledo, OR?
About $2,340 a month: the median of the typical rents in 1 ZIP code, which range from $2,340. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Toledo, OR?
Owner-occupied homes in Lincoln County pay a typical 0.81% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Toledo rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).