ZIP Code · OH

ZIP 43605

Part of Toledo, OH

Pop. 24,441·Lucas County·176th most expensive ZIP in Ohio

Median rent (all units)

$1,168/mo

Year-over-Year

+5.2%

Month-over-Month

-1.0%

vs US Median

-$764

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 43605 · $1,168

More affordable than 93% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$770

1 BR

$820

2 BR

$1,080

3 BR

$1,390

4 BR+

$1,460

Research median

$1,080/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 43605 is 1% below its high of $1,180 in August 2026, at $1,168 as of September 2026.

Past year vs. the rest of Ohio

Rent in ZIP 43605 changed +5.2% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($39,118) is $978 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($820); a 2-bedroom is $1,080.

Rank in Toledo

7th cheapest of 10 ZIP codes in Toledo.

Cheaper nearby

ZIP 43623, 8 miles away, rents for 10% less ($1,047/mo), about $1,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 43605. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,016/yr

At $1,168/mo median

Location

CityToledo

StateOH

CountyLucas County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (5.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+5.2% YoY, -1.0% MoM), not inventory.

Demographics

Who lives here

ZIP 43605 (Toledo, OH) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 9.7% of residents hold a bachelor's degree or higher.

Population

24,441

Median income

$39,118

Median age

33.1

Renters

51.9%

Age distribution

27.8%

24.4%

25.7%

13.3%

Under 1827.8%

18–3424.4%

35–5425.7%

55–6413.3%

65+8.8%

Gender

48%

52%

Male48%

Female52%

Race & ethnicity

59%

14.5%

18.2%

White59%

Black14.5%

Hispanic18.2%

Asian0.7%

Other7.5%

Education (25+)

20.4%

39%

30.9%

No HS diploma20.4%

HS diploma39%

Some college30.9%

Bachelor's+9.7%

Housing tenure

48.1%

51.9%

Owner48.1%

Renter51.9%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How ZIP 43605 in Toledo, OH has changed in 5 years

Rent

$1,000 → $1,168

up 16.8%

Income

$31,383 → $39,118

up 24.6%

Population

25,359 → 24,441

down 3.6%

Renter share

55.9% → 51.9%

-4.0 pts

Bachelor's+

8% → 9.7%

+1.7 pts

Five years ago, renters in ZIP 43605 in Toledo, OH paid around $1,000 a month. That figure now sits near $1,168, up 16.8% from the 2022 baseline. Household income in the area moved from $31,383 to $39,118 across the same window, up 24.6% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 43605 in Toledo, OH losing about 918 residents over the five-year window, down 3.6% on net. The renter share has eased from 55.9% to 51.9%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 43605 in Toledo, OH look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 43605

Last updated: October 17, 2026

ZIP code 43605 covers Toledo, OH. The median rent here is $1,168/mo as of October 2026. A 1-bedroom rents for a median of $820/mo. A 2-bedroom rents for a median of $1,080/mo.

At 36% of local median household income ($39,118/yr), ZIP 43605 ranks as moderate compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43605?

To keep rent at or below 30% of gross income, you would need to earn at least $47,000/year (about $23/hour full-time) to afford the median rent of $1,168/mo in ZIP 43605. The local median household income is $39,118/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 43605?

Rent in ZIP 43605 has risen 5.2% over the past year as of September 2026. It sits 1% below its high of $1,180 in August 2026.

How does ZIP 43605 compare to other ZIPs in Ohio?

ZIP 43605 is one of the more affordable among Ohio ZIP codes for rent, ranking #176 of 229 at $1,168/mo. Over the year to September 2026, rent in ZIP 43605 changed +5.2%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.