ZIP Code · OH

ZIP 43607

Part of Toledo, OH
Pop. 19,469·Lucas County·165th most expensive ZIP in Ohio
Median rent (all units)
$1,211/mo
Year-over-Year
+10.8%
Month-over-Month
+1.1%
vs US Median
-$721
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 43607 · $1,211
More affordable than 91% of US ZIP codes · National median $1,932/mo
Rent check

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Medians by bedroom

Rent by unit size

Studio
$740
1 BR
$780
2 BR
$1,030
3 BR
$1,320
4 BR+
$1,390
Research median
$1,030/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 43607 is at its highest level since Zillow's records here began in October 2022.

Past year vs. the rest of Ohio

Rent in ZIP 43607 changed +10.8% over the year to September 2026. Across the 190 Ohio ZIP codes Zillow tracks, the typical change was +3.8%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($41,335) is $1,033 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,030); a 3-bedroom is $1,320.

Rank in Toledo

8th cheapest of 10 ZIP codes in Toledo.

Cheaper nearby

ZIP 43613, 4 miles away, rents for 13% less ($1,058/mo), about $1,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 43607. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$14,532/yr
At $1,211/mo median
Location
CityToledo
StateOH
CountyLucas County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.8% YoY, +1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 43607 (Toledo, OH) is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 23.2% of residents hold a bachelor's degree or higher.

Population
19,469
Median income
$41,335
Median age
33
Renters
50.8%
Age distribution
17.7%
35.9%
19.1%
15.6%
Under 1817.7%
18–3435.9%
35–5419.1%
55–6411.6%
65+15.6%
Gender
47.5%
52.5%
Male47.5%
Female52.5%
Race & ethnicity
30.8%
57.6%
White30.8%
Black57.6%
Hispanic6.6%
Asian2.9%
Other2%
Education (25+)
37.3%
32.1%
23.2%
No HS diploma7.4%
HS diploma37.3%
Some college32.1%
Bachelor's+23.2%
Housing tenure
49.2%
50.8%
Owner49.2%
Renter50.8%

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

2023 vs 2026

How ZIP 43607 in Toledo, OH has changed in 5 years

Rent
$955 → $1,211
up 26.8%
Income
$33,505 → $41,335
up 23.4%
Population
20,732 → 19,469
down 6.1%
Renter share
52.9% → 50.8%
-2.1 pts
Bachelor's+
20% → 23.2%
+3.2 pts

Five years ago, renters in ZIP 43607 in Toledo, OH paid around $955 a month. That figure now sits near $1,211, up 26.8% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $33,505 in 2021 to $41,335 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 43607 in Toledo, OH losing about 1,263 residents over the five-year window, down 6.1% on net. The renter share has eased from 52.9% to 50.8%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 20% to 23.2% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 43607 in Toledo, OH market of 2023.

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About renting in ZIP 43607

Last updated: October 17, 2026

ZIP code 43607 covers Toledo, OH. The median rent here is $1,211/mo as of October 2026. A 1-bedroom rents for a median of $780/mo. A 2-bedroom rents for a median of $1,030/mo.

At 35% of local median household income ($41,335/yr), ZIP 43607 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 43607?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,211/mo in ZIP 43607. The local median household income is $41,335/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 43607?

Rent in ZIP 43607 has risen 10.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in October 2022.

How does ZIP 43607 compare to other ZIPs in Ohio?

ZIP 43607 is one of the more affordable among Ohio ZIP codes for rent, ranking #165 of 229 at $1,211/mo. Over the year to September 2026, rent in ZIP 43607 changed +10.8%, against a typical +3.8% across the 190 Ohio ZIP codes Zillow tracks.

How does ZIP 43607 compare to the rest of Toledo?

At $1,211/mo, ZIP 43607 is $60 above the Toledo citywide median of $1,151/mo. It is the 8th cheapest of 10 ZIP codes in Toledo.
Income Affordability
35%
MODERATE

At $1,211/mo, rent takes ~35% of ZIP 43607's median household income ($41,335/yr). The standard benchmark is 30%.

ZIP 43607 35%Benchmark 30%
State income tax2.75–3.5%
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Schools nearby

Public schools near ZIP 43607 (Toledo, OH)

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