Zumper
modified
3 Days Ago

Highlights

  • Pet Friendly
  • Spacious apartment homes
  • Picnic areas
  • Park-like setting
  • Residential neighborhood

Location

5240 Oakridge Drive, Toledo, Ohio 43623, United States|Franklin Park
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Tour Oakridge Apartments

Contact

Management

The Best Apartment Communities in Toledo

Leasing office

(844) 334-0143 ext. 5813

Property Overview

Oakridge Apartments offers excellent value for money, ranking in the 100th percentile compared to nearby properties. The location features convenient access to top-rated educational institutions, with the nearest elementary school just 0.2 miles away and the nearest high school within less than a mile. Additionally, the property enjoys a strong value per square foot, positioned in the 83.33rd percentile, enhancing its appeal in the local market.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, Oakridge Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Oakridge Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • More space
  • High school nearby

Great for

  • Pet owners

Floor plans

2/12 bed1 bath872 sqft$895 /mo

Let's explore this property.

Amenities for Oakridge Apartments

Apartment Amenities

Air ConditioningCarpet
Central HeatDryer
HeatingLaminate Counter Tops
Vinyl FlooringWalk-in Closet
Window Coverings

Appliances

DishwasherGarbage Disposal
In-Unit LaundryRange
Refrigerator

Tech

CableClimate Control
High-Speed Internet

Building

Cats OKControlled Access
Dogs OKSmoke-free

Services

Valet Trash Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Application Fee

One-time.

Contact Property

REQUIRED FEES

Admin Fee

One-time.

$75

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit1
Breed restrictionsYes

Oakridge Apartments welcomes one small pet (cat or dog) with a maximum weight of 25 lbs. at maturity. Pet licensure is required and proof that pet is up to date on all vaccinations is also required. A non-refundable pet fee of $300.00 is required prior to the pet being approved for occupancy as well as a monthly pet rent of $35.00. Resident agrees that they will be financially responsible for any and all cleaning, deodorization, and damage charges resulting from the pet.

Cat Policy

Allowed
Limit1

Cat

Pet Rent

Monthly. 1 cat max.

Contact Property

Pet Fee

One-time fee per pet.

$0

Pet Deposit

One-time deposit per pet.

$0

Dog

Pet Rent

Monthly. 1 dog max.

Contact Property

Pet Fee

One-time fee per pet.

$0

Pet Deposit

One-time deposit per pet.

$0

Questions about this property’s policies and fees?

Building details

Property details

Units48
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About Oakridge Apartments

HomeApartments in ToledoFranklin Park Oakridge Apartments

Welcome Home to Oakridge Apartments - a 55 & Over Community! Our community is designed for your convenience with locked intercom entries, spacious apartment homes, convenient on-site rental payment options, top-notch maintenance service and more! You'll love the park-like setting as well as the picnic areas. This community is located in a residential neighborhood in the Washington Local School District. Call today for your personal tour!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, Oakridge Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Oakridge Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Oakridge Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Oakridge Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Oakridge Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Oakridge Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Oakridge Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Oakridge Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Oakridge Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Oakridge Apartments is great for:

Pet owners

  • 4 pet hospitals in the area
  • 3 pet supply stores near the property
  • 1 pet grooming service nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Oakridge Apartments compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 2-bedroom is 72 sqft larger than other listings nearby
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Dishwasher
Dishwasher available in kitchen
Walk-in closet
More closet space on average

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Franklin Park

2-bedroom apartments at Oakridge Apartments cost about 10% less than the average rent price for 2-bedroom apartments in Franklin Park.

Median rents as of Dec 6 2025.
Franklin Park
Toledo
A table of 1-bedroom apartment rental data trends in Toledo
MonthMedian Rent
December 2023$675
January 2024$667
February 2024$699
March 2024$701
April 2024$697
May 2024$699
June 2024$700
July 2024$703
August 2024$723
September 2024$737
October 2024$729
November 2024$750
December 2024$755
January 2025$764
February 2025$750
March 2025$749
April 2025$750
May 2025$748
June 2025$748
July 2025$750
August 2025$745
September 2025$761
October 2025$750
November 2025$750
December 2025$765
A table of 1-bedroom apartment rental data trends in Franklin Park
MonthMedian Rent
December 2023$708
January 2024$635
May 2024$792
June 2024$773
July 2024$778
August 2024$780
September 2024$782
October 2024$799
November 2024$773
December 2024$769
January 2025$786
February 2025$790
March 2025$781
April 2025$745
May 2025$727
June 2025$727
July 2025$732
August 2025$773
September 2025$779
October 2025$750
November 2025$791
December 2025$806

Affordability calculator

Can I afford to live at 5240 Oakridge Drive?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.

Schools near Oakridge Apartments

McGregor Elementary School

3535 mcgregor ln

toledo, OH, 43623

K-6Public
B-
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Internet available near Oakridge Apartments

Neighborhood

Franklin Park | Toledo, OH

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Toledo near 5240 Oakridge Drive

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

1/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 5240 Oakridge Drive, Toledo

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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