Apartments for Rent in Franklin Park, Toledo, OH

Franklin Park, Toledo apartment availability

Franklin Park's rental market offers a good selection of listings, with an average of 36 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, making it a great option for singles, couples, and small families. Many apartments in Franklin Park offer desirable amenities, including on-site laundry, which is available in nearly 74% of apartments, and pet-friendly options, which are available in over 71% of apartments. With its convenient amenities and range of apartment sizes, Franklin Park is a popular choice for renters in Toledo.

Franklin Park, Toledo rental market trends

Franklin Park's rental market saw a significant increase of about 11.6% last year, with the average monthly rent reaching $813.73. Breaking it down by bed count, 1-bedrooms averaged $727.31 per month, a 3.6% annual increase, while 2-bedrooms averaged $901.83, a 8% increase. The average rent for a 3-bedroom was $1,421.43, up 2.3% from the previous year.

Rents in Franklin Park tend to peak in October, with a 16% increase compared to February, the month with the lowest average rent. This suggests that those looking for a new apartment may find better deals during the winter months. However, it's essential to note that the rental market can be competitive, especially during the peak season. By understanding these trends, renters can make informed decisions about their housing search.

Why Franklin Park, Toledo is a great place to live

Franklin Park stands out as a top choice for renters prioritizing environmental sustainability and social living. The neighborhood's focus on eco-friendly practices is evident in its use of non-toxic paint, waste recycling, and rainwater harvesting in many of its apartments. Additionally, the abundance of parks and recreation areas, along with a high walk score, make it an ideal location for those seeking a greener lifestyle. Franklin Park's social scene is also thriving, thanks to its numerous restaurants, well-maintained street infrastructure, and convenient transit options. With a strong emphasis on safety, renters can feel comfortable exploring the neighborhood and connecting with friends. Overall, Franklin Park offers a unique blend of sustainability and community, making it an attractive option for like-minded renters.