Moving in or out mid-month in Toledo? Enter your monthly rent and date to calculate exactly what you owe for a partial month, with Ohio deposit and notice rules for 2026.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Prorated rent is what you pay for a partial month when you move in or out on a day other than the first. With average Toledo rent near $850/month, the standard method divides monthly rent by the days in the month and multiplies by days occupied. Ohio sets no cap on security deposits, but a deposit greater than one month's rent or $50 (whichever is larger) that is held for more than six months must earn 5% annual interest. The landlord must return the deposit, with an itemized statement of any deductions, within 30 days of move-out. A 30-day written notice generally ends a month-to-month tenancy.
| Rule (Ohio) | Detail |
|---|---|
| Average 1-bedroom rent | $850/month |
| Average 2-bedroom rent | $1,050/month |
| Security deposit limit | no statutory cap (set by lease) |
| Deposit return deadline | 30 days after move-out |
| Month-to-month notice | 30 days written notice |
| Standard proration formula | Rent ÷ days in month × days occupied |
Example: rent is $850, move-in is the 10th of a 30-day month, so 21 days remain. Prorated rent is ($850 ÷ 30) × 21 = $595.
Toledo sits at the western end of Lake Erie and is historically known as the Glass City, with an economy built on glass and automotive manufacturing (including Jeep), healthcare, the Port of Toledo, and the University of Toledo.
| Local Metric | Toledo (2026 estimate) |
|---|---|
| Metro population | 270,000 |
| County / jurisdiction | Lucas County |
| Cost of living index (US avg = 100) | 88 |
| MIT living wage, single adult | $17.50/hour |
| MIT living wage, one earner supporting a family of four | $37.50/hour |
| Applicable minimum wage | $11.00/hour |
| Average rent, 1-bedroom | $850/month |
| Average rent, 2-bedroom | $1,050/month |
| Median home price | $125,000 |
| Median household income | $45,000/year |
| Combined sales tax rate | 7.75% |
| Effective property tax rate | 2% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
Divide your monthly rent by the number of days in the move-in month, then multiply by the days you occupy the unit. For example, $850 rent divided by 30 days times 15 days occupied is $425. Use the calculator above for your dates.
Average rent in Toledo is about $850/month for a 1-bedroom and $1,050 for a 2-bedroom, which is why getting proration right matters when you move mid-month.
In Ohio the security deposit limit is no statutory cap (set by lease). The deposit must be returned within 30 days of move-out with an itemized statement of any deductions. Ohio sets no cap on security deposits, but a deposit greater than one month's rent or $50 (whichever is larger) that is held for more than six months must earn 5% annual interest. The landlord must return the deposit, with an itemized statement of any deductions, within 30 days of move-out. A 30-day written notice generally ends a month-to-month tenancy.
In Ohio, 30 days of written notice generally ends a month-to-month tenancy, though your lease may require more. Notice timing also affects your final prorated rent.
There is no statute mandating a specific proration method in Ohio, but most landlords prorate as standard practice. Confirm the method in writing in your lease before signing to avoid disputes.