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Toledo city, OH

ZIP 43620 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 43620

Median Home Value
$115,600
Median Rent
$486
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$743/mo PITI).

27%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

19.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 43620 in Toledo city, OH, a household would need roughly $32,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $743. That is about 49% above the local median household income ($21,405), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 23% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
29.1%-56% vs US avg
x
Vacancy Rate
22.9%+122% vs US avg
x
Broadband Access
76.3%-12% vs US avg
x
4+ Bedrooms
7.5%-49% vs US avg
x
Built Pre-1939
9.2%-28% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
23.4%-53% vs US avg
x
Mortgage-Free
37.1%-3% vs US avg
x
$115,600
Home Value
$486
Rent
1938
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached40.6%
  • 1-unit attached5.5%
  • 2-9 units25.4%
  • 10+ units28.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$115,600
Median rent$486
Owner-occupied29.1%
Vacant22.9%
Price-to-income5.4x
Est. income to buy$32,000