Ottawa, Toledo, OH 43606 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Ottawa, Toledo, OH—43606

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$187,000

6.7% YoY Growth

Household Income

$60,300

44.2% YoY Growth

Days on Market

1.0% Shorter YoY

Home Price Forecast

2.3%

Median Rent

$875

2.8% YoY Growth

1-Bed Rent

$720

0.4% YoY Growth

2-Bed Rent

$875

7.3% YoY Growth

3-Bed Rent

$1,100

6.2% YoY Growth

Home Price Trends — Ottawa, Toledo, OH

As of Dec '25, the median home price in Ottawa, Toledo, OH is $187,000, with a year-over-year change of 6.7%. This indicates that home prices in Ottawa, Toledo, OH are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$187,000	6.7%
Single Family	$189,000	6.8%
Condos	$156,000	6.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Ottawa, Toledo, OH

As of July '25, Rentcast reports the average rent in Ottawa, Toledo, OH is $1,050, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Ottawa, Toledo, OH is studios: $1,010, 1-bedrooms: $736, 2-bedrooms: $1,040, 3-bedrooms: $1,200, 4-bedrooms: $2,570. The most common rental property sizes in Ottawa, Toledo, OH are 2-bedroom and 1-bedroom, accounting for 39.6% and 28.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$875	$1,050
Studio Rent	$1,010	$1,010
1 Bed Rent	$720	$736
2 Bed Rent	$875	$1,040
3 Bed Rent	$1,100	$1,200
4 Bed Rent	$2,550	$2,570

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% of Rental Stock

Studio

3.6%

1 Bedroom

28.3%

2 Bedrooms

39.6%

3 Bedrooms

21.7%

4 Bedrooms

6.2%

5+ Bedrooms

0.6%

Property Listings — Ottawa, Toledo, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Ottawa, Toledo, OH is 32. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$173,000	1.0%
Listing Count	70	69.0%
Listings as % of Homes	0.3%	69.0%
Days on Market	50	-1.0%

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Demographics — Ottawa, Toledo, OH

As of the latest ACS Survey released in 2023, Ottawa, Toledo, OH has a population of 24,600, which has decreased by -2.3% over the past 5 years. Ottawa, Toledo, OH is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 41.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,600	-2.3%
% Under 18	17.8%	-6.8%
% Seniors	15.3%	4.1%
% WFH	7.9%	125.7%
% w/ College Degree	41.9%	6.3%

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As of the latest ACS Survey released in 2023, Ottawa, Toledo, OH is a predominantly white area, with 59.1% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Ottawa, Toledo, OH is black, making up 28.7% of the population. Foreign-born residents account for 6.5% of the population in Ottawa, Toledo, OH, and this percentage has increased by 16.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	59.1%	2.2%
% Black	28.7%	-7.4%
% Hispanic	4.3%	26.5%
% Asian	2.6%	-13.3%
% Foreign Born	6.5%	16.1%

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Mortgage and Risk — Ottawa, Toledo, OH

According to HUD data as of 2023, there were 353 mortgage originations in Ottawa, Toledo, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Ottawa, Toledo, OH. Investor activity is low, as 4.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	353
% Conventional Loans	84.0%
% Government Loans	16.0%
% Investor Loans	4.0%
% Second Loans	1.0%
% Cash Out Refinance	10.0%

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Rentals and Section 8 — Ottawa, Toledo, OH

As of 2024, the percent of homes in Ottawa, Toledo, OH under the Section 8 program is 10.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Ottawa, Toledo, OH, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	506
Total Units Section 8	492
% Rentals under Section 8	10.8%
% Occupied Section 8	89.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$70	$720	$790
2 Bedroom	$155	$875	$1,030
3 Bedroom	$240	$1,100	$1,340
4 Bedroom	-$1,150	$2,550	$1,400

Ottawa, Toledo, OH—43606

Key Metrics at a Glance

Home Price Trends — Ottawa, Toledo, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ottawa, Toledo, OH

% of Rental Stock

Property Listings — Ottawa, Toledo, OH

Demographics — Ottawa, Toledo, OH

Race and Ethnicity

Mortgage and Risk — Ottawa, Toledo, OH

Mortgages

Rentals and Section 8 — Ottawa, Toledo, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Ottawa, Toledo, OH

Home Price to Income Ratio

Ottawa, Toledo, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Scott Park, Toledo, OH

West Toledo, Toledo, OH

Junction, Toledo, OH

Franklin Park, Toledo, OH

South End, Toledo, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.5
Median Home Price	$187,000
Median Household Income	$60,300

Ottawa, Toledo, OH—43606

Key Metrics at a Glance

Home Price Trends — Ottawa, Toledo, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Ottawa, Toledo, OH

% of Rental Stock

Property Listings — Ottawa, Toledo, OH

Demographics — Ottawa, Toledo, OH

Race and Ethnicity

Mortgage and Risk — Ottawa, Toledo, OH

Mortgages

Rentals and Section 8 — Ottawa, Toledo, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Ottawa, Toledo, OH

Home Price to Income Ratio

Ottawa, Toledo, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Scott Park, Toledo, OH

West Toledo, Toledo, OH

Junction, Toledo, OH

Franklin Park, Toledo, OH

South End, Toledo, OH

Frequently Asked Questions

What is the average home price in Ottawa, Toledo, OH 43606?

How have home prices in Ottawa, Toledo, OH 43606 changed over the past year?

What is the home price projection for Ottawa, Toledo, OH 43606?

What are the demographics of Ottawa, Toledo, OH 43606?

How long does it take homes to sell in Ottawa, Toledo, OH 43606?

What is the average rent price in Ottawa, Toledo, OH 43606?