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Toledo Housing Crisis: Prices Surge Amid Investor Purchases

2/13/2026

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Story summary
  • Toledo, Ohio's housing crisis is driven by out-of-state and international investors buying properties, pushing up prices and rents.
  • The city’s median house price rose 13.1% year over year.
  • Rents have risen 43% since 2021.
  • J Kushner & Associates and Riparian Management have been criticized for neglecting tenant needs.
  • Foreign LLCs have purchased over 3,000 properties, contributing to vacancies and a growing unhoused population.