Toledo Eviction Rates Climb to Six-Year High
What happened
Eviction filings in Toledo Municipal Court reached 646 in September, marking the highest number in six years. According to the Eviction Lab, Toledo's eviction filing rate is 11%, which is higher than rates reported in Cincinnati, Cleveland, and Columbus. The city is currently on track to record its highest number of evictions since January 2020.
From 13abc.com
Why it matters
The high rate is linked to affordability issues, with many residents spending over 30% of their income on housing costs. Furthermore, the process of eviction is costly for landlords, requiring hundreds of dollars for court filings and attorney fees in Toledo.
From 13abc.com
Who's involved
- ToledoThe city experiencing the rise in eviction rates
- Owens-IllinoisAmerican manufacturing company that previously had headquarters in Toledo
- ArmstrongFire and Rescue Chief for Toledo
- JeepUS automotive company that supplies products daily to Toledo
- Marcy KapturAmerican politician involved in a past incident with Toledo
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ToledoSpeculative
The local housing market could face increased pressure on rental supply and stability due to rising eviction rates.
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The entities involved
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Toledo
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