Park Terrace Apartments for rent in Toledo, OH on ForRent.com: (877) 331-8330 - Availability, pricing and special promotions subject to change daily. Unwind after your busy day, in an uncommonly private community tucked away in a park-like setting. Park Terrace Apartments, conveniently located in South Toledo, OH, offers spacious and affordable One and Two Bedroom apartments for rent. Apartment features include private entry, air conditioning, and dishwasher in select units. Community features include sparkling swimming pool with sun deck, on-site fitness center, and a caring on-site management and maintenance team. We're located minutes from the University of Toledo, Downtown Toledo, shopping and restaurants, and all major highways.