
Cheap Apartments for Rent near Gormley, ON from $1,415 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in Gormley.


Park Willow Developments

Faywood-Vinci Community

Midland Complex

Goldengate

Tippett Park

185 Shaughnessy Blvd

La Corona

274-278 Cedar Avenue

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Redpath Towers
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Bakerfield

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21 Welsford Gdns

The Foresite

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6171 Bathurst St

25 Lorne Ave

Shaughnessy Place

Poplar Grove

Elm Grove

75 Huron Heights

1 Deauville Lane
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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2960 Don Mills Rd

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Elmpark Manor Apartments 1

Fifeshire Towers

Rosslyn Residence

Cedar Grove

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10 Grenoble

Hunters Lodge Apts. Inc.

114 Holland St W

Valencia Towers South

40 Tuxedo Court
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Oakview Heights

York Mills Apartments - 1200 York Mills

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7 St. Dennis

Richelieu

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Parkside Square

Valencia Towers North

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6161 Bathurst St

10 Bridletowne Circle 20, 30, 40 & 50 Aurora

100 Sprucewood Ct

10, 40, 50 Carabob Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Emery Crossing

Ashby Apartments

125 Neptune

The Devon

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ONE225 York Mills

110 Inverlochy Boulevard

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3030 Pharmacy Avenue

1875 Steeles Avenue West

4415 Bathurst Street

Valley Court
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Gormley, ON Local Guide
How much does it cost to rent an apartment in Gormley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gormley Studio Apartments | $1,901 | $1,415 | $2,445 |
| Gormley 1 Bedroom Apartments | $2,169 | $1,515 | $3,150 |
| Gormley 2 Bedroom Apartments | $2,560 | $1,997 | $3,912 |
| Gormley 3 Bedroom Apartments | $3,225 | $2,500 | $4,395 |
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Gormley, ON Local Guide
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Cheapest Available Gormley Apartments for Rent and Nearby
 The cheapest available apartment rental in Gormley, ON is a Studio unit found at Park Terraces North & South in the Banbury Don Mills York Mills neighborhood priced from $1,415. Park Willow Developments in the Willowdale East Newtonbrook East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,649. Here is today’s list of the most affordable Gormley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Terraces North & South | Bachelor | Studio,1BA | $1,415 |
| Park Willow Developments | Bach | Studio,1BA | $1,649 |
| Faywood-Vinci Community | Studio | Studio,1BA | $1,675 |
| Midland Complex | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $1,699 |
| Goldengate | One Bedroom | 1BR,1BA | $1,739 |
| Tippett Park | Residence One | Studio,1BA | $1,750 |
| 185 Shaughnessy Blvd | 1-Bedroom | 1BR,1BA | $1,750 |
| 274-278 Cedar Avenue | Studio | Studio,1BA | $1,770 |
| Redpath Towers | BACHELOR | Studio,1BA | $1,775 |
| The Bakerfield | One Bedroom | 1BR,1BA | $1,794 |
Best Value Apartments for Rent in Gormley, ON and Nearby
As of August 29, 2026 the best value apartment in the Gormley area is the $2.21 price per square foot 3 Bedroom Model at Rosslyn Residence in the in the Bathurst Manor neighborhood starting from $2,650. The second greatest value Gormley apartment is the 2 Bedroom - Renovated Model at Oakview Heights starting at $2,295 with a $1.94 price per square foot in the Black Creek neighborhood. Here is today’s list of the best values for Gormley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Rosslyn Residence | 3 Bedroom | 3BR,1BA | $2.21 |
| Oakview Heights | 2 Bedroom - Renovated | 2BR,1BA | $1.94 |
| Warren Court Apartments | 3 Bedroom | 3BR,2BA | $2.23 |
| 111 Inverlochy Boulevard | Two bedroom,one bathroom | 2BR,1BA | $2.39 |
| 2293 Eglinton Ave E | 2 Bed 1 Bath | 2BR,1BA | $2.22 |
| 125 Bamburgh Circ | 2 Bedroom | 2BR,1BA | $2.42 |
| Shaughnessy Place | 2 Bedroom | 2BR,1BA | $2.26 |
| Willowdale Apartments | 1 bedroom | 1BR,1BA | $2.34 |
| 10, 40, 50 Carabob Ct | One Bedroom | 1BR,1BA | $2.38 |
| 185 Shaughnessy Blvd | 1-Bedroom | 1BR,1BA | $2.32 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gormley, ON Rentals by Map
See the most popular apartments and homes in Gormley, ON
Frequently Asked Questions about Cheap Gormley Apartments
What is the Cheapest Studio apartment in Gormley?
Currently the most affordable Cheap Studio Apartment in Gormley is at Park Terraces North & South listed at $1,415.
How much is rent for a Cheap One Bedroom Gormley Apartment?
The lowest price for a Cheap One Bedroom Gormley Apartment is $1,515 at Park Terraces North & South.
What is the lowest price for a Cheap Two Bedroom Gormley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gormley is starting from $2,013 at 75 Huron Heights.
What is the most affordable Gormley Three Bedroom Apartment?
The best deal on a cheap Gormley Three Bedroom Apartment rental is at Warren Court Apartments and starts from $2,500.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.