
Cheap Apartments for Rent in Lakeshore, ON from $1,300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakeshore.


397 Hemlock Ln

2670 MEADOWBROOK LANE

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King Edward

2625 SYCAMORE DRIVE

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Mintz River

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Trinity Apartments

2620 SYCAMORE DRIVE
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.

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Riverside Tower

Spanish Trio

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3801 Riverside Drive East

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Alexander Park

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Lakeview Towers Residences

133 Laird Ave

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The Grand Regent at Riverside

Rosewater Apartments
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.

Banwell Court

282 ROSSINI LOWER

Princess Manor Apartments

151 Lane St

St. Rose Apartments

150 PARK 908 Park, Unit 908

Tecumseh Terrace Apartments

Place Tecumseh Apartments
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.

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2776 MEADOWBROOK LANE

26 Alice St N, Unit 303

26 Alice St N, Unit 405

Joinville A

127 Talbot St N, Unit 7

930 Marion Ave

Fort Street Townhomes

Plaza East Apartments
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.

11941 Tecumseh Rd E, Unit 404
Lakeshore, ON Local Guide
How much does it cost to rent an apartment in Lakeshore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeshore Studio Apartments | $1,346 | $1,346 | $1,346 |
| Lakeshore 1 Bedroom Apartments | $1,878 | $1,470 | $2,465 |
| Lakeshore 2 Bedroom Apartments | $2,229 | $1,549 | $2,932 |
| Lakeshore 3 Bedroom Apartments | $1,931 | $1,749 | $2,245 |
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Lakeshore, ON Local Guide
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Cheapest Available Lakeshore Apartments for Rent
 The cheapest available apartment rental in Lakeshore, ON is a Studio unit found at 2670 MEADOWBROOK LANE priced from $1,346. King Edward has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,470. Here is today’s list of the most affordable Lakeshore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2670 MEADOWBROOK LANE | Studio | Studio,1BA | $1,346 |
| King Edward | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,470 |
| Mintz River | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,510 |
| 2625 SYCAMORE DRIVE | 2 Bedroom | 2BR,1BA | $1,549 |
| Trinity Apartments | 1 Bedroom, 1 Bathroom, JR | 1BR,1BA | $1,555 |
| 2620 SYCAMORE DRIVE | 2 Bedroom | 2BR,1BA | $1,599 |
| Riverside Tower | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,600 |
| Spanish Trio | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,640 |
| Place Tecumseh Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,655 |
| 3801 Riverside Drive East | 1 Bedroom | 1BR,1BA | $1,683 |
Best Value Apartments for Rent in Lakeshore, ON
As of July 27, 2026 the best value apartment in the Lakeshore area is the $1.18 price per square foot 2 Bedroom Model at 2620 SYCAMORE DRIVE in the starting from $1,599. The second greatest value Lakeshore apartment is the 2 Beds, 2 Baths Model at Southfield Green Apartments starting at $2,456 with a $2.49 price per square foot . Here is today’s list of the best values for Lakeshore apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2620 SYCAMORE DRIVE | 2 Bedroom | 2BR,1BA | $1.18 |
| Southfield Green Apartments | 2 Beds, 2 Baths | 2BR,2BA | $2.49 |
| Alexander Park | 2 Bedroom + Den, 2 Bathroom | 2BR,1BA | $2.49 |
| The Grand Regent at Riverside | 2 Bedroom, 1 Bath | 2BR,1BA | $2.53 |
| 2625 SYCAMORE DRIVE | 2 Bedroom | 2BR,1BA | $1.65 |
| 2776 MEADOWBROOK LANE | 2 Bedroom | 2BR,1BA | $2.13 |
| Lakeview Towers Residences | Lake View 2 Bedroom | 2BR,1BA | $2.28 |
| Trinity Gate - 4755 Walker Rd | Castillo - Ueranda | 1BR,1BA | $2.42 |
| 3801 Riverside Drive East | 1 Bedroom | 1BR,1BA | $2.07 |
| Place Tecumseh Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.30 |
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.
Read ArticleQuick Rent Budget Calculator
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 Lakeshore, ON Rentals by Map
See the most popular apartments and homes in Lakeshore, ON
Frequently Asked Questions about Cheap Lakeshore Apartments
How much is rent for a Cheap One Bedroom Lakeshore Apartment?
The lowest price for a Cheap One Bedroom Lakeshore Apartment is $1,470 at King Edward.
What is the lowest price for a Cheap Two Bedroom Lakeshore Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakeshore is starting from $1,549 at 2625 SYCAMORE DRIVE.
What is the most affordable Lakeshore Three Bedroom Apartment?
The best deal on a cheap Lakeshore Three Bedroom Apartment rental is at 2620 SYCAMORE DRIVE and starts from $1,749.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.