Cheap Homes for Rent in Lakeshore, ON from $1,500 (10 Rentals)

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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.

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.

Lakeshore, ON Local Guide

Cheapest Available Lakeshore Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakeshore, ON is a Studio unit found at 2670 MEADOWBROOK LANE priced from $1,346. 2625 SYCAMORE DRIVE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here is today’s list of the most affordable Lakeshore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2670 MEADOWBROOK LANEStudioStudio,1BA$1,346
2625 SYCAMORE DRIVE1 Bedroom1BR,1BA$1,399
King Edward1 Bedroom, 1 Bathroom1BR,1BA$1,470

Best Value Apartments for Rent in Lakeshore, ON and Nearby

As of June 25, 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 Bedroom + Den, 2 Bathroom Model at Alexander Park starting at $2,440 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2620 SYCAMORE DRIVE2 Bedroom2BR,1BA$1.18
Alexander Park2 Bedroom + Den, 2 Bathroom2BR,1BA$2.49
2776 MEADOWBROOK LANE2 Bedroom2BR,1BA$2.13
Southfield Green Apartments2 Beds, 1 Baths2BR,1BA$2.21
Lakeview Towers ResidencesLake View 2 Bedroom2BR,1BA$2.28
Trinity Gate - 4755 Walker RdCastillo - Ueranda1BR,1BA$2.42
3801 Riverside Drive East1 Bedroom1BR,1BA$2.07
Place Tecumseh Apartments1 Beds, 1 Baths1BR,1BA$2.35
2625 SYCAMORE DRIVE1 Bedroom1BR,1BA$1.95
Plaza East Apartments1 Beds, 1 Baths1BR,1BA$2.39

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.

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Real 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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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lakeshore

What type of rentals are currently available in Lakeshore?

There are currently 32 Apartments for Rent in Lakeshore, ON with pricing that ranges from $1,346 to $2,932. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeshore ranging from $1,550 to $3,800.

What is the current price range for Rental Homes in Lakeshore?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeshore ranges from $1,550 to $3,800 with an average monthly rent of $2,561.

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

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.