
Cheap Apartments for Rent in Mount Albert, ON from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Albert.


1 Lowndes Av

Park Terraces North & South

35 David Salomon

Park Willow Developments

Goldengate

Godstone Place

75 Huron Heights
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.

Poplar Grove

Park Towers

Faywood-Vinci Community

The Bakerfield

Tippett Park

185 Shaughnessy Blvd

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3875 Sheppard Avenue East

Total Monthly Price
2960 Don Mills Rd
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.

Elm Grove

Cedar Grove

1 Deauville Lane

Fifeshire Towers

Hunters Lodge Apts. Inc.

114 Holland St W

Midland Complex

Oakview Heights
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Total Monthly Price
21 Welsford Gdns

Total Monthly Price
La Dorelle

9 Peel St

2545-2545 Simcoe St N

11 Loggers Run

569 Blythwood Sq

The Fairlea

20473 ON-48
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

20473 ON-48

420 Osborne St

25 Brightway Cres

66 Antique Dr

43 Seneca Ave

Bathville Towers

64 Collete Crescent

58 Casa Grande St
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.

2545 Simcoe St N

Total Monthly Price
Seeley Estates
Mount Albert, ON Local Guide
How much does it cost to rent an apartment in Mount Albert?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Albert Studio Apartments | $1,911 | $1,555 | $2,120 |
| Mount Albert 1 Bedroom Apartments | $2,174 | $1,550 | $2,839 |
| Mount Albert 2 Bedroom Apartments | $2,570 | $1,250 | $4,000 |
| Mount Albert 3 Bedroom Apartments | $2,901 | $1,115 | $4,267 |
| Mount Albert 4 Bedroom Apartments | $1,271 | $648 | $2,495 |
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Mount Albert, ON Local Guide
- Nearby Cities
Cheapest Available Mount Albert Apartments for Rent and Nearby
 The cheapest available apartment rental in Mount Albert, ON is a 1 Bed unit found at 1 Lowndes Av in the Simcoe Region neighborhood priced from $1,550. Park Terraces North & South in the Banbury Don Mills York Mills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,555. Here is today’s list of the most affordable Mount Albert apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1 Lowndes Av | 1 Bedroom | 1BR,1BA | $1,550 |
| Park Terraces North & South | Bachelor | Studio,1BA | $1,555 |
| 35 David Salomon | Suite 08A | 1BR,1BA | $1,595 |
| Park Willow Developments | Bach | Studio,1BA | $1,599 |
| Goldengate | One Bedroom | 1BR,1BA | $1,649 |
| The Fairlea | 1 Bedroom | 1BR,1BA | $1,699 |
| 75 Huron Heights | 1 Bed, 1 Bath | 1BR,1BA | $1,736 |
| Park Towers | 1 Bedroom | 1BR,1BA | $1,745 |
| Poplar Grove | 1 Bedroom | 1BR,1BA | $1,745 |
| Faywood-Vinci Community | Studio | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Mount Albert, ON and Nearby
As of June 23, 2026 the best value apartment in the Mount Albert area is the $1.44 price per square foot 2 BDRM W/O Garage Model at Veterans Terrace in the in the Simcoe Region neighborhood starting from $2,300. The second greatest value Mount Albert apartment is the 3 Bedroom Model at Bathville Towers starting at $2,935 with a $1.97 price per square foot in the Bathurst Manor neighborhood. Here is today’s list of the best values for Mount Albert apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Veterans Terrace | 2 BDRM W/O Garage | 2BR,1.5BA | $1.44 |
| Bathville Towers | 3 Bedroom | 3BR,1.5BA | $1.97 |
| Tamarack Woods Townhouses | 3 Bed 1 Bath B | 3BR,1BA | $1.66 |
| Oakview Heights | 2 Bedroom - Renovated | 2BR,1BA | $2.03 |
| Elm Grove | 3 Bedroom | 3BR,1.5BA | $2.35 |
| 3875 Sheppard Avenue East | 2 Bedroom | 2BR,1BA | $2.26 |
| Godstone Place | 2 Bedroom | 2BR,1BA | $2.36 |
| 25 Lorne Ave | 2 Beds, 1 Bath | 2BR,1BA | $2.34 |
| 10, 40, 50 Carabob Ct | One Bedroom | 1BR,1BA | $2.29 |
| The Fairlea | 1 Bedroom | 1BR,1BA | $2.28 |
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 Mount Albert, ON Rentals by Map
See the most popular apartments and homes in Mount Albert, ON
Frequently Asked Questions about Cheap Mount Albert Apartments
What is the Cheapest Studio apartment in Mount Albert?
Currently the most affordable Cheap Studio Apartment in Mount Albert is at Park Terraces North & South listed at $1,555.
How much is rent for a Cheap One Bedroom Mount Albert Apartment?
The lowest price for a Cheap One Bedroom Mount Albert Apartment is $1,550 at 1 Lowndes Av.
What is the lowest price for a Cheap Two Bedroom Mount Albert Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mount Albert is starting from $1,850 at 1 Lowndes Av.
What is the most affordable Mount Albert Three Bedroom Apartment?
The best deal on a cheap Mount Albert Three Bedroom Apartment rental is at 1 Lowndes Av and starts from $2,250.
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

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.

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.

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.