Cheap Apartments for Rent near North York, ON from $895 (437 Rentals)

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Search the lowest-cost Apartments available for rent right now in North York.

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440 Winona Drive
$1,300 - $2,300

Total Monthly Price

Base Rent$1,300 - $2,300
Total Monthly Price$1,300 - $2,300
Studio to 2 Bedroom Apartments Available Now

440 Winona Drive

440 Winona DrToronto, ON M6E 3P9
Student Housing
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  • Utilities Included
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15 Bater Ave
Rent Specials
$1,400 - $2,100

Total Monthly Price

Base Rent$1,400 - $2,100
Total Monthly Price$1,400 - $2,100
Studio to 2 Bedroom Apartments Available Now

15 Bater Ave

15 Bater AveToronto, ON M4K 2S4
Affordability
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  • Utilities Included

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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Upper Canada Apartments 165
$1,495Studio Apartments Available Soon

Upper Canada Apartments 165

165 Erskine AveToronto, ON M4P 2A1
Affordability
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  • Utilities Included

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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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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2837 Yonge Street
Rent Specials
$1,599 - $2,499

Total Monthly Price

Base Rent$1,599 - $2,499
Total Monthly Price$1,599 - $2,499
Studio to 2 Bedroom Apartments Available Now

2837 Yonge Street

2837 Yonge StToronto, ON M4N 2J6
Furnished
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  • Utilities Included
  • Smoke Free
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Northwoods Village
Rent Specials
$1,599 - $2,649

Total Monthly Price

Base Rent$1,599 - $2,649
Total Monthly Price$1,599 - $2,649
Studio to 4 Bedroom Apartments Available Now

Northwoods Village

32-51 Brookwell DrToronto, ON M3M 2Y1
Pet Friendly
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869 Avenue Rd
Rent Specials
$1,599

Total Monthly Price

Base Rent$1,599
Total Monthly Price$1,599
Studio Apartments Available Oct 1

869 Avenue Rd

869-875 Avenue RdToronto, ON M5P 2K5
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The Latimer Apartments
Rent Specials
$1,600 - $1,700

Total Monthly Price

Base Rent$1,600 - $1,700
Total Monthly Price$1,600 - $1,700
Studio to 1 Bedroom Apartments Available Now

The Latimer Apartments

560 Eglinton Ave WToronto, ON M5N 1B8
Student Housing
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  • Smoke Free

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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Ava Manor
Rent Specials
$1,609 - $3,457

Total Monthly Price

Base Rent$1,609 - $3,457
Total Monthly Price$1,609 - $3,457
Studio to 3 Bedroom Apartments Available Now

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
Student Housing
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  • Utilities Included
  • 3D Tour

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.

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North York, ON Local Guide

Cheapest Available North York Apartments for Rent and Nearby

 

The cheapest available apartment rental in North York, ON is a 2 Beds unit found at The Quad at York Phase 2 in the Downsview neighborhood priced from $1,295. Robina Suites in the Dovercourt Davenport Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,399. Here is today’s list of the most affordable North York apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Quad at York Phase 21-1SA22BR,1BA$1,295
Robina SuitesStudioStudio,1BA$1,399
2251 - 2257 Jane StreetOne Bedroom1BR,1BA$1,400
15 Bater AveBachelorStudio,1BA$1,400
Park Terraces North & SouthBachelorStudio,1BA$1,415
Brentwood TowersBachelorStudio,1BA$1,415
The ContinentalBachelorStudio,1BA$1,425
Crescent TownBachelorStudio,1BA$1,429
200 RoehamptonBachelorStudio,1BA$1,475
Gertrude SuitesStudioStudio,1BA$1,489

Best Value Apartments for Rent in North York, ON and Nearby

As of September 13, 2026 the best value apartment in the North York area is the $2.13 price per square foot 2 Beds, 1 Baths Model at 85 Henderson Avenue Townhomes in the in the Markham neighborhood starting from $2,995. The second greatest value North York apartment is the 2 Beds, 1 Baths Model at Cassandra Townhomes starting at $2,595 with a $1.94 price per square foot in the Banbury Don Mills York Mills neighborhood. Here is today’s list of the best values for North York apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
85 Henderson Avenue Townhomes2 Beds, 1 Baths2BR,1BA$2.13
Cassandra Townhomes2 Beds, 1 Baths2BR,1BA$1.94
Leaside TowersTwo Bedroom2BR,1BA$2.14
Oakview Heights2 Bedroom - Renovated2BR,1BA$1.94
Heath Residences1 Bedroom1BR,1BA$1.85
101 Driftwood AveRenovated One Bedroom1BR,1BA$1.75
630 Roselawn Apartments1 bedroom1BR,1BA$1.78
5 Greentree CtTwo Bedroom2BR,1BA$2.08
130 Cosburn Ave1 Bedroom1BR,1BA$2.13
Tiara MansionsJr 1 - 1 Bedroom1BR,1BA$2.14

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Cheap North York Apartments

What is the Cheapest Studio apartment in North York?

Currently the most affordable Cheap Studio Apartment in North York is at Robina Suites listed at $1,399.

How much is rent for a Cheap One Bedroom North York Apartment?

The lowest price for a Cheap One Bedroom North York Apartment is $1,400 at 2251 - 2257 Jane Street.

What is the lowest price for a Cheap Two Bedroom North York Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North York is starting from $1,295 at The Quad at York Phase 2.

What is the most affordable North York Three Bedroom Apartment?

The best deal on a cheap North York Three Bedroom Apartment rental is at The Quad at York Phase 2 and starts from $1,580.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.