Cheap Homes for Rent near North York, ON from $500 (8 Rentals)

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

property at 25 Santa Barbara Rd

$1,100 - $1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,400

Total Monthly Price
$1,100 - $1,400

Studio To 1 Bedroom Homes for Rent

Available Now

25 Santa Barbara Rd

TorontoONM2N 2C1

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.

property at 40 Cloverdale Rd

$1,490

Total Monthly Price

Total Monthly Price

Base Rent
$1,490

Total Monthly Price
$1,490

Studio, 1 Bath Home for Rent

Available Sep 1

40 Cloverdale Rd

TorontoONM6N 3L5
property at 24 Pinehill Cres

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Now

24 Pinehill Cres

TorontoONM6M 2B6

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.

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 Studio unit found at 90 Eastdale in the Crescent Town neighborhood priced from $1,295. The Quad at York Phase 2 in the Downsview neighborhood has the second lowest priced unit, which is a 2 Beds 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
90 EastdaleSuite 114Studio,1BA$1,295
The Quad at York Phase 22-2S22BR,2BA$1,399
15 Bater AveBachelorStudio,1BA$1,400

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

As of July 25, 2026 the best value apartment in the North York area is the $2.04 price per square foot Three Bedroom Model at Leaside Towers in the in the Thorncliffe Park neighborhood starting from $3,300. The second greatest value North York apartment is the 3 Bedroom Model at Heath Residences starting at $2,750 with a $1.96 price per square foot in the Lansing Westgate 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.
Leaside TowersThree Bedroom3BR,2BA$2.04
Heath Residences3 Bedroom3BR,1.5BA$1.96
Cassandra Townhomes2 Beds, 1 Baths2BR,1BA$2.02
1570 Lawrence Ave West3 Bed3BR,1BA$1.89
Oakview Heights2 Bedroom - Renovated2BR,1BA$1.94
Wynford South1 bedroom2BR,1BA$1.60
Viewpoint Towers2 Bedroom (2B)2BR,1BA$1.90
Cassandra Towers2 Bedroom2BR,1BA$2.06
38 Dixington Crescent1 Beds + Den, 1 Baths1BR,1BA$2.05
630 Roselawn Apartments1 bedroom1BR,1BA$1.78

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

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Frequently Asked Questions about North York

What type of rentals are currently available in North York?

There are currently 3983 Apartments for Rent in North York, ON with pricing that ranges from $895 to $7,250. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in North York ranging from $560 to $30,000.

What is the current price range for Rental Homes in North York?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North York ranges from $560 to $30,000 with an average monthly rent of $7,526.

How much are larger Three and Four Bedroom Rentals in North York?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North York range from $2,199 to $7,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $30,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $2,649.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.