
Cheap Apartments for Rent in Richmond Hill, ON from $1,400 (104 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond Hill.


Richmond Hill Apartments

Total Monthly Price
Essex Court

Westwood Gardens

The Beverly Hills - NE Tower

The Beverly Hills - SE Tower

Xpression

100 Observatory Ln

Four Season Gardens

9612 Yonge St
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.

Tao Condos

Richmond Hill Co-operative Homes

Trayborn Heights

The Courts of Richmond Hill

Mackenzie Square

Richmond Hill Heights

SkyCity - Tower II

The Dynasty

Gibraltar of Richmond Hill

Springbrook Gardens
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.

The Beverly Hills - SW Tower

Bristol Condos

11-39 Oneida Cres

Cameo Place Apartments

Laverock Apartments

Cedar Hill Apartments

20 Baif Blvd

595 Major Mackenzie Dr

175 Cedar Ave

Bayview Place
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.

Maplewood Place

Essex Place Apartments

Tiffany Hill Apartments

449 Major Mackenzie Dr E

Vineyards

102 Yorkland St

Centre Green Co-operative Housing

Dunlop Pines I

E Beaver Creek Rd

The Beverly Hills - NW Tower
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.

The Crown

Grand Genesis

50 Baif Blvd

Valleymede Towers & Luxe Towns

189 Springhead Gdns

Miracle at Yonge

234 Lennox Ave

40 Baif Blvd

36 S Church St

11575 Yonge St
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.
Richmond Hill, ON Local Guide

How much does it cost to rent an apartment in Richmond Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond Hill Studio Apartments | $1,903 | $1,799 | $2,150 |
| Cheap Richmond Hill 1 Bedroom Apartments | $2,317 | $1,650 | $4,064 |
| Cheap Richmond Hill 2 Bedroom Apartments | $2,449 | $2,338 | $2,750 |
| Cheap Richmond Hill 3 Bedroom Apartments | $3,370 | $3,370 | $3,370 |
| Cheap Richmond Hill 4 Bedroom Apartments | $6,756 | $6,756 | $6,756 |
Browse Top Apartments in Richmond Hill
See all Apartments in Richmond HillExplore Richmond Hill
Richmond Hill, ON Local Guide
- Nearby Cities
Cheapest Available Richmond Hill Apartments for Rent
 The cheapest available apartment rental in Richmond Hill, ON is a Studio unit found at 274-278 Cedar Avenue in the Richmond Hill Vaughan King neighborhood priced from $1,799. Cameo Place Apartments in the Richmond Hill Vaughan King neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here is today’s list of the most affordable Richmond Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 274-278 Cedar Avenue | Studio | Studio,1BA | $1,799 |
| Cameo Place Apartments | One Bedroom | 1BR,1BA | $1,800 |
| 48 Laverock Avenue | 1 Bedroom, 1 Bath with Patio | 1BR,1BA | $1,900 |
| Tiffany Hill Apartments | One Bedroom | 1BR,1BA | $1,900 |
| Richmond Hill Apartments | A1 | Studio,1BA | $2,150 |
| The Foresite | 1 Bedroom | 1BR,1BA | $2,389 |
| 110 Inverlochy Boulevard | Two bedroom,one bathroom, balcony | 2BR,1BA | $2,497 |
Best Value Apartments for Rent in Richmond Hill, ON
As of August 09, 2026 the best value apartment in the Richmond Hill area is the $2.36 price per square foot Two bedroom,one bathroom, balcony Model at 110 Inverlochy Boulevard in the in the Markham neighborhood starting from $2,497. The second greatest value Richmond Hill apartment is the One Bedroom Model at Tiffany Hill Apartments starting at $1,900 with a $2.50 price per square foot in the Richmond Hill Vaughan King neighborhood. Here is today’s list of the best values for Richmond Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 110 Inverlochy Boulevard | Two bedroom,one bathroom, balcony | 2BR,1BA | $2.36 |
| Tiffany Hill Apartments | One Bedroom | 1BR,1BA | $2.50 |
| Cameo Place Apartments | One Bedroom | 1BR,1BA | $3.00 |
| The Foresite | 1 Bedroom | 1BR,1BA | $4.04 |
| 48 Laverock Avenue | 1 Bedroom, 1 Bath with Balcony | 1BR,1BA | $3.50 |
| 274-278 Cedar Avenue | Studio | Studio ,1BA | $3.26 |
| Richmond Hill Apartments | A1 | Studio ,1BA | $4.69 |
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 Richmond Hill, ON Rentals by Map
See the most popular apartments and homes in Richmond Hill, ON
Frequently Asked Questions about Cheap Richmond Hill Apartments
What is the Cheapest Studio apartment in Richmond Hill?
Currently the most affordable Cheap Studio Apartment in Richmond Hill is at 274-278 Cedar Avenue listed at $1,799.
How much is rent for a Cheap One Bedroom Richmond Hill Apartment?
The lowest price for a Cheap One Bedroom Richmond Hill Apartment is $1,800 at Cameo Place Apartments.
What is the lowest price for a Cheap Two Bedroom Richmond Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond Hill is starting from $2,200 at Cameo Place Apartments.
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.

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.

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.