Cheap Homes for Rent in Richmond Hill, ON from C$1,000 (67 Rentals)

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Search the lowest-cost Homes available for rent right now in Richmond Hill.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Richmond Hill, ON Local Guide

Cheapest Available Richmond Hill Apartments for Rent

 

The cheapest available apartment rental in Richmond Hill, ON is a 1 Bed unit found at 110 Inverlochy Boulevard in the Richmond Hill Vaughan King neighborhood priced from C$2,100. Richmond Hill Apartments in the Richmond Hill Vaughan King neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$2,195. Here is today’s list of the most affordable Richmond Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BAC$2,100
Richmond Hill ApartmentsC3-A1BR,1BAC$2,195
150 Colborne Ave1 Bed 1 Bath1BR,1BAC$2,250
Cedar Avenue Apartments1 Bedroom1BR,1BAC$2,300
Royal Court2 Bedroom2BR,1BAC$2,385
The Foresite1 Bedroom1BR,1BAC$2,389
165 Colborne Ave2 Bedroom2BR,1BAC$2,500

Best Value Apartments for Rent in Richmond Hill, ON

As of May 29, 2025 the best value apartment in the Richmond Hill area is the C$2.67 price per square foot 2 Bedroom Model at Royal Court in the in the Richmond Hill Vaughan King neighborhood starting from C$2,385. The second greatest value Richmond Hill apartment is the One bedroom,one bathroom Model at 110 Inverlochy Boulevard starting at C$2,100 with a C$2.73 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Royal Court2 Bedroom2BR,1BAC$2.67
110 Inverlochy BoulevardOne bedroom,one bathroom1BR,1BAC$2.73
150 Colborne Ave1 Bed 1 Bath1BR,1BAC$3.31
Cedar Avenue Apartments1 Bedroom1BR,1BAC$3.54
The Foresite1 Bedroom1BR,1BAC$4.04
165 Colborne Ave2 Bedroom2BR,1BAC$5.00
Richmond Hill ApartmentsC31BR,1BAC$4.82

Quick 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.

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Frequently Asked Questions about Richmond Hill

What type of rentals are currently available in Richmond Hill?

There are currently 261 Apartments for Rent in Richmond Hill, ON with pricing that ranges from C$2,100 to C$3,000. There are also 310 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond Hill ranging from C$1,000 to C$12,500.

What is the current price range for Rental Homes in Richmond Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond Hill ranges from C$1,000 to C$12,500 with an average monthly rent of C$4,256.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.