Cheap Apartments for Rent in Thunder Bay, ON from $900 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Thunder Bay.

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Clarkson Tower
Studio Apartments

Clarkson Tower

19 S Clarkson StThunder Bay, ON P7B 4W6
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The Park Lane
Studio Apartments

The Park Lane

1725 E Arthur StThunder Bay, ON P7E 5N6
Senior Living
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413 N Edward St
Studio to 1 Bedroom Apartments

413 N Edward St

413 N Edward StThunder Bay, ON P7C 4P6
  • Smoke Free
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The Maplewood
1 to 2 Bedroom Apartments

The Maplewood

2805 E Victoria AveThunder Bay, ON P7C 1G1
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Egan Heights
Studio Apartments

Egan Heights

415 Egan StThunder Bay, ON P7A 2X2
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Suncrest Villa
2 Bedroom Apartments

Suncrest Villa

540 Oliver RdThunder Bay, ON P7B 5T8
Senior Living

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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The Plaza
Studio Apartments

The Plaza

110 W Arthur StThunder Bay, ON P7E 5P6
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The Victorian
1 to 2 Bedroom Apartments

The Victorian

2635 E Victoria AveThunder Bay, ON P7C 1G1
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Camelot Towers
Studio Apartments

Camelot Towers

2655 E Arthur StThunder Bay, ON P7E 5P5
Senior Living
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33 S Clarkson St
Studio Apartments

33 S Clarkson St

33 S Clarkson StThunder Bay, ON P7B 4W7
Senior Living

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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Wellington Court
Studio Apartments

Wellington Court

101 Wellington StThunder Bay, ON P7C 4K3
Senior Living
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La Hacienda
Studio Apartments

La Hacienda

401 N Edward StThunder Bay, ON P7C 4P5
Senior Living
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1743 Arthur St
Studio Apartments

1743 Arthur St

1743 Arthur StThunder Bay, ON P7E 5N6
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302 St George Ave
Studio Apartments

302 St George Ave

302 St George AveThunder Bay, ON P7A 3X5
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405 Isabella St
Studio Apartments

405 Isabella St

405 Isabella StThunder Bay, ON P7E 5E5
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The Belmont
Studio Apartments

The Belmont

226 W Arthur StThunder Bay, ON P7E 5P8
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321 St George Ave
Studio Apartments

321 St George Ave

321 St George AveThunder Bay, ON P7A 3X6

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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Red River Towers
1 to 3 Bedroom Apartments

Red River Towers

844 Red River RdThunder Bay, ON P7B 5K4
Senior Living
  • Utilities Included
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225 Cumming St
Studio Apartments

225 Cumming St

225 Cumming StThunder Bay, ON P7C 1N8
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Greenwood Terrace
1 to 2 Bedroom Apartments

Greenwood Terrace

625 Fulton BlvdThunder Bay, ON P7B 6A8
  • Smoke Free
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Kingsway Apartments
1 to 2 Bedroom Apartments

Kingsway Apartments

777 Kingsway AveThunder Bay, ON P7E 2BE
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184 Stephens St
Studio Apartments

184 Stephens St

184 Stephens StThunder Bay, ON P7A 2P3

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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Showing Results 1-32, Page 1 of 1

Thunder Bay, ON Local Guide

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

Explore Thunder Bay, ON Rentals by Map

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See the most popular apartments and homes in Thunder Bay, ON

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Thunder Bay, ON Area Reviews

  • Parks
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Carmaine • 4+ years in Thunder Bay

June 22, 2026

On a base, a beautiful city with some great parks and trails to explore I love the outdoors, and Thunder Bay brings splendid beauty all around

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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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.

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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.