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Rent Specials
$1,725 - $2,300Studio to 2 Bedroom Apartments Available Now
21 Park Boulevard
21-31 Park BlvdToronto, ON M8W 1G6
Cheap Apartments for Rent in the Alderwood Neighborhood of Toronto, ON from $1,600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alderwood area of Toronto.
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$1,659 - $2,499Studio to 2 Bedroom Apartments
765 Browns Line
765 Browns LineToronto, ON M8W 4Z8
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$2,2901 to 3 Bedroom Apartments
Evans Apartments
625 Evans AveToronto, ON M8W 2W5
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1 to 2 Bedroom Apartments
5-11 Birchlea Ave
5-11 Birchlea AveToronto, ON M8W 1E8
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Studio Apartments
One Sherway Condominiums
205-215 Sherway Gardens RdToronto, ON M9C 0A3
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Studio to 2 Bedroom Apartments
9-15 33rd St
9-15 33rd StToronto, ON M8W 1P4
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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1 to 2 Bedroom Apartments
One Sherway
235 Sherway Gardens RdToronto, ON M9C 0A3
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Studio Apartments
Lakeshore Towers
3621 Lake Shore Blvd WToronto, ON M8W 4W1
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Studio Apartments
One Sherway Condos
225 Sherway Gardens RdToronto, ON M9C 0A3
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$1,750 - $2,795Studio to 3 Bedroom Apartments
Sheldon Towers
270 Sheldon AveToronto, ON M8W 2S3
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1 to 2 Bedroom Apartments
Jubilee Center
256 Sheldon AveToronto, ON M8W 4X8
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Studio Apartments
3845 Lake Shore Blvd W
3845 Lake Shore Blvd WToronto, ON M8W 1R3
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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Studio Apartments
Watermark by the Lake
3569 Lake Shore Blvd WToronto, ON M8W 1P4
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1 to 2 Bedroom Apartments
618 Evans Ave
618 Evans AveToronto, ON M8W 2W6
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Studio Apartments
Alderwood Towers Apt Ltd
785 Browns LineToronto, ON M8W 3V8
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Studio Apartments
Aquaview Condominiums
3857-3865 Lake Shore Blvd WToronto, ON M8W 3P7
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Studio Apartments
Lakeshore Towers
3625 Lake Shore Blvd WToronto, ON M8W 4W2
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1 to 2 Bedroom Apartments
3531 Lake Shore Blvd W
3531 Lake Shore Blvd WToronto, ON M8W 1P4
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio to 3 Bedroom Apartments
B-Line Condos
408 Brown LineToronto, ON M8W 3T8
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1 to 2 Bedroom Apartments
1 Birchlea Ave
1 Birchlea AveToronto, ON M8W 1E8
Showing Results 1-20, Page 1 of 1
Alderwood, Toronto, ON Local Guide
How much does it cost to rent an apartment in Alderwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alderwood Studio Apartments | $1,791 | $1,750 | $1,800 |
| Alderwood 1 Bedroom Apartments | $1,850 | $1,725 | $1,875 |
| Alderwood 2 Bedroom Apartments | $2,565 | $2,300 | $3,200 |
| Alderwood 4 Bedroom Apartments | $8,275 | $8,275 | $8,275 |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 2 mile radius of the Alderwood Neighborhood of Toronto, ON.
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Cheapest Available Alderwood Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 21 Park Boulevard | 1 BEDROOM | 1BR,1BA | $1,725 |
| Sheldon Towers | 0 Beds, 1 Baths | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Alderwood, ON
As of May 31, 2026 the best value apartment in the Alderwood area is the $3.14 price per square foot 1 BEDROOM Model at 21 Park Boulevard in the in the Alderwood neighborhood starting from $1,725. The second greatest value Alderwood apartment is the 0 Beds, 1 Baths Model at Sheldon Towers starting at $1,750 with a $4.07 price per square foot in the Port Credit neighborhood. Here is today’s list of the best values for Alderwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 21 Park Boulevard | 1 BEDROOM | 1BR,1BA | $3.14 |
| Sheldon Towers | 0 Beds, 1 Baths | Studio ,1BA | $4.07 |
Frequently Asked Questions about Cheap Alderwood Apartments
What is a cheap apartment in Alderwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alderwood is under $1,750.
What is the price of a cheap apartment in Alderwood?
The cheapest apartment in Alderwood is 21 Park Boulevard which is listed at $1,725, while the average apartment in Alderwood costs $8,275.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.