618 Browns Line
TorontoONM8W 3V5
Cheap Homes for Rent in Alderwood Neighborhood of Toronto, ON from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Alderwood area of Toronto.
247 Alderbrae Ave
TorontoONM8W 4K6
388 Browns Line
TorontoONM8W 3T8
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.
38 Thirty Third St
TorontoONM8W 3H1
247 Alderbrae Ave
TorontoONM8W 4K6
7a Connorvale Ave
TorontoONM8W 3Z9
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
41 Marina Ave
TorontoONM8W 1K5
Showing Results 1-7, Page 1 of 1
Alderwood, Toronto, ON Local Guide
How much does it cost to rent a home in Alderwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alderwood 2 Bedroom Homes for Rent | $2,862 | $2,300 | $3,399 |
| Alderwood 3 Bedroom Homes for Rent | $3,311 | $3,100 | $3,500 |
| Alderwood 4 Bedroom Homes for Rent | $4,969 | $3,450 | $7,500 |
| Alderwood 6 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
The cheapest available apartment rental in the Alderwood area of Toronto, ON is a Studio unit found at Lake Promenade Community priced from $1,775. Sheldon Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,285. Here are the most affordable Alderwood apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Promenade Community | BACHELOR | Studio,1BA | $1,775 |
| Sheldon Towers | 1 Beds, 1 Baths | 1BR,1BA | $2,285 |
| Evans Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2,295 |
Best Value Apartments for Rent in Alderwood, ON
As of October 25, 2025 the best value apartment in the Alderwood area is the $2.70 price per square foot 2 Beds, 1 Baths Model at Evans Apartments in the in the Port Credit neighborhood starting from $2,390. The second greatest value Alderwood apartment is the 765 Brown's Line - Plan A Model at 765 Browns Line starting at $2,499 with a $2.98 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. |
|---|---|---|---|
| Evans Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.70 |
| 765 Browns Line | 765 Brown's Line - Plan A | 2BR,1BA | $2.98 |
| Sheldon Towers | 1 Beds, 1 Baths | 1BR,1BA | $2.97 |
| Lake Promenade Community | 1 BEDROOM | 1BR,1BA | $3.50 |
Frequently Asked Questions about Alderwood
What type of rentals are currently available in Alderwood?
There are currently 67 Apartments for Rent in Alderwood, ON with pricing that ranges from $1,595 to $3,200. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderwood ranging from $1,475 to $7,500.
What is the current price range for Rental Homes in Alderwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alderwood ranges from $1,475 to $7,500 with an average monthly rent of $3,991.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.