
Cheap Homes for Rent in Alderwood Neighborhood of Toronto, ON from $1,000 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Alderwood area of Toronto.


127 Thirtieth St

50 Hargrove Ln

50 Hargrove Ln

521 Browns Line
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.

521 Browns Line

521 Browns Line

521 Browns Line

12 Villa Rd

12 Villa Rd
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.

79A Laburnham Ave

79A Laburnham Ave

9 Thirty Third St

9 Thirty Third St

15 Thirty Third St
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.

15 Thirty Third St
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 | $2,536 | $1,800 | $3,150 |
| Alderwood 3 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
| Alderwood 4 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
| Alderwood 6 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Alderwood Neighborhood of Toronto, ON.
Explore Toronto
Cheapest Available Alderwood Apartments for Rent
 The cheapest available apartment rental in the Alderwood area of Toronto, ON is a Studio unit found at 21 Park Boulevard priced from $1,650. Sheldon Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,795. Here are the most affordable Alderwood apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 21 Park Boulevard | BACHELOR | Studio,1BA | $1,650 |
| Sheldon Towers | 0 Beds, 1 Baths | Studio,1BA | $1,795 |
| 765 Browns Line | 2 Bed Promotional Price | 2BR,1BA | $2,230 |
| Evans Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2,290 |
Best Value Apartments for Rent in Alderwood, ON
As of March 23, 2026 the best value apartment in the Alderwood area is the $2.59 price per square foot 2 Beds, 1 Baths Model at Evans Apartments in the in the Port Credit neighborhood starting from $2,290. The second greatest value Alderwood apartment is the 765 Brown's Line - Plan E Model at 765 Browns Line starting at $2,549 with a $3.02 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 | $2.59 |
| 765 Browns Line | 765 Brown's Line - Plan E | 2BR,1BA | $3.02 |
| 21 Park Boulevard | TWO BEDROOM | 2BR,1BA | $3.19 |
| Sheldon Towers | 0 Beds, 1 Baths | Studio ,1BA | $4.17 |
Frequently Asked Questions about Alderwood
What type of rentals are currently available in Alderwood?
There are currently 68 Apartments for Rent in Alderwood, ON with pricing that ranges from $1,650 to $9,141. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderwood ranging from $1,000 to $7,000.
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 $1,000 to $7,000 with an average monthly rent of $3,446.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.