3813-3813 Lake Shore Blvd W
TorontoONM8W 1R2
Cheap Homes for Rent in Alderwood Neighborhood of Toronto, ON from C$1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Alderwood area of Toronto.
3845-3845 Lake Shore Blvd W
TorontoONM8W 4Y3
92-92 Thirty Ninth St
TorontoONM8W 3M7
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.
149-149 Sheldon Ave
TorontoONM8W 4L5
8-8 Thirty Third St
TorontoONM8W 3G8
8-8 Thirty Third St
TorontoONM8W 3G8
388-388 Browns Line
TorontoONM8W 3T8
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.
Showing Results 1-8, 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 | C$2,488 | C$1,900 | C$3,300 |
| Alderwood 3 Bedroom Homes for Rent | C$6,895 | C$6,895 | C$6,895 |
| Alderwood 4 Bedroom Homes for Rent | C$6,750 | C$6,500 | C$7,000 |
| Alderwood 5 Bedroom Homes for Rent | C$6,500 | C$6,500 | C$6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Alderwood Neighborhood of Toronto, ON.
Explore Toronto
Let everyone know!
Do you know the Alderwood area?
If you’re an expert on all things Alderwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available Alderwood Apartments for Rent
The cheapest available apartment rental in the Alderwood area of Toronto, ON is a Studio unit found at 765 Browns Line priced from C$1,649. Lake Promenade Community has the second lowest priced unit, which is a Studio apartment currently listed from C$1,875. Here are the most affordable Alderwood apartments for rent in Toronto, ON:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 765 Browns Line | 765 Brown's Line - Plan A | Studio,1BA | C$1,649 |
| Lake Promenade Community | BACHELOR | Studio,1BA | C$1,875 |
| Sheldon Towers | 1 Beds, 1 Baths | 1BR,1BA | C$2,195 |
Best Value Apartments for Rent in Alderwood, ON
As of July 26, 2025 the best value apartment in the Alderwood area is the C$3.10 price per square foot 2 Beds, 1 Baths Model at Evans Apartments in the in the Port Credit neighborhood starting from C$2,745. The second greatest value Alderwood apartment is the 1 Beds, 1 Baths Model at Sheldon Towers starting at C$2,195 with a C$2.85 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 | C$3.10 |
| Sheldon Towers | 1 Beds, 1 Baths | 1BR,1BA | C$2.85 |
| Lake Promenade Community | 1 BEDROOM | 1BR,1BA | C$3.64 |
| 765 Browns Line | 765 Brown's Line - Plan A | Studio ,1BA | C$5.12 |
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 C$1,875 to C$3,200. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alderwood ranging from C$1,700 to C$7,250.
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 C$1,700 to C$7,250 with an average monthly rent of C$5,322.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.
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.