Cheap 1 Bedroom Apartments for Rent in Toronto, ON from $800 (479 Rentals) Page 2 of 10

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property at 2707 Yonge St

$1,685 - $1,865

1 Bedroom Rentals

Available Now

2707 Yonge St

TorontoONM4N 2H8
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Upper Canada Apartments 165
$1,7551 Bedroom Apartments Available Now

Upper Canada Apartments 165

165 Erskine AveToronto, ON M4P 2A1
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Promenade Apartments
$1,7851 Bedroom Apartments Available Now

Promenade Apartments

2301 Lakeshore Blvd WToronto, ON M8V 1A7
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Royale Towers
$1,7851 Bedroom Apartments Available Now

Royale Towers

335 Van Horne AveToronto, ON M2J 3K3
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890 Mount Pleasant Apartments
$1,7901 Bedroom Apartments Available Now

890 Mount Pleasant Apartments

890 Mt Pleasant RdToronto, ON M4P 2L4
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property at 350 Winona Dr

$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

350 Winona Dr

TorontoONM6C 3T3
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Toronto, ON Area Reviews

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Dee • 4+ years in Toronto

February 25, 2025

30 years here ... its not impressive working people cant afford rent

Frequently Asked Questions about Cheap Toronto Apartments

What is a cheap apartment in Toronto?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Toronto is under $1,439.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is Carrying Place Vista which is listed at $1,387, while the average apartment in Toronto costs $3,109.

What types of apartments are the cheapest in Toronto?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,150 regular apartments in Toronto that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Toronto?

Cheap apartments in Toronto have an average cost of $1,406 which is $1,703 cheaper than the average rent for all rentals in Toronto.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.