Cheap 1 Bedroom Apartments for Rent in Toronto, ON from $895 (637 Rentals) Page 2 of 13

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Cliffside Apartments
Rent Specials
$1,668 - $2,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,668 - $3,000

Total Monthly Price
$1,668 - $3,000
1 Bedroom Apartments Available Sep 1

Cliffside Apartments

2382 Kingston RdToronto, ON M1N 0C5
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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.

property at 10 Teesdale Pl

$1,675 - $2,225

1 Bedroom Rentals

Available Now

10 Teesdale Pl

TorontoONM1L 1K9
property at 1233 Yonge St

$1,695 - $2,195

1 Bedroom Rentals

Available Now

1233 Yonge St

TorontoONM4T 1W4

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.

property at 103 Campbell Av

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

103 Campbell Av

TorontoONM6P 3V1

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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The Woolland
Rent Specials
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,450

Total Monthly Price
$1,700 - $2,450
1 Bedroom Apartments Available Now

The Woolland

1284 Danforth RdToronto, ON M1J 1E9
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Rexlington Heights
Rent Specials
$1,729 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,729 - $2,679

Total Monthly Price
$1,729 - $2,679
1 Bedroom Apartments Available Now

Rexlington Heights

9-27 Bergamot AveToronto, ON M9W 3X1
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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.

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Bela Square
Rent Specials
$1,742 - $3,185
Total Monthly Price

Total Monthly Price

Base Rent
$1,742 - $4,300

Total Monthly Price
$1,742 - $4,300
1 Bedroom Apartments Available Now

Bela Square

100 Eastdale AvToronto, ON M4C 0B6
Student Housing
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Ava Manor
Rent Specials
$1,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,609 - $3,457

Total Monthly Price
$1,609 - $3,457
1 Bedroom Apartments Contact Us For Availability

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
Student Housing
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31-35 St. Dennis Drive
Rent Specials
$1,749 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,749 - $2,499

Total Monthly Price
$1,749 - $2,499
1 Bedroom Apartments Available Now

31-35 St. Dennis Drive

31-35 St Dennis DrToronto, ON M3C 1G7
Affordability
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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.

Toronto, ON Area Reviews

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Dee4+ 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 $1,400.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is Robina Suites which is listed at $1,399, while the average apartment in Toronto costs $2,538.

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 3,096 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 $1,173 which is $1,365 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 First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.