50 Laurel Ave
TorontoONM1K 3J5
Cheap 2 Bedroom Apartments for Rent in Toronto, ON from $1,425 (62 Rentals)
103 Pandora Cir
TorontoONM1H1V8
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$1,5792 Bedroom Apartments Available Sep 3
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
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$1,5992 Bedroom Apartments Available Now
2938 Danforth Ave
2938 Danforth AveToronto, ON M4C 1M5
29 Tillbrook Ct
TorontoONM1B 1N5
32 Durrington Crescent
TorontoONM1P 4G5
32 Commonwealth Ave
TorontoONM1K 4K2
81 Pandora Cir
TorontoONM1H 1V6
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Rent Specials
$1,682 - $1,9002 Bedroom Apartments Available Now
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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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.
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Rent Specials
$1,750 - $2,6502 Bedroom Apartments Available Now
25 Mabelle
25 Mabelle AveToronto, ON M9A 4Y1
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Rent Specials
$1,751
Total Monthly Price
2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,551 - $1,751
Total Monthly Price
$1,551 - $1,751
East York Apartments
2890 St Clair Ave EToronto, ON M4B 1N5
313 The Kingsway
TorontoONM9A 3V3
718 Coxwell Av
TorontoONM4C 3C2
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Rent Specials
$1,860 - $2,5502 Bedroom Apartments Available Now
Yonge Eglinton Apartments
460 Eglinton Ave EToronto, ON M4P 1M3
1001 Cosburn Ave.
TorontoONM4C 2X1
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$1,8902 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
1799 Danforth Av
TorontoONM4C 1J2
26 Annapearl Ct
TorontoONM2N 4H5
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$800 - $2,2452 Bedroom Apartments
24 2nd Street Apartments
24 2nd StToronto, ON M8V 1H4
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
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$1,162 - $1,6832 Bedroom Apartments
Forest Suites
130 Parkway Forest DrToronto, ON M2J 0B8
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$1,1822 Bedroom Apartments
150 Dan Leckie Way
150 Dan Leckie WayToronto, ON M6J 0A4
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$1,2292 Bedroom Apartments
Regal Court
1652 Bathurst StToronto, ON M5P 3J8
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$1,2732 Bedroom Apartments
Vila Gaspar
33 Gabian WayToronto, ON M6M 5H1
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$1,3002 Bedroom Apartments
Cap Ross Apartments
12 Craigton DrToronto, ON M1L 2N6
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$1,4002 Bedroom Apartments
1167 Queen St E
1167 Queen St EToronto, ON M4M 1L5
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$1,4002 Bedroom Apartments
4029 Old Dundas St
4029 Old Dundas StToronto, ON M6S 2T2
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$1,450 - $1,4692 Bedroom Apartments
485 Patricia Ave
485 Patricia AveToronto, ON M2R 2N1
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$1,4922 Bedroom Apartments
The Esplanade
176 The EsplanadeToronto, ON M5A 4H2
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$1,4922 Bedroom Apartments
The Esplanade
171 Front StToronto, ON M5A 4H3
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.
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$1,4922 Bedroom Apartments
The Esplanade
140 The EsplanadeToronto, ON M5A 4P5
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$1,4922 Bedroom Apartments
Trefann Court
440-450 Queen St EToronto, ON M5A 1T7
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$1,6172 Bedroom Apartments
2520 Bloor St W
2520 Bloor St WToronto, ON M6S 1R8
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$1,6802 Bedroom Apartments
Birchmount Apartments
540 Birchmount RdToronto, ON M1K 1P1
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$1,700 - $1,7502 Bedroom Apartments
2597 Keele St
2597 Keele StToronto, ON M6L 2P2
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$1,7002 Bedroom Apartments
2260 Weston
2260 Weston RdToronto, ON M9N 1Z5
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$1,700 - $2,6502 Bedroom Apartments
WATERLOO APARTMENTS
433 Jarvis StToronto, ON M4Y 2G6
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$1,7452 Bedroom Apartments
Rona Place
391 Sentinel RdToronto, ON M3J 1T3
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$1,7502 Bedroom Apartments
Clearview Heights
81 Clearview HtsToronto, ON M6M 2A3
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$1,753 - $2,5502 Bedroom Apartments
ORCA
2 Main StToronto, ON M4E 0B5
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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$1,790 - $2,150
Total Monthly Price
2 Bedroom Apartments Total Monthly Price
Base Rent
$1,590 - $2,150
Total Monthly Price
$1,590 - $2,150
30 Clearview Hts
30 Clearview HtsToronto, ON M6M 2A1
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$1,7902 Bedroom Apartments
52 Thorncliffe Park Dr
52 Thorncliffe Park DrToronto, ON M4H 1K5
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$1,795 - $2,6002 Bedroom Apartments
Lambeth House
4 Goldfinch CrtToronto, ON M2R 2C3
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$1,799 - $1,8292 Bedroom Apartments
Folcroft Apartments
4-6 Folcroft AveToronto, ON M1N 1K8
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$1,800 - $1,9002 Bedroom Apartments
Davick Court
42 Saranac BlvdToronto, ON M6A 2G5
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$1,8002 Bedroom Apartments
Vermont Apartments
4 Vermont AveToronto, ON M6G 2R8
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$1,800 - $2,4002 Bedroom Apartments
44 Saranac Blvd
44 Saranac BlvdToronto, ON M6A 2G5
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$1,8002 Bedroom Apartments
3240 Bathurst St
3240 Bathurst StToronto, ON M6A 2B3
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$1,825 - $2,2252 Bedroom Apartments
Wynford South
45 Wynford Heights CresToronto, ON M3C 1L2
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$1,8502 Bedroom Apartments
Wilkeele Apartments
1277 Wilson AveToronto, ON M3M 3C6
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.
Toronto, ON Local Guide
How much does it cost to rent an apartment in Toronto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toronto Studio Apartments | $1,940 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,554 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,228 | $1,425 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,068 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,031 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $16,691 | $1,050 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Toronto, ON Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Toronto, ON Area Reviews
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Dee • 4+ years in Toronto
February 25, 202530 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 $1,350.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 24 2nd Street Apartments which is listed at $800, while the average apartment in Toronto costs $5,860.
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 3,316 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 $1,245 which is $4,615 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.