52 Laurel Ave
TorontoONM1K 3J5
Cheap 2 Bedroom Apartments for Rent in Toronto, ON from $1,550 (55 Rentals)
3 Sandrift Square
TorontoONM1E 4N5
76 Blakemanor Blvd
TorontoONM1J 2W5
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$1,575 - $1,8002 Bedroom Apartments Available Now
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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$1,5992 Bedroom Apartments Available Now
2938 Danforth Ave
2938 Danforth AveToronto, ON M4C 1M5
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$1,7002 Bedroom Apartments Contact Us For Availability
1617 Victoria Park Ave
1617 Victoria Park AveToronto, ON M1R 1P4
29 Ranstone Gardens
TorontoONM1K 2T6
79 O'Connor Dr
TorontoONM4K 2K4
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$1,7902 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
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$1,845 - $2,5852 Bedroom Apartments Available Now
90 Eastdale
90 Eastdale AveToronto, ON M4C 2G5
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1000 O'Connor Dr
TorontoONM4B 2T3
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$1,860 - $2,5502 Bedroom Apartments Available Now
Yonge Eglinton Apartments
460 Eglinton Ave EToronto, ON M4P 1M3
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$1,8952 Bedroom Apartments Available Now
Shaughnessy Place
175 Shaughnessy BlvdToronto, ON M2J 1K3
128 Cass Ave
TorontoONM1T 2B6
36 Doerr Rd
TorontoONM1P 3A1
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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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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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$1,4102 Bedroom Apartments
Sherbourne Complex
545-565 Sherbourne StToronto, ON M4X 1L4
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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
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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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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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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$1,700 - $2,8002 Bedroom Apartments
Lambeth House
4 Goldfinch CrtToronto, ON M2R 2C3
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$1,7452 Bedroom Apartments
Rona Place
391 Sentinel RdToronto, ON M3J 1T3
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$1,749 - $2,2252 Bedroom Apartments
Wynford South
45 Wynford Heights CresToronto, ON M3C 1L2
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$1,7502 Bedroom Apartments
Skyview Heights
8 Hill Heights RdToronto, ON M8Y 1Z1
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$1,7502 Bedroom Apartments
Clearview Heights
81 Clearview HtsToronto, ON M6M 2A3
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$1,7902 Bedroom Apartments
52 Thorncliffe Park Dr
52 Thorncliffe Park DrToronto, ON M4H 1K5
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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
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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$1,8002 Bedroom Apartments
3240 Bathurst St
3240 Bathurst StToronto, ON M6A 2B3
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$1,8502 Bedroom Apartments
Wilkeele Apartments
1277 Wilson AveToronto, ON M3M 3C6
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$1,895 - $1,9752 Bedroom Apartments
135 Fenelon Drive
135 Fenelon DrToronto, ON M3A 3K4
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$1,8992 Bedroom Apartments
Deepwood Apartments
18 Tinder CresToronto, ON M4A 1L2
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$1,8992 Bedroom Apartments
South Kingsway
9 Crown Hill PlToronto, ON M8Y 4C5
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$1,900 - $2,0002 Bedroom Apartments
William A. Villano Building
3561 Eglinton Ave WToronto, ON M6M 5L7
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$1,900 - $2,4002 Bedroom Apartments
Royaltown
3700 Lawrence Ave EToronto, ON M1G 3T2
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$1,9002 Bedroom Apartments
2548 Kipling
2548 Kipling AveToronto, ON M9V 3B1
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$1,900 - $2,0002 Bedroom Apartments
1047 Victoria Park Ave
1047 Victoria Park AveToronto, ON M4B 2W8
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$1,9002 Bedroom Apartments
2255 Jane St
2255 Jane StToronto, ON M3L 1K8
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.
Showing Results 1-50, Page 1 of 2
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 | $1,909 | $995 | $8,290 |
| Toronto 1 Bedroom Apartments | $2,374 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,159 | $1,550 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,433 | $1,119 | $8,642 |
| Toronto 5 Bedroom Apartments | $16,752 | $8,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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See all Apartments in TorontoExplore Toronto
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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Quick Rent Budget Calculator
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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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 $1,400.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is The Quad at York Phase 2 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
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.
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.
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.
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.