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Cheap 2 Bedroom Apartments for Rent in Toronto, ON from C$1,700 (35 Rentals)
18 Dolan Gate
TorontoONM2J 2N1
133 Meadowbank Rd
TorontoONM9B 5E2
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from C$1,9002 Bedroom Apartments Available Now
Faywood-Vinci Community
59 Vinci CresToronto, ON M3H 2Y9
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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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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.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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650 Cognac Crescent
PickeringONL1X 1L8
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Showing Results 1-35, Page 1 of 1
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 | C$2,055 | C$1,045 | C$5,720 |
| Toronto 1 Bedroom Apartments | C$2,440 | C$890 | C$6,470 |
| Toronto 2 Bedroom Apartments | C$3,165 | C$1,700 | C$10,000 |
| Toronto 3 Bedroom Apartments | C$4,180 | C$2,400 | C$10,000 |
| Toronto 4 Bedroom Apartments | C$5,170 | C$1,350 | C$10,000 |
| Toronto 5 Bedroom Apartments | C$4,890 | C$4,890 | C$4,890 |
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Toronto, ON Local Guide
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Quick Rent Budget Calculator
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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.
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 C$1,500.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 168 Erskine which is listed at C$1,800, while the average apartment in Toronto costs C$3,339.
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 12 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 C$278 which is C$3,061 cheaper than the average rent for all rentals in Toronto.
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.