Cheap 2 Bedroom Apartments for Rent in Toronto, ON from C$1,650 (33 Rentals)

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Forest Suites
2 Bedroom Apartments

Forest Suites

130 Parkway Forest DrToronto, ON M2J 0B8
  • Utilities Included
  • Smoke Free

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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Regal Court
2 Bedroom Apartments

Regal Court

1652 Bathurst StToronto, ON M5P 3J8
  • Utilities Included
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Vila Gaspar
2 Bedroom Apartments

Vila Gaspar

33 Gabian WayToronto, ON M6M 5H1
  • Utilities Included
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Cap Ross Apartments
2 Bedroom Apartments

Cap Ross Apartments

12 Craigton DrToronto, ON M1L 2N6
  • Utilities Included
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1167 Queen St E
2 Bedroom Apartments

1167 Queen St E

1167 Queen St EToronto, ON M4M 1L5
  • Utilities Included
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The Esplanade
2 Bedroom Apartments

The Esplanade

176 The EsplanadeToronto, ON M5A 4H2
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The Esplanade
2 Bedroom Apartments

The Esplanade

171 Front StToronto, ON M5A 4H3
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The Esplanade
2 Bedroom Apartments

The Esplanade

140 The EsplanadeToronto, ON M5A 4P5
  • Utilities Included

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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Trefann Court
2 Bedroom Apartments

Trefann Court

440-450 Queen St EToronto, ON M5A 1T7
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Edilou
2 Bedroom Apartments

Edilou

3880-3886 Bathurst StToronto, ON M3H 2N6
  • Utilities Included
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2520 Bloor St W
2 Bedroom Apartments

2520 Bloor St W

2520 Bloor St WToronto, ON M6S 1R8
  • Utilities Included
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Birchmount Apartments
2 Bedroom Apartments

Birchmount Apartments

540 Birchmount RdToronto, ON M1K 1P1
  • Utilities Included
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60 Callowhill
2 Bedroom Apartments

60 Callowhill

60 Callowhill DrToronto, ON M9R 3L6
  • Utilities Included
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2260 Weston
2 Bedroom Apartments

2260 Weston

2260 Weston RdToronto, ON M9N 1Z5
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ORCA
2 Bedroom Apartments

ORCA

2 Main StToronto, ON M4E 0B5
  • Utilities Included
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52 Thorncliffe Park Dr
2 Bedroom Apartments

52 Thorncliffe Park Dr

52 Thorncliffe Park DrToronto, ON M4H 1K5
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The Westerham
2 Bedroom Apartments

The Westerham

63 Callowhill DrToronto, ON M9R 3L6
  • Utilities Included
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Davick Court
2 Bedroom Apartments

Davick Court

3240 Bathurst StToronto, ON M6A 2B3
  • Utilities Included
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168 Erskine
2 Bedroom Apartments

168 Erskine

168-170 Erskine AveToronto, ON M4P 2L8
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Clearview Heights
2 Bedroom Apartments

Clearview Heights

81 Clearview HtsToronto, ON M6M 2A3
  • Utilities Included
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Clearview
2 Bedroom Apartments

Clearview

79 Clearview HtsToronto, ON M6M 2A4
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Preston Apartments
2 Bedroom Apartments

Preston Apartments

90 Eastdale AveToronto, ON M4C 2G5
  • Utilities Included
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Westdale Apartments
2 Bedroom Apartments

Westdale Apartments

25 Paisley Blvd WMississauga, ON L5B 1E3
  • Utilities Included

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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118 Robinson St
2 Bedroom Apartments

118 Robinson St

118 Robinson StMarkham, ON L3P 1P1
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Riverview Apartments
2 Bedroom Apartments

Riverview Apartments

3065 Jaguar Valley DrMississauga, ON L5A 2J5
  • Utilities Included

Toronto, ON Local Guide

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 C$1,500.

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 C$1,399, while the average apartment in Toronto costs C$3,465.

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 44 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$388 which is C$3,077 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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.