2294 Lake Shore Blvd W
TorontoONM8V 1B4
Cheap 2 Bedroom Apartments for Rent in Toronto, ON from $950 (62 Rentals)
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$974 - $2,6002 Bedroom Apartments Available Now
La Corona
25 Cedarcroft BlvdToronto, ON M2R 2Z3
29 Tillbrook Ct
TorontoONM1B 1N5
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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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Rent Specials
$1,595 - $2,5852 Bedroom Apartments Available Now
90 Eastdale
90 Eastdale AveToronto, ON M4C 2G5
1 Southmead Rd
TorontoONM1L 2H7
76 Blakemanor Blvd
TorontoONM1J 2W5
32 Durrington Crescent
TorontoONM1P 4G5
58 Morningview Trl
TorontoONM1B 5A8
135 Chisholm Ave
TorontoONM4C 4V9
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.
7 Harvard Ave
TorontoONM6R 1C5
91 Neilson Ave
TorontoONM1M 2S6
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$1,7502 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
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$1,799 - $2,0992 Bedroom Apartments Contact Us For Availability
East York Apartments
2890 St Clair Ave EToronto, ON M4B 1N5
56 Bicknell Ave
TorontoONM6M 4G5
130 Lambton Ave
TorontoONM6N 2S9
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Rent Specials
$1,8982 Bedroom Apartments Available Now
Carrying Place Vista
2346 Weston RdToronto, ON M9N
316 The Kingsway
TorontoONM9A 3V2
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Rent Specials
$1,900
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,600 - $1,900
Total Monthly Price
$1,600 - $1,900
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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$1,162 - $1,6832 Bedroom Apartments
Forest Suites
130 Parkway Forest DrToronto, ON M2J 0B8
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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$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
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$1,4922 Bedroom Apartments
The Esplanade
140 The EsplanadeToronto, ON M5A 4P5
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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$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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$1,753 - $2,5502 Bedroom Apartments
ORCA
2 Main StToronto, ON M4E 0B5
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$1,775 - $2,5752 Bedroom Apartments
60 Esther Lorrie Drive
60 Esther Lorrie DrToronto, ON M9W 3N3
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$1,7902 Bedroom Apartments
52 Thorncliffe Park Dr
52 Thorncliffe Park DrToronto, ON M4H 1K5
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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$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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$1,800 - $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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$1,849 - $2,2252 Bedroom Apartments
Wynford South
45 Wynford Heights CresToronto, ON M3C 1L2
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$1,8492 Bedroom Apartments
Folcroft Apartments
4-6 Folcroft AveToronto, ON M1N 1K8
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$1,8502 Bedroom Apartments
Wilkeele Apartments
1277 Wilson AveToronto, ON M3M 3C6
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$1,8992 Bedroom Apartments
Clearview Heights
81 Clearview HtsToronto, ON M6M 2A3
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$1,8992 Bedroom Apartments
14,18,22,26 Engelhart Crescent
14-26 Engelhart CresToronto, ON M1L 2J8
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$1,900 - $2,4002 Bedroom Apartments
Royaltown
3700 Lawrence Ave EToronto, ON M1G 3T2
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.
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 | $1,997 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,448 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,189 | $950 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,139 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $6,292 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $11,860 | $9,839 | $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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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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!
Explore Toronto, ON Rentals by Map
See the most popular apartments and homes in Toronto, ON
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 $1,400.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is La Corona which is listed at $974, while the average apartment in Toronto costs $4,391.
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 3,401 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 $1,313 which is $3,078 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.