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$1,600 - $4,5001 to 3 Bedroom Apartments Available Now
Leaside Towers
85-95 Thorncliffe Park DrToronto, ON M4H 1L6
Cheap Corporate Apartments for Rent in Toronto, ON from $700 (10 Rentals)
Corporate Rentals in Toronto.
Cheap Apartments in Toronto.
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$1,605 - $2,550Studio to 2 Bedroom Apartments Available Now
Wellesley Apartments
100 Wellesley St EToronto, ON M4Y 1H5
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$1,622 - $4,299Studio to 3 Bedroom Apartments Available Sep 1
Station House on Bloor
65 Collegiate RdToronto, ON M6H 0K2
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$1,799 - $3,199
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$1,799 - $3,199
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$1,799 - $3,199
3111 Eglinton
3111 Eglinton Ave EToronto, ON M1J 2G4
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$1,810 - $3,060
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,810 - $3,060
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$1,810 - $3,060
20 Samuel Wood
20 Samuel Wood WayToronto, ON M9B 0C8
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.
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$1,856 - $3,534Studio to 3 Bedroom Apartments Available Now
The Livmore High Park
55 Quebec AveToronto, ON M6P 2T3
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$1,895 - $3,500
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$1,895 - $3,500
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$1,895 - $3,500
Halsa
230 Royal York RdToronto, ON M8V 2V9
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$1,750 - $3,650Studio to 2 Bedroom Apartments
New Garden Residences
211 Jarvis StToronto, ON M5B 2C1
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$1,900Studio to 2 Bedroom Apartments
1046 Lofts
1046 Bathurst StToronto, ON M5R 3G7
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$1,5991 to 2 Bedroom Apartments Available Now
2211 Sherobee Road
2211 Sherobee RdMississauga, ON L5A 2H5
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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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
- Toronto Neighborhoods
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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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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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See the most popular apartments and homes in Toronto, ON
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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 Robina Suites 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.