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$1,069 - $2,4991 to 4 Bedroom Apartments Available Sep 3
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
Cheap Furnished Apartments for Rent in Toronto, ON from $700 (25 Rentals)
Furnished Apartments Options.
Cheap Apartments in Toronto.
326 High Park Av
TorontoONM6P 2S7
58 Morningview Trl
TorontoONM1B 5A8
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$1,585 - $1,900Studio to 2 Bedroom Apartments Available Now
Maddox Tyndall
135 Tyndall AveToronto, ON M6K 2G4
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$1,590 - $2,580
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,590 - $2,580
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$1,590 - $2,580
Huntley Apartments
77 Huntley StToronto, ON M4Y 2L1
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$1,599 - $2,799
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,599 - $2,799
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$1,599 - $2,799
2837 Yonge Street
2837 Yonge StToronto, ON M4N 2J6
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.
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$1,600 - $3,050Studio to 2 Bedroom Apartments Available Now
710 Spadina Av
710 Spadina AvToronto, ON M5S 2J3
Wellesley Apartments
100 Wellesley St E
TorontoONM4Y 1H5
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$1,625 - $2,540Studio to 2 Bedroom Apartments Available Now
Davisville Village
141 Davisville AveToronto, ON M4S 1G7
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$1,649 - $1,965Studio to 1 Bedroom Apartments Available Now
320-342 Avenue Road
320 Avenue RdToronto, ON M4V 1H2
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$1,680 - $2,780
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,680 - $2,780
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$1,680 - $2,780
The Residence at Weston
33 King StToronto, ON M9N 3R7
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$1,685 - $2,875Studio to 2 Bedroom Apartments Available Now
Yonge Eglinton Apartments — Orchard View
33 Orchard View BlvdToronto, ON M4R 1B9
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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$1,700 - $3,300Studio to 3 Bedroom Apartments Available Now
Highland Commons
1625 Military TrlToronto, ON M1C
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$1,750 - $4,483Studio to 3 Bedroom Apartments Available Sep 1
Station House on Bloor
65 Collegiate RdToronto, ON M6H 0K2
23 Howland Rd
TorontoONM4K 2Z4
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$1,840 - $5,420
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,840 - $5,420
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$1,840 - $5,420
Mirvish Village
748 Bathurst StToronto, ON M5S 0C7
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$1,060 - $2,870Studio to 3 Bedroom Apartments
Park Vista Apartments
7 Park VisToronto, ON M4B 1A4
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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$1,600Studio to 2 Bedroom Apartments
95 Pembroke St
95 Pembroke StToronto, ON M5A 2N9
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$1,675 - $1,900Studio to 2 Bedroom Apartments
1046 Lofts
1046 Bathurst StToronto, ON M5R 3G7
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$1,800 - $2,500Studio to 1 Bedroom Apartments
135 Earl Pl
135 Earl PlToronto, ON M4Y 1M4
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$1,895
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1 to 2 Bedroom Apartments Total Monthly Price
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$1,895
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$1,895
Oakburn Apartments
2-12 Oakburn CresToronto, ON M2N 2T3
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$1,8951 to 3 Bedroom Apartments
Beech Grove Suites
106 Parkway Forest DrToronto, ON M2J 0A5
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$1,599 - $1,8991 to 2 Bedroom Apartments Available Now
2170 Sherobee Road
2170 Sherobee RdMississauga, ON L5A 3G9
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.
2 Lytton Blvd
Richmond HillONL4B 3H2
Showing Results 1-25, 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 | $2,087 | $1,200 | $7,345 |
| Toronto 1 Bedroom Apartments | $2,519 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,274 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,153 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,732 | $1,069 | $10,000+ |
| Toronto 5 Bedroom Apartments | $13,866 | $1,000 | $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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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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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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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 $1,399.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 2346 Weston which is listed at $1,387, while the average apartment in Toronto costs $4,767.
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 3,239 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 $1,155 which is $3,612 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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.