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$1,045Studio Apartments Available Now
Bradley Court
280 Dundas St EToronto, ON M5A 3W1
Cheap Gated Apartments for Rent in Toronto, ON from $700 (343 Rentals)
Search the lowest-cost Apartments available for rent right now in Toronto.
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$1,200Studio Apartments Available Now
Bradley Courts
266 Sherbourne StToronto, ON M5A 2A2
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$1,295 - $3,050Studio to 3 Bedroom Apartments Available Now
90 Eastdale
90 Eastdale AveToronto, ON M4C 2G5
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$1,299
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Studio Apartments Available NowTotal Monthly Price
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$1,299
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$1,299
256-262 Sherbourne St.
256 Sherbourne StToronto, ON M5A 2A2
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$1,329 - $3,299Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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$1,350 - $2,500Studio to 2 Bedroom Apartments Available Now
1011 Lansdowne Ave Apartments
1011 Lansdowne AveToronto, ON M6H 4G1
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$1,384 - $2,4991 to 4 Bedroom Apartments Available Sep 3
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
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$1,400 - $1,9001 to 2 Bedroom Apartments Available Now
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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$1,400 - $1,695Studio to 1 Bedroom Apartments Available Now
Dundonald Arms
49 Dundonald StToronto, ON M4Y 1K3
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$1,449 - $1,800
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$1,449 - $1,800
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$1,449 - $1,800
Six Points Suites | 40 Trethewey Dr
40 Trethewey DrToronto, ON M6M 4B1
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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$1,499 - $2,099Studio to 2 Bedroom Apartments Available Now
Gertrude Suites
787 Vaughan RdToronto, ON M6E 2Z5
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$1,499 - $2,149Studio Apartments Available Now
2701 EGLINTON AVE W
2701 Eglinton Ave WToronto, ON M6M 1T9
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$1,499 - $1,899Studio to 1 Bedroom Apartments Available Now
Serena Court
2202 Weston RdToronto, ON M9N 1Y1
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$1,499 - $1,5991 to 2 Bedroom Apartments Available Now
2938 Danforth Ave
2938 Danforth AveToronto, ON M4C 1M5
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$1,500 - $2,000
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$1,500 - $2,000
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$1,500 - $2,000
Clearview on the Park
31 Clearview HtsToronto, ON M6M 2A2
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$1,500 - $2,100Studio to 2 Bedroom Apartments Available Now
15 Bater Ave
15 Bater AveToronto, ON M4K 2S4
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$1,500 - $2,300Studio to 2 Bedroom Apartments Available Now
Goodwood Apartments
100-108 Goodwood Park CtToronto, ON M4C 5C4
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$1,500 - $2,150
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$1,500 - $2,150
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$1,500 - $2,150
30 Springhurst Ave
30 Springhurst AveToronto, ON M6K 1B3
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$1,515 - $2,195Studio to 2 Bedroom Apartments Available Now
464 & 448 Spadina Rd
464 & 448 Spadina RdToronto, ON M5P 3M2
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$1,525 - $2,699Studio to 3 Bedroom Apartments Available Now
21 Welsford Gdns
21 Welsford GdnsToronto, ON M3A 2P6
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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$1,525 - $2,9001 to 3 Bedroom Apartments Available Now
Main Square
2575 Danforth AveToronto, ON M4C 1L5
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$1,539 - $2,999Studio to 2 Bedroom Apartments Available Now
The Crossways
2340-2360 Dundas St WToronto, ON M6P 4A9
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$1,549 - $2,799
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$1,549 - $2,799
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$1,549 - $2,799
2837 Yonge Street
2837 Yonge StToronto, ON M4N 2J6
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$1,550 - $2,749
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$1,550 - $2,749
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$1,550 - $2,749
Doversquare Apartments
730 Dovercourt RdToronto, ON M6H 2W9
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$1,550 - $2,200Studio to 2 Bedroom Apartments Available Now
2355 Lake Shore Blvd W
2355 Lake Shore Blvd WToronto, ON M8V 1B7
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$1,550 - $2,750Studio to 3 Bedroom Apartments Available Now
Castlegate Apartments
39-45 Parkcrest DrToronto, ON M1M 3S6
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$1,559 - $2,380Studio to 2 Bedroom Apartments Available Now
1065 Eglinton
1065 Eglinton AveToronto, ON M6C 2E1
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$1,5641 Bedroom Apartments Available Now
166 Eastbourne Ave
166 Eastbourne AveToronto, ON M4R 1A7
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$1,579 - $2,795Studio to 2 Bedroom Apartments Available Now
1 Marquette Avenue
1 Marquette AveToronto, ON M6A 1X8
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$1,579 - $2,650
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$1,579 - $2,650
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$1,579 - $2,650
470 Sentinel Road
470 Sentinel RdToronto, ON M3J 1V6
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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$1,581 - $3,457
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$1,581 - $3,457
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$1,581 - $3,457
Ava Manor
1862 Bathurst StToronto, ON M5P 3K8
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$1,586 - $1,7581 Bedroom Apartments Available Now
1660 Bathurst Street
1660 Bathurst StToronto, ON M5P 3K1
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$1,595 - $2,9801 to 3 Bedroom Apartments Available Now
35 David Salomon
35 David Salomon DrToronto, ON M3C 1E7
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$1,599 - $2,499Studio to 2 Bedroom Apartments Available Now
Cedarwood Suites
120 Raglan AveToronto, ON M6C 1L7
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$1,599 - $2,700Studio to 1 Bedroom Apartments Available Now
Jameson Ave Apartments - 87 James
87 Jameson AveToronto, ON M6K 2X2
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$1,599 - $2,703
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$1,599 - $2,703
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$1,599 - $2,703
Northwoods Village
32-51 Brookwell DrToronto, ON M3M 2Y1
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$1,599 - $2,399
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$1,599 - $2,399
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$1,599 - $2,399
31-35 St. Dennis Drive
31-35 St Dennis DrToronto, ON M3C 1G7
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$1,599 - $2,499Studio to 2 Bedroom Apartments Available Now
Ravine Park Apartments
2303 Eglinton Ave EToronto, ON M1K 2N6
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$1,599 - $1,849Studio to 1 Bedroom Apartments Available Now
550 Jarvis St
550 Jarvis StToronto, ON M4Y 2H9
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$1,599 - $1,957Studio to 3 Bedroom Apartments Available Now
55 Emmett Avenue
55 Emmett AveToronto, ON M6M 2E4
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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$1,600 - $1,695Studio to 1 Bedroom Apartments Available Now
96 Isabella The Arms Apartments
96 Isabella StToronto, ON M4Y 1N9
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$1,600 - $2,449
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$1,600 - $2,449
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$1,600 - $2,449
100 Alexander Street
100 Alexander StToronto, ON M4Y 1B7
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$1,600 - $2,750
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$1,600 - $2,750
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$1,600 - $2,750
Shorecrest Apartments
35 Spencer AveToronto, ON M6K 1G8
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$1,600 - $1,9001 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
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$1,600 - $2,4001 to 2 Bedroom Apartments Available Now
Tiara Mansions
100 Gamble AveToronto, ON M4K 2H2
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$1,600 - $3,100Studio to 3 Bedroom Apartments Available Now
Dunfield and Holly Towers
33 Holly StToronto, ON M4S 2G8
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$1,600 - $3,050Studio to 2 Bedroom Apartments Available Now
710 Spadina Av
710 Spadina AvToronto, ON M5S 2J3
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$1,600 - $2,300
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$1,600 - $2,300
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$1,600 - $2,300
440 Winona Drive
440 Winona DrToronto, ON M6E 3P9
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$1,600 - $2,500
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$1,600 - $2,500
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$1,600 - $2,500
1524 Bathurst Street
1520-1524 Bathurst StToronto, ON M5P 3H3
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$1,600 - $2,900Studio to 3 Bedroom Apartments Available Now
1765 & 1775 Weston Rd Apartments
1765 Weston RdToronto, ON M9N 3P7
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.
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 | $1,938 | $1,045 | $8,486 |
| Toronto 1 Bedroom Apartments | $2,460 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,222 | $900 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,092 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,079 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $19,393 | $8,639 | $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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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 $1,387.
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 $5,848.
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 3,414 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 $1,316 which is $4,532 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.