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$1,019 - $2,4991 to 4 Bedroom Apartments Available Sep 3
The Els - Student Living
3070 Ellesmere RdToronto, ON M1E 4C3
Cheap Gated Apartments for Rent in Toronto, ON from $700 (372 Rentals)
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$1,045Studio Apartments Available Now
Bradley Court
280 Dundas St EToronto, ON M5A 3W1
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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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$1,300 - $2,300
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$1,300 - $2,300
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$1,300 - $2,300
440 Winona Drive
440 Winona DrToronto, ON M6E 3P9
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$1,329 - $3,149Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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$1,350 - $2,500
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$1,350 - $2,500
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$1,350 - $2,500
1011 Lansdowne Ave Apartments
1011 Lansdowne AveToronto, ON M6H 4G1
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$1,400 - $2,100
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$1,400 - $2,100
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$1,400 - $2,100
15 Bater Ave
15 Bater AveToronto, ON M4K 2S4
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$1,400 - $1,9001 to 2 Bedroom Apartments Available Now
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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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$1,400 - $1,7001 Bedroom Apartments Available Now
Marina View Apartments
2303-2307 Lake Shore Blvd WToronto, ON M8V 1A7
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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
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$1,450 - $2,500
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$1,450 - $2,500
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$1,450 - $2,500
WELLINGTON APARTMENTS
437 Jarvis StToronto, ON M4Y 2H1
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$1,450 - $2,800Studio to 3 Bedroom Apartments Available Now
The Citadel
701 Don Mills RdToronto, ON M3C 1R7
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$1,450 - $2,050
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$1,450 - $2,050
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$1,450 - $2,050
Clearview on the Park
31 Clearview HtsToronto, ON M6M 2A2
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$1,450 - $2,550
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$1,450 - $2,550
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$1,450 - $2,550
The Imperial
130 Jameson AveToronto, ON M6K 2X4
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$1,499 - $3,457
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$1,499 - $3,457
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$1,499 - $3,457
Ava Manor
1862 Bathurst StToronto, ON M5P 3K8
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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 - $2,099Studio to 2 Bedroom Apartments Available Now
Gertrude Suites
787 Vaughan RdToronto, ON M6E 2Z5
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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$1,500 - $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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$1,500 - $2,750
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$1,500 - $2,750
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$1,500 - $2,750
Shorecrest Apartments
35 Spencer AveToronto, ON M6K 1G8
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$1,525 - $2,775
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$1,525 - $2,775
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$1,525 - $2,775
700 & 730 Ontario Street Apartments
700-730 Ontario StToronto, ON M4X 1N2
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$1,525 - $1,889Studio to 1 Bedroom Apartments Available Now
The Sheldrake
1 Homewood AvToronto, ON M4Y 2J8
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$1,529 - $2,539Studio to 2 Bedroom Apartments Available Now
Mid-Town Apartments
137 Isabella StToronto, ON M4Y 1P2
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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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$1,550 - $2,299
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$1,550 - $2,299
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$1,550 - $2,299
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
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.
284 Euclid Ave
TorontoONM6J 2K2
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$1,551 - $1,651
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$1,551 - $1,651
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$1,551 - $1,651
East York Apartments
2890 St Clair Ave EToronto, ON M4B 1N5
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$1,555 - $1,995
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$1,555 - $1,995
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The Summit
280 St George StToronto, ON M5R 2P7
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$1,557 - $1,899Studio to 1 Bedroom Apartments Available Now
4750 Bathurst Street
4750 Bathurst StToronto, ON M2R 1W9
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$1,570 - $3,250Studio to 2 Bedroom Apartments Available Now
77 Davisville
77 Davisville AveToronto, ON M4S 1G4
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Rent Specials
$1,579 - $2,650
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Studio to 3 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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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
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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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$1,585 - $3,890Studio to 2 Bedroom Apartments Available Now
Village Green
40 Alexander StToronto, ON M4Y 1B5
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$1,586 - $1,7561 Bedroom Apartments Available Now
1660 Bathurst Street
1660 Bathurst StToronto, ON M5P 3K1
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$1,590 - $2,580
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$1,590 - $2,580
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$1,590 - $2,580
Huntley Apartments
77 Huntley StToronto, ON M4Y 2L1
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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$1,590 - $2,580
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$1,590 - $2,580
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$1,590 - $2,580
545 & 555 Sherbourne
545 Sherbourne StToronto, ON M4X 1W6
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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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$1,595 - $2,655Studio to 3 Bedroom Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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$1,597 - $1,847Studio to 1 Bedroom Apartments Available Now
267 St. George Street
267 St George StToronto, ON M5R 2P9
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$1,599 - $2,675Studio 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 - $2,229Studio to 1 Bedroom Apartments Available Now
Glencairn Garden Apartments
2730 Yonge StToronto, ON M4N 2H9
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$1,599 - $1,957Studio to 3 Bedroom Apartments Available Now
55 Emmett Avenue
55 Emmett AveToronto, ON M6M 2E4
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$1,599 - $2,999
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$1,599 - $2,999
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$1,599 - $2,999
St. Andrews Towers | 14, 16, 20 Carluke
14, 16, 20 Carluke CresToronto, ON M2L 2H9
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$1,599 - $2,288Studio to 2 Bedroom Apartments Available Now
1065 Eglinton
1065 Eglinton AveToronto, ON M6C 2E1
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.
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 | $2,050 | $1,045 | $7,264 |
| Toronto 1 Bedroom Apartments | $2,528 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,263 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,413 | $1,019 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,610 | $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!
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 $1,350.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Bell Tower Residences which is listed at $1,285, while the average apartment in Toronto costs $5,748.
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 3,002 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 $1,177 which is $4,571 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
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.
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.