Cheap Gated Apartments for Rent in Toronto, ON from C$400 (165 Rentals) Page 2 of 4

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Search the lowest-cost Apartments available for rent right now in Toronto.

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.

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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330 Hopewell Ave
Studio to 2 Bedroom Apartments

330 Hopewell Ave

330 Hopewell AveToronto, ON M6E 2S3
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243 Eglinton Ave W
Studio to 2 Bedroom Apartments

243 Eglinton Ave W

243 Eglinton Ave WToronto, ON M4R 1B1

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.

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898 Eglinton Ave E
Studio to 2 Bedroom Apartments

898 Eglinton Ave E

898 Eglinton Ave EToronto, ON M6C 2B6
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Cap Ross Apartments
1 to 2 Bedroom Apartments

Cap Ross Apartments

12 Craigton DrToronto, ON M1L 2N6
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1167 Queen St E
1 to 3 Bedroom Apartments

1167 Queen St E

1167 Queen St EToronto, ON M4M 1L5
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42 Thorncliffe Park
1 to 3 Bedroom Apartments

42 Thorncliffe Park

42 Thorncliffe Park DrToronto, ON M4H 1K1
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Monterey Park
Studio to 2 Bedroom Apartments

Monterey Park

11 Glenburn AveToronto, ON M4B 2W7
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52 Thorncliffe Park Dr
Studio to 2 Bedroom Apartments

52 Thorncliffe Park Dr

52 Thorncliffe Park DrToronto, ON M4H 1K5
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26 Gulliver Road
Studio to 2 Bedroom Apartments

26 Gulliver Road

26 Gulliver RdToronto, ON M6M 2N2
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Cassandra Towers
Studio to 4 Bedroom Apartments

Cassandra Towers

265-275 Cassandra BlvdToronto, ON M3A 1V4
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Birchmount Apartments
1 to 3 Bedroom Apartments

Birchmount Apartments

540 Birchmount RdToronto, ON M1K 1P1
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2460 Keele St
1 to 3 Bedroom Apartments

2460 Keele St

2460 Keele StToronto, ON M6L 2N5
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Davisville Village
Studio to 3 Bedroom Apartments

Davisville Village

141 Davisville AveToronto, ON M4S 1G7
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40 Lambton Ave
Studio to 2 Bedroom Apartments

40 Lambton Ave

40 Lambton AveToronto, ON M6N 2S1
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1002 Lawrence Ave E
Studio to 1 Bedroom Apartments

1002 Lawrence Ave E

1002 Lawrence Ave EToronto, ON M3C 1R4
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185 Cosburn Ave
Studio to 2 Bedroom Apartments

185 Cosburn Ave

185 Cosburn AveToronto, ON M4K 3Y2
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Grange Apartments
Studio to 3 Bedroom Apartments

Grange Apartments

164-168 Grange AveToronto, ON M5T 2V5
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1911 Bayview Ave
Studio to 2 Bedroom Apartments

1911 Bayview Ave

1911 Bayview AveToronto, ON M4G 3E4
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  • Smoke Free
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Bay Mills Place
Studio to 3 Bedroom Apartments

Bay Mills Place

375 Bay Mills BlvdToronto, ON M1T 2G6
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40 Raglan Avenue
Studio to 1 Bedroom Apartments

40 Raglan Avenue

40 Raglan AveToronto, ON M6C 2L4
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Toronto, ON Area Reviews

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Dee4+ years in Toronto

February 25, 2025

30 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 C$1,495.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is Carrying Place Vista which is listed at C$1,313, while the average apartment in Toronto costs C$3,438.

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 38 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 C$255 which is C$3,183 cheaper than the average rent for all rentals in Toronto.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.