
Cheap Gated Apartments for Rent in Toronto, ON from $700 (394 Rentals) Page 2 of 8
Search the lowest-cost Apartments available for rent right now in Toronto.


Total Monthly Price
Northwoods Village

Lawrence Park Apartments

1065 Eglinton

2701 EGLINTON AVE W

26 Sloane Avenue

Cedarwood Suites

1765 & 1775 Weston Rd Apartments

Leaside Towers

Raglan Gardens
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.

Residences of Rose Park

710 Spadina Av

96 Isabella The Arms Apartments

Tiara Mansions

Total Monthly Price
100 Alexander Street

Total Monthly Price
The Latimer Apartments

1760 Wilson Ave

Dundonald Arms

Total Monthly Price
1524 Bathurst Street

Wellesley Apartments
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.

Total Monthly Price
Ava Manor

35 David Salomon

Station House on Bloor

Davisville Village

Palomar at Village Gate West

221 Balliol Street

77 Davisville

2 Regal Road

Garden View Apartments

82 Warren Road
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.

1336 Kingston Rd

320-342 Avenue Road

Total Monthly Price
1 Springhurst Ave

Goldengate

Islington Towers

Total Monthly Price
30 Springhurst Ave

Total Monthly Price
Rosedale East

21 Park Boulevard

1660 Bathurst Street

90 Eastdale
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.

Gowan Court

Northcliffe Heights

633 Northcliffe Boulevard

Faywood-Vinci Community

Yonge Eglinton Apartments — Orchard View

166 Eastbourne Ave

Total Monthly Price
Davick Court - 42, 44 & 46 Saranac Blvd

464 & 448 Spadina Rd

650 Eglinton Avenue West

225 Davisville Avenue
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+ |
Browse Top Apartments in Toronto
See all Apartments in TorontoExplore Toronto
Toronto, ON Area Reviews
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.