Cheap Gated Apartments for Rent in Toronto, ON from $700 (296 Rentals) Page 3 of 6

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

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Elmpark Manor Apartments
$1,849 - $3,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,849 - $3,500

Total Monthly Price
$1,849 - $3,500
1 to 3 Bedroom Apartments Available Now

Elmpark Manor Apartments

235 Gosford BlvdToronto, ON M3N 2W3
Student Housing
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  • Utilities Included
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Sandalwood Manor
$1,869 - $2,399
Total Monthly Price

Total Monthly Price

Base Rent
$1,869 - $2,399

Total Monthly Price
$1,869 - $2,399
1 to 3 Bedroom Apartments Available Now

Sandalwood Manor

10-20 Trudelle StToronto, ON M1J 1Y9
Student Housing
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  • Utilities Included
  • 3D Tour
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Castlefield Apartments
$1,898 - $2,839
Total Monthly Price

Total Monthly Price

Base Rent
$1,898 - $2,839

Total Monthly Price
$1,898 - $2,839
Studio to 3 Bedroom Apartments Available Now

Castlefield Apartments

132 Castlefield AveToronto, ON M4R 1G7
Student Housing
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330 Hopewell Ave
$950 - $2,300Studio to 2 Bedroom Apartments

330 Hopewell Ave

330 Hopewell AveToronto, ON M6E 2S3
  • Utilities Included
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243 Eglinton Ave W
$1,000Studio to 2 Bedroom Apartments

243 Eglinton Ave W

243 Eglinton Ave WToronto, ON M4R 1B1
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898 Eglinton Ave E
$1,099 - $1,112Studio to 2 Bedroom Apartments

898 Eglinton Ave E

898 Eglinton Ave EToronto, ON M6C 2B6
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Cap Ross Apartments
$1,100 - $1,3001 to 2 Bedroom Apartments

Cap Ross Apartments

12 Craigton DrToronto, ON M1L 2N6
  • Utilities Included
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42 Thorncliffe Park
$1,200 - $2,2001 to 3 Bedroom Apartments

42 Thorncliffe Park

42 Thorncliffe Park DrToronto, ON M4H 1K1
  • Utilities Included
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1167 Queen St E
$1,200 - $4,0001 to 3 Bedroom Apartments

1167 Queen St E

1167 Queen St EToronto, ON M4M 1L5
  • Utilities Included
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Monterey Park
$1,300 - $2,000Studio to 2 Bedroom Apartments

Monterey Park

11 Glenburn AveToronto, ON M4B 2W7
  • Utilities Included
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52 Thorncliffe Park Dr
$1,320 - $1,790Studio to 2 Bedroom Apartments

52 Thorncliffe Park Dr

52 Thorncliffe Park DrToronto, ON M4H 1K5
  • Utilities Included

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 $1,439.

What is the price of a cheap apartment in Toronto?

The cheapest apartment in Toronto is Carrying Place Vista which is listed at $1,387, while the average apartment in Toronto costs $3,109.

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 1,150 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 $1,406 which is $1,703 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.