25 Moynes Av
TorontoONM8Y 3B7
Cheap New Apartments for Rent in Toronto, ON from C$700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Toronto.
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C$1,739 - C$2,297Built in 20191 to 2 Bedroom Apartments Available Now
West22
22 John StToronto, ON M9N 0B1
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C$1,742 - C$4,470Built in 2025Studio to 3 Bedroom Apartments Available Now
Akoya
55 Broadway AvToronto, ON M4P 1T8
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C$1,805 - C$3,050Built in 2022Studio to 3 Bedroom Apartments Available Sep 15
Tippett Park
18 Tretti WayToronto, ON M3H 2V1
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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C$1,873 - C$3,707Built in 2022Studio to 2 Bedroom Apartments Available Now
Liberty House
15 Solidarity WayToronto, ON M6K 0G8
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C$1,889 - C$4,400Built in 2025Studio to 3 Bedroom Apartments Available Now
Story of Midtown
73-75 Broadway AvToronto, ON M4P 1V1
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C$1,895 - C$4,165Built in 2023Studio to 3 Bedroom Apartments Available Now
The Campbell
299 Campbell AveToronto, ON M6P 0C2
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C$1,900 - C$3,350Built in 2018Studio to 3 Bedroom Apartments Available Now
20 Samuel Wood
20 Samuel Wood WayToronto, ON M9B 0C8
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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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Built in 2024Studio to 2 Bedroom Apartments
620 Martin Grove Rd
620 Martin Grove RdToronto, ON M9R 0A5
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Built in 2017Studio to 2 Bedroom Apartments
Velocity at the Square
252 Victoria StToronto, ON M5B 1V8
Showing Results 1-14, Page 1 of 1
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 | C$1,966 | C$1,045 | C$2,825 |
| Toronto 1 Bedroom Apartments | C$2,480 | C$895 | C$7,346 |
| Toronto 2 Bedroom Apartments | C$3,125 | C$1,650 | C$10,000 |
| Toronto 3 Bedroom Apartments | C$4,099 | C$2,450 | C$10,000 |
| Toronto 4 Bedroom Apartments | C$5,699 | C$2,599 | C$10,000 |
| Toronto 5 Bedroom Apartments | C$2,945 | C$1,000 | C$4,890 |
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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 C$1,500.
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$3,464.
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 44 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$389 which is C$3,075 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.
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.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.