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$1,299
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$1,299
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$1,299
256-262 Sherbourne St.
256 Sherbourne StToronto, ON M5A 2A2
Cheap Pet Friendly Apartments for Rent in Toronto, ON from $700 (567 Rentals)
Pet Friendly Toronto Rentals.
Cheap Apartments in Toronto.
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$1,300 - $2,300
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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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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$1,365 - $2,550Studio to 2 Bedroom Apartments Available Now
Yonge Eglinton Apartments
460 Eglinton Ave EToronto, ON M4P 1M3
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$1,399 - $2,539Studio to 2 Bedroom Apartments Available Now
Mid-Town Apartments
137 Isabella StToronto, ON M4Y 1P2
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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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Rent Specials
$1,400 - $2,100
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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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 - $1,8001 to 2 Bedroom Apartments Available Now
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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$1,400 - $2,800
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,400 - $2,800
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$1,400 - $2,800
22 Oakmount
22 Oakmount RdToronto, ON M6P 2M7
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$1,400 - $2,150
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$1,400 - $2,150
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650 Parliament St
650 Parliament StToronto, ON M4X 1P8
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$1,400 - $2,195
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,400 - $2,195
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$1,400 - $2,195
Terrace Wood
45 Driftwood AveToronto, ON M3N 2M4
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,400 - $2,300
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$1,400 - $2,300
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$1,400 - $2,300
Bel Manor Apartments
145 Jameson AveToronto, ON M6K 2X4
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$1,415 - $2,590Studio to 2 Bedroom Apartments Available Now
Park Terraces North & South
3000 Yonge StToronto, ON M4N 2K5
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Rent Specials
$1,419 - $2,999
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,419 - $2,999
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$1,419 - $2,999
St. Andrews Towers | 14, 16, 20 Carluke
14, 16, 20 Carluke CresToronto, ON M2L 2H9
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$1,420 - $1,790Studio to 2 Bedroom Apartments Available Now
Islington Apartments
148 Islington AveToronto, ON M8V 3B6
Islington Apartments
148 Islington Ave
TorontoONM8V 3B6
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$1,429 - $3,149Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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$1,450 - $2,950
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$1,450 - $2,950
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260 Wellesley St E
260 Wellesley St EToronto, ON M4X 1R2
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$1,450 - $3,200Studio to 3 Bedroom Apartments Available Now
The Citadel
701 Don Mills RdToronto, ON M3C 1R7
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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 - $2,550
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$1,450 - $2,550
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$1,450 - $2,550
The Imperial
130 Jameson AveToronto, ON M6K 2X4
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.
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$1,470 - $3,500Studio to 4 Bedroom Apartments Available Now
Havenbrook Towers
75 Havenbrook BlvdToronto, ON M2J 1A8
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$1,475 - $1,980Studio to 2 Bedroom Apartments Available Now
200 Roehampton
200 Roehampton AvToronto, ON M4R 1R8
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Rent Specials
$1,489 - $1,999Studio to 2 Bedroom Apartments Available Now
Gertrude Suites
787 Vaughan RdToronto, ON M6E 2Z5
Mimico Estates
2527 Lake Shore Blvd W
TorontoONM8V 1E6
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$1,495 - $2,350Studio to 2 Bedroom Apartments Contact Us For Availability
Collegiate Court
481 Vaughan RdToronto, ON M6C 2P4
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$1,495 - $2,250Studio to 2 Bedroom Apartments Contact Us For Availability
Suncrest Court
236 Vaughan RdToronto, ON M6C 2N1
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$1,495Studio Apartments Contact Us For Availability
Upper Canada Apartments 165
165 Erskine AveToronto, ON M4P 2A1
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$1,4991 Bedroom Apartments Available Now
260 Sherbourne
260 Sherbourne StToronto, ON M5A 2S1
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$1,499 - $2,249
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,499 - $2,249
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$1,499 - $2,249
The Park Mills
32 Clayland DrToronto, ON M3A 2A5
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$1,499 - $1,599Studio to 1 Bedroom Apartments Available Now
The Continental
510 Dawes RdToronto, ON M4B 2G2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,500 - $2,600
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$1,500 - $2,600
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$1,500 - $2,600
1592 Bathurst Street
1592 Bathurst StToronto, ON M5P 1R8
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$1,500 - $1,695
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$1,500 - $1,695
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$1,500 - $1,695
Six Points Suites | 40 Trethewey Dr
40 Trethewey DrToronto, ON M6M 4B1
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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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$1,500 - $2,300Studio to 2 Bedroom Apartments Available Now
Goodwood Apartments
100-108 Goodwood Park CtToronto, ON M4C 5C4
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Rent Specials
$1,525 - $2,775
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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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 - $1,899Studio to 1 Bedroom Apartments Available Sep 1
The Sheldrake
1 Homewood AvToronto, ON M4Y 2J8
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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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$1,549 - $2,2491 Bedroom Apartments Available Now
Eccleston Heights | 1, 3, 21 Eccleston
3 Eccleston DrToronto, ON M4A 1K1
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$1,549 - $2,199
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Studio to 2 Bedroom Apartments Available Aug 15Total Monthly Price
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$1,549 - $2,199
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$1,549 - $2,199
Princeton Apartments
183 Berry RdToronto, ON M8Y 1W5
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$1,550 - $2,129
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$1,550 - $2,129
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$1,550 - $2,129
Doversquare Apartments
730 Dovercourt RdToronto, ON M6H 2W9
Pet-Friendly Renting: Everything You Need to Know Before You Move
Finding a pet-friendly apartment is with ease. Learn how to navigate the rental process as a pet owner and build trust with your landlord from day one.
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$1,550 - $2,659
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$1,550 - $2,659
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$1,550 - $2,659
2837 Yonge Street
2837 Yonge StToronto, ON M4N 2J6
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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 - $1,849Studio to 1 Bedroom Apartments Available Now
550 Jarvis St
550 Jarvis StToronto, ON M4Y 2H9
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$1,550 - $2,750Studio to 3 Bedroom Apartments Available Now
Castlegate Apartments
39-45 Parkcrest DrToronto, ON M1M 3S6
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$1,551 - $1,651
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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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 - $1,795
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Studio Apartments Available Aug 15Total Monthly Price
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$1,555 - $1,795
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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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Rent Specials
$1,579 - $2,500
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,579 - $2,500
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$1,579 - $2,500
Imperial Towers
90 Tyndall AveToronto, ON M6K 1G3
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$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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$1,580 - $2,575
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$1,580 - $2,575
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$1,580 - $2,575
Huntley Apartments
77 Huntley StToronto, ON M4Y 2L1
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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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 | $1,907 | $995 | $8,410 |
| Toronto 1 Bedroom Apartments | $2,399 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,155 | $1,450 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,970 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,499 | $1,119 | $8,619 |
| Toronto 5 Bedroom Apartments | $13,488 | $9,238 | $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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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleReal 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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Quick Rent Budget Calculator
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 $1,400.
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 $2,545.
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 3,257 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 $1,181 which is $1,364 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.