
Cheap Apartments for Rent with Specials in Toronto, ON from $800 (258 Rentals)
Rental Listings with Specials.
Cheap Apartments in Toronto.


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1011 Lansdowne Ave Apartments

Yonge Eglinton Apartments

25 Mabelle

2251 - 2257 Jane Street

Marina View Apartments

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15 Bater Ave

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650 Parliament St

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Bel Manor Apartments

Brentwood Towers
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.

Park Terraces North & South

103 & 105 West Lodge

The Continental

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260 Wellesley St E

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WELLINGTON APARTMENTS

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The Imperial

Havenbrook Towers

680 Roselawn Avenue

Gertrude Suites

Goodwood Apartments
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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1592 Bathurst Street

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700 & 730 Ontario Street Apartments

The Maitlands

550 Jarvis St

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545 & 555 Sherbourne

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East York Apartments

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Davick Court - 42, 44 & 46 Saranac Blvd

80 St. Clair East

Cambridge Place Apartments

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Northshore Apartments
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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Imperial Towers

77 Davisville

117 Old Forest Hill Road

267 St. George Street

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869 Avenue Rd

Donlands Apartments

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Northwoods Village

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2837 Yonge Street

2938 Danforth Ave

Raglan Gardens
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.

Leaside Towers

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The Latimer Apartments

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100 Alexander Street

1760 Wilson Ave

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29 Upper Canada Drive

1617 Victoria Park Av

196 Eglinton Avenue East

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Ava Manor

Upper Canada Court, Centre

35 David Salomon
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.
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 | $1,910 | $1,099 | $8,281 |
| Toronto 1 Bedroom Apartments | $2,366 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,145 | $1,375 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,069 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,426 | $1,119 | $8,621 |
| Toronto 5 Bedroom Apartments | $14,850 | $5,500 | $10,000+ |
Browse Top Apartments in Toronto
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Toronto, ON Local Guide
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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 ArticleNavigating 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.
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.
Read ArticleQuick 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
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 $1,399.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is Marina View Apartments which is listed at $1,400, while the average apartment in Toronto costs $2,572.
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 2,902 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 $1,096 which is $1,476 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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.