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$1,295 - $3,050Studio to 3 Bedroom Apartments Available Now
90 Eastdale
90 Eastdale AveToronto, ON M4C 2G5
Cheap Apartments for Rent with Specials in Toronto, ON from $700 (217 Rentals)
Rental Listings with Specials.
Cheap Apartments in Toronto.
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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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$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 - $1,9001 to 2 Bedroom Apartments Available Now
2251 - 2257 Jane Street
2257 Jane StToronto, ON M3L 1K8
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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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$1,415 - $2,590Studio to 2 Bedroom Apartments Available Now
Park Terraces North & South
3000 Yonge StToronto, ON M4N 2K5
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$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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$1,429 - $3,149Studio to 3 Bedroom Apartments Available Now
Crescent Town
7-11 Crescent PlToronto, ON M4C 5C4
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$1,439 - $2,454Studio to 2 Bedroom Apartments Available Now
103 & 105 West Lodge
103-105 W Lodge AveToronto, ON M6K 2T7
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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$1,450 - $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 - $2,800Studio to 3 Bedroom Apartments Available Now
The Citadel
701 Don Mills RdToronto, ON M3C 1R7
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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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$1,465 - $2,550Studio to 2 Bedroom Apartments Available Now
Yonge Eglinton Apartments
460 Eglinton Ave EToronto, ON M4P 1M3
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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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$1,485 - $2,870Studio to 2 Bedroom Apartments Available Now
680 Roselawn Avenue
680 Roselawn AveToronto, ON M5N 1L3
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$1,490 - $1,785Studio to 1 Bedroom Apartments Available Now
Upper Canada Court, Centre
140 Erskine AvToronto, ON M4P 1Z2
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$1,495 - $2,655Studio to 3 Bedroom Apartments Available Now
Cambridge Place Apartments
30 Denton AveToronto, ON M1L 4P2
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$1,499 - $1,599Studio to 1 Bedroom Apartments Available Now
The Continental
510 Dawes RdToronto, ON M4B 2G2
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$1,499 - $1,999Studio to 2 Bedroom Apartments Available Now
Gertrude Suites
787 Vaughan RdToronto, ON M6E 2Z5
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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$1,500 - $2,400
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$1,500 - $2,400
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$1,500 - $2,400
30 Springhurst Ave
30 Springhurst AveToronto, ON M6K 1B3
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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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$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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$1,525 - $2,775
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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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$1,549 - $2,299
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Studio to 2 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,549 - $2,299
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$1,549 - $2,299
Princeton Apartments
183 Berry RdToronto, ON M8Y 1W5
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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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$1,550 - $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 - $2,299
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$1,550 - $2,299
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$1,550 - $2,299
Doversquare Apartments
730 Dovercourt RdToronto, ON M6H 2W9
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$1,551 - $1,651
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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 - $1,995
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$1,555 - $1,995
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The Summit
280 St George StToronto, ON M5R 2P7
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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$1,559Studio Apartments Contact Us For Availability
The Maitlands
36-42 Maitland StToronto, ON M4Y 1C5
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$1,579 - $2,500
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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
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$1,585 - $2,9251 to 3 Bedroom Apartments Available Now
Main Square
2575 Danforth AveToronto, ON M4C 1L5
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$1,595 - $2,9801 to 3 Bedroom Apartments Available Now
35 David Salomon
35 David Salomon DrToronto, ON M3C 1E7
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$1,597 - $1,897Studio to 1 Bedroom Apartments Available Now
117 Old Forest Hill Road
117 Old Forest Hill RdToronto, ON M5P 2R8
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$1,597Studio to 1 Bedroom Apartments Available Oct 1
267 St. George Street
267 St George StToronto, ON M5R 2P9
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$1,599 - $1,6501 Bedroom Apartments Available Now
Donlands Apartments
5 Donlands AveToronto, ON M4J 1M2
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$1,599 - $2,229Studio to 1 Bedroom Apartments Available Now
Glencairn Garden Apartments
2730 Yonge StToronto, ON M4N 2H9
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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$1,599 - $1,849Studio to 1 Bedroom Apartments Available Now
550 Jarvis St
550 Jarvis StToronto, ON M4Y 2H9
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$1,599 - $2,675Studio to 2 Bedroom Apartments Available Now
Ravine Park Apartments
2303 Eglinton Ave EToronto, ON M1K 2N6
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$1,599 - $2,357Studio to 3 Bedroom Apartments Available Now
55 Emmett Avenue
55 Emmett AveToronto, ON M6M 2E4
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$1,599 - $1,899
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Studio to 1 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,599 - $1,899
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$1,599 - $1,899
869-875 Avenue Rd
869-875 Avenue RdToronto, ON M5P 2K5
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$1,5992 Bedroom Apartments Available Aug 1
2938 Danforth Ave
2938 Danforth AveToronto, ON M4C 1M5
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$1,599 - $2,449Studio to 2 Bedroom Apartments Available Now
Cedarwood Suites
120 Raglan AveToronto, ON M6C 1L7
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$1,599 - $2,649
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Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$1,599 - $2,649
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$1,599 - $2,649
Northwoods Village
32-51 Brookwell DrToronto, ON M3M 2Y1
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$1,599 - $2,2291 to 2 Bedroom Apartments Available Now
26 Sloane Avenue
26 Sloane AvToronto, ON M4A 2A4
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$1,600 - $1,700
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$1,600 - $1,700
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$1,600 - $1,700
The Latimer Apartments
560 Eglinton Ave WToronto, ON M5N 1B8
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$1,600 - $3,100Studio to 3 Bedroom Apartments Available Now
Dunfield and Holly Towers
33 Holly StToronto, ON M4S 2G8
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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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 | $1,898 | $1,045 | $6,990 |
| Toronto 1 Bedroom Apartments | $2,377 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,155 | $1,450 | $10,000+ |
| Toronto 3 Bedroom Apartments | $3,957 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $4,427 | $1,119 | $8,701 |
| Toronto 5 Bedroom Apartments | $11,323 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.
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Real 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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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
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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 90 Eastdale which is listed at $1,395, while the average apartment in Toronto costs $4,010.
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 2,949 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 $1,248 which is $2,762 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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.