
Cheap Apartments for Rent with Specials in Toronto, ON from $700 (204 Rentals) Page 2 of 5
Rental Listings with Specials.
Cheap Apartments in Toronto.


Total Monthly Price
1524 Bathurst Street

Park Terraces North & South

Glencairn Garden Apartments

70 Spadina Road

Total Monthly Price
545 Sherbourne

633 Northcliffe Boulevard

The Sheldrake

Briar Hill - Belgravia

Raglan Gardens
Navigating 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.

109 Jameson Avenue

Imperial Towers

Tichester Park Manors

31-35 St. Dennis Drive

Mid-Town Apartments

Sherwood Apartments

82 Warren Road

Wellesley Apartments

The Summit

Donlands Apartments

700 & 730 Ontario Street Apartments

2 Secord Ave

21 Park Boulevard

225 Davisville Avenue

7 Glazebrook Ave

Total Monthly Price
Warren Court Apartments

4750 Bathurst Street

Gowan Court

Liberty House

221 Balliol Street

Main Square

196 Eglinton Avenue East

Cambridge Place Apartments

10 Carabob Ct

85 Lowther Avenue

267 St. George Street

310-312 LONSDALE RD

Total Monthly Price
St. Andrews Towers | 14, 16, 20 Carluke

21 Welsford Gdns

286 Finch Avenue W

2 Regal Road

The Lincoln

Highland Commons

7 Hambly Av

Total Monthly Price
Cottingham Manor

2&4 Milepost

165-195 Barrington Ave

Total Monthly Price
East York Apartments

5249 Dundas Street W
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 | $1,984 | $1,045 | $10,000+ |
| Toronto 1 Bedroom Apartments | $2,407 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,191 | $900 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,078 | $1,550 | $10,000+ |
| Toronto 4 Bedroom Apartments | $6,119 | $1,384 | $10,000+ |
| Toronto 5 Bedroom Apartments | $21,984 | $10,000 | $10,000+ |
Explore Toronto
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 $1,400.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 2346 Weston which is listed at $1,387, while the average apartment in Toronto costs $4,817.
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 2,894 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 $1,298 which is $3,519 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.
