Cheap Apartments for Rent with Specials in Toronto, ON from C$700 (84 Rentals) Page 2 of 2
Rental Listings with Specials.
Cheap Apartments in Toronto.

St. Andrews Towers | 14, 16, 20 Carluke

45 Balliol Street

40 Gerrard Street East Apartments

633 Northcliffe Boulevard

Goldengate Apartments

Ravine Park Apartments

286 Finch Ave W

Wilson Manor

225 Davisville Avenue

Main Square

650 Eglinton Avenue West

Lake Promenade Community

One32

470 Mortimer Av

Ruby Heights

Metropolitan Apartments

Tippett Park

40 Tuxedo Court

The Campbell

Cambridge Place Apartments

Elm Grove

Helen Towers

Tobermory Terrace

Fifeshire Towers

2 Dorado Ct

5 Capri Road

Park Vista Apartments

3085 Queen Frederica

The Omeath

Park Heights Limited

600 & 620 Lolita Gardens

Bristol Arms Apartment

2170 Sherobee Road
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$2,033 | C$1,045 | C$5,640 |
Toronto 1 Bedroom Apartments | C$2,407 | C$890 | C$6,460 |
Toronto 2 Bedroom Apartments | C$3,113 | C$1,695 | C$10,000 |
Toronto 3 Bedroom Apartments | C$4,137 | C$2,100 | C$10,000 |
Toronto 4 Bedroom Apartments | C$4,492 | C$1,145 | C$10,000 |
Toronto 5 Bedroom Apartments | C$4,890 | C$4,890 | C$4,890 |
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 C$1,550.
What is the price of a cheap apartment in Toronto?
The cheapest apartment in Toronto is 25 Mabelle which is listed at C$1,250, while the average apartment in Toronto costs C$3,345.
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 31 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$186 which is C$3,159 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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.