Cheap Apartments for Rent with Specials in Toronto, ON from $700 (227 Rentals) Page 2 of 5

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Rental Listings with Specials.

Cheap Apartments in Toronto.

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The Latimer Apartments
Rent Specials
$1,600 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $1,700

Total Monthly Price
$1,600 - $1,700
Studio to 1 Bedroom Apartments Available Now

The Latimer Apartments

560 Eglinton Ave WToronto, ON M5N 1B8
Student Housing
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Ava Manor
Rent Specials
$1,647 - $3,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,647 - $3,457

Total Monthly Price
$1,647 - $3,457
Studio to 3 Bedroom Apartments Available Now

Ava Manor

1862 Bathurst StToronto, ON M5P 3K8
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cottingham Manor
Rent Specials
$1,649 - $2,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,345

Total Monthly Price
$1,649 - $2,345
Studio to 1 Bedroom Apartments Available Now

Cottingham Manor

291 Avenue RdToronto, ON M4V 2G9
Affordability
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30 Springhurst Ave
Rent Specials
$1,650 - $2,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $2,400

Total Monthly Price
$1,650 - $2,400
Studio to 1 Bedroom Apartments Available Now

30 Springhurst Ave

30 Springhurst AveToronto, ON M6K 1B3
Student Housing
  • Verified
  • Utilities Included
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Rosedale East
Rent Specials
$1,650 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $2,600

Total Monthly Price
$1,650 - $2,600
Studio to 2 Bedroom Apartments Available Now

Rosedale East

50-70 Cambridge AveToronto, ON M4K 2L3
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Cliffside Apartments
Rent Specials
$1,668 - $3,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,668 - $3,000

Total Monthly Price
$1,668 - $3,000
1 to 3 Bedroom Apartments Available Sep 1

Cliffside Apartments

2382 Kingston RdToronto, ON M1N 0C5
Affordability
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565 Sherbourne St
Rent Specials
$1,675 - $3,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,675 - $3,350

Total Monthly Price
$1,675 - $3,350
Studio to 3 Bedroom Apartments Available Now

565 Sherbourne St

565 Sherbourne StToronto, ON M4X 1W7
Affordability
  • Verified
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Biggin Court Apartments
Rent Specials
$1,699 - $2,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,699 - $2,299

Total Monthly Price
$1,699 - $2,299
1 to 2 Bedroom Apartments Available Now

Biggin Court Apartments

2 Biggin CtToronto, ON M4A 1L9
Affordability
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  • Utilities Included
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The Woolland
Rent Specials
$1,700 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,450

Total Monthly Price
$1,700 - $2,450
1 to 3 Bedroom Apartments Available Now

The Woolland

1284 Danforth RdToronto, ON M1J 1E9
Affordability
  • Verified
  • 3D Tour

Toronto, ON Area Reviews

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Dee4+ years in Toronto

February 25, 2025

30 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 $3,921.

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 2,884 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 $1,177 which is $2,744 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

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.

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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.