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

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Rental Listings with Specials.

Cheap Apartments in Toronto.

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1524 Bathurst Street
Rent Specials
$1,600 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,500

Total Monthly Price
$1,600 - $2,500
1 to 2 Bedroom Apartments Available Now

1524 Bathurst Street

1520-1524 Bathurst StToronto, ON M5P 3H3
Affordability
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  • Utilities Included
  • 3D Tour
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545 & 555 Sherbourne
Rent Specials
$1,625 - $2,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,625 - $2,625

Total Monthly Price
$1,625 - $2,625
Studio to 2 Bedroom Apartments Available Now

545 & 555 Sherbourne

545 Sherbourne StToronto, ON M4X 1K8
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Warren Court Apartments
Rent Specials
$1,650 - $2,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $2,690

Total Monthly Price
$1,650 - $2,690
Studio to 3 Bedroom Apartments Available Now

Warren Court Apartments

3000 Victoria Park AveToronto, ON M2J 4Y2
Affordability
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property at 7 Hambly Av

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

Studio, 1 Bath Home for Rent

Available May 16

7 Hambly Av

TorontoONM4E 2R5
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Cottingham Manor
Rent Specials
$1,700 - $2,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,700 - $2,345

Total Monthly Price
$1,700 - $2,345
Studio to 1 Bedroom Apartments Available Now

Cottingham Manor

291 Avenue RdToronto, ON M4V 2G9
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 2346 Weston which is listed at $1,387, while the average apartment in Toronto costs $4,741.

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 2,872 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 $1,306 which is $3,435 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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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.

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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.

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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.

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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.