close
View Me
Rent Specials
$1,387 - $1,8981 Bedroom Apartments Available Now
2346 Weston
2346 Weston RdToronto, ON M9N
Cheap Senior Apartments for Rent in Toronto, ON from $700 (11 Rentals)
Senior Living Rental Options.
Cheap Apartments in Toronto.
close
View Me
Rent Specials
$1,799 - $2,199
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,799 - $2,199
Total Monthly Price
$1,799 - $2,199
30 Gilder Dr
30 Gilder DrToronto, ON M1K 4P6
close
View Me
Rent Specials
$1,879 - $2,2091 to 2 Bedroom Apartments Available Now
Parkway Manor
2243 Eglinton Ave EToronto, ON M1K 2N2
close
View Me
$775 - $900Studio to 1 Bedroom Apartments
St David's Village
1290 Danforth RdToronto, ON M1J 3L9
close
View Me
$1,250 - $1,4691 to 2 Bedroom Apartments
485 Patricia Ave
485 Patricia AveToronto, ON M2R 2N1
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.
close
View Me
$1,750 - $2,3051 to 3 Bedroom Apartments
Martin Way Towers West
695 Martin Grove RdToronto, ON M9R 3T6
close
View Me
$1,775 - $2,1751 to 3 Bedroom Apartments
3091 Eglinton Ave E
3091 Eglinton Ave EToronto, ON M1J 2G1
close
View Me
$1,879 - $2,1991 to 2 Bedroom Apartments
Roxbury Manor
168-170 Berry RdToronto, ON M8Y 1W5
close
View Me
Rent Specials
$1,825 - $2,375
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,825 - $2,375
Total Monthly Price
$1,825 - $2,375
28 Elizabeth Holdings Inc.
28 Elizabeth St NMississauga, ON L5G 2Z6
close
View Me
$1,850 - $2,300Studio to 2 Bedroom Apartments Available Now
The Sheridan Manor
345 Lakeshore Rd WMississauga, ON L5H 1H3
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
close
View Me
Rent Specials
$1,900 - $2,350Studio to 2 Bedroom Apartments Available Now
12 Park St E
12 Park St EMississauga, ON L5G 1L5
Showing Results 1-11, Page 1 of 1
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 | $2,077 | $1,045 | $7,320 |
| Toronto 1 Bedroom Apartments | $2,553 | $895 | $10,000+ |
| Toronto 2 Bedroom Apartments | $3,285 | $1,350 | $10,000+ |
| Toronto 3 Bedroom Apartments | $4,187 | $1,569 | $10,000+ |
| Toronto 4 Bedroom Apartments | $5,556 | $1,069 | $10,000+ |
| Toronto 5 Bedroom Apartments | $14,927 | $1,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Toronto
Toronto, ON Local Guide
- Toronto Neighborhoods
- Nearby Cities
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.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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
Toronto, ON Area Reviews
Do you know the Toronto area?
Let everyone know!
Write a Review
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 $1,375.
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 $5,975.
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 3,171 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 $1,164 which is $4,811 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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.